In plain words
The Veda is the very embodiment of Satya. If the Veda itself is not there, where will Dharma come from? Satyaṃ nāsti paro dharmaḥ. Dharma rests on Satya. This Veda is eternal, true and pure.
The Ātma that is in all living beings and I are one: know this in your heart.
That is, the Ātma that is in all and I are one. That which is called "I" is itself the Ātma. We must recognise the truth that the Ātma and I, the two, are one. Only the Ātma, it alone, has the right to say "I, I". It is infinite. Such a Veda we use today with some narrow feeling or other. We must push this narrow feeling aside. We must grow broad feelings.
Within this broad world we must share this Veda, so full of Viveka. Every man must honour the Veda. That Veda is the very support of your life. All the karmas you do in your daily life have arisen from the Veda itself. Whether you know it or not, everything is full of the Veda. Nārāyaṇa Himself, who is full of the Veda, appears in the yajña. That is why Nārāyaṇa is the embodiment of yajña. Yajña means tyāga itself. What must one give up? We must give up bad qualities. We must give up Ahaṅkāra. We must give up evil thoughts. We must give up wicked ways. Only then will what is called Divinity appear to us.
Into an empty skull anything at all can be put; when the head is full of all sorts of things, can that skull be emptied? Unless that skull is emptied, can it be filled with good deeds here?
We have filled the heart with feelings of many kinds. Now, if we want to fill it with the feeling that is the essence of the Veda, there is no room. So we must drive these bad feelings away, empty the heart, and fill it with the Divinity that is the essence of this Veda. This is why they said that God incarnates for the punishing of the wicked and the protecting of the good. That does not mean killing the wicked. Wickedness means our own feelings. Our very thoughts: these we must kill. God, who knows no death, is Himself Dharma. That is why the excellence of the Veda is just this: to nourish good feelings, drive bad feelings away, and make the true principle of the jīva blossom as humanness.
When we walk the paths the Vedas and śāstras have laid down, when we practise them with the mind, taking them as our authority, man has no troubles at all. But the root cause of all these troubles is forgetting them. The earth has had its power of gravitation from that day on. But a man called Newton made many observations of it, made researches, and found that the earth has the power of gravitation; yet even before that, it was not that the earth lacked this power of gravitation.