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Its a good quote and I like Ingersoll, but I think his sentiments might better be expressed if he said something to the affect of Reason will bring not a sword, but peace.
The vast majority of wars that have ever been fought were first justified by Reason. The fundamental merits of Reason are restricted by the ethics and morals of the person who is wielding it. History is replete with examples of atrocious events logically and rationally justified previous to their occurrence.
Objectivism is a perfect example. Say what you will about Rand and her ilk, but I don't think even her harshest critics would accuse her of lacking Reason.
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To RetiredAg's point, I don't think its fair to blame the process or activity of science for the bad things people do with weaponry.
I tend to agree, but I would also say the same exact thing about religion.