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.

Never was it [Capitalism] imposed on life as a system, or at all. It grew out of life, not all at once but gradually, and is therefore one of the great natural designs. When it was found and identified by such men as Adam Smith, who wrote its bible, and Karl Marx, who wrote its obituary too soon, it was already working.

We have crossed the boundary that lies between Republic and Empire. If you ask when, the answer is that you cannot make a single stroke between day and night: the precise moment does not matter. There was no painted sign to say: 'You are now entering Imperium.' Yet it was a very old road and the voice of history was saying: 'Whether you know it or not, the act of crossing may be irreversible.' And now, not far ahead, is a sign that reads: 'No U-turns.'

Well, where there is freedom doubt itself must be free.

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.

Loyalty of the law-making power to the executive power was one of the dangers the political fathers foretold.

With no notice to the American people...this country entered the war...Stranger than the fact was the passive acceptance of it.