A Quote by Roger Babson

Does anyone believe for one moment that the progress we have made would have been possible under bureaucratic control of any government. This country was founded upon the principle of the regulation of private effort, of making rules for the game, and under that system alone can we look for the same success in the future which has been ours in the past. Our position today is the direct result of the free play among our people of private competitive effort.
It is contended by many that ours is a Christian government, founded upon the Bible, and that all who look upon the book as false or foolish are destroying the foundation of our country. The truth is, our government is not founded upon the rights of gods, but upon the rights of men. Our Constitution was framed, not to declare and uphold the deity of Christ, but the sacredness of humanity. Ours is the first government made by the people and for the people. It is the only nation with which the gods have had nothing to do.
So the system we have in radio and television today is the direct result of government policies that have been made in our name, in the name of the people, on our behalf, but without our informed consent.
Our soldiers fought in the Korean War to push back communism. As a result of their effort and the effort of our allies, South Korea is free today.
This program could destroy private initiative for our aged to protect themselves with insurance against the cost of illness....Presently, over 60 percent of our older citizens purchase hospital and medical insurance without Government assistance. This private effort would cease if Government benefits were given to all our older citizens.
If I could get one message to you it would be this: the future of this country and the welfare of the free world depends upon our success in space. There is no room in this country for any but a fully cooperative, urgently motivated all-out effort toward space leadership. No one person, no one company, no one government agency, has a monopoly on the competence, the missions, or the requirements for the space program.
When we look at the astonishing material achievements of the West. we see these things as the result, not of compulsion or government action or the superior wisdom of a few, but of that system of competition and free enterprise, rewarding success and penalising failure, which enables every individual to participate by his private decisions in shaping the future of his society.
If you take all the food aid, America is by far the most generous country. If you take the direct aid, we're very generous. But when you add on our private contributions - see, our tax system encourages private citizens to donate to organisations that, for example, help the folks in Africa. And when you take the combined effort of US taxpayers' money plus US citizens' donations, we're very generous. And we'll do more.
What America needs is to hold to its ancient and well-charted course. Our country was conceived in the theory of local self-government. It has been dedicated by long practice to that wise and beneficent policy. It is the foundation principle of our system of liberty. It makes the largest promise to the freedom and development of the individual. Its preservation is worth all the effort and all the sacrifice that it may cost.
Our reliance in this country is on the inquiring, individual human mind. Our strength is founded there; our resilience, our ability to face an ever-changing future and to master it. We are not frozen into the backward-facing impotence of those societies, fixed in the rigidness of an official dogma, to which the future is the mirror of the past. We are free to make the future for ourselves.
If we are to give our utmost effort and skill and enthusiasm, we must believe in ourselves, which means believing in our past and in our future, in our parents and in our children, in that particular blend of moral purpose and practical inventiveness which is the American character.
Some people think the Federal Reserve Banks are US government institutions. They are not... they are private credit monopolies which prey upon the people of the US for the benefit of themselves and their foreign and domestic swindlers, and rich and predatory money lenders. The sack of the United States by the Fed is the greatest crime in history. Every effort has been made by the Fed to conceal its powers, but the truth is the Fed has usurped the government. It controls everything here and it controls all our foreign relations. It makes and breaks governments at will.
Even if someone wanted a purely free-market, competitive media system, it would require extensive government regulation to set up those markets. All our largest media companies are based on the grant of explicit government monopoly privileges and licenses, or franchises, or subsidies. The government didn't come in after the system was in place, it built the system in the first place.
If history could prove and teach us anything, it would be the private ownership of the means of production as a necessary requisite of civilization and material well-being. All civilizations have up to now been based on private property. Only nations committed to the principle of private property have risen above penury and produced science, art, and literature. There is no experience to show that any other social system could provide mankind with any of the achievements of civilization.
Success is peace of mind, which is a direct result of self-satisfaction in knowing you made the effort to become the best of which you are capable.
It is this ideal of progress through cumulative effort rather than through genius—progress by organised effort, progress which does not wait for some brilliant stroke, some lucky discovery, or the advent of some superman, has been the chief gift of science to social philosophy.
In all ages of the world, priests have been enemies to liberty; and it is certain, that this steady conduct of theirs must have been founded on fixed reasons of interest and ambition. Liberty of thinking, and of expressing our thoughts, is always fatal to priestly power, and to those pious frauds, on which it is commonly founded; and, by an infallible connexion, which prevails among all kinds of liberty, this privilege can never be enjoyed, at least has never yet been enjoyed, but in a free government.
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