Wealth in the modern world does not come merely from individual effort; it results from a combination of individual effort and of the manifold uses to which the community puts that effort.
Enlightened business is learning that competition ought not to cause bad social consequences which inevitably react upon the profits of business itself.
Great accumulations of wealth cannot be justified on the basis of personal and family security. Such accumulations amount to the perpetuation of great and undesirable concentration of control in a relatively few individuals over the employment and welfare of many, many others.
A radical is a man with both feet firmly planted—in the air. A conservative is a man with two perfectly good legs who, however, has never learned to walk forward. A reactionary is a somnambulist walking backwards. A liberal is a man who uses his legs at the command of his head.
Confidence thrives on honesty, on honor, on the sacredness of obligations, on faithful protection and on unselfish performance. Without them it cannot live.
Better the occasional faults of a government that lives in a spirit of charity than the consistent omissions of a government frozen in the ice of its own indifference.
Economic royalists complain that we seek to overthrow the institutions of America. What they really complain of is that we seek to take away their power. Our allegiance to American institutions requires the overthrow of this kind of power.
No nation ever loses its dignity or good standing by conciliating its differences and by exercising great patience with, and consideration for, the rights of other nations.