We have but to remember man's natural tendency to satisfy his desires with the minimum of effort to realize how political power will be utilized.

Popular suffrage is in itself no guarantee of freedom. People can vote themselves into slavery.

Posterity does not pay off anything of the national debt. Each administration adds to the debt left to it, and the promise of liquidation implied in every bond issue is a false promise.

There cannot be a good tax nor a just one; every tax rests its case on compulsion.

The only beneficiaries of income taxation are the politicians, for it not only gives them the means by which they can increase their emoluments, but it also enables them to improve their importance. The have-nots who support the politicians in the demand for income taxation do so only because they hate the haves; . . . the sum of all the arguments for income taxation comes to political ambition and the sin of covetousness.

We have but to remember man's natural tendency to satisfy his desires with the minimum of effort to realize how political power will be utilized.

Private capitalism makes a steam engine; State capitalism makes pyramids.