A Quote by John Lancaster Spalding
Liberty is more precious than money or office; and we should be vigilant lest we purchase wealth or place at the price of inner freedom.
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The individual investor should act consistently as an investor and not as a speculator. This means ... that he should be able to justify every purchase he makes and each price he pays by impersonal, objective reasoning that satisfies him that he is getting more than his money's worth for his purchase.
Sell not virtue to purchase wealth, nor liberty to purchase power.
I know that inner wisdom is more precious than wealth. The more you spend it, the more you gain.
Freedom and the dignity of the individual have been more available and assured here than in any other place on earth. The price for this freedom at times has been high, but we have never been unwilling to pay the price.
Labour was the first price, the original purchase - money that was paid for all things. It was not by gold or by silver, but by labour, that all wealth of the world was originally purchased.
Think of yourself as a container for wealth. If your container is small and your money is big, what's going to happen? You will lose it. Your container will overflow and the excess money will spill out all over the place. You simply cannot have more money than the container. Therefore you must grow to be a big container so you cannot only hold more wealth but also attract more wealth. The universe abhors a vacuum and if you have a very large money container, it will rush in to fill the space.
People don't know the value of what they have until it is gone: Freedom suppressed and again regained bites with keener fangs than freedom never endangered.... Liberty is rendered even more precious by the recollection of servitude. Don't wait till freedom is gone before you enjoy, value, support, protect and make the most of it!
Let us instill into the hearts of our children the love of freedom. Teach them that to be free is as precious as life itself. Fight every influence - Socialist, communist, whatever it may be - that would deprive an American citizen of the liberty vouchsafed by the Constitution. Liberty is truth. In truth we find liberty. You teachers, feel it in your hearts; instill it into the hearts of these precious children. May the Church of Jesus Christ ever stand true to the ideals of freedom.
There is a loneliness more precious than life. There is a freedom more precious than the world. Infinitely more precious than life and the world is that moment when one is alone with God.
Freedom is our most precious commodity and if we are not eternally vigilant, government will take it all away. Individual freedom demands individual responsibility.
Wealth brings noble opportunities, and competence is a proper object of pursuit; but wealth, and even competence, may be bought at too high a price. Wealth itself has no moral attribute. It is not money, but the love of money, which is the root of all evil. It is the relation between wealth and the mind and the character of its possessor which is the essential thing.
Of course, there are dangers in religious freedom and freedom of opinion. But to deny these rights is worse than dangerous, it is absolutely fatal to liberty. The external threat to liberty should not drive us into suppressing liberty at home. Those who want the government to regulate matters of the mind and spirit are like men who are so afraid of being murdered that they commit suicide to avoid assassination.
If we look to the answer as to why for so many years we achieved so much, prospered as no other people on earth, it was because here in this land we unleashed the energy and individual genius of man to a greater extent than has ever been done before. Freedom and the dignity of the individual have been more available and assured here than in any other place on earth. The price for this freedom at times has been high, but we have never been unwilling to pay that price.
To the American people I say, awaken to what is happening. It is the duty of each citizen to be vigilant, to protect liberty, to speak out, left and right and disagree lest be trampled underfoot by misguided zealotry and extreme partisanship.
Your pretended fear lest error should step in, is like the man that would keep all the wine out of the country lest men should be drunk. It will be found an unjust and unwise jealousy, to deny a man the liberty he hath by nature upon a supposition that he may abuse it.
The goal of long-run economic growth without asset price bubbles is not only achievable, but is something we should expect if we put a sound regulatory framework in place and if policymakers remain vigilant.
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