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“The people of the United States don't recognize it, but the oil industry has given the greatest gift to the people of the nation, and that gift is the low cost of energy. Bottom line is this enables the country to be very competitive manufacturing-wise and in the world economy.”

“As a rule, from what I've observed, the American Captain of Industry doesn't do anything out of business hours. When he has put the cat out and locked up the office for the night, he just relapses into a state of coma from which he emerges only to start being a Captain of Industry again.”

“Our rulers will best promote the improvement of the nation by strictly confining themselves to their own legitimate duties, by leaving capital to find its most lucrative course, commodities their fair price, industry and intelligence their natural reward, idleness and folly their natural punishment, by maintaining peace, by defending property, by diminishing the price of law, and by observing strict economy in every department of the state. Let the Government do this: the People will assuredly do the rest.”

“The foundation is being laid for the emergence of both wind and solar cells as cornerstones of the new energy economy. World wind generating capacity grew from 7,600 megawatts in 1997 to 9,600 in 1998, an expansion of 26 percent. At a national level, Germany led the way, adding 790 megawatts of capacity, followed by Spain with 380 megawatts, and the United States with 226 megawatts. In the past, U.S. wind generating capacity was concentrated in California, but in 1998, wind farms began generating electricity in Minnesota, Oregon, and Wyoming, broadening the new industry's geographical base.”

“To the second end, we hold that minimum wage commissions should be established in the Nation and in each State to inquire into wages paid in various industries and to determine the standard which the public ought to sanction as a minimum; and we believe that, as a present installment of what we hope for in the future, there should be at once established in the Nation and its several States minimum standards for the wages of women, taking the present Massachusetts law as a basis from which to start and on which to improve.”

“We are already well down the road toward a managed-trade regime. It would be far better to acknowledge that reality, and seek a set of reasonable rules, than to pretend that Ricardian trade is the norm and allow mercantilist states to overwhelm U.S. industry and ratchet down wages, in the name of free trade.”