I Was In Charge Of Price Controls

Even In Such A Time Of Madness As The Late Twenties, A Great Many Man In Wall Street Remained Quite Sane. But They Also Remained Very Quiet. The Sense Of Responsibility In The Financial Community For The Community As A Whole Is Not Small. It Is Nearly Nil. Perhaps This Is Inherent. In A Community Where The Primary Concern Is Making Money, One Of The Necessary Rules Is To Live And Let Live. To Speak Out Against Madness May Be To Ruin Those Who Have Succumbed To It. So The Wise In Wall Street Are Nearly Always Silent. The Foolish Thus Have The Field To Themselves. None Rebukes Them.

When People Put Their Ballots In The Boxes, They Are, By That Act, Inoculated Against The Feeling That The Government Is Not Theirs. They Then Accept, In Some Measure, That Its Errors Are Their Errors, Its Aberrations Their Aberrations, That Any Revolt Will Be Against Them. It's A Remarkably Shrewd And Rather Conservative Arrangement When One Thinks Of It.

A Wrong Decision Isn't Forever; It Can Always Be Reversed. The Losses From A Delayed Decision Are Forever; They Can Never Be Retrieved.

There Are Few Ironclad Rules Of Diplomacy But To One There Is No Exception. When An Official Reports That Talks Were Useful, It Can Safely Be Concluded That Nothing Was Accomplished.

Truth Has Anciently Been Called The First Casualty Of War. Money May, In Fact, Have Priority.