The Negro people of America... have cut our forests, tilled our fields, built our railroads, fought our battles, and in all of their trials they have manifested a simple faith, a grateful heart, a cheerful spirit, and an undivided loyalty .
“A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output.”