Ocupation: 31st U.S. President
Life: August 10, 1874 - October 20, 1964
Birthday: August 10
Death: October 20
The party should stand for a constantly wider diffusion of property. That is the greatest social and economic security that can come to free men. It makes free men. We want a nation of proprietors, not a state of collectivists. That is attained by creating a national wealth and income, not by destroying it. The income and estate taxes create an orderly movement to diffuse swollen fortunes more effectively than all the quacks.
source: Herbert Hoover (1938). “Addresses upon the American road”
topic: Wisdom, Party, Men, Quacks, Economic Security, Estate Taxes, Diffusion