A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men who, even if their action be honest and intended for the public interest, are necessarily concentrated upon the great undertakings in which their own money is involved and who necessarily, by very reason of their own limitations, chill and check and destroy genuine economic freedom.

The city of Washington is in some respects self-contained, and it is easy there to forget what the rest of the United States is thinking about. I count it a fortunate circumstance that almost all the windows of the White House and its offices open upon unoccupied spaces that stretch to the banks of the Potomacand that as I sit there I can constantly forget Washington and remember the United States.

If you want to make enemies, try to change something.

There is a price which is too great to pay for peace, and that price can be put in one word. One cannot pay the price of self-respect.

It recognizes no morality but a sham morality meant for deceit, no honor even among thieves and of a thievish sort, no force but physical force, no intellectual power but cunning, no disgrace but failure, no crime but stupidity.

Every people has a right to choose the sovereignty under which they shall live.

America lives in the heart of every man everywhere who wishes to find a region where he will be free to work out his destiny as he chooses.