The first theory is that if we make the rich richer, somehow they will let a part of their prosperity trickle down to the rest of us. The second theory was the theory that if we make the average of mankind comfortable and secure, their prosperity will rise upward through the ranks.

A great man left a watchword that we can well repeat: "There is no indispensable man"

Taxes, after all, are dues that we pay for the privileges of membership in an organized society.

In vain they seek to hide behind the flag and the Constitution. In their blindness they forget what the flag and the Constitution stand for. Now, as always, they stand for democracy, not tyranny; for freedom, not subjection; and against a dictatorship by mob rule and the over-privileged alike.

The people of America are in agreement in defending their liberties at any cost, and the first line of that defense lies in the protection of economic security.

Finally, in our progress toward a resumption of work we require two safeguards against a return of the evils of the old order: there must be a strict supervision of all banking and credits and investments; there must be an end to speculation with other people's money, and there must be provision for an adequate but sound currency.

When peace has been broken anywhere, the peace of all countries is in danger.