I hope they may pass some reasonable farm legislation, but I am afraid that the present bill will not meet what I held to be the requirements.

That seems to be due in large part to the attitude of those that are interested in the lumber companies.

I have talked with some of the leaders of the House relative to the flood control bill.

I don't know of any proposal that has been made, certainly since I have been President, and I doubt if any was ever made, of such an extortionate nature as that provided for in the bill passed by the Senate.

I don't think that in passing a bill of this kind the opportunity should be seized on to put the Government in a position where it would have to endow them with very large damages.

I don't think the Senate understood it, what its implications were, or what is behind it.

Without clear comprehension of the direction from which we have come, we can not chart the direction in which we should go.

We have built our institutions around the rights of the individual.

If the American Revolution had one note that was more dominant than another, it was the principle that the people were competent to run their own business and manage their own government.

In spite of every discouragement that has arisen, the general results have demonstrated that the correct theory was adopted.

When authority is located afar off, it is necessarily less well informed, less sympathetic, and less responsive to public requirements.

Such actions are always taken on the assumption that they are a public benefit.

We reach the conclusion that it is desirable to understand the principles and policies which have contributed to our success and attempt to continue to keep them in operation.

It was obvious that the farther away from them the power of government was located, and the less control they had over it, the more danger there was that it would be exercised arbitrarily and despotically.

It is impossible to comprehend the problems of the present without being informed concerning the problems of the past.

Measured by that standard, the results are exceedingly satisfactory.

No more enticing subject for discussion exists than the success with which our country has been blessed from the Revolutionary period down to the present hour.

We have every desire to see that great people, who are traditional friends, restored to their position among the nations of the earth.