The Core Of Our Defense Is The

Is The United States Going To Decide, Are The People Of This Country Going To Decide That Their Federal Government Shall In The Future Have No Right Under Any Implied Power Or Any Court-approved Power To Enter Into A Solution Of A National Economic Problem, But That That National Economic Problem Must Be Decided Only By The States?... We Thought We Were Solving It, And Now It Has Been Thrown Right Straight In Our Faces. We Have Been Relegated To The Horse-and-buggy Definition Of Interstate Commerce.

There Comes A Time In The Affairs Of Men When They Must Prepare To Defend Not Their Homes Alone But The Tenets Of Faith And Humanity On Which Their Churches, Their Governments And Their Very Foundations Are Set. The Defense Of Religion, Of Democracy And Of Good Faith Among Nations Is All The Same Fight. To Save One, We Must Now Make Up Our Minds To Save All.

This Law Represents A Cornerstone In A Structure Which Is Being Built But Is By No Means Completed--a Structure Intended To Lessen The Force Of Possible Future Depressions, To Act As A Protection To Future Administrations Of The Government Against The Necessity Of Going Deeply Into Debt To Furnish Relief To The Needy--a Law To Flatten Out The Peaks And Valleys Of Deflation And Of Inflation--in Other Words, A Law That Will Take Care Of Human Needs And At The Same Time Provide For The United States An Economic Structure Of Vastly Greater Soundness.

The Point In History At Which We Stand Is Full Of Promise And Danger. The World Will Either Move Forward Toward Unity And Widely Shared Prosperity - Or It Will Move Apart.

We Had To Struggle With The Old Enemies Of Peace - Business And Financial Monopoly, Speculation, Reckless Banking, Class Antagonism, Sectionalism, War Profiteering