More striking still, it appeared that, if the process of concentration goes on at the same rate, at the end of another century we shall have all American industry controlled by a dozen corporations and run by perhaps a hundred men. Put plainly, we are steering a steady course toward economic oligarchy, if we are not there already.

The barrier to success is not something which exists in the real world; it is composed purely and simply of doubts about ability.

I believe that the fundamental proposition is that we must recognize that the hostilities in Europe, in Africa, and in Asia are all parts of a single world conflict. We must, consequently, recognize that our interests are menaced both in Europe and in the Far East.

The fundamental idea...is that the country belongs to the people, that it is in process of making for the enrichment of the lives of all of us.

[The United States is] founded on the principles of Christianity

Industrial combination is not wrong in itself. The danger lies in taking government into partnership.

No business which depends for existence on paying less than living wages to its workers has any right to continue in this country... By living wages I mean more than a bare subsistence level - I mean the wages of decent living.