Nearly all legislation involves a weighing of public needs as against private desires; and likewise a weighing of relative social values.

If there be time to expose through discussion the falsehood and fallacies, to avert the evil by the processes of education, the remedy to be applied is more speech, not enforced silence.

America has believed that in differentiation, not in uniformity, lies the path of progress. It acted on this belief; it has advanced human happiness, and it has prospered.

The logic of words should yield to the logic of realities.

History is not life, but since only life makes history, the union of the two is obvious.

Anyone who critically analyzes a business learns this: that the success or failure of an enterprise depends usually upon one man.

No system of regulation can safely be substituted for the operation of individual liberty as expressed in competition.