Fear of serious injury cannot alone justify suppression of free speech and assembly.

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.

The tax-exempt privilege is a feature always reflected in the market price of [municipal] bonds. The investor pays for it.

At the foundation of our civil liberties lies the principle that denies to government officials an exceptional position before the law and which subjects them to the same rules of conduct that are commands to the citizen.

... fear breeds repression; that repression breeds hate; that hate menaces stable government; that the path of safety lies in the opportunity to discuss freely supposed grievances and proposed remedies; and that the fitting remedy for evil counsels is good ones.

Ownership has been separated from control; and this separation has removed many of the checks which formerly operated to curb the misuse of wealth and power.

Crime is contagious....if the government becomes a lawbreaker, it breeds contempt for the law.