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Respectfully Quoted: A Dictionary of Quotations. 1989.

AUTHOR: Sir Winston Leonard Spencer Churchill (1874–1965)
QUOTATION: The substance of the eminent Socialist gentleman’s speech is that making a profit is a sin, but it is my belief that the real sin is taking a loss.
ATTRIBUTION: WINSTON CHURCHILL, remarks in the House of Commons responding to a Laborite speech on the evils of free enterprise.—James C. Humes, Speaker’s Treasury of Anecdotes About the Famous, p. 45 (1978). Unverified.
SUBJECTS: Business