The words of the President have an enormous weight and ought not to be used indiscriminately.

Whenever I indulge my sense of humor, it gets me into trouble.

Life is one darn thing after another.

In other periods of depression, it has always been possible to see some things which were solid and upon which you could base hope, but as I look about, I now see nothing to give ground to hope-nothing of man.

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.

The budget idea, I may admit, is a sort of obsession with me. I believe in budgets. I want other people to believe in them. I have had a small one to run my own home; and besides that, I am the head of the organization that makes the greatest of all budgets, that of the United States Government. Do you wonder, then, that at times I dream of balance sheets and sinking funds?

Wherever despotism abounds, the sources of public information are the first to be brought under its control.