America - a great social and economic experiment, noble in motive and far-reaching in purpose.

In the great mass of our people there are plenty individuals of intelligence from among whom leadership can be recruited.

Menaced by collectivist trends, we must seek revival of our strength in the spiritual foundations which are the bedrock of our republic. Democracy is the outgrowth of the religious conviction of the sacredness of every human life. On the religious side, its highest embodiment is the Bible; on the political side, the Constitution.

Never worry about anything that is past. Charge it up to experience and forget the trouble. There are always plenty of troubles ahead, so don't turn and look back on any behind you.

It is those moral and spiritual qualities which rise alone in free men, which will fulfill the meaning of the word American. And with them will come centuries of further greatness to our country.

I have on numerous occasions, as you know, expressed my sympathy in the establishment of a National Home for the Jews in Palestine and, despite the set-backs caused by the disorders there during the last few years, I have been heartened by the progress which has been made and by the remarkable accomplishments of the Jewish settlers in that country.

We are now speeding down the road of wasteful spending and debt, and unless we can escape we will be smashed in inflation.