y
selfish interests.

I am confident that such an approach to the subject will result in
prudent and effective remedial legislation. In the meantime, so far as
the executive branch of the Government can intervene, none of the powers
with which it is invested will be withheld when their exercise is deemed
necessary to maintain our national credit or avert financial disaster.

Closely related to the exaggerated confidence in our country's greatness
which tends to a disregard of the rules of national safety, another
danger confronts us not less serious. I refer to the prevalence of
a popular disposition to expect from the operation of the Government
especial and direct individual advantages.

The verdict of our voters which condemned the injustice of maintaining
protection for protection's sake enjoins upon the people's servants the
duty of exposing and destroying the brood of kindred evils which are
the unwholesome progeny of paternalism. This is the bane of republican
institutions and the constant peril of our government by the people.
It degrades to the purposes of wily craft the plan of rule our
fathers established and bequeathed to us as an object of our love and
veneration. It perverts the patriotic sentiments of our countrymen and
tempts them to pitiful calculation of the sordid gain to be derived from
their Government's maintenance. It undermines the self-reliance of
our people and substitutes in its place dependence upon governmental
favoritism. It stifles the spirit of true Americanism and stupefies
every ennobling trait of American citizenship.

The lessons of paternalism ought to be unlearned and the better lesson
taught that while the people should patriotically and cheerfully support
their Government its functions do not include the support of the people.

The acceptance of this principle leads to a refusal of bounties and
subsidies, which burden the labor and thrift of a portion of our
citizens to aid ill-advised or languishing enterprises in which they
have no concern. It leads also to a challenge of wild and reckless
pension expenditure, which overleaps the bounds of grateful recognition
of patriotic service and prostitutes to vicious uses the people's prompt
and generous impulse to aid those disabled in their country's defense.

Every thoughtful American must realize the importance of checking at its
beginning any tendency in public or private station to regard frugality
and economy as virtues which