I cannot think of anything characteristically American that was not produced by toil. I cannot think of any American man or woman preeminent in the history of our nation who did not reach their place through toil. I cannot think of anything that represents the American people as a whole so adequately as honest work.

When people are bewildered they tend to become credulous.

Prosperity cannot be divorced from humanity.

It is only when people can feel that their lives and the property which their industry has produced today will continue to be safe...that there can be...stability of value and...economic progress.

Governments are necessarily continuing concerns. They have to keep going in good times and in bad. They therefore need a wide margin of safety. If taxes and debt are made all the people can bear when times are good, there will be certain disaster when times are bad.

When more and more people are thrown out of work, unemployment results.

Unless we lay our course in accordance with this principle, the great power for good in the world with which we have been intrusted by a Divine Providence will be turned to a power for evil.