Happiness lies not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort.

FDR 1933 Inauguration

Franklin Delano Roosevelt, First Presidential Inauguration, March 4, 1933

Happiness lies not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort. The joy, the moral stimulation of work no longer must be forgotten in the mad chase of evanescent profits. These dark days, my friends, will be worth all they cost us if they teach us that our true destiny is not to be ministered unto but to minister to ourselves, to our fellow men.

Recognition of that falsity of material wealth as the standard of success goes hand in hand with the abandonment of the false belief that public office and high political position are to be valued only by the standards of pride of place and personal profit; and there must be an end to a conduct in banking and in business which too often has given to a sacred trust the likeness of callous and selfish wrongdoing. Small wonder that confidence languishes, for it thrives only on honesty, on honor, on the sacredness of obligations, on faithful protection, and on unselfish performance; without them it cannot live.

Restoration calls, however, not for changes in ethics alone. This Nation is asking for action, and action now.

by Franklin Delano Roosevelt (January 30, 1882 – April 12, 1945)
from his First Inaugural Address
4 March 1933
image – FDR Inauguration crowd, Library of Congress

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