I resolve for 1920 to sit down all by myself and take a personal stock-taking once a month. To be no more charitable in viewing my own faults than I am an viewing the faults of others. To face the facts candidly and courageously. To address myself carefully, prayerfully, to remedying defects.

The man who has won millions at the cost of his conscience is a failure.

The men who have done big things are those who were not afraid to attempt big things, who were not afraid to risk failure in order to gain success.

An idea, like a machine, must have power applied to it before it can accomplish anything.

Finally, there is more genuine joy in climbing the hill of success, even though sweat may be spent and toes may be stubbed, than in aimlessly sliding down the path to failure. If a straight, honorable path has been chosen, the gaining of the summit yields lasting satisfaction. The morass of failure, if through laziness, indifference or other avoidable fault, yields nothing but ignominy and sorrow for self and family and friends.

The real friend is he or she who can share all our sorrow and double our joys.

The person who renders loyal service in a humble capacity will be chosen for higher responsibilities, just as the biblical servant who multiplied the one pound given him by his master was made ruler over ten cities.