Under the federal reserve act, panics are scientifically created. The present panic is the first scientifically created one, worked out as we figured, a mathematical equation.

Flying has torn apart the relationship of space and time: it uses our old clock but with new yardsticks.

My father had been opposed to my flying from the first and had never flown himself. However, he had agreed to go up with me at the first opportunity, and one afternoon he climbed into the cockpit and we flew over the Redwood Falls together. From that day on I never heard a word against my flying and he never missed a chance to ride in the plane.

Success is not measured by what a man accomplishes, but by the opposition he has encountered and the courage with which he has maintained the struggle against overwhelming odds.

I'm not bound to be in aviation at all. I'm here only because I love the sky and flying more than anything else on earth. Of course there's danger; but a certain amount of danger is essential to the quality of life. I don't believe in taking foolish chances' but nothing can be accomplished without taking any chance at all.

The improvement of our way of life is more important than the spreading of it. If we make it satisfactory enough, it will spread automatically. If we do not, no strength of arms can permanently oppose it.

Life without risks is not worth living.