In plain words
Ānanda is the nectar of life," they said. That is, this beauty draws man. It gives Ānanda. What is this Ānanda? Nature, which God created, is our great beauty. It is lovely. Because there was such an emperor in this land of Kerala, the people of Kerala in those days enjoyed a plentiful Ānanda.
Three Avatāras were born in the land of Kerala. Paraśurāma too was in Kerala. It was in Kerala that He was born as Narasiṃha, to give the people Ānanda for a time and to make Bhakti and surrender grow. Vāmana too is an Avatāra. In Kerala, one small state, three Avatāras arose. Divinity must cling fast within every human heart. Today, with greed grown great in mere politics, wasting away the unity and the mutual trust within them, it has come to pass that many obstacles have arisen for the spiritual principle. Even so, holding fast to what they took up and vowing to achieve it, the people of Kerala have gone on celebrating this Onam festival from that day to this. There is another subtle meaning in this. When three paces were asked, he told Him to take them. With one step He occupied the whole lower part. The second occupied the whole upper part. For the third foot there is no place. For I am here. The place where I stand stays as my own share, but it cannot be taken. So Emperor Bali cannot give the ground within the bounds where he himself stands. Thinking it over well, he thought, "The one who asked is God, the giver is I: that God should be made to ask of me and that I should give, what good fortune!" Rising and bowing his head, "Swami! Place Your third step here, on my head," he said. That is, the inner meaning in this: in man there is, first, divinity. The second is Ahaṅkāra. So the Mokṣa of this Emperor Bali was the blessed event of rooting out Ahaṅkāra and being taken into the form of the Ātma. If I do not give, I am no one who has faith in God. My all is God alone. He is the embodiment of Satya, so Satya alone is my support. Swami too keeps saying the same: "Satya is My preaching. Dharma is My practice. Prema is My form. Śānti is My nature." In sum, whatever God does, Dharma alone is the reason. There is no selfishness in Him. Whatever He does, God's work is selfless. Because such a God acts with no desires of any kind, they called this the chief embodiment of Satya. Regarding this Satya as the very form of God, they told us to enter into the practice of Satya. All this time, in ruling my kingdom, I held that the people came first for me. I believed that service to man is service to Mādhava. All this time I forgot You.