The world does not owe men a living, but business, if it is to fulfill its ideal, owes men an opportunity to earn a living.

We are not to judge thrift solely by the test of saving or spending. If one spends what he should prudently save, that certainly is to be deplored. But if one saves what he should prudently spend, that is not necessarily to be commended. A wise balance between the two is the desired end.

We may debate political participation in the affairs of the world as we will, but we must participate it its business, and business, like science, knows no political boundaries and in its dictionary there is no such word as isolation.

The man who can put himself in the place of other men, who can understand the workings of their minds, need never worry about what the future has in store for him.

What I am concerned about in this fast-moving world in a time of crises, both in foreign and domestic affairs, is not so much a program as a spirit of approach, not so much a mind as a heart. A program lives today and dies tomorrow. A mind, if it be open, may change with each new day, but the spirit and the heart are as unchanging as the tides.

Markets as well as mobs respond to human emotions; markets as well as mobs can be inflamed to their own destruction.