I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world - no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.
What is at the heart of all national problems? It is that we have seen the hand of material interest sometimes about to close upon our dearest rights and possessions.
Today, supremely, it behooves us to remember that a nation shall be saved by the power that sleeps in its own bosom; or by none; shall be renewed in hope, in confidence, in strength by waters welling up from its own sweet, perennial springs. Not from above; not by patronage of its aristocrats. The flower does not bear the root, but the root the flower.
Jefferson's Declaration of Independence is a practical document for the use of practical men. It is not a thesis for philosophers, but a whip for tyrants; it is not a theory of government but a program of action.
I am not one of those who have the least anxiety about the triumph of the principles I have stood for. I have seen fools resist Providence before, and I have seen their destruction, as will come upon these again, utter destruction and contempt. That we shall prevail is as sure as that God reigns.
The men who act stand nearer to the mass of man than the men who write; and it is in their hands that new thought gets its translation into the crude language of deeds.
The example of America must be the example not merely of peace because it will not fight, but of peace because peace is the healing and elevating influence of the world, and strife is not. There is such a thing as a man being too proud to fight. There is such a thing as a nation being so right that it does not need to convince others by force that it is right.