There are but few naval powers, but there are many land powers.

Adequate defense has been the catchword of every militarist for centuries.

It is not to be expected that human nature will change in a day.

Public opinion shapes our destinies and guides the progress of human affairs.

It is by such means as the prize offered by your Committee that the attention of the world will be focused and that men and women will be inspired to greater efforts in the interest of peace.

I have often heard it said that the United States is isolated and is not interested in European affairs. I assure you that this is not the case.

Competition in armament, both land and naval, is not only a terrible burden upon the people, but I believe it to be one of the greatest menaces to the peace of the world.