As a people, we have the problem of making our forests outlast this generation, or iron outlast this century, and our coal the next; not merely as a matter of convenience or comfort, but as a matter of stern necessity.
William Howard TaftOne of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.
William Howard TaftThe intoxication of power rapidly sobers off in the knowledge of its restrictions and under the prompt reminder of an ever-present and not always considerate press, as well as the kindly suggestions that not infrequently come from Congress.
William Howard Taft