First Quote Added
April 10, 2026
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"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. This is the greatest question of all, and to this statesmen must address themselves with an earnest determination to serve the long future and the true liberties of men."
"The man who is swimming against the stream knows the strength of it."
"So, our honest politicians and our honorable corporation heads owe it to their reputations to bring their activities out into the open."
"No student knows his subject: the most he knows is where and how to find out the things he does not know."
"All that progressives ask or desire is permission — in an era when "development," "evolution," is the scientific word — to interpret the Constitution according to the Darwinian principle; all they ask is recognition of the fact that a nation is a living thing and not a machine."
"Government is not a machine, but a living thing. It falls, not under the theory of the universe, but under the theory of organic life. It is accountable to Darwin, not to Newton."
"The government, which was designed for the people, has got into the hands of the bosses and their employers, the special interests. An invisible empire has been set up above the forms of democracy."
"No country can afford to have its prosperity originated by a small controlling class. The treasury of America lies in those ambitions, those energies, that cannot be restricted to a special favored class. It depends upon the inventions of unknown men, upon the originations of unknown men, upon the ambitions of unknown men. Every country is renewed out of the ranks of the unknown, not out of the ranks of those already famous and powerful and in control."
"American industry is not free, as once it was free; American enterprise is not free; the man with only a little capital is finding it harder to get into the field, more and more impossible to compete with the big fellow. Why? Because the laws of this country do not prevent the strong from crushing the weak. That is the reason, and because the strong have crushed the weak the strong dominate the industry and the economic life of this country. No man can deny that the lines of endeavor have more and more narrowed and stiffened; no man who knows anything about the development of industry in this country can have failed to observe that the larger kinds of credit are more and more difficult to obtain, unless you obtain them upon the terms of uniting your efforts with those who already control the industries of the country; and nobody can fail to observe that any man who tries to set himself up in competition with any process of manufacture which has been taken under the control of large combinations of capital will presently find himself either squeezed out or obliged to sell and allow himself to be absorbed."
"Since I entered politics, I have chiefly had men's views confided to me privately. Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of somebody, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when they speak in condemnation of it. They know that America is not a place of which it can be said, as it used to be, that a man may choose his own calling and pursue it just as far as his abilities enable him to pursue it; because to-day, if he enters certain fields, there are organizations which will use means against him that will prevent his building up a business which they do not want to have built up; organizations that will see to it that the ground is cut from under him and the markets shut against him. For if he begins to sell to certain retail dealers, to any retail dealers, the monopoly will refuse to sell to those dealers, and those dealers, afraid, will not buy the new man's wares."
"In most parts of our country men work, not for themselves, not as partners in the old way in which they used to work, but generally as employees,—in a higher or lower grade,—of great corporations. There was a time when corporations played a very minor part in our business affairs, but now they play the chief part, and most men are the servants of corporations."
"I have not written a book since the campaign. I did not write this book at all. It is the result of the editorial literary skill of Mr. William Bayard Hale, who has put together here in their right sequences the more suggestive portions of my campaign speeches. And yet it is not a book of campaign speeches. It is a discussion of a number of very vital subjects in the free form of extemporaneously spoken words. I have left the sentences in the form in which they were stenographically reported. I have not tried to alter the easy-going and often colloquial phraseology in which they were uttered from the platform, in the hope that they would seem the more fresh and spontaneous because of their very lack of pruning and recasting."
"There are those in this country who threaten direct action to force their will, upon a majority. Russia today, with its blood and terror, is a painful object lesson of the power of minorities. It makes little difference what minority it is; whether capital or labor, or any other class; no sort of privilege will ever be permitted to dominate this country. We are a partnership or nothing that is worth while. We are a democracy, where the majority are the masters, or all the hopes and purposes of the men who founded this government have been defeated and forgotten. In America there is but one way by which great reforms can be accomplished and the relief sought by classes obtained, and that is through the orderly processes of representative government. Those who would propose any other method of reform are enemies of this country. America will not be daunted by threats nor lose her composure or calmness in these distressing times. We can afford, in the midst of this day of passion and unrest, to be self - contained and sure. The instrument of all reform in America is the ballot. The road to economic and social reform in America is the straight road of justice to all classes and conditions of men. Men have but to follow this road to realize the full fruition of their objects and purposes. Let those beware who would take the shorter road of disorder and revolution. The right road is the road of justice and orderly process."
"The seed of revolution is repression."
"Sometimes people call me an idealist. Well, that is the way I know I am an American. America, my fellow citizens — I do not say it in disparagement of any other great people—America is the only idealistic Nation in the world. When I speak practical judgments about business affairs, I can only guess whether I am speaking the voice of America or not, but when I speak the ideal purposes of history I know that I am speaking the voice of America, because I have saturated myself since I was a boy in the records of that spirit, and everywhere in them there is this authentic tone of the love of justice and the service of humanity. If by any mysterious influence of error America should not take the leading part in this new enterprise of concerted power, the world would experience one of those reversals of sentiment, one of those penetrating chills of reaction, which would lead to a universal cynicism, for if America goes back upon mankind, mankind has no other place to turn. It is the hope of nations all over the world that America will do this great thing."
"I can predict with absolute certainty that within another generation there will be another world war if the nations of the world do not concert the method by which to prevent it."
"This war, in its inception was a commercial and industrial war. It was not a political war."
"If every nation is going to be our rival, if every nation is going to dislike and distrust us, and that will be the case, because having trusted us beyond measure the reaction will occur beyond measure (as it stands now they trust us they look to us, they long that we shall undertake anything for their assistance rather than that any other nation should undertake it)— if we say, "No, we are in this world to live by ourselves, and get what we can out of it by any selfish processes," then the reaction will change the whole heart and attitude of the world toward this great, free, justice-loving people, and after you have changed the attitude of the world, what have you produced? Peace? Why, my fellow citizens, is there any man here or any woman, let me say is there any child here, who does not know that the seed of war in the modern world is industrial and commercial rivalry? The real reason that the war that we have just finished took place was that Germany was afraid her commercial rivals were going to get the better of her, and' the reason why some nations went into the war against Germany was that they thought Germany would get the commercial advantage of them. The seed of the jealousy, the seed of the deep-seated hatred was hot, successful commercial and industrial rivalry."
"America is the place where you can not kill your Government by killing the men who conduct it. The only way you can kill government in America is by making the men and women of America forget how to govern, and nobody can do that. They sometimes find the team a little difficult to drive, but they sooner or later whip it into harness."
"The Germans are really a stupid people. They always do the wrong thing. They always did the wrong thing during the war. They don't understand human nature. This is the most tactless speech I have ever heard. It will set the whole world against them."
"Conservatism is the policy of making no changes and consulting your grandmother when in doubt."
"We are all agreed that there can be no peace obtained by any kind of bargain or compromise with the governments of the Central Empires, because we have dealt with them already and have seen them deal with other governments that were parties to this struggle, at Brest Litovsk and Bucharest. They have convinced us that they are without honour and do not intend justice. They observe no covenants, accept no principle but force and their own interest. We cannot “come to terms” with them. They have made it impossible. The German people must by this time be fully aware that we cannot accept the word of those who forced this war upon us. We do not think the same thoughts or speak the same language of agreement."
"Friendship is the only cement that will ever hold the world together."
"Well, nothing was ever done so systematically as nothing is being done now."
"[W]e are not bound to adhere to the doctrine held by the signers of the Declaration of Independence."
"There are two beings who assess character instantly by looking into the eyes,—dogs and children. If a dog not naturally possessed of the devil will not come to you after he has looked you in the face, you ought to go home and examine your conscience; and if a little child, from any other reason than mere timidity, looks you in the face, and then draws back and will not come to your knee, go home and look deeper yet into your conscience."
"We are not put into this world to sit still and know; we are put into it to act. It is true that in order to learn men must for a little while withdraw from action, must seek some quiet place of remove from the bustle of affairs, where their thoughts may run clear and tranquil, and the heats of business be for the time put off; but that cloistered refuge is no place to dream in."
"No doubt a lot of nonsense has been talked about the inalienable rights of the individual, and a great deal that was mere vague sentiment and pleasing speculation has been put forward as fundamental principle."
"Opinion shifted uneasily, the while, the nation through. The unexpected scope and magnitude of the war, its slow and sullen movement, its anxious strain of varying fortune, its manifest upheaval of the vary foundations of government, turned men's hopes and fears now this way now that, threw their judgements all abroad, brought panic gusts of disquietude and dismay which lasted a long season through before any steady winds of purpose found their breath and their second quarter. For eighteen months Mr. Lincoln had waited upon opinion, with a patience which had deeply irritated all who wished radical action taken. He knew the hazards of time as well as any man; feared that at almost any moment news might come of the recognition of the southern Confederacy by the old governments abroad; knew how important success was to hold opinion at home no less than to check interference from without; was keenly conscious how the failures of the Army of the Potomac offset and neutralized the successes of the federal arms in the West; and realized to the full how awkward it was, whether for the government of opinion at home or over sea, to have no policy more handsome than conquest and subjugation. It was necessary to put the South at a moral disadvantage by transforming the contest from a war waged against States fighting for their independence to a war against States fighting for the maintenance and extension of slavery, by making some open move for emancipation as the real motive of the struggle. Once make the war a struggle against slavery, and the world, it might be hoped, might see it as a moral war, not a political; and the sympathy of nations would begin to run for the North, not the South."
"The white men of the South were aroused by the mere instinct of self-preservation to rid themselves, by fair means or foul, of the intolerable burden of governments sustained by the votes of ignorant negroes."
"Adventurers swarmed out of the North, as much the enemies of one race as of the other, to cozen, beguile and use the negroes. The white men were aroused by a mere instinct of self-preservation — until at last there sprung into existence a great Kuklux Klan, a veritable empire of the South, to protect the Southern country."
"However it has come about, it is more important still that the control of credit also has become dangerously centralized. It is the mere truth to say that the financial resources of the country are not at the command of those who do not submit to the direction and domination of small groups of capitalists who wish to keep the economic development of the country under their own eye and guidance. The great monopoly in this country is the monopoly of big credits. So long as that exists, our old variety and freedom and individual energy of development are out of the question. 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. This is the greatest question of all, and to this statesmen must address themselves with an earnest determination to serve the long future and the true liberties of men. This money trust, or, as it should be more properly called, this credit trust, of which Congress has begun an investigation, is no myth; it is no imaginary thing. It is not an ordinary trust like another. It doesn’t do business every day. It does business only when there is occasion to do business. You can sometimes do something large when it isn’t watching, but when it is watching, you can’t do much. And I have seen men squeezed by it; I have seen men who, as they themselves expressed it, were put “out of business by Wall Street,” because Wall Street found them inconvenient and didn’t want their competition."
"Nothing is easier than to falsify the past. Lifeless instruction will do it. If you rob it of vitality, stiffen it with pedantry, sophisticate it with argument, chill it with unsympathetic comment, you render it as dead as any academic exercise. The safest way in all ordinary seasons is to let it speak for itself: resort to its records, listen to its poets and to its masters in the humbler art of prose. Your real and proper object, after all, is not to expound, but to realize it, consort with it, and make your spirit kin with it, so that you may never shake the sense of obligation off. In short, I believe that the catholic study of the world's literature as a record of spirit is the right preparation for leadership in the world's affairs, if you undertake it like a man and not like a pedant."
"The object of education is not merely to draw out the powers of the individual mind: it is rather its right object to draw all minds to a proper adjustment to the physical and social world in which they are to have their life and their development: to enlighten, strengthen and make fit."
"Negro rule under unscrupulous adventurers had been finally put an end to in the South, and the natural, inevitable ascendancy of the whites, the responsible class, established."
"It has never been natural, it has seldom been possible, in this country for learning to seek a place apart and hold aloof from affairs. It is only when society is old, long settled to its ways, confident in habit, and without self-questioning upon any vital point of conduct, that study can affect seclusion and despise the passing interests of the day."
"Uncompromising thought is the luxury of the closeted recluse."
"The ear of the leader must ring with the voices of the people."
"The English race, consequently, has long and successfully studied the art of curbing executive power to the constant neglect of the art of perfecting executive methods. It has exercised itself much more in controlling than in energizing government, It has been more concerned to render government just and moderate than to make it facile, well-ordered,and effective."
"The principles on which to base a science of administration for America, must be principles which have democratic policy very much at heart."
"Like a lusty child, government with us has expanded in nature and grown great in stature, but has also become awkward in movement... English and American political history has been a history, not of administrative development, but of legislative oversight-not of progress in governmental organization, but of advance in law-making and political criticism... We go on criticising when we ought to be creating."
"Administration is the most obvious part of government; it is government in action; it is the executive, the operative, the most visible side of government, and is of course as old as government itself."
"It is getting to be harder to run a constitution than to frame one."
"We grow great by dreams. All big men are dreamers. They see things in the soft haze of a spring day or in the red fire of a long winter's evening. Some of us let these great dreams die, but others nourish and protect them; nurse them through bad days till they bring them to the sunshine and light which comes always to those who sincerely hope that their dreams will come true."
"In fundamental theory socialism and democracy are almost if not quite one and the same. They both rest at bottom upon the absolute right of the community to determine its own destiny and that of its members. Men as communities are supreme over men as individuals."
"The Senate of the United States has been both extravagantly praised and unreasonably disparaged, according to the predisposition and temper of its various critics... The truth is, in this case as in so many others, something quite commonplace and practical. The Senate is just what the mode of its election and the conditions of public life in this country make it."
"Congress in session is Congress on public exhibition, whilst Congress in its committee-rooms is Congress at work."
"I yield to no one precedence in love for the South. But because I love the South, I rejoice in the failure of the Confederacy."
"Nazis generally did not have to kill in order to seize the property of Germans other than Jews. This was because, as we have seen, they established socialism by stealth, through price controls, which served to maintain the outward guise and appearance of private ownership. The private owners were thus deprived of their property without knowing it and thus felt no need to defend it by force."
"In any type of socialist state, Nazi or Communist, the government's economic plan is part of the supreme law of the land."