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At home, as well as abroad, there is paralyzing uncertainty among business men as to whether the Reserve Board will allow that expansion of bank credit without which such prosperity as we have had in recent years simply cannot last. In short, the Board has created a state of mind which breeds business depression.

— William Trufant Foster

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More quotes by William Trufant Foster

The reference to the source of authority should be definite. Such vague phrases as the following, common though they are, are worthless as proof : —

The great superiority of debating, as the schools should look upon it, lies in the fact that it adds to many of the elements of the present absorbing interest in athletics those educational values which contribute directly to the highest type of citizenship.

Formal debate is a kind of game. In the time limit, the order of speakers, the alternation of sides, the give and take of rebuttal, the fixed rules of conduct, the ethics of the contest, the qualifications for success, and the final awarding of victory, debate has much in common with tennis.

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Quote text and notes from Wikiquote: William Trufant Foster (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.