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There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation.

Herbert Hoover

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Herbert Hoover
Age: 90 †
Born: 1874
Born: August 10
Died: 1964
Died: October 20
31St U.S. President
Businessperson
Engineer
Geologist
Mining Engineer
Politician
Statesperson
Writer
West Branch
Iowa
Herbert Clark Hoover
Herbert C. Hoover
President Hoover
H. C. Hoover
H. Hoover
Firsts
Thirds
First
Bills
Way
Meet
Nation
Repudiation
Second
Unpaid
Ways
Taxation
Nations
Inflation
Three
Third

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It [freedom] is a thing of the spirit. Men must be free to worship, to think, to hold opinions, to speak without fear. They must be free to challenge wrong and oppression with the surety of justice.
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Next to religion, baseball has had a greater impact on our American way of life than any other American institution.
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My country owes me nothing. It gave me, as it gives every boy and girl, a chance. It gave me schooling, independence of action, opportunity for service and honor.
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When the outcome of a meeting is to have another meeting, it has been a lousy meeting.
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Being a politician is a poor profession. Being a public servant is a noble one.
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While I can make no claim for having introduced the term rugged individualism, I should be proud to have invented it. It has been used by American leaders for over a half-century in eulogy of those God-fearing men and women of honesty whose stamina and character and fearless assertion of rights led them to make their own way in life.
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Even if security from the cradle to the grave could eliminate [all] the risks of life, it would [still] be a dead hand on the creative spirit of the American people.
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The more one observes, the more clearly does he see that it is in the soil of pure science that are found the origins of all our modern industry and commerce. In fact,our civilization is wholly built upon our scientific discoveries.
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Liberalism is a force truly of the spirit proceeding from the deep realization that economic freedom cannot be sacrificed if political freedom is to be preserved.
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The association of Mount Ararat and Noah, the staunch Christians who were massacred periodically by the Mohammedan Turks, and the Sunday School collections over fifty years for alleviating their miseries-all cumulate to impress the name Armenia on the front of the American mind.
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Sportsmanship, next to the Church, is the greatest teacher of morals.
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Doctors think a lot of patients are cured who have simply quit in disgust.
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The rigid volunteer rules of right and wrong in sports are second only to religious faith in moral training.
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American life is builded ... upon that fundamental philosophy announced by the Savior nineteen centuries ago ... [It] can not survive with the defense of Cain, Am I my brother's keeper?
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No public man can be just a little crooked. There is no such thing as a no-man's land between honesty and dishonesty.
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Lots of people committed crimes during the year who would not have done so if they had been fishing. The increase of crime is among those deprived of the regenerations that impregnate the mind and character of the fisherman.
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The gods do not deduct from man's allotted span the hours spent in fishing.
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The slogan of progress is changing from the full dinner pail to the full garage.
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Words without actions are the assassins of idealism.
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The durability of free speech and free press rests on the simple concept that it search for the truth and tell the truth.
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