As a nation, we may take pride in the fact that we are softhearted; but we cannot afford to be soft-headed.

[D]rilling and arming, when carried on on a national scale, excite whole populations to frenzies which end in war.

We have always known that heedless self-interest was bad morals; we know now that it is bad economics. Out of the collapse of a prosperity whose builders boasted their practicality has come the conviction that in the long run economic morality pays.

Beware of that profound enemy of the free enterprise system who pays lip-service to free competition, but also labels every antitrust prosecution as a persecution.

As Americans, we go forward, in the service of our country, by the will of God.

Once I prophesied that this generation of Americans had a rendezvous with destiny. That prophecy now comes true. To us much is given; more is expected. This generation will nobly save or mainly lose the last best hope of earth. The way is plain, peaceful, generous just. A way, which if followed, the world will forever applaud, and God must forever bless.

Since becoming President, I have come to know that the finest of Americans we have abroad today are the missionaries of the cross. I am humiliated that I am not finding this out until this late day the worth of foreign missions and the nobility of the missionaries.