The conditions which have told for our marvelous material well-being, which have developed to a very high degree our energy, self-reliance, and individual initiative, have also brought the care and anxiety inseparable from the accumulation of great wealth in industrial centres.
Roosevelt acknowledges the dual nature of industrial growth, bringing both prosperity and anxiety.
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Like all other good citizens, I accept the result with entire good humor and contentment.
The American people by a great plurality have conferred upon you the highest honor in their gift.
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