The power of the journalist is great, but he is entitled neither to respect nor admiration because of that power unless it is used aright. - Theodore Roosevelt

I believe that material wealth is an exceedingly valuable servant, and a particularly abhorrent master, in our National life. I think one end of government should be to achieve prosperity; but it should follow this end chiefly to serve an even higher and more important end - that of promoting the character and welfare of the average man. In the long run, and inevitably, the actual control of the government will be determined by the chief end which the government subserves. If the end and aim of government action is merely to accumulate general material prosperity, treating such prosperity as an end in itself and not as a means, then it is inevitable that material wealth and the masters of that wealth will dominate and control the course of national action. If, on the other hand, the achievement of material wealth is treated, not as an end of government, but as a thing of great value, it is true—so valuable as to be indispensable—but of value only in connection with the achievement of other ends, then we are free to seek through our government, and through the supervision of our individual activities, the realization of a true democracy. Then we are free to seek not only the heaping up of material wealth, but a wise and generous distribution of such wealth so as to diminish grinding poverty, and, so far as may be, to equalize social and economic no less than political opportunity.

As regards the extraordinary prizes, the element of luck is the determining factor.

Hamilton, the most brilliant American statesman who ever lived, possessing the loftiest and keenest intellect of his time, was of course easily the foremost champion in the ranks of the New York Federalists; second to him came Jay, pure, strong and healthy in heart, body, and mind. Both of them watched with uneasy alarm the rapid drift toward anarchy; and both put forth all their efforts to stem the tide. They were of course too great men to fall in with the views of those whose antagonism to tyranny made them averse from order. They had little sympathy with the violent prejudices produced by the war. In particular they abhorred the vindictive laws directed against the persons and property of Tories; and they had the manliness to come forward as the defenders of the helpless and excessively unpopular Loyalists. They put a stop to the wrongs which were being inflicted on these men, and finally succeeded in having them restored to legal equality with other citizens, standing up with generous fearlessness against the clamor of the mob.