“I think things that contribute to the destruction of our free-incentive system are wrong. A trend against that free-incentive system is wrong, and should only be temporarily engaged in, in the event that war or something of that kind requires it. Otherwise, it should be reduced.”
Quote by George M. Humphrey
Author
George M. Humphrey
George M. Humphrey, a former United States Secretary of the Treasury, was born on March 8, 1890, and passed away on January 20, 1970. He played a significant role in the development of American fiscal policy in the early 20th century, particularly in the areas of taxation and financial regulation. more