There is far more danger in public than in private monopoly, for when Government goes into business it can always shift its losses to the taxpayers. Government never makes ends meetand that is the first requisite of business.
Thomas A. EdisonI am not overly impressed by the great names and reputations of those who might be trying to beat me to an invention. It's their 'ideas' that appeal to me. I am quite correctly described as 'more of a sponge than an inventor
Thomas A. EdisonI am more of a sponge than an inventor. I absorb ideas from every source. I take half-matured schemes for mechanical development and make them practical. I am a sort of a middleman between the long-haired and impractical inventor and the hard-headed business man who measures all things in terms of dollars and cents. My principal business is giving commercial value to the brilliant but misdirected ideas of others.
Thomas A. EdisonThat is to say, under the old way any time we wish to add to the national wealth we are compelled to add to the national debt. Now, that is what Henry Ford wants to prevent. He thinks it is stupid, and so do I, that for the loan of $30,000,000 of their own money the people of the United States should be compelled to pay $66,000,000 - that is what it amounts to, with interest.
Thomas A. Edison