2 November 1956

2 November 1956

The crippling of a man’s soul is far more damaging than any physical crippling, defect, or distinction.

Russel Porter summed up “free enterprise” in the N.Y. Times: “Americans do not believe in absolute power,” he said, “the American revolution was fought to gain freedom from absolute power, including its manifestations in economic restrictions on production and distribution and the whole internal history of this country has centered around the struggle of the people as a whole to prevent any group – government, business, or labor – from wielding too much power – consequently our economic system has remained as far from ‘absolute’ free enterprise as it has from ‘absolute’ government control.”

-from “the Case for the American System” by Emil Schram, Pres. N.Y. Stock Exchange in the 1949 Information Please Almanac, page 23.