Here is my principle: Taxes shall be levied according to ability to pay. That is the only American principle.

They realize that in thirty-four months we have built up new instruments of public power. In the hands of a peoples Government this power is wholesome and proper. But in the hands of political puppets of an economic autocracy such power would provide shackles for the liberties of the people.

I think this would be a good time for a beer.

You sometimes find something good in the lunatic fringe. In fact, we have got as part of our social and economic government today a whole lot of things which in my boyhood were considered lunatic fringe, and yet they are now part of everyday life.

I ask you to judge me by the enemies I have made.

We have always known that heedless self interest was bad morals, we now know that it is bad economics.

Do not confuse objectives with methods. When the nation becomes substantially united in favor of planning the broad objectives of civilization, then true leadership must unite thought behind definite methods.