True individual freedom cannot exist without economic security and independence. People who are hungry and out of a job are the stuff of which dictatorships are made.

Failure is not an American habit.

Where freedom of religion has been attacked, the attack has come from sources opposed to democracy. Where democracy has been overthrown, the spirit of free worship has disappeared. And where religion and democracy have vanished, good faith and reason in international affairs have given way to strident ambition and brute force.

I see one-third of a nation ill-housed, ill-clad, ill-nourished.

We know that equality of individual ability has never existed and never will, but we do insist that equality of opportunity still must be sought.

Freedom means the supremacy of human rights everywhere. Our support goes to those who struggle to gain those rights or keep them.

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.