The handling of our forests as a continuous, renewable resource means permanent employment and stability to our country life. The forests are also needed for mitigating extreme climatic fluctuations, holding the soil on the slopes, retaining the moisture in the ground, and controlling the equable flow of water in our streams.

Your profits are going to be cut down to a reasonably low level by taxation. Your income will be subject to higher taxes. Indeed in these days, when every available dollar should go to the war effort, I do not think that any American citizen should have a net income in excess of $25,000 per year after payment of taxes.

The chief problem is, of course, whether the marching of the general spirit of things is heading consciously or sub- consciously toward an idea of extension of boundaries.

This great nation will endure as it has endured, will revive and will prosper. So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself.

In these days of difficulty, we Americans everywhere must and shall choose the path of social justice…, the path of faith, the path of hope, and the path of love toward our fellow man.

Prosperous farmers mean more employment, more prosperity for the workers and the business men of every industrial area in the whole country.

Buying and selling securities on the Stock Exchange do not start new industries. Big business never starts anything new. It merely absorbs, consolidates and profits at the expense of others.