Respectfully Quoted: A Dictionary of Quotations. 1989.
Sir Winston Leonard Spencer Churchill (18741965)
The substance of the eminent Socialist gentlemans speech is that making a profit is a sin, but it is my belief that the real sin is taking a loss.
WINSTON CHURCHILL, remarks in the House of Commons responding to a Laborite speech on the evils of free enterprise.James C. Humes, Speakers Treasury of Anecdotes About the Famous, p. 45 (1978). Unverified.