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Owen D. Young

Owen D. Young Quotes

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Famous Owen D. Young Quotes

“We wake up to find the whole world building competitive trade barriers, just as we found it a few years ago building competitive armaments. We are trying to reduce armaments to preserve the world's solvency. We shall have to reduce competitive trade barriers to preserve the world's sanity. As between the two, trade barriers are more destructive than armaments and more threatening to the peace of the world.”

WorldTryingYearsTwoWholeFoundBuildingYears AgoWake UpTradeWhole WorldPreservesDestructiveBarriersSanityThreateningArmament
Author:Owen D. Young
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“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.”

IfsWorldMindHeartMayTodayMovingSpiritDiesTomorrowApproachConcernedProgramCrisisAffairTidesNew DayLive For TodayUnchangingTimes Of CrisisEach New Day
Author:Owen D. Young
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“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.”

IfsShouldTwoEndsDesireWiseJudgingBalanceTestsSpendingSavingThriftFrugality
Book:Selected Addresses of Owen D. Young, Chairman of Board of Directors, and Gerard Swope, President, General Electric Company
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“Government means politics, and interference by government carries with it always the implication of coercion. We may accept the expanding power of bureaucrats so long as we bask in their friendly smile. But it is a dangerous temptation. Today politics may be our friend and tomorrow we may be its victims.”

MayMeanLongGovernmentTodayAcceptingPowerDangerousDangerTomorrowVictimTemptationFriendlyCarrieExpandingImplicationsCoercionInterferenceBureaucrats
Author:Owen D. Young
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