Too often in recent history liberal governments have been wrecked on rocks of loose fiscal policy.

We must recognize the fundamental rights of man. There can be no true national life in our democracy unless we give unqualified recognition to freedom of religious worship and freedom of education.

The whole world is one neighborhood.

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.

If in other lands the press and books and literature of all kinds are censored, we must redouble our efforts here to keep them free

But while they prate of economic laws, men and women are starving. We must lay hold of the fact that economic laws are not made by nature. They are made by human beings.

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.