The lessons of history, confirmed by the evidence immediately before me, show conclusively that continued dependence upon relief induces a spiritual and moral disintegration fundamentally destructive to the national fiber.

The economic concept of value does not occur in antiquity.

Public opinion is founded, to a great extent, on a property basis. What lessens the value of property is opposed, what enhances its value is favored.

The moral philosophy and spiritual conceptions of men and nations should hold their own amid these formidable scientific evolutions...No material progress, even though it takes shapes we cannot now conceive, or however it may expand the faculties of man, can bring comfort to his soul.

No country, however rich, can afford the waste of its human resources. Demoralization caused by vast unemployment is our greatest extravagance. Morally, it is the greatest menace to our social order.

The liberty of a democracy is not safe if its business system does not provide employment and produce and distribute goods in such a way as to sustain an acceptable standard of living.