In plain words
This is a fine and unfading example for us in history. So however much you may study, however high a position you may hold, first of all give respect to your parents. Out of love, parents may give you a great deal of freedom. Even if they give it, you must not overstep that freedom, but try to honour them. From their level they gave you that kind of freedom, but from your level you must honour them. Within these fifteen days, recognise the truth of how we must live, in what matter, at what time, on what occasion, in man's daily life, and give a fitting ideal in the life that lies ahead: with this hope, and blessing you, I bring My discourse to a close.