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.

I abhor averages. I like the individual case. A man may have six meals one day and none the next, making an average of three meals per day, but that is not a good way to live.

The most important office, and the one which all of us can and should fill, is that of private citizen.

Experience teaches us to be most on our guard to protect liberty when the government's purposes are beneficent.

The goose that lays golden eggs has been considered a most valuable possession. But even more profitable is the privilege of taking the golden eggs laid by somebody else's goose. The investment bankers and their associates now enjoy that privilege.

We learned long ago that liberty could be preserved only by limiting in some way the freedom of action of individuals; that otherwise liberty would necessarily yield to absolutism; and in the same way we have learned that unless there be regulation of competition, its excesses will lead to the destruction of competition, and monopoly will take its place.

Those who won our independence believed that the final end of the state was to make men free to develop their faculties... They valued liberty both as an end and as a means. They believed liberty to be the secret of happiness and courage to be the secret of liberty... that public discussion is a political duty; and that this should be a fundamental principle of the American government.