I dare predict that the influence of the Treaty of Renunciation of War will be felt in a large proportion of all future international acts.

There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation.

If America is to be run by the people, it is the people who must think. And we do not need to put on sackcloth and ashes to think. Nor should our minds work like a sundial which records only sunshine. Our thinking must square against some lessons of history, some principles of government and morals, if we would preserve the rights and dignity of men to which this nation is dedicated.

Words without actions are the assassins of idealism.

All men are equal before fish.

Any practice of business which would dominate the country by its own selfish interest is a destruction of equality of opportunity. Government in business, except in emergency, is also a destruction of equal opportunity and the incarnation of tyranny through bureaucracy.

Competition is not only the basis of protection to the consumer, but is the incentive to progress.