"Over one hundred years ago, Abraham Lincoln signed the Homestead Act There was a wide distribution of land and they didn't confiscate anyone's already owned land. They did not take from those who owned and give to others who did not own. We need an Industrial Homestead Act."
Ronald Reagan
Speech to the Young Americans for Freedom, July 1974
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"Tax policy alone may not be adequate if expanded ownership is ever to become a reality. It seems to me that we will have to do something on a monetary side as well and I am speaking here in terms of using the government powers through the Federal Reserve Bank and others to see to it that loans are made available on more reasonable terms that help workers acquire capital."
Senator Russell B. Long
(Longtime chairman of the Senate Finance Committee and political champion of the Employee Stock Ownership Plan) Keynote address at Harvard University, April 17,1982