The Congress has understood that under modern conditions government has a continuing responsibility to meet continuing problems, and that Government cannot take a holiday of a year, a month, or even a day just because a few people are tired or frightened by the inescapable pace of this modern world in which we live.

We find our population suffering from old inequalities, little changed by vast sporadic remedies. In spite of our efforts and in spite of our talk, we have not weeded out the over privileged and we have not effectively lifted up the underprivileged. Both of these manifestations of injustice have retarded happiness. No wise man has any intention of destroying what is known as the profit motive; because by the profit motive we mean the right by work to earn a decent livelihood for ourselves and for our families. We have, however, a clear mandate from the people, that Americans must forswear that conception of the acquisition of wealth which, through excessive profits, creates undue private power over private affairs and, to our misfortune, over public affairs as well. In building toward this end we do not destroy ambition, nor do we seek to divide our wealth into equal shares on stated occasions. We continue to recognize the greater ability of some to earn more than others. But we do assert that the ambition of the individual to obtain for him and his a proper security, a reasonable leisure, and a decent living throughout life, is an ambition to be preferred to the appetite for great wealth and great power.

You sometimes find something good in the lunatic fringe. In fact, we have got as part of our social and economic government today a whole lot of things which in my boyhood were considered lunatic fringe, and yet they are now part of everyday life.

I am firmly of the belief that if we are to arrive at a stable peace it must involve the development of backward countries....I can't believe that we can fight a war against fascist slavery, and at the same time not work to free people all over the world from a backward colonial policy.

In the future days, which we seek to make secure, we look forward to a world founded upon four essential human freedoms. The first is freedom of speech and expression — everywhere in the world. The second is freedom of every person to worship God in his own way — everywhere in the world. The third is freedom from want — which, translated into world terms, means economic understandings which will secure to every nation a healthy peacetime life for its inhabitants — everywhere in the world. The fourth is freedom from fear — which, translated into world terms, means a world-wide reduction of armaments to such a point and in such a thorough fashion that no nation will be in a position to commit an act of physical aggression against any neighbor — anywhere in the world. That is no vision of a distant millennium. It is a definite basis for a kind of world attainable in our own time and generation. That kind of world is the very antithesis of the so-called new order of tyranny which the dictators seek to create with the crash of a bomb..

Those who have long enjoyed such privileges as we enjoy forget in time that men have died to win them.

To the hurt of those who came after him, Lincoln's plea was long denied. A generation passed before the new unity became accepted fact. In later years new needs arose, and with them new tasks, worldwide in their perplexities, their bitterness and their modes of strife. Here in our land we give thanks that, avoiding war, we seek our ends through the peaceful processes of popular government under the Constitution. It is another conflict, a conflict as fundamental as Lincoln's, fought not with glint of steel, but with appeals to reason and justice on a thousand fronts — seeking to save for our common country opportunity and security for citizens in a free society. We are near to winning this battle. In its winning and through the years may we live by the wisdom and the humanity of the heart of Abraham Lincoln.

Among democracies, I think through all the recorded history of the world, the building of permanent institutions like libraries and museums for the use of all the people flourishes. And that is especially true in our own land, because we believe that people ought to work out for themselves, and through their own study, the determination of their best interest rather than accept such so-called information as may be handed out to them by certain types of self-constituted leaders who decide what is best for them.

Social unrest and a deepening sense of unfairness are dangers to our national life which we must minimize by rigorous methods. People know that vast personal incomes come not only through the effort or ability or luck of those who receive them, but also because of the opportunities for advantage which Government itself contributes. Therefore, the duty rests upon the Government to restrict such incomes by very high taxes.

Once the tyranny of literalness is rejected, all relevant considerations for giving a rational content to the words become operative.