The surest foundation of a manufacturing concern is quality. After that, and a long way after, comes cost.

Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.

Those who would administer [charity] wisely must, indeed, be wise, for one of the serious obstacles to the improvement of our race is indiscriminate charity. It were better for mankind that the millions of the rich were thrown into the sea than spent to encourage the slothful, the drunken, the unworthy. Of every thousand dollars spent in so-called charity today, it is probable that nine hundred and fifty dollars is unwisely spent - so spent, indeed, as to produce the very evils which it hopes to mitigate or cure.

That 95 per cent. fail of those who start in business upon their own account seems incredible, and yet such are said to be the statistics upon the subject.

Speculation is a parasite feeding upon values, creating none.

As I grow older, I pay less attention to what men say. I just watch what they do.

I will give a million dollars for any convincing proof of a future life.