Limited Quotes - page 51
We have come to recognize that franchises should never be granted except for a limited time, and never without proper provision for compensation to the public. It is my personal belief that the same kind and degree of control and supervision which should be exercised over public-service corporations should be extended also to combinations which control necessaries of life, such as meat, oil, or coal, or which deal in them on an important scale. I have no doubt that the ordinary man who has control of them is much like ourselves. I have no doubt he would like to do well, but I want to have enough supervision to help him realize that desire to do well. I believe that the officers, and, especially, the directors, of corporations should be held personally responsible when any corporation breaks the law.
Theodore Roosevelt
Fifty years ago, science took for granted that the rate of acceleration could not last. The world forgets quickly, but even today the habit remains of founding statistics on the faith that consumption will continue nearly stationary. Two generations, with John Stuart Mill, talked of this stationary period, which was to follow the explosion of new power. All the men who were elderly in the forties died in this faith, and other men grew old nursing the same conviction, and happy in it; while science, for fifty years, permitted, or encouraged, society to think that force would prove to be limited in supply. This mental inertia of science lasted through the eighties before showing signs of breaking up; and nothing short of radium fairly wakened men to the fact, long since evident, that force was inexhaustible.
Henry Adams