Coincident with the right of individual property under the provisions of our Government is the right of individual property. . . . When once the right of the individual to liberty and equality is admitted, there is no escape from the conclusion that he alone is entitled to the rewards of his own industry. Any other conclusion would necessarily imply either privilege or servitude.

Governments are necessarily continuing concerns. They have to keep going in good times and in bad. They therefore need a wide margin of safety. If taxes and debt are made all the people can bear when times are good, there will be certain disaster when times are bad.

Self-government means self support.

In a republic the first rule for the guidance of the citizen is obedience of the law.

I have never been hurt by what I have not said.

We demand entire freedom of action and then expect the government in some miraculous way to save us from the consequences of our own acts.... Self-government means self-reliance.

It seems to me probable that of all our economic life the element on which we are inclined to place too low an estimate is advertising.