Wow! If I'd have known that I would have put that patch on thirty-five years earlier. Ladies and gentlemen, I'm no stranger to this podium. I've come up here and picked up these beautiful golden men before, but always for friends. One night I picked up two: one for Admiral John Ford, one for our beloved Gary Cooper. I was very clever and witty that night, the envy of even Bob Hope, but tonight I don't feel very clever or very witty. I feel very grateful, very humble, and all thanks to many, many people. I want to thank the members of the Academy. To all you people who are watching on television, thank you for taking such a warm interest in our glorious industry. Good night.

The picture business has grown up since I got into it 15 years ago, has acquired a dignity that is beyond reproach. Hollywood is, today, a quiet town compared to other places I have been and can, moreover, be pretty proud of itself, having pushed more charities, given more time to selling war bonds and more talent to entertaining servicemen than any other town in any other part of the country.