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Government Quotes

“The whole financial structure of Wall Street seems to rise or fall on the mere fact that the Federal Reserve Bank raises or lowers the amount of interest. Any business that can't survive a one percent change must be skating on thin ice. Why even the poor farmer took a raise of another ten percent just to get a loan from the bank, and nobody from the government paid any attention. But you let Wall Street have a nightmare and the whole country has to help to get them back into bed again.”

“If we have system in which government is in a position to give large favor - it's human nature to try to get this favor - whether those people are large enterprises, or whether they're small businesses like farmers, or whether they're representatives of any other special group. The only way to prevent that is to force them to engage in competition one with the other.”

“Taxes are a barbaric remnant of ancient times in which early farmers, tied to the land, no longer able to roam freely, unable to fight back with awkward agricultural tools the way they once could with hunting implements, became victims, first, of itinerant plunderers, then of bandits settling down beside them to become the governments we know today.”

“Up and down the the still sparsely settled coast of British North America, groups of men-intellectuals and farmers, scholars and merchants, the learned and the ignorant-gathered for the purpose of constructing enlightened governments.”

“We supported the cooperative movement among farmers. The movement was still young and stubbornly opposed to the commercial distributors. I believed it to be one of the most helpful undertakings, for according to my social theories any organization run by citizens for their own welfare is preferable to the same action by the government.”

“As to the latter point - that by having a child in America you are somehow starving a child in Bangladesh - remember that agricultural economics is not a zero-sum game. Farmers want to make a living, so as demand increases, so does production. Not only that, but agricultural productivity has increased so rapidly that in some countries the government pays farmers not to plant crops in an effort to keep food prices from dropping.”