There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation.

It is just as important that business keep out of government as that government keep out of business.

You convey too great a compliment when you say that I have earned the right to the presidential nomination. No man can establish such an obligation upon any part of the American people. My country owes me no debt. It gave me, as it gives every boy and girl, a chance. It gave me schooling, independence of action, opportunity for service and honor. In no other land could a boy from a country village, without inheritance or influential friends, look forward with unbounded hope. My whole life has taught me what America means. I am indebted to my country beyond any human power to repay.

[N]o country can squander itself to prosperity on the ruin of its taxpayers.

I believe not only that religious faith will be victorious, but that it is vital to humankind that it shall be. We may differ in form and particulars in our religious faith. Those are matters that are sacred to each of our inner sanctuaries. It is our privilege to decline to argue them. Their real demonstration is the lives that we live.

The priceless treasure of boyhood is his endless enthusiasm, his high store of idealism, his affections and his hopes. When we preserve these, we have made men. We have made citizens and we have made Americans.

Many years ago, I concluded that a few hair shirts were part of the mental wardrobe of every man. The president differs from other men in that he has a more extensive wardrobe.