This decision, as I assured you, reflects no lack of complete confidence in you, or dissatisfaction in any respect with your public service, or disagreement on monetary or debt-management policies, or with official actions taken by the Board under your chairmanship.
Letter to Marriner Eccles Asking Him To Remain With the Federal Reserve Board as Vice Chairman
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We venerate these documents not because they are old, not because they are valuable historical relics, but because they still have meaning for us.
The weapons of destruction have become so powerful and so terrible that we can't even think of another all-out war.
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