"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

 

Source: Warren Ashby, Frank Porter Graham: A Southern Liberal. Winston-Salem, N.C.: John F. Blair, 1980, p. 78.