Famous quotes containing the words phelps and/or taft:
“The literary artist will ... portray what he knows, and little else. Imagination is built upon knowledge, and his dreams will rest upon his facts. He is worth to the world just about what he has learned from it, and no more.”
—Elizabeth Stuart Phelps (18441911)
“People run away from the name subsidy. It is a subsidy. I am not afraid to call it so. It is paid for the purpose of giving a merchant marine to the whole country so that the trade of the whole country will be benefitted thereby, and the men running the ships will of course make a reasonable profit.... Unless we have a merchant marine, our navy if called upon for offensive or defensive work is going to be most defective.”
—William Howard Taft (18571930)