It seems to me probable that of all our economic life the element on which we are inclined to place too low an estimate is advertising.

The property of the people belongs to the people. To take it from them by taxation cannot be justified except by urgent public necessity. Unless this principle be recognized our country is no longer secure, our people no longer free.

I love Vermont because of her hills and valleys, her scenery and invigorating climate, but most of all because of her indomitable people. They are a race of pioneers who have almost beggared themselves to serve others. If the spirit of liberty should vanish in other parts of the union and support of our institutions should languish, it could all be replenished from the generous store held by the people of this brave little state of Vermont.

A government which requires of the people the contribution of the bulk of their substance and rewards cannot be classed as a free government.

I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we save means that their life will be so much the more abundant. Economy is idealism in its most practical form.

It has not been my fortune to know very much of Freemasonry, but I have had the great fortune to know many Freemasons and have been able in that way to judge the tree by its fruit. I know of your high ideals. I have seen that you hold your meetings in the presence of the open Bible, and I know that men who observe that formality have high sentiments of citizenship, of worth, and character. That is the strength of our Commonwealth and nation.

We cannot do everything at once, but we can do something at once.