Probably the greatest single obstacle to the progress and happiness of the American people lies in the willingness of so many men to invest their time and money in multiplying competitive industries instead of opening up new fields, and putting their money into lines of industry and development that are needed.

Giving should be entered into in just the same way as investing. Giving is investing.

Do not many of us who fail to achieve big things. . .fail because we lack concentration--the art of concentrating the mind on the thing to be done at the proper time and to the exclusion of everything else?

It has always been my rule in business to make everything count.

I was trained from the beginning to work, to save. I have always regarded it a as a religious duty to get all I could honorably and to give all I could.

Many of the deficiencies of our economic system could be alleviated if ways were found to broaden the ownership of the means of production... This has happened in some companies through ESOPs. Successful approaches of this sort would pay dividends in terms of employee commitment and morale. And they would not deprive anyone of his present holdings since they are based on future growth.

And we are never too old to study the Bible. Each time the lessons are studied comes some new meaning, some new thought which will make us better.