Great accumulations of wealth cannot be justified on the basis of personal and family security. In the last analysis such accumulations amount to the perpetuation of great and undesirable concentration of control in a relatively few individuals over the employment and welfare of many, many others.

It was natural and perhaps human that the privileged princes of these new economic dynasties, thirsting for power, reached out for control over government itself. They created a new despotism and wrapped it in the robes of legal sanction.

Private enterprise, indeed, became too private. It became privileged enterprise, not free enterprise.

I hold the maxim no less applicable to public than to private affairs, that honesty is always the best policy.

We need to exert ourselves that much more, and break out of the vicious cycle of dependence imposed on us by the financially powerful: those in command of immense market power and those who dare to fashion the world in their own image.

Good people keep on walking whatever happens. They do not speak vain words and are the same in good fortune and bad. If one desires neither children nor wealth nor power nor success by unfair means, know such a one to be good, wise and virtuous.