The New Deal was going to redistribute the national income according to ideals of social and economic justice.

You do not defend a world that is already lost.

There is a long history of monetary experience. It tells us that government is at heart a counterfeiter and therefore cannot be trusted to control money, and that this is true of both autocratic and popular government.

There is in government a living impulse to extend itself indefinitely; and there is in freedom a necessity to resist that impulse.

There was endless controversy as to whether the acts of the New Deal did actually move recovery or retard it, and nothing final could ever come of that bitter debate because it is forever impossible to prove what might have happened in place of what did.

The New Deals enmity for that system of free and competitive private enterprise which we call capitalism was fundamental.

It is the function of the President, representing the executive principle, to execute the laws.