Which is more important?

Over at the AFB Mike discusses the importance of virtue in a free society. Mike and I have discussed this topic many times privately. And of course he knows that I agree with the contents of his post. Mike concludes the entry with these thoughts:

Virtue is indeed indispensable for healthy families and a free Republic. But don't count on your children hearing that from anybody other than you, their parent (or Aunt, Uncle, or other relative). It's incumbent upon us to ensure that our children have a moral, as well as an intellectual foundation before they go out into the world. I would submit that a child with no moral foundation is at a greater risk than a child who cannot read, yet you'll never see a "program" designed to correct the former deficiency. (emphasis mine)

Indeed. Reading is important, but religion is indispensable, as Noah Webster said:

EDUCA'TION, n. [L. educatio.] The bringing up, as of a child, instruction; formation of manners. Education comprehends all that series of instruction and discipline which is intended to enlighten the understanding, correct the temper, and form the manners and habits of youth, and fit them for usefulness in their future stations. To give children a good education in manners, arts and science, is important; to give them a religious education is indispensable; and an immense responsibility rests on parents and guardians who neglect these duties.