A dangerous fallacy is to repudiate freedom in favor of an unknown future. What else but our own sturdy reliance on freedom can explain the unexampled record this country has made? In a period scarcely twice my own lifetime it has risen from nothingness to become the world's greatest power. It has become the ark of the covenant of freedom.

Let us not be deceived we are today in the midst of a cold war.

I was the son of an immigrant. I experienced bigotry, intolerance and prejudice, even as so many of you have. Instead of allowing these thing to embitter me, I took them as spurs to more strenuous effort. .

A speculator is a man who observes the future, and acts before it occurs.

I have known men who could see through the motivations of others with the skill of a clairvoyant; only to prove blind to their own mistakes. I have been one of those men.

Never pay the slightest attention to what a company president ever says about his stock.

Although the shooting war is over, we are in the midst of a cold war which is getting warmer.