No country, however rich, can afford the waste of its human resources. Demoralization caused by vast unemployment is our greatest extravagance. Morally, it is the greatest menace to our social order.

Self-interest is the enemy of all true affection.

Let us not confuse objectives with methods. Too many so-called leaders of the nation fail to see the forest because of the trees. Too many of them fail to recognize the vital necessity of planning for definite objectives. True leadership calls for the setting forth of the objectives and the rallying of public opinion in support of these objectives.

The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson - and I am not wholly excepting the Administration of W. W. The country is going through a repetition of Jackson's fight with the Bank of the United States - only on a far bigger and broader basis.

We must remember that any oppression, any injustice, any hatred, is a wedge designed to attack our civilization.

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

The real safeguard of democracy is education.