One Who Fears Failure Limits His Activities.

Competition Whose Motive Is Merely To Compete, To Drive Some Other Fellow Out, Never Carries Very Far.

Many Persons Think That By Hoarding Money They Are Gaining Safety For Themselves. If Money Is Your Only Hope For Independence, You Will Never Have It. The Only Real Security That A Man Can Have In This World Is A Reserve Of Knowledge, Experience, And Ability. Without These Qualities, Money Is Practically Useless. The Security Even Of Money Depends On Knowledge, Experience, And Ability. If Productive Ideas Are Displaced By Destructive Ideas, Economic Life Suffers.

Speculation Is Only A Word Covering The Making Of Money Out Of The Manipulation Of Prices, Instead Of Supplying Goods And Services.

Bankers Play Far Too Great A Part In The Conduct Of Industry.

Business Must Be Run At A Profit, Else It Will Die. But When Anyone Tries To Run A Business Solely For Profit, Then Also The Business Must Die, For It No Longer Has A Reason For Existence.