I originated a remark many years ago that I think has been copied more than any little thing that Ive every said, and I used it in the FOLLIES of 1922. I said America has a unique record. We never lost a war and we never won a conference in our lives. I believe that we could without any degree of egotism, single-handed lick any nation in the world. But we cant confer with Costa Rica and come home with our shirts on.
It wasn't what we needed then that was hurting us, it was what we was paying for that we had already used up. The country was just buying gasoline for a leaky tank. Everything was going into a gopher hole and you couldent see where you was going to get any of it back.