An institute run with such knavish imbecility that if it were not the work of God it would not last a fortnight.

It was the Faith which gradually and indirectly transformed the slave into the serf, and the serf into the free peasant... You will not be able to set up in a pagan or an heretical or a wholly indifferent society the institutions characteristic of economic freedom; you will not be able to curb competition which alone would be sufficient to destroy such freedom, nor pursue permanently and consecutively any one part of the program. The thing must be done as a whole, and it can be done as a whole only by the ambient influence of Catholicism.

Whatever happens, we have got The Maxim gun, and they have not.

But though Usury is in itself immoral, and justly condemned by every ethical code, its chief and worst defect in the particular case we are now examining, the growth of Capitalism and its increasing proletariat, is the centralization of irresponsible control over the lives of men: the putting power over the proletariat into the hands of a few who can direct the loans of currency and credit without which that proletariat could not be fed and clothed and maintained in work.

The larger unit can borrow more easily in proportion than the smaller. It can especially tap bank credit more easily and bank credit is, to-day, the chief factor in economic activity of all kinds.

The Reformation has been called in a biting epigram "a rising of the rich against the poor."

I am a Catholic. As far as possible, I go to Mass every day. This is a rosary. As far as possible, I kneel down and tell these beads every day. If you reject me on account of my religion, I shall thank God that He has spared me the indignity of being your representative.