July 5

The primary consideration is the spirit that has to permeate our economic life and this will gradually crystallise itself into definite institutions and principles that would help to bring about the ideal condition foretold by Bahá'u'lláh. 
- Shoghi Effendi  (From a letter dated 20 December 1931 written on behalf of Shoghi Effendi to a National Spiritual Assembly; The Compilation of Compilations, Vol. III, Social and Economic Development)