Bernard Baruch Quotes


We must remember that the people do not belong to the government but that government belongs to the people.


Citations

Bernard Baruch, 1870-1965, Businessman & Chairman, War Industries Board, U. S. Delegate to U. N. Atomic Energy Commission, Speech, U. N. Atomic Energy Commission, June 14, 1946

Sourced by: Eigen's Political and Historical Quotations

Related Quotes

For many people the implication of this quotation is that there should be no government secrets withheld from the citizens who have the right to examine. Others argue that government may have temporary secrets to protect against foreign enemies for example, but that these must be declassified very promptly so that the citizens can examine the actions of their government in time to replace the government if they are not satisfied. Almost all government officials tend to reject the first implication out of hand, and grudgingly accept the second with their discretion controlling when declassification should take place. The problem of America is twofold. There is much over-classification (material kept secret that should not be at all), and the time till declassification is long in general and truly absurd in many cases. For example, there are documents from WWII that by 2013 had still not been declassified. See {591444}, {641317}, and {589105} for exemplar views. William Jennings Bryan introduced this principle into the American political dialogue. See {641027}.


The government relationship to people phrase, although probably Lincoln's most famous, was not totally original. John Adams came close in a 1774 proclamation. As did John Marshall in his McCulloch v. Maryland decision. Daniel Webster's Speech on Foot's Resolution was very close. as was Theodore Parker in 1850 {629578}. There was also Thomas Cooper in 1795. But the earliest appears to be John Wycliffe in 1382 {567292}. It is not known with which of these Lincoln was familiar.


This quotation had a close proximity to Lincoln’s Gettysburg Address (see linked quote). Although this was probably Lincoln's most famous line, it was not totally original. John Adams came close in a 1774 proclamation (see linked quote). As did John Marshall in his McCulloch v. Maryland decision (see linked quote). There was also Thomas Cooper in 1795 (see linked quote). But the earliest close phrase use appears to be the English cleric, John Wycliffe, in 1382 (see linked quote). It is not known with which of these Lincoln was familiar.


For that, the Church burned him at the stake. Note the phraseology and compare it to Gettysburg Address {458852}. It is not known whether Lincoln was aware of this quotation or others that used similar wording.


Bernard Baruch
Bernard Baruch
  • Born: August 19, 1870
  • Died: June 20, 1965
  • Nationality: American
  • Profession: Financier, Stock Investor, Statesman, Political Consultant

After amassing a fortune on the New York Stock Exchange, he impressed President Woodrow Wilson by managing the nation's economic mobilization in World War I as chairman of the War Industries Board. He advised Wilson during the Paris Peace Conference. He made another fortune in the postwar bull market, but foresaw the Wall Street crash and sold out well in advance. In World War II, he became a close advisor to President Roosevelt on the role of industry in war supply, and he was credited with greatly shortening the production time for tanks and aircraft. Later he helped to develop rehabilitation programs for injured servicemen. In 1946, he was the United States representative to the United Nations Atomic Energy Commission, though his Baruch Plan for international control of atomic energy was rejected by the Soviet Union.