1
In regard to foreign nations, the groundwork of my policy will be justice on our part to all, submitting to injustice from none.
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2
For the first time in our history the person elected to the Vice-Presidency of the United States, by the happening of a contingency provided for in the Constitution, has had devolved upon him the Presidential office.
3
The spectacle is exhibited to the world of a government deriving its powers from the consent of the governed and having imparted to it only so much power as is necessary for its successful operation.
4
Such increase is destined to keep pace with the growth of our population, until, without a figure of speech, an army of officeholders may be spread over the land.
5
In all public expenditures the most rigid economy should be resorted to, and, as one of its results, a public debt in time of peace be sedulously avoided.