In expectation of his demise, a successful businessman may sell out to his competitors to prepare his estate with readily marketable securities, such as U.S. Treasury bonds. The confiscatory death tax eliminates many family enterprises and promotes the growth of giant corporations.

Sound money and free banking are not impossible; they are merely illegal.

No other commodity enjoys as much universal acceptability and marketability as gold.

Unfortunately, it is not in the power of government to make everyone more prosperous. Government can only raise the income of one person by taking from another.

Modern government has become a universal transfer agency that utilizes the political process for distributing vast measures of income and wealth. It preys on millions of victims in order to allocate valuable goods and services to its beneficiaries.

Peace is the natural state of man, war the temporary repeal of reason and virtue.

If we cannot return to fiscal integrity because the public prefers profusion and prodigality over balanced budgets, we cannot escape paying the price, which is ever lower incomes and standards of living for all.