"Everyone is proud of the University of North Carolina, and its
able faculty, but it is well known that within this faculty is a small
group of radicals who are in an insidious manner, eternally fighting
that which they frantically call 'capitalism.'"
-- David Clark,
Editor, Southern Textile Bulletin, 1930
Ashby, Frank Porter Graham: A Southern Liberal. Winston-Salem,
N.C.: John F. Blair, 1980, p. 78.