I shall ask you to be as quiet as possible. I don’t know whether you fully understand that I have just been shot — but it takes more than that to kill a Bull Moose.
I believe in corporations. They are indispensable instruments of our modern civilization. But I believe they should be so regulated that they shall act for the interests of the community as a whole.
I wish to preach not the doctrine of ignoble ease but the doctrine of the strenuous life; the life of toil and effort; of labour and strife; to preach that highest form of success which comes not to the man who desires mere easy peace but to the man who does not shrink from danger, from hardship, or from bitter toil, and who out of these wins the splendid ultimate triumph. A life of ignoble ease, a life of that peace which springs merely from lack either of desire or of power to strive after great things, is as little worthy of a nation as of an individual.
The important thing is this: that, under such government recognition as we may give to that which is beneficent and wholesome in large business organizations, we shall be most vigilant never to allow them to crystallize into a condition which shall make private initiative difficult. It is of the utmost importance that in the future we shall keep the broad path of opportunity just as open and easy for our children as it was for our fathers during the period which has been the glory of America's industrial history.
I ask of each Mason, of each member, of each brother, that he shall remember ever that there is upon him a peculiar obligation to show himself in every respect a good citizen; for after all, the way he can best do his duty by the ancient order to which he belongs is by reflecting credit upon that order by way in which he performs his duty as a citizen of the United States.
I always believe in going hard at everything, whether it is Latin or mathematics, boxing or football, but at the same time I want to keep the sense of proportion. It is never worth while to absolutely exhaust one's self or to take big chances unless for an adequate object. I want you to keep in training the faculties which would make you, if the need arose, able to put your last ounce of pluck and strength into a contest. But I do not want you to squander these qualities.
Those who advocate total lack of regulation, those who advocate lawlessness in the business world, themselves give the strongest impulse to what I believe would be the deadening movement toward unadulterated state socialism.
The words of the Declaration of Independence, as given effect by Washington...are to be accepted as real, and not as empty phrases...that in very truth this is a government by the people themselves, that the Constitution is theirs, that the courts are theirs, that all the government agents and agencies are theirs... It is for the people themselves finally to decide all questions of public policy and to have their decision made effective...We here, in America, hold in our hands the hope of the world.
There is need of a sound body, and even more need of a sound mind. But above mind and above body stands character-the sum of those qualities which we mean when we speak of a man's force and courage, of his good faith and sense of honor.