"In a conflict which engaged all the major nations of the earth and lasted for a period exceeding four years, there could be no expectation of material gains. War in its very essence means destruction. Never before were contending peoples so well equipped with every kind of infernal engine calculated to spread desolation on land and over the face of the deep. Our country is only but now righting itself and beginning a moderate but steady recovery from the great economic loss which it sustained. That tremendous debt must be liquidated through the laborious toil of our people. Modern warfare becomes more and more to mean utter loss, destruction, and desolation of the best that there is of any people, its valiant youth and its accumulated treasure. If our country secured any benefit, if it met with any gain, it must have been in moral and spiritual values. It must be not because it made its fortune but because it found its soul. Others may disagree with me, but in spite of some incidental and trifling difficulties it is my firm opinion that America has come out of the war with a stronger determination to live by the rule of righteousness and pursue the course of truth and justice in both our domestic and foreign relations. No one can deny that we have protected the rights of our citizens, laid a firmer foundation for our institutions of liberty, and made our contribution to the cause of civilization and humanity. In doing all this we found that, though of many different nationalities, our people had a spiritual bond. They were all Americans."