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

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.

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

The only title in our democracy superior to that of President is the title of citizen.

Most of the things worth doing in the world had been declared impossible before they were done.

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

The old idea of a good bargain was a transaction in which one man got the better of another. The new idea of a good contract is a transaction which is good for both parties to it.