"An American credit card... is just as good in Europe as American gold used to be."

“The cities of that period were rather shabby affairs. If you had the taste to make them splendid, which I would not be so rude as to question, the general poverty resulting from your extraordinary industrial system would not have given you the means. Moreover, the excessive individualism which then prevailed was inconsistent with much public spirit. What little wealth you had seems almost wholly to have been lavished in private luxury. Nowadays, on the contrary, there is no destination of the surplus wealth so popular as the adornment of the city, which all enjoy in equal degree.”

“It was the genius of Edward Bellamy that he took Utopia out of the region of hazy dreamland and made it a concrete program for the actual modern world. A reviewer of Looking Backward wrote: "Men read the Republic or the Utopia with a sigh of regret. They read Bellamy with a thrill of hope." His picture of a better world, and the hope and expectation of its fulfillment, were transmitted through the years until those who looked to him as the source of their initial inspiration constituted an important part of the army of social progress.”

“What we did see was that industrially the country was in a very queer way. The relation between the workingman and the employer, between labor and capital, appeared in some unaccountable manner to have become dislocated. The working classes had quite suddenly and very generally become infected with a profound discontent with their condition, and an idea that it could be greatly bettered if they only knew how to go about it. On every side, with one accord, they preferred demands for higher pay, shorter hours, better dwellings, better educational advantages, and a share in the refinements and luxuries of life, demands which it was impossible to see the way to granting unless the world were to become a great deal richer than it then was.”

“Their system of unorganized and antagonistic industries was as absurd economically as it was morally abominable. Selfishness was their only science, and in industrial production selfishness is suicide. Competition, which is the instinct of selfishness, is another word for dissipation of energy, while combination is the secret of efficient production; and not till the idea of increasing the individual hoard gives place to the idea of increasing the common stock can industrial combination be realized, and the acquisition of wealth really begin. Even if the principle of share and share alike for all men were not the only humane and rational basis for a society, we should still enforce it as economically expedient, seeing that until the disintegrating influence of self-seeking is suppressed no true concert of industry is possible.'”

“We do without the lawyers, certainly... It would not seem reasonable to us, in a case where the only interest of the nation is to find out the truth, that persons should take part in the proceedings who had an acknowledged motive to color it. But who defends the accused? If he is a criminal he needs no defense, for he pleads guilty in most instances. The plea of the accused is not a mere formality with us, as with you. It is usually the end of the case.”

“Your system was liable to periodical convulsions...business crises at intervals of five to ten years, which wrecked the industries of the nation.”