In receiving from the people the sacred trust twice confided to my illustrious predecessor, and which he has discharged so faithfully and so well, I know that I can not expect to perform the arduous task with equal ability and success.

In a government whose distinguishing characteristic should be a diffusion and equalization of its benefits and burdens the advantage of individuals will be augmented at the expense of the community at large.

Between Russia and the United States sentiments of good will continue to be mutually cherished.

It is easier to do a job right than to explain why you didn't.

In time of peace there can, at all events, be no justification for the creation of a permanent debt by the Federal Government. Its limited range of constitutional duties may certainly under such circumstances be performed without such a resort.

I tread in the footsteps of illustrious men, whose superiors it is our happiness to believe are not found on the executive calendar of any country.

I shall tread in the footsteps of my illustrious predecessor.