Preparation for defense is an inalienable prerogative of a sovereign state.

We can afford all that we need; but we can not afford all [that] we want.

It is highly unlikely that an airplane, or fleet of them, could ever sink a fleet of Navy vessels under battle conditions.

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.

It is time to extend planning to a wider field, in this instance comprehending in one great project many states directly concerned with the basin of one of our greatest rivers.

Confidence... thrives on honesty, on honor, on the sacredness of obligations, on faithful protection and on unselfish performance. Without them it cannot live.

Our handicaps exist only in our minds.