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“If we're talking about buying exchanges abroad, we have to have global securities standards, as we have global banking regulations. I'm talking about margins. Now, the United States has certain margin requirements that are not the same in London. Investors and hedge funds that want to borrow more money against securities ? if they can't in the U.S., they go abroad. That could add additional risks to the global economy.”

“Should hostilities once break out between Japan and the United States, it is not enough that we take Guam and the Philippines, nor even Hawaii and San Francisco. To make victory certain, we would have to march into Washington and dictate the terms of peace in the White House. I wonder if our politicians, among whom armchair arguments about war are being glibly bandied about in the name of state politics, have confidence as to the final outcome and are prepared to make the necessary sacrifices.”

“If the United States haven't grown poets, on any scale of grandeur, it is certain that they import, print, and read more poetry than any equal number of people elsewhere -- probably more than the rest of the world combined. Poetry (like a grand personality) is a growth of many generations -- many rare combinations. To have great poets, there must be great audiences too.”

“Germany, which has lately united 80 million Germans, has submitted certain neighboring countries to her supremacy and gained military strength in many aspects, and thus has become, as clearly can be seen, a dangerous rival to principal imperialistic powers in Europe - England and France. That is why they declared war on Germany on a pretext of fulfilling the obligations given to Poland. It is now clearer than ever, how remote the real aims of the cabinets in these countries were from the interests of defending the now disintegrated Poland or Czechoslovakia.”

“Because the bill in reserving a certain parcel of land in the United States for the use of said Baptist Church comprises a principle and a precedent for the appropriation of funds of the United States for the use and support of religious societies, contrary to the article of the Constitution which declares that "Congress shall make no law respecting a religious establishment."”