The New Deal's enmity for that system of free and competitive private enterprise which we call capitalism was fundamental.

The New Deal was going to redistribute the national income according to ideals of social and economic justice.

There was endless controversy as to whether the acts of the New Deal did actually move recovery or retard it, and nothing final could ever come of that bitter debate because it is forever impossible to prove what might have happened in place of what did.

Well, where there is freedom doubt itself must be free.

Private enterprise is ceasing to be free enterprise

If the great Government of the United States were a private corporation no bank would take its name on a piece of paper, because it has cynically repudiated the words engraved upon its bonds.