Quote

Speech in Chicago

August, 1963

|

Chicago, IL

The financial cost of organized crime is not limited to the vast illicit profits of gambling or narcotics. When racketeers bore their way into legitimate business, the cost is borne by the public. When the infiltration is into labor relations, the racketeers’ cut is paid by higher wages and higher prices—in other words, by the public. When the racketeer bribes local officials and secures immunity from police action, the price exacted by corrupt law enforcement, incalculable in dollars, is paid, again, by the public.