Let me remind you that credit is the lifeblood of business, the lifeblood of prices and jobs.

We are in danger of developing a cult of the Common Man, which means a cult of mediocrity.

Engineering is a great profession. There is the satisfaction of watching a figment of the imagination emerge through the aid of science to a plan on paper. Then it moves to realization in stone or metal or energy. Then it brings homes to men or women. Then it elevates the standard of living and adds to the comforts of life. This is the engineer's high privilege.

I was not able to work up much enthusiasm over the ball game, and in the midst of it I was handed a note informing me of the sudden death of Senator Dwight morrow. He had proved a great pillar of strength in the senate and his death was a great loss to the country and to me. I left the ballpark with the chant of the crowd ringing in my ears, 'We Want Beer!'

I am convinced that ... we have reestablished confidence. Wages should remain stable. A very large degree of industrial unemployment and suffering which would otherwise have occurred has been prevented.

The basis of successful relief in national distress is to mobilize and organize the infinite number of agencies of self help in the community. That has been the American way.

The budget should be balanced not by more taxes, but by reduction of follies.