There is no moral difference between gambling at cards or in lotteries or on the race track and gambling in the stock market. One method is just pernicious to the body politic as the other kind.
A really great people, proud and high spirited, would face all the disasters of war rather than purchase that base prosperity which is bought at the price of national honor.
Rarely has any people enjoyed greater prosperity than we are now enjoying. For this we render heartfelt and solemn thanks to the Giver of Good; and we seek to praise Him -not by words only -but by deeds, by the way in which we do our duty to ourselves and to our fellow men.
No man can lead a public career really worth leading, no man can act with rugged independence in serious crises, nor strike at great abuses, nor afford to make powerful and unscrupulous foes, if he is himself vulnerable in his private character.
The duties are even more important than the rights; and in the long run I think that the reward is ampler and greater for duty well done, than for the insistence upon individual rights.
The effort to make financial or political profit out of the destruction of character can only result in public calamity. Gross and reckless assaults on character, whether on the stump or in newspaper, magazine, or book, create a morbid and vicious public sentiment, and at the same time act as a profound deterrent to able men of normal sensitiveness and tend to prevent them from entering the public service at any price.
Every man owes a part of his time and money to the business or industry in which he is engaged. No man has the moral right to withhold his support from an organization that is striving to improve conditions within his sphere.
I am a strong individualist by personal habit, inheritance, and conviction; but it is a mere matter of common sense to recognize that the State, the community, the citizens acting together, can do a number of things better than if they were left to individual action.
The supreme duty of the Nation is the conservation of human resources through an enlightened measure of social and industrial justice. We pledge ourselves to work unceasingly in State and Nation for ... the protection of home life against the hazards of sickness, irregular employment and old age through the adoption of a system of social insurance adapted to American use.
If we seek merely swollen, slothful ease and ignoble peace, if we shrink from the hard contests where men must win at the hazard of their lives and at the risk of all they hold dear, then bolder and stronger peoples will pass us by, and will win for themselves the domination of the world.
The United States does not have a choice as to whether or not is will or will not play a great part in the world. Fate has made that choice for us. The only question is whether we will play the part well or badly.