The Covenant of Service, expressing Exchange’s philosophy and ideals, was written in 1923 by Exchangite Thomas L. Bailey, National President of Exchange (1925-1927) and later served as Governor of Mississippi (1944-1946). It was officially adopted by the organization in 1927.
Accepting the divine privilege of single and collective responsibility as life’s noblest gift, I covenant with my fellow Exchangites:
To consecrate my best energies to the uplifting of Social, Religious, Political and Business ideals;
To discharge the debt I owe to those of high and low estate who have served and sacrificed that the heritage of American citizenship might be mine;
To honor and respect law, to serve my fellowmen and to uphold the ideals and institutions of my Country;
To implant the life-giving, society-building spirit of Service and Comradeship in my social and business relationships;
To serve in Unity with those seeking better conditions, better understandings, and greater opportunities for all.