If I were asked to name the greatest tragedy that has followed in the wake of the depression, I would say that it has been the destructive effect upo… - Floyd B. Olson

We are assembled during the most crucial period in the history of our State and of our Nation. An army of unemployed, some 200,000 homeless and wandering boys, thousands of abandoned farms, an ever-increasing number of mortgage foreclosures, and thousands of people in want and poverty are evidences not only of an economic depression but of the failure of government and of our social system to function in the interest of the common happiness of the people.

Now I am frank to say that I am not a liberal. I enjoy working on a common basis with liberals for their platforms, but I am not a liberal. I am what I want to be—I am a radical. I am a radical in the sense that I want a definite change in the system. I am not satisfied with tinkering, I am not satisfied with patching, I am not satisfied with hanging a laurel wreath upon burglars and thieves and pirates and calling them code authorities or something else. I am not satisfied with that. I want, however, an orderly, a sane, and a constructive change. I don't want any visionary things any more than the hardest Tory or Conservative wants them. But I know the transition can take place and that, of course, it must be gradual. It can't come overnight, but I want to do all I can to set it in motion and keep it going steady, not in jerks, or jumps, or in spurts, but going steadily ahead ....

Should not the government own all those industries which have to do with the obtaining of raw materials and transforming them into necessary products [...] mines, packing plants, grain elevators, oil fields, and iron mines? [...] I am speaking of these things as merely touching upon the ideals of this movement, of an ultimate cooperative commonwealth....