Markets as well as mobs respond to human emotions; markets as well as mobs can be inflamed to their own destruction.

We wake up to find the whole world building competitive trade barriers, just as we found it a few years ago building competitive armaments. We are trying to reduce armaments to preserve the world's solvency. We shall have to reduce competitive trade barriers to preserve the world's sanity. As between the two, trade barriers are more destructive than armaments and more threatening to the peace of the world.

I really believe that more harm is done by old men who cling to their influence than by young men who anticipate it.

Markets as well as mobs respond to human emotions; markets as well as mobs can be inflamed to their own destruction.

The man who can put himself in the place of other men, who can understand the workings of their minds, need never worry about what the future has in store for him.

Capital which overreaches for profits; labor which overreaches for wages, or a public which overreaches for bargains will all destroy such other. There is no salvation for us on that road.

It takes visions and courage to create. It takes faith and courage to prove.