taken care of in the right way and that, if it is part of the motive force of the world, it is moving in the right direction.

That means that eternal vigilance is the price, not only 5 of liberty, but of a great many other things. It is the price of everything that is good. It is the price of one's own soul. It is the price of the souls of the people you love; and when it comes down to the final reckoning you have a standard that is immutable. What shall a man give in 10 exchange for his own soul? Will he sell that? Will he consent to see another man sell his soul? Will he consent to see the conditions of his community such that men's souls are debauched and trodden underfoot in the mire? What shall he give in exchange for his own soul, or any 15/other man's soul? And since the world, the world of affairs, the world of society, is nothing less and nothing more than all of us put together, it is a great enterprise for the salvation of the soul in this world as well as in the next. There is a text in Scripture that has always interested me 20 profoundly. It says godliness is profitable in this life as well as in the life that is to come; and if you do not start it in this life, it will not reach the life that is to come. Your measurements, your directions, your whole momentum, have to be established before you reach the next world. This world is intended as the place in which we shall show that we know how to grow in the stature of manliness and of righteousness.

I have come here to bid Godspeed to the great work of the Young Men's Christian Association. I love to think 30 of the gathering force of such things as this in the generations to come. If a man had to measure the accomplishments of society, the progress of reform, the speed of the world's betterment, by the few little things that happened in his own life, by the trifling things that he can contribute

to accomplish, he would indeed feel that the cost was much greater than the result. But no man can look at the past of the history of this world without seeing a vision of the future of the history of this world; and when you think of the accumulated moral forces that have made one agc 5 better than another age in the progress of mankind, then you can open your eyes to the vision. You can see that age by age, though with a blind struggle in the dust of the road, though often mistaking the path and losing its way in the mire, mankind is yet-sometimes with bloody hands 10 and battered knees-nevertheless struggling step after step up the slow stages to the day when he shall live in the full light which shines upon the uplands, where all the light that illumines mankind shines direct from the face of God.

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ANNUAL ADDRESS TO CONGRESS

[Delivered at a joint session of the two Houses of Congress, December 8, 1914.]

GENTLEMEN OF THE CONGRESS:

The session upon which you are now entering will be the closing session of the Sixty-third Congress, a Congress, I venture to say, which will long be remembered for the 5 great body of thoughtful and constructive work which it has done, in loyal response to the thought and needs of the country. I should like in this address to review the notable record and try to make adequate assessment of it; but no doubt we stand too near the work that has been 10 done and are ourselves too much part of it to play the part of historians toward it.

Our program of legislation with regard to the regulation of business is now virtually complete. It has been put forth, as we intended, as a whole, and leaves no conjecture 15 as to what is to follow. The road at last lies clear and firm before business. It is a road which it can travel without fear or embarrassment. It is the road to ungrudged, unclouded success. In it every honest man, every man who believes that the public interest is part of his own interest, 20 may walk with perfect confidence.

Moreover, our thoughts are now more of the future than of the past. While we have worked at our tasks of peace the circumstances of the whole age have been altered by war. What we have done for our own land and our own 25 people we did with the best that was in us, whether of character or of intelligence, with sober enthusiasm and a confidence in the principles upon which we were acting

which sustained us at every step of the difficult undertaking; but it is done. It has passed from our hands. It is now an established part of the legislation of the country. Its usefulness, its effects will disclose themselves in experience. What chiefly strikes us now, as we look about us 5 during these closing days of a year which will be forever memorable in the history of the world, is that we face new tasks, have been facing them these six months, must face them in the months to come,-face them without partisan feeling, like men who have forgotten everything but a 10 common duty and the fact that we are representatives of a great people whose thought is not of us but of what America owes to herself and to all mankind in such circumstances as these upon which we look amazed and anxious. War has interrupted the means of trade not only but 15 also the processes of production. In Europe it is destroying men and resources wholesale and upon a scale unprecedented and appalling. There is reason to fear that the time is near, if it be not already at hand, when several of the countries of Europe will find it difficult to do for their 20 people what they have hitherto been always easily able to do, many essential and fundamental things. At any rate, they will need our help and our manifold services as they have never needed them before; and we should be ready, more fit and ready than we have ever been.

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It is of equal consequence that the nations whom Europe has usually supplied with innumerable articles of manufacture and commerce of which they are in constant need and without which their economic development halts and stands still can now get only a small part of what they 30 formerly imported and eagerly look to us to supply their all but empty markets. This is particularly true of our own neighbors, the States, great and small, of Central and South America. Their lines of trade have hitherto run

chiefly athwart the seas, not to our ports but to the ports of Great Britain and of the older continent of Europe. I do not stop to inquire why, or to make any comment on probable causes. What interests us just now is not the 5 explanation but the fact, and our duty and opportunity in the presence of it. Here are markets which we must supply, and we must find the means of action. The United States, this great people for whom we speak and act, should be ready, as never before, to serve itself and to 1 serve mankind; ready with its resources, its energies, its forces of production, and its means of distribution.

It is a very practical matter, a matter of ways and means. We have the resources, but are we fully ready to use them? And, if we can make ready what we have, have 15 we the means at hand to distribute it? We are not fully ready; neither have we the means of distribution. We are willing, but we are not fully able. We have the wish to serve and to serve greatly, generously; but we are not prepared as we should be. We are not ready to mobilize 20 our resources at once. We are not prepared to use them immediately and at their best, without delay and without waste.

To speak plainly, we have grossly erred in the way in which we have stunted and hindered the development of 25 our merchant marine. And now, when we need ships, we have not got them. We have year after year debated, without end or conclusion, the best policy to pursue with regard to the use of the ores and forests and water powers of our national domain in the rich States of the West, 30 when we should have acted; and they are still locked up. The key is still turned upon them, the door shut fast at which thousands of vigorous men, full of initiative, knock clamorously for admittance. The water power of our navigable streams outside the national domain also, even