From a political point of view, there is but one principle, the sovereignty of man over himself. This sovereignty of myself over myself is called Liberty
The very reason why we object to state ownership, that it puts a stop to individual initiative and to the healthy development of personal responsibility, is the reason why we object to an unsupervised, unchecked monopolistic control in private hands. We urge control and supervision by the nation as an antidote to the movement for state socialism. Those who advocate total lack of regulation, those who advocate lawlessness in the business world, themselves give the strongest impulse to what I believe would be the deadening movement toward unadulterated state socialism.
Through zeal, knowledge is gotten, through lack of zeal, knowledge is lost; let a man who knows this double path of gain and loss thus place himself that knowledge may grow.
We very much hope that as we get growth that we can reduce the burden of taxation, that we can reduce income tax and increase the amount of genuine free enterprise and business enterprise... This is going... toward the restoration of the personal responsibility, the independence, with every man a property owner, every man a capitalist.
To educate the wise man, the State exists; and with the appearance of the wise man, the State expires. The appearance of charactermakes the state unnecessary. The wise man is the State.
Remember that ofttimes the wisdom of God appears as foolishness to men, but the greatest single lesson we can learn in mortality is that when God speaks and a man obeys, that man will always be right.