We are deeply unified in our support of basic principles: our belief in stability in our financial structure, in our determination we must have fiscal responsibility, in our determination not to establish and operate a paternalistic sort of government where a man's initiative is almost taken away from him by force.

The principle on which this country was founded and by which it has always been governed is that Americanism is a matter of the mind and heart; Americanism is not, and never was, a matter of race or ancestry.

We know that equality of individual ability has never existed and never will, but we do insist that equality of opportunity still must be sought.

If a government is to be prudent its taxes must produce ample revenues without discouraging enterprise; and if it is to be just it must distribute the burden of taxes equitably.

To contract new debts is not the way to pay old ones.

No taxes can be devised which are not more or less inconvenient and unpleasant.