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Chester A. Arthur

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Experience has shown that the trade of the East is the key to national wealth and influence.
--
Veto message of Chinese Exclusion Act (1882).

 
Chester A. Arthur

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We hear those in the national Congress running around and saying, 'Free trade, free trade, I am for free trade,' when they know free trade is like dry water. There is no such thing.

 
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You have power, rank, command, influence; we have wealth, the source both of our strength and weakness; the value of these toys, ten times multiplied, would not influence half so much as your slightest wish.

 
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Today there is a new class hostile to business in general, and especially to large corporations. As a group, you find them mainly in the very large and growing public sector and in the media. They share a disinterest in personal wealth, a dislike for the free-market economy, and a conviction that society may best be improved through greater governmental participation in the country's economic life. They are the media. They are the educational system. Their dislike for the free-market economy originates in their inability to exercise much influence over it so as to produce change. In its place they would prefer a system in which there is a very large political component. This is because the new class has a great deal of influence in politics. Thus, through politics, they can exercise a direct and immediate influence on the shape of our society and the direction of national affairs.

 
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