If You Have Made A

Nothing Did More To Spur The Boom In Stocks Than The Decision Made By The New York Federal Reserve Bank, In The Spring Of 1927, To Cut The Rediscount Rate. Benjamin Strong, Governor Of The Bank, Was Chief Advocate Of This Unwise Measure, Which Was Taken Largely At The Behest Of Montagu Norman Of The Bank Of England....at The Time Of The Banks Action I Warned Of Its Consequences....i Felt That Sooner Or Later The Market Had To Break.

The Essence Of Any Plan For Financing Old Age Is Saving-to Put Aside Some Part Of Today's Earnings For The Future. Anything That Saps The Value Of Savings-and Inflation Is The Worst Single Threat-is The Enemy Of The Aged And Of Those Who Expect To Grow Old.

The Art Of Living Lies Less In Eliminating Our Troubles Than In Growing With Them.

One Of The Secrets Of A Long And Fruitful Life Is To Forgive Everybody Everything Everynight Before You Go To Bed.

I Never Lost Money By Turning A Profit.