Inflation Is Repudiation.

All Growth Depends Upon Activity. There Is No Development Physically Or Intellectually Without Effort, And Effort Means Work.

It Is Only When People Can Feel That Their Lives And The Property Which Their Industry Has Produced Today Will Continue To Be Safe...that There Can Be...stability Of Value And...economic Progress.

Governments Do Not Make Ideals, But Ideals Make Governments. This Is Both Historically And Logically True. Of Course The Government Can Help To Sustain Ideals And Can Create Institutions Through Which They Can Be The Better Observed, But Their Source By Their Very Nature Is In The People. The People Have To Bear Their Own Responsibilities. There Is No Method By Which That Burden Can Be Shifted To The Government. It Is Not The Enactment, But The Observance Of Laws, That Creates The Character Of A Nation.

The Government Of The United States Is A Device For Maintaining In Perpetuity The Rights Of The People, With The Ultimate Extinction Of All Privileged Classes.

There Has Been Abroad Many Times Some Criticism Of Our Government, Of Our People, And Our Ways, But That Has Demonstrated, I Think, That When They Are In Real Trouble And Real Difficulty Over There, They Turn To Us As A Nation That Will Be Fair With Them--one In Whose Judgment And In Whose Character They Can Rely; And That Not Withstanding Differences That Have Seemed To Exist, They Are Willing To Abide By The Faith That They Have In Us, And I Think That Is A Very Substantial Accomplishment.