It is all the more necessary under a system of free government that the people should be enlightened, that they should be correctly informed, than it is under an absolute government that they should be ignorant. Under a republic the institutions of learning, while bound by the constitution and laws, are in no way subservient to the government.

Industry cannot flourish if labor languish.

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?

No advance, no progress can be made beyond these propositions. If anyone wishes to deny their truth or their soundness, the only direction in which he can proceed historically is not forward, but backward toward a time when there was no equality, no rights of the individual, no rule of the people. Those who wish to proceed in that direction cannot lay claim to progress. They are reactionary. Their ideas are not more modern, but more ancient than those of our Revolutionary ancestors.

Under our institutions the only way to perfect the Government is to perfect the individual citizen. It is necessary to reach the mind and soul of the individual. I know of no way that this can be done save through the influence of religion and education. By religion I do not mean fanaticism or bigotry; by education I do not mean the cant of the schools, but a broad and tolerant faith, loving thy neighbor as thyself, and a training and experience that enables the human mind to see into the heart of things.

Works which endure come from the soul of the people. The mighty in their pride walk alone to destruction. The humble walk hand in hand with providence to immortality. Their works survive.

I want taxes to be less, that the people may have more.