Engineering without imagination sinks to a trade.

I can at once refute the statement that the people of the West object to conservation of oil resources. They know that there is a limit to oil supplies and that the time will come when they and the Nation will need this oil much more than it is needed now. There are no half measures in conservation of oil.

An ideal is an unselfish aspiration. Its purpose is the general welfare not only of this but of future generations. It is a thing of the spirit. It is a generous and humane desire that all men may share equally in a common good. Our ideals are the cement, which binds human society.

The Union has become not merely a physical union of states, but rather a spiritual union in common ideals of our people. Within it is room for every variety of opinion, every possible experiment in social progress. Out of such variety comes growth, but only if we preserve and maintain our spiritual solidarity.

Freedom requires that government keep the channels of competition and opportunity open, prevent monopolies, economic abuse and domination.

The fundamental business of the country, that is production and distribution of commodities, is on a sound and prosperous basis.

You will expect me to discuss the late election. Well, as nearly as I can learn, we did not have enough votes on our side.