"It would be unjust, and moreover Utopian, for Shakespeare to direct the shoemakers' union. But it would be equally disastrous forthe shoemakers' union to ignore Shakespeare."

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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.

— Roger Babson