Governments Can Err, Presidents Do Make Mistakes,

For Every Advance That The Japanese Have Made Since They Started Their Frenzied Career Of Conquest, They Have Had To Pay A Very Heavy Toll In Warships, In Transports, In Planes, And In Men. They Are Feeling The Effects Of Those Losses.

The Liberty Of A Democracy Is Not Safe If The People Tolerated The Growth Of Private Power To A Point Where It Becomes Stronger Than The Democratic State Itself. That In Its Essence Is Fascism: Ownership Of Government By An Individual, By A Group, Or Any Controlling Private Power.

Self-help And Self-control Are The Essence Of The American Tradition.

The Peoples Of Many Countries Are Being Taxed To The Point Of Poverty And Starvation In Order To Enable Governments To Engage In A Mad Race In Armament Which, If Permitted To Continue, May Well Result In War. This Grave Menace To The Peace Of The World Is Due In No Small Measure To The Uncontrolled Activities Of The Manufacturers And Merchants Of Engines Of Destruction, And It It Must Be Met By The Concerted Actions Of The Peoples Of All Nations.

The Lessons Of History, Confirmed By The Evidence Immediately Before Me, Show Conclusively That Continued Dependence Upon Relief Induces A Spiritual Disintegration Fundamentally Destructive To The National Fiber. To Dole Out Relief In This Way Is To Administer A Narcotic, A Subtle Destroyer Of The Human Spirit. It Is Inimical To The Dictates Of A Sound Policy. It Is In Violation Of The Traditions Of America.