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

Lenin, the greatest theorist of them all, did not know what he was going to do after he had got the power.

Revolution in the modern case is no longer an uncouth business.

To the revolutionary mind the American vista must have been almost as incredible as Genghis Khan's first view of China - so rich, so soft, so unaware.

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

The spectacle of a great, solvent government paying a fictitious price for gold it did not want and did not need and doing it on purpose to debase the value of its own paper currency was one to astonish the world.

If you put a ten dollar bill under the rug instead of spending it, that is capital formation. It represents ten dollars' worth of something that might have been immediately consumed, but wasn't.