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REMARKS VICE PRESIDENT HUBERT HUMPHREY )1-1,.. - NATIONAL ASSOCIATION OF INSURANCE AGENTsZP Jb!!!! NEW YORK CITY SEPTEMBER ~ 21, 19~6 --, 11~ I am with you today in three capacities: As an official of your government; as one of your customers; and as a fellow small-business man. As a government official, I should like to commend you for the stress you put upon civic activity in your home communities. Local government that is alert, effective, and constantly on its toes -- and people who keep it that way -are essential to our national strength and vitality. As you know, President Johnson is committed to the principle and practice of creative federalism -- a working partnership between all levels of government, as well as -2The federal government, under the President's concept, does not move in and shoulder aside local governments. Instead, it offers them stimulation and support -- but looks to them to initiate and carry through the programs needed to meet their own problems. The ball is in their hands --and we look to active citizens such as yourselves to help them carry it forward. A_ Speaking as one of your customers, I commend you for the high professiona I standards and independent judgment you have brought to helping Americans protect themselves against many of the risks of property loss. As you know, one important risk to property not now covered by i nsu ranee is that of floods. I know that you have taken a keen interest in the recent report of the Department of Housing and Urban Development, which finds that such insurance is feasible and can promote the public interest. The President has asked that this report be reviewed both by Congress and by interested groups such as yours. -3Secretary Weaver has stated that his Department stands ready -- in cooperation with other federal agencies, the states, and private i nsu ranee interests -- to develop, over the next few months, proposals for action, including appropriate legislation. I know that we count on your help and your knowledge and practical experience in preparing these proposals. I am speaking to you also as one small, independent business man to others. As you know, I was a pharmacist before I strayed into education and politics. And I sti II retain an interest in the Humphrey family drugstore in SouthDakota. In this world of corporate giants, it is good that ·- small business continues to flourish -- and, as a Senator and Vic~President, ~-- .. I have done my best to keep it flourishing. --~ Small business contributes an essential and irreplaceable element of personal commitment and individual initiative to our economy. -4And what is big business, in many cases, but small business which has grown and succeeded? As fellow-businessmen, I think we would agree that business is good. Since early 1961 -- the low point of the fourth recession si nee the war, the third in eight years -- our economy has been on the way up. As I speak to you today, it is in its 67th month of continuous expansion. For the past two and a half years our annual growth rate has been 5. 6 per cent. And our prosperity has been widely shared -- by small business as well as large and by the worker, the farmer, and the professional man. Meanwhile, the deficit in our national budget, which reached a historic peak of over 12 bi Ilion dollars in 1959, has actually been cut to a little over 2 bi Ilion dollars. During all this unparalleled economic expansion -- -5and I want to stress this point -- our record of price stability has been unmatched by any other industrial country in the free world. All of us, as Americans, can take justified pride in these accomplishments. Sound and well-timed government economic policy, developed in close partnership with the , Congress, have made a major contribution. But we should recognize that the important contribution has been made by the creative energies of the private sector. I believe there is growing public confidence in the capacity and willingness of the government to take the actions needed to help keep the economy strong and stable. As a resu It, rnost of us no longer regard recurring booms and busts as inevitable, as many of us once did. As confidence has grown, so has private responsibility and restraint. -61n a free enterprise economy such as ours, these attitudes of economy maturity are powerfu I forces for economic health. Early this year, it became clear that the demands of the Vietnam war, added to our past economic expansion, required some restraining action. To slam on the brakes would have been simple -- but it might very well have put us through the windshield. And we have proceeded accordingly. At the beginning of this year, the President and the Congress took action to reduce inflationary pressure by taking something like 10 billion dollars in purchasing power out of the economy. This was done through restored excise taxes, graduated withholding of individual taxes, and a variety of other measures. In addition, the President clamped severe restraints on all federal expenditures except those of the highest priority, -7and postponed capital outlays wherever possible. Now the time has come to deal directly with one of the major factors pushing up prices -the surge in business spending for plant and equipment. We fully realize the importance of maintaining such investment at a level high enough to assure steadily rising production and job opportunities in the years ahead. But, in present circumstances, the current and prospective level of business investment is simply too high. Moreover the increasing volume of spending for 1 ~s~s i nvestm,ent has been a main cause of mounting rates. interest ,.. _. It has also diverted financial resources from other important areas of economic activity -- particularly state and local governments, potential home-owners, and sma II business. To meet these problems, the President has proposed prudent and precautionary measures against inflation additional -8to those taken some months ago: - Strong measures to reduce by an estimated 3 bi Ilion dollars that portion of federal expenditures under direct Presidential control. - A temporary suspension, unti I January 1, 1968, of the 7 per cent tax credit on investment in plant and equipment and of the accelerated depreciation provisions for commercial and industrial construction. - A rigid curtailment of federal agency borrowing for the remainder of this year. Other programs already under way to ease the plight of groups hit hard by the credit shortages include: - Legislation just signed by the President to permit an additional 4. 7 bi Ilion dollars in Federal National Mortgage Association {"Fannie May'' funds for home mortgages. -9- Legislation moving through the Congress which wi II give federal agencies authority to keep the interest rates paid by financial institutions at reasonable levels. The measures proposed by the President wi II benefit all Americans -- but most directly those who have been elbowed aside in the scramble for credit, because of shortages of funds and rising interest rates. Small business, home buyers, states and municipalities, college students, and consumers generally wi II have greater access to credit. I have heard complaints in some quarters that the President•s program is 11anti -business. " This is simply not true. No one is proposing any additional burden on business investment. All that is being asked is that business temporarily forego certain special tax benefits -- benefits, I might add, which have been in effect only si nee 1962. -10What we are asking -- and asking only for the limited period of 16 months -- is that investment be slowed to help meet the threat of inflation. Finally, let me emphasize how important it is, during this period of economic strain, for all sectors of the economy to act responsibly, with the public interest constantly in mind. The President has asked banks to handle loans equitably and without excessive profits. He has asked business to restrain its use of credit, to keep inventories at reasonable levels, to postpone investments where possible, to set prices on the basis of real costs, and to limit profits to those appropriate in an expanding economy. And he has asked labor to avoid wage demands that would raise the average level of costs and prices, to permit the necessary number of new entrants into its trades, and to cooperate with business in raising productivity. -111f some of us act on the principle: "Each for himself and the devi I take the hindmost, " all of us in the end would suffer -- either through a runaway inflation or a disastrous depression. But if we act as responsible citizens of this complex and interdependent economy, we can keep it functioning to the great and growing benefit of all of us -- including your clients and yourselves. I have enough confidence in the common sense and maturity of Americans to believe that they wi II exercise restraint and act in the common interest, so that America wi II continue to grow and prosper without repeating the economic mistakes of the past. 2. B1llT ... Jt4aator PxUideDt of la'tiosal. Asaociatton or 3,.. h a:m. Jfdbart L Htnpb_re~ - ~ Vie\\ Preclc1an~ ot t1:ut ad ~c-2~/'~' \ I Aaeutt B ;tea rrapt1 ife and COnoor( ~ Gi e ) -· tbe!r e :tbem to partic1 te in tm twill e tQwna am c1 ties a i.Dgenulty' and emrs,y to ~ t.llemse.lves 1 their ta.mil!e-c, As ir 'trwnnec ~ir 'buttng the r1 s to Ute, t ~ men. na:tion, and for am brotber~, d1atri-. :tb1 and property over tbe i'uU span of over the hole iSkt :ve the tn pro peroW:l Mu:re far Oll ot 1te aa.tqre oocio.l ia 1D8 )'ears, Qf' tbitJ great aetlOtb eoD~unit.y ~ to Visdca to develop eve· r!nX'e n , pe~t so social l.s. aDen o tJl1s 1ll.tuotr;y creati men )E;y ~ p_""''Vide t1:re opportunities to bectD ttdspe:ralent 'business men tor all GefllOe. :ts of so cl11"f1cul.t create tbe teclmiques ot ~ t1on. Hq OUl" to aemu.oe Ott bUil.d!rJg$ s:~Mm tU"eU coverage ieh is so ssent1al ir reuovation# reprd:r, and econcaie lite. to And grant us all 11 t you. give ana: maturit)t u.t si s ot &eienco# :t U. nd of th18 dq, w11en all tbe euer- and buslllesa, streeta aDd a~ at tow:b capable of l'<!r!eivillg tbe or asG\IIWlg tbe retJpODS1b1UtJ you entrust. Lord, o t - iuf'illite .Aaeoeiat1o or ours is -popul.ation aQnYerge: in tbe Hew 5:00 o 'clack, give us a GeDse ot l:ll.1mclr aa.4 ,a tie Ladies and eezat.l.emetU to ill pro~ • Amen • .. ()... ThiS 7oth Awlucl CoDwnt:lon ot this Great ~ hollored tbl ~· e our speGker with us to tak time trc:m bitt vi proUd to etUl h:fJD n b'iend.. ct tbat love JU$t1 1 · 4re delighted bUG)" sehedule to be llu.t t•m even prouder of' the a tr1 nd ot all men vbo love U'bertyJ of all ; and, ot oll men who desire peace with~- n who Yitb a art; full of pleaau:re and pride 1 I pres nt to you the Vice President o2 tbe lllited State • !bank J'()U, ~ 10\1 WIT you.. tlli Great ~ BtJ.q zatt bb; 10Ul' d1at1Jl8U1sbed • 1Uoc:b1 the Plest<leut Elect; aJil ~ atms, thaDk ,w fol' aBk11l6 trsr sood lwllor- •t ':00. I isb that JW'4 blcl'Qded tn tbat little~ alertuess at 9:35 ar 9:20 ... (~.) I love to - '.l!lere 1a an hour for e ~ - (tausbter •) - and .... poss!bl;r tb:t.e ~ •u be ::~pared some 10\l ot ·tl:!e v1v of aDd ttll t you oato 7CQ" P:rosrem• I've beell lodc.illS mer tbts f'Ue1 tt tiDB, aDd x•~ notea, m; aeu of tbe Viee PJ:Ies:tdent 10\l ill · t'be V!~ Pl'ea1dent1 I em progra tor~ 70th tzo.iew, that tollowtDa y, a pwel - ~as tbat •e vbe:re- 7011 di&se-ct tn1l!le ......_ (~\lShter.) ..... pe f01"JD a little econatd.c and polltical SW!'Se17 upcm the eareaa tbeQ u ve a d!&~elae ~-~~one Of \rho 1 the ll3nn 1&1 aDd oae at Amen-tea ta Mertea•s outatexwU:ug ~ts, ot tbe llbite 1buee COftreSJO.tldents, to talk to 0\l, eor:res u on t1¥:t title I d14n 't tbinlt ve •c1 have cks ~ 1 ~' r1Jaan s.ltb1 ao1as to lJe ire at tli8 WAite li)t.we ".. wen, xpose us 1ibat eoon 1n tbe public way-- (Ia - ter.) but I've ....... l tld.lit ~ l oustrt to give 1011 • little talJt about •ups taU"$ at 'tibe White lbu.se •.. t SQe& (lB.WZil'ter. ) -•tws. I could stve ,a-u te lbuse where I tbe stre&t f'.rom ... M ot observatiOn s~ l'I.IOl'e Jeettve tl'Jrm _ that I think I'm ouaht to 'W(t ~t ~~ t !Jave l:leen Lt acl'OU a Uttle a remal'ks ndgbt w ver, I 4G bope to remain in ~ defend o Vitb JQU, aDd pp:; to o t be sa:s ..... Vice President tor a ~. , soe and he tbaQ X do aQ4 posa~ enousb 'fork t ve JJJS otfiee. rirl2an 1o over tllere almoGt 1101"8 1'.laau l Clitf'e!at poiot be Uttle UISiabt ot I on tZae pod5. Soutb DQkot.a Dale tea;. X tbOu.&ht f'ram a c~ <:Ontnbut1o -- (l4ugbter.) .... lmt 1t J t 1 ve17 :nice ~ greeti~ tllat ~ tiOutb D!ilkots. conveatlon or JOU wb3 thie meaa so liNCh to in South ~ ~ beUo to I tiWik I -. I vas bart\ aa4 JlV father., Jll(')tlaer wre in business in South ill fact, the ~ Drug Sto:re 1s atUl operati.Qg h1 , U' you ever eo tluouah ~uron, Jlakota, in South Delltota ...... South Dakota, stop 1n1 ... it's in esta'bllGliDe.nt, e:ad I ;ve remembered my cxxaer~1al, fUld (ta\J(ib r.) ~date and s!ven - r. 1 ct tbat S!f' Sou.tb Dakota trseDda this, well, this opportuni:t¥ to I 1¥>pe th1S 1D no COD.flic-t of 1ntel"eat, .... sat 1n Govtfn~Ullnt, except 1J8Y' taxes. (liiughter. ) Well~ t Idee to be stven t.bis privilege of talking to you by a f dist1Dgu1sbed gentlemen and a good friend, a terbeel tram down lbrth I kllOW tbat you've enjo;yed his PresideDey as I've en- Carolina wq. Joyed his f'riendsbip, and I o~ hope tbat this JllOi"nillS that you wont t be unhappy tbat be invited me to visit with you, becauoe I want to talk quite r:aDdidl\1 with you about our Country. ou.r eeo~, I vant to talk to you about am I want to talk to you a. little bit about our role 1n this vorl4. I come to you as a man 1n public life 1 but I also coa to you as one who ...... as I've indicated ....,., is from fsm~ that bas long been e-nsaged in buG iDes& enterprises J a small business, over 60 years; and ve 're proud of it, too. Ver,y, very proud. As my ~d~ used to aq, we bad a. s18Jl out along the higbwqs 1 we even beat lbrma Sbave to tJ:l)se sfSns tb3.t they have on the bigbvqs; and service since 1903. b.t was our ~ store. Well, this io 1966; that's 63 years ot being 1n business, o.lld I hope if I tell you tbe nrs frietds n-om South ll*ota won't take offense :t. in order to be ill business 8Di be sol.vent all o£ 63 Jears tbat you're 1n South ll!kota, you have to bave a little l:lWiiness sense; because it vas pretty rough out there during some of those days.. But tbe.t experience in tbe business -world did Sive me an appreciation o'f scm! oT the problems tJiat conf'ront t1le private enterprise of our Count:ry. indepeme~t, And I am aevoted to 1t; devoted to the whole dynamics of our f'ree enterprise eeonomic qstem. And I worry lest th1.tlgs develop within the ecollODV or vithin gove:rJJEDent that would 1n fU11' wq stitt'l.e this sense of incentive, this motivation which comes tbrousb one's own private enterprise, through his own busiuess ·5"utebl ial~Deilt .. hether it 'be ® 1nattrence oU'iee or t be tlae local de tlle 01" !ness tever particular b eve devcl.op it. can~ in re is tbat You can think ,our llq to it, or t..be sense, or 1 • ti tuticm 1t lJ:IiGb:t one tbat lht. I :teve:r 1.sa c nt tore 1 or · 4 tn itself to be an nt 1t l f ve tut, it is not. an ~t.. ut ra tt tbro • uw.o.a.tUA.;'e that. 1 tllat store I ctart.ed I tell ;your , aDd I'll · 11 you one It.!¥> u u 1Ch a!Qe I tana. t I happen lliOl"e e~ - rthi loa" both pro it ; :tore, Iooorpora ~ to be tJae Pretd.de.ut Of' 1t af.ld %\latch the 't.lcJok& ·eo or abiding interest, and t i ~rea. eu tell 12 J1!a1* I I sta:rt.ed .. ti o , and drug &tore 1 raised i.llSide I was born t'ban :rou. little busJneas tbe r1t#lt t.bia I"' tor it. (.Applause .. ) the You know, in politics, v v1etQry am defeat., aa:t t*ve had agonia1Dg vhe I bad :ell~' 'You ~t \JP ~ good fiabt", and and I catDe to You put brui d JllUScle c or 'both, teat. somebo<1¥ r, Mr. ~· of :good wounds stlU bmot1 ~r...l.( little bit perienee ot both l).)t still. t ~call aad said) t • ., '!be- 1ne4 but I we ouq tbe.t, out om of &!t'etlt told JOU e bQ:tl4 areat cba'l-acter. e~ w®ld ha: weu, iDS that vas t couol1QS. Jt' aotller t I eould build peat character out ot t•a aotns to let 70U on a secret. re 1 · a 't. 81JfT more elleraeter 't:btK ;you e buUd out ot defeat i'Jiat JOU -te t,. aDd tbe:1 I n~. lal "t u.Ud out or victory .... (lau&btel". } all t the t'QreeG t.aat make it up-- toreetl of 'busiae&s, of labor, at asrieulture, ot people 1D tbe profeaaiOila, COllU'tq is all abOt.tt and what we're gow tJ:'11De to 4o nt, sad w1t.bll1 t th1 &tWerament ot this CbuDtr7. I've in pubUe lite 1945. l QCift amce 19 'h undred -- tbe late ~r J:V pu'blle oareer a the o~ tb.e Citf ot Htrmeap> 11 1 servtns there tor two tel'ms. st aD3o,able poll.'tlea). experience cd m:t lit'e bee tt ~t us ver, close to the people. Jfr • ~ of end X 11 started via our t. cit7 rrtee i people, ~ clear 011 orke-J 1tb srotf~ tter J:lU(!b ~ ot public close to tile scene :u ,ou're in Wa~ ...~ events t..bat tc1t.e place it~ tha~ 10 tbat e1't8 and and wq I sq tbat the JOT ana brtshter vhen 70\l 81\'! than aq otbel:' tile. der our~ tiole tar~~ t1:l& ewt17 COIJIItlmi t7, SOinetble you w ou 4o U1 be t.lpt'ul. &atimes JQll VODitel" no ftort 70U put 1Dto 1t,. oen 1t blmt WIT leca 1• etton ~ tbere tbat ,ott IIWlke 1 so tar exteltded 1t'e l1ke an eleetr1ael. 1n;Mll.se, tt. seems to t s tm ~to 'CCCIIIlUl'Jlt7 ita power' a out over the lines and seea to oe it ott bif poor trnmualsoion or poor .o.rMtw:tor. ~1e~., DIIQ' So I've bad tile ve~nt. b , JQU're lOcal :t a pereoo bere !f-A, or Sea! belo»s to mere eivie asS()ciat1on1 or a order. .ADd upoD ,.ou 1s im,poae!J tb1uJ QPQn IIOSt eitiuns 1D 7QUr CC8'Pmit7· tou rs -- ei'V'i.e leetlers. le 70U here. tiOtlal aeUve ..... or an active participant 1D 1 cburch, Ql' 10\U" fl'aterJ:ltt7 <».- sorority ~bil1t¥ or bOt1l looal e.lld leaders, evex.y one ot t 4oeSD't club1 or I sq, leaclers 1n your ~~ but above al11 eders in J'OUl' cr.amud t¥• li::liW' lea4el'Sll1p is the p«iper - Vonderful title 1 and DlllUV' people llke to pick I kDOII l do .... you read tbat., aDd I'm. su:re tl:le.t wJlre JQll*'re hale 70\1 l1ke tc> 1 pick up YQ\1%' local paper if scaeth1Jls s place in tbe cit.J1 5112 it Mr>s. So and So, 1e er o:t tbis; or outstom:lns ctrtc oftietal; tete ra. • and. So, ciVic leaiku' ar ~with t11.0se titles e(llftiJ a rrible respoaa1bU1ty. Leaden\bip impose& l"t'spoDS1bU1tq IUld o~ ver,y few lux:urt.n. 14adershi.p 1u JJ3t a prtvil.e&ei it beeomes a dllt1• ixldiv1dual in a COIJIDWlity 18 tbere'e soins to be better sotns 1t • e ~it)- tO belp make 1t tbat vey. ea ~ o~ t1on in I:r t!le.re 'a If So1Gs to be a better world, ve •m SPiuB to belp Jll8ke 1t tbat able to l'ell1llke JOur town_. vorld. Wllere you live, tt•s because: 70\1 1Z'e Or to tNt it 1n anotller 41mens1oo, to our ADd what ts tne or wa:r. Wa~1 D. c. is aot &'flUs 1:r it eould, 1t shoulclll't1 becau;lle -8lt ~·r ~ to v1U better ~ 1n your ~-~ you • It tllere' goir.lg to be 'better ~ 1D r1ee,. to ;you tart tv· 10lll' " ~ l? ....... 'to n let tbe bette boaitt& be be 1QB re t:f. pQ ot tbia to be tld.a I boclJ'1 but too btl ta to ~ JOU live. l.)e(:S.W:Je +..l'wt- e~ sort of like .... not · q• wo voultl lJk to . people - so- you ll.ve. It t.be7• rn eitie :in , Iii> 1118 111 beta;er rt o£ leav. tllese respond.~ I bave c1t1e • as ar~ fOrmer ofticer Of d1 • a11)81 fflc1al, saae or our sreat JDtUlicipal side t 1 I V1ee as ant J0U to be ~zationa 1. UaSOll lederal. Govenwent 4114 tbe :toca1 Oove:rnments.. otti~ bet.w'eell Ati4 I've tllline population eD'1 o r. Just little set•top sun to start le . tor tile ci.t1ee to v toðer, of progems ., 1r problc:lo 11 never • 1 &lli't llbere re~ mt 1 sem1x~ars, re local ottic1als t 1G a: rdlable tmre t end ADt:l vt.re ve 1 baV ln'tlll learnill first- . 'What you may be1 uulese ,on atf'tieul.ty 1 to foluld., ,.ou e&Jl deser1'bl!f 1t1 1 u caa . rver reall1' taake it WQ z Qov met tilite.d St.atea of 30JOOO 16 Jar »eetiQss ra tor an hour, but tvo-4s:y ~tteral t of rw...-. n I moat of \be lJI810l"B or vi he to be t .oston people • to expene exbilem.ti 1n alll tile Jqy t4lt / -9a ~ ~'ling ~blem o;r v-<Jt'ked t betDa close to it. , I've enJI)Jed tbis Oppol"tUility- of ut rt people, tv t crt1c1ela J n.c. a w , It fteet1ve, it f'fect1 to tell time after time tb:'lt people~ doean.'t f't1e1eut 1 tbe ert~~~tttt • dfic1ent 1 110de:ndzed tate ~ 'J.beJ.Ie t a aootbel" Jut CODsre s. as vell. u. as It ~Dea~W adequate !bderal gc:wflrament ; 'bu Jrllde svallabl.e to rat• erment pparatuo. a;( tiJl& 1t. • of" octene ,p soUne 11l a la'tfn 111QWer. don't put Jet fuel ill govern.. tbat ftderal partnership itb local SQV'el!l- * f'or tfeetive local ixtg., te 1bme :rntzed OCel .tueffle!ent obsolate loeal govet'1Dnt.. ye e. peopla does not tDMD .for ara Just tbe to point out to 1 1tb our local EPVern- is of pu.ttiDa DO !t ilh't nece&S8J7• 1.avrl JII)Wer. It'fl costq. tou You put .1et t'Uel in jets, efficient JDeehanium. And JOU don•t take bUliOM of dollan of iedend 1 S sa red f:om the t.uprqers expect lt to do tbe .job, to geue Lt. tbe power, to g,enerate t'be load tbat should 1#t!ng 1t doWn t.bro pparatus ot J1117be inca}le.ble ot d!.gest I Just lJ)Wrllaent tbat it, ot abaor'billg f.rom 1t1 lJ1 ·- , !t and puttirc voxk tbr the public aood• 1 So~ I talk to you About tlat. vhlcb I th1llk I lox1w a Uttle bit a.boue -- govel'DlleDt, c t t:ll1 ~ ity- to ~up gove s 70Ur task and your d it your plOple there - d.e'YeloJDf!Jnt at your c~t7 scl:roob 1n ll:ierica, t.'llq•U local~ and state ...... responsive, if you pleaee, to the fUld of your state.. • 1n ,-our and ml\1 ot you J1J1!t7 be ott!clAls -- to the reGpODtJibUitie e of lleking nt resPQD$ive t.o human ivUe to be i lt t.lwre will be better your ton, I repeat. It tblre's -10.. to b&tter educatlon do 1t in '10 m Allarlea, Ir t.bere'a to be c1tq. because ,ou 've seen be$t~t 1t v111 be because lOU 've better~ 1n America, it tbat tlle7're better where rou live, a'bl.e to lt'U be D" tllere 's to be peace aa4 trauquiUt,u 1u ArDerlca, tt•a because )'Ota.'U be abla to attor4 protection under the lew, as well as Justice 1tb1D tlle :tav. And it can't ct:11e :tram on top. 'aoae on top, tbOse at t'be le4eftl. estabUeh t,. co give 10\J but ~ 1 IISI1G eaN'.ItOt .... s~, DOl" ca slve ;you a141 sbould atstauoe, aiM JOU .... operate snd l'Wlit and lllake 1t eae7 Dt1ofl aU of' t:ld.& to ;vou because 1 Pl'OJeet1ou 1:1i11eate tba'b b7 totnl populatiOn Call ot WS aattou 1d.l1 s I said a J:QIIect 85 ,ear 1980, over 8$), ~ !'Cent o~ l.1ve 1D cdttea ...... 15 perceut 1D t'UZ'el ta.ras.., 1D 't:b& v111... lea. Aid 11hen I sq r'Ql'8l Aleriee, J aan 1ft • X'm not pat'tf.eulerq _ WI abo® tbat proJectiOn. aure tbat •t' te:l'll10cd _gOOd :tor rtea -- in fttct, I 'tb.1$ polie7 to ebe* and reverae tlmt pattem. at1 I Uke tt. I &m't 1~ tba I'm ~at we~ l COSIIla trattie eoaaesttons,.. all to Jaave t"ro1l. tbe I doa't e?e!llite it With J~• (t.a~r.) AJd I don't e~ ~ it v:ltb 1t 1 realq neceaatU7. of ~J am I don't tb1»k I thiDk we •ve lett tbe :ftn'eeo of tbe ecattal9' do tll1JJss tbat ve ouglrt :ao-t to let tbeJI deal Of sen 4o to OUl" ~. sreattbe •a lota o:t 'Diere 's a 1D btll Ca:rol.!na, 1sa tt tbel'e,. ~1 AD4 ream 1n IIIJ:lneso'ta, fU14 tbe:re •s .toeD aU over America tor tbe soc4 Ut'e, soias to to do tld.DSB to pul)Uc PlUC'f pn: :te enterprise, to reve:rae tad. tlow of ,eopl.e tlat IIIOft.G COD- but SCIIello¥ or otlaer, ve're -u$ttmtl7 to l.erge ~tml ~ll& ~ ceaten. You ~ centerJ but. 1t'e oa ~ e;re nGW in a :smaU ~ut or •t eent\n:", a 1& ~~ Erast&m Seabolm\. ~ ~ _. the p ~ one ~d ~sadlusette to bfolk1 VtrgJ.ma. :tt living o~ to tl8 ~': I tb1lik ~ r p;Jllutian1 or tveBtJ ~$&SO· wt1te:r So, the ~ ~~ of t we Uvf.&lS in is v~Uld t~;t.'nss pollution, ~ ttu:1*11 ~ lievel~J you at ~ ~otlr' muutc pallsvol, t ~ ~lance •• ~ it. qp end 70U bow it~.. ~llillS em \terser~ to tbnn lunumnce are tb.e br better h~ people tat. bdustr!al and )'OUT' prtvate el"tul ~ ~ possi_ble s.or:e :DSe statea ot 1b one ot e llity, a.nce. Q£ o~:s 1 "'s laud, 1s to o~ ec~1 ~ ttoa ve live rat11er tbB:n letting the a¢l"':S c Bfta&.- eultural mad ectueat!oual utd:ve~tiet~ ~s ~ 1>4 set ~ lew~, e;o~ of bal.enoe 1 to atve ·t hts lll1 rN))at •a about tins. to ene~ r6l. pat.t ltnl Q£ fP:'OWth e:U the Vf.t7 fl>v 1 ,on~-~~ beliew at lhrlver ~ eo~., ~, state Set tnto :motton 1r tt's ptJVert'Ul... ~ gips wi.tb 1t. tA, t J'Our c'blte t richer,. ~ rieh tbat a tl.w at people to tbose dln\')J.opllent~ ~ J'Olll" 't ~~a? ptttag better, tt. Vill &et ~~ to Ulte scw:e'bt'N, wdver&ttiea, butldiQS up trOpOUtan el"ea.. o£ UU.ted Statea; as you. 'm'JJ.Y have beard OUl" ~ller e~t$e$, ~ maB$- Yb.st bappelled to tbe "'1&$t Jobrmon ~cut~ in a ~•, 11:.UJ1etrte e1t.v hom tbatma, to the ili? U. vawr? Well., ,au a.t, tnste unleaa ve sta-t now to there 'ldU be And Gove~t toaq is vreatlb& wtth ~ know. l«ls ot t't1e oolid ~ ~7 hap~ · t ~~ from ~t mill1t)ll peo))le 1n one "' haPJ)elled h ~m!'S tbelt ts SliDe ~t44 Oll.l" m~tall! no ~ Yotl talk to the people that w Well, t bope )"ou'llpomtt ~~e great deal to ·Sit3 about bit or ,juBtJ..t1able prik em ~ ~ Mmi-ldatrat!on. of 196o tb1lt nation .l»d about 1i -_rcem. ot ~t ot 1t.s totu1 'WOrk t~. %a 1960 ve were 1a Wrd -~ &:tOll ot -_ ln better 'tba:o tlle lest eqens.ive-. !be1'-re ot lt"eCEJS~itl fl1lft7 ·o f ~1 tl)J;l ~~1¥ ~st." adilerrta, U; •s put it out of U' ~ive am to the car O'W'la", ~ vOU'Ilded eild an ecident... We htwe not bad it beca ~e q&.teln -~ tllM new televitdmt11 fi.ort~s. usea tD ~ ln01lt., :tbe7*re ba'tl), QF.N car. ~1.1JJS our ~ fali fOU fP to a'llll P"t ~l¥ ~118 ~DI sn, a~. bas:Smss. lbt 11.8.7-,. vatt ~ Oro l:' Clevelol'ld. 1 little bt<t l$ JnOft )bet pe.eple .,..Q 7® Eve~ wa#ts 'busines.s maa want stote J u:- We lJ.ktt iJJOtller ~ts1as es1D~ t11e ~~ ood tile .Uonttl Caa - m~ :rou. new ~regie~, Ire~ *' $tm:e ~llould. a D!\7 ....... ill t &ow, tbat ~U& Eve~ ~ -~ ~ in ~ go.t new I'StOl· well. as ~ t~Jtnk:tos.- 1 tloa't.ltflCII vh.J' tt We've been new ~e«, t~ a1). . we'¥ l.euDed ba& deVeloped., eq ~ &w ~ea'\ a atld alii we put to VOl'k aome: of the toGla tbat lllO&tm ~ct; ._.• ClSll 1t. t to 't!Je ~~. eqeRS1ve 1 tbe)ttre ~ - b~a t eff'ettt ·bim Vi~ t-ecesUoa siuee t9Q, tm4 1 ~rr't t1'.d.nk tld.a We haft Dot set~ -'1!1' e~ ~r.. to B!ee ntono that take- a vor. r •a Job B%11 lea sboQC eur ~1"" , in&Ul"';mce ~1oue ~S$ l!l.'re ll)t O.Gli' ~icel ~u e.re ap!l.nsive to· ~ 'Wbo ue tbe :etl\Y lik& It •4 Just • ana ~mOll$ :f1!$1"$J -~ is • 7all tl7 it in ~~ w~ ... ~*ve nGd .... _, - new .. .. aove~t e't. a.a it l:ike some~ tbat1' or W&ll 1 I admf.:re both• b~ tbq''re aead; .U they llvf!A U:ve& tor .tG.a!tea:. ~t po.trtots- 1n tl\etr tiet and lM't. sane eteJ:'orm1 ~_s vtth u.s 1 'but "!Die Rev " relate~ w :t tbi$ ·13~ lleedtl, al1d t ,ou. should poUcy fi& gGWX'l:ll1en~ policy or r\be t :ts 1t nll about. Ecm:lt.Bies" ~ aa1d 'tJ or a sow to aecentuate tatzr ~ Jit. eco.nG~~V1 ~ aecelert!te 1t t · ts over- ccele ted, to put on tbe brekea, and put tbt:m on sl.oil~ 1 Ol" eftecti'V'el7· lJ!bat•u Your OWernment l'edueed reduc !Itt en, tea .. e.Qd ~ tion. ae fo:r pers rsoaal tmce , COl'P.()rate sed into the priva ft ec~, ct!oll ot fUel into an eus;1ne 7 ~ save tb1.s e-COJXJJV Bl.lr , a +.~o~,_"',.."'"" it rorverd, 8114 I repeat, :t tao ~le :r:Lod 1D human btotorr t we five J9.rS• tJJe tfJ ..1 ust.ained Bever liletore bad 68 montlls at It. r:lod of growth 8llCb. s ~au eounf'iey'. 1s, it w Jun ~t~ much receGSion ; sot itJ o.nd of t"ecor<!ed bisto r1ca ~ be.J.; ~ do what? sato • ~ .tact bef'ore ve ooetime you so it and tr 10u did you tiaP 1o.u use ot tis to last bas. aJ11 natiou never k.DCIWJl U;.. JJ.ke it u ~ time 1QU d1edJ but ve and a vaecitle and tbat. vaccine vas ~1ve baa eeonclldc stoVth vitbot.lt a toe sus. oQa' ever bed it. f'o <if ~t, J!eduaad 1 cbo1ce and penr:mal itlvest.nent, fOr' per&0.1)a]. eve:r- kl'lo9n a1: meant .. t tbe ti of perso.U taxes, llke 1'0U woul4 rel.eaoe n moJ:li!Y' t it t 'timeq 8lJ1 co.ll- and momt.a.17 pOlicy vttb:tn tb:e 1lederal ~nt. ~ encoanae bus!rless to luvest.. t:be l101'd "imeet"? use :Uxw-estme.nt me J • ~re era .10bs viU\Out il:lve&tmeut. 'fou eaa so around, t41k about j'o'bsJ 3'0\1 am t..tsn about tl1e Ubel'lll.s, 701.1 can talk about conoervat1ves, you ean you can ~ v1t:b tm D'lmoerato -- but, wilaus the no Jobs. ADd tb1 with tlae .Republ1.cctns, re b isweB't.llentJ G:we~t detemined in tbe 1960's 1 and 14- hlv18el"& 1 t te:nalned ~asing creasme tbe am6urJt of iJw'e nt, and business e!lterprlse tA!:m-. ot I • e ~ Mould do vas to rel t qstem 'b.;y ntei"prt tl:'ee ~ C8DII! frl::cl Couusel ot 1rmeA of llirJ etate 1 Walte ot ct ot tbte kiad of · n wJiQ waa "tbe arcls1 0tle of tJ:Ie the opportuntt7 tor ~ t ~tal to t So we pu:sed tax laWs ~ tbe aYailab ~ tes; in t; ct, I a4v ®2" the ~ted it lmrs to reduce al.Do a1Jed e are tbe met UDf'a.ir ot all tue ; ¥ cise repealed we eeU tbe tnvestmeli;t Tax t ta. We v!dUal income ~t. b, iat\'frest~ calleU eDlush, that kind of ®Doid.c WnkJug dicltl •t coae to b4ve labels. can u~, tbOusllt JX}t au, in aqy ~· we said, 1 le~ lbt to llma3e the priva wor · busb.leas plOPl.e, cul.tu.t-e in enterprl.se BfBtell eo to vodt. them. v1 times v th the leaders ~with ~1dent tve met a ..,_ ot business Jo\mson. s been ot 111 c:M r 5 e~ct ~1 ~ab~ t~ertoa Tile t ..... a ~ dOuble tbat put Oil." pat oux- trust ill U t•ve met labol" aa;r1• S1t.t!Ja8 1D tbe 1u UDP\iblid.t:M meetings, dlsc:wsabS;jf seek1ns 84vice t eall.ed ot liS believed tbat prf.-.te enter• 8(JVertJI',Ient did. its aoaey Mmin1c.trat1on eeae in at\d 1th bJ it and a ~ It came b'l3n 'beeauae t'bUe 's cever . unii:f'1 a "UX&ito.S.tJ' ot lmev better prt tben te Jbuoe counsel, grovtb rate in tbe Jaertean econ<:li\Y at otber 1Dd tr1el eo\llltl")" ot ttme. in personal ~ in tbe l.Ut five years has -1;-. :tt•a 3UGt like a4df.n& ae~. ~- 1n P!'rB ~ in uct of Co ~ to . -ve n ,our .fttderal era t:t;y, in l~ l r total t' on tlla.t. bige:r rate and produce 1ll)te ptmJ-oo eoUeete Oov~l'IIDmt bill10n doU,ara it last five uational product. of Wa Couutt7, • , tblm t t 1n l:'e-u.ftl•JA • bet~. Ueeted et1v1 t.bere vas 1 ~ 1 amt rate is 'below 4 percent_. ltN people ha¥ aeted ae, v.bat abottt thts you Jwt U, let &Des!: &uod Ia it eCOilCIIf1 eutiiJ!tl~· little X make e. look at. 11\Y Dote rnDmt det1d:t. 1n t 19591 mh!4 ye • I 19.)9; deficit of 3.2.2 bUUo :taat ~:r t ~ or a.3 to rour e e:11nic lJke .l OU vQQld n, ? ce o ~ tbat c~ It 70U cov1d n.na. fint or all 750 billion ar 1 Aid at preeent. tax figtare,. rvtaes, :t would be tiOil&l 4octor o@llsay t.bat U it ecmtinuea t tbis pace,. tiler 32 btUion dollan ot 1nc01e. 'tell :e tb1& ste&l ~Det1oll 1 ,.aursel.f f01" v vou1d :boat ? tr1llioa dollar trUUon t clet1e1t otller tbiap ven doah tlle meant1me, t ia tbe C®dttlon of (I!C(lRD'I'J I ot <toll.aro. 1l.Uo pOint, aDd b JlO vatlable ~~eeurtt71 tor aa1 a · · ~~ U a eCOIIOlQ' rtcu.re. that'll p!Oduee never toucbed t tor otller taxes r pqrposes of p&l>Ue that W aation -16l tJWik 1t' . tl tr to aq aeecl$ . fa~t 1 s J in 'b 't.bley' 1 t profit s ve been ve-q, ve17 good, to Ameriee.:n been I th1.r*. it• baWl bee SQod, ve17 good. , q t least Jeaso be year _. I I COiiOO goocl for a..o.r worker. teir to Wtt.se are Fum 1ncarDe 1s upJ tt.lU t 2 bUJ.ta n doll..ars over last year ....... long QVi rdue, a ~ area end I Juat t JV pl. 1n to e 1ty folk 1 I've beeD rea41a s about. tbe taxD prices ue b1sh and th1a to tbe c: of· inflat 1o • You t to expeet t.sbop ooQditiobS trom 81V'- boc11. lou :ve t to expec t 1'1 tiOns. hl1 aaJ.r7 ta or ~ 1n to vo:k under ~tahop York 3te. eOIIli• in OJ:' ~ carc>Um is getttn & au averag e of' 50 eents au hour f'or bttl labor on ls1a f'arll1 aJld a rate o 50 nu hour bued upon Bl:l011lll _t ot U tbe price 1nv'e ted eapitU 1n hU enterp rise tbat 1all 't ria}lt. . 1 or 11k sou , And it •s Uttle long overdue, t.bat 'e all. I tb1:nk evel'J man ts entitl ed to his hlre. I dou't that JOU C8!1 ~uati· tr 1011 1ndu&t:'1al price& bt chlld l.abor costs . 1n this eo J.Al~'l." tr;y.. so uoUDd ~~ and the ccmut rr would ll, it tie could Just • lou woul.d u't badu'u pt, and you'd have tl"oub le tlan we have tOdq. r tor und ~d IDellber of tb1. c :tch up Of ~sro ~a~. labor, and agricu ltUN .. too; e have bish·.P riee non-Uidan to vork f'or 60 -cent , vould D't t ba 11 81.\Y 1nsur .. toa labot- 1n Jaerie a, and e do J:IOt IP't JliCire V."e · :ve c.bolis bed cbild l.abor aud ~ end a vas an underpa.1d1 lD tbe tbree ·le ed stool of busine ss 1 bad t1ae short le"'• •e be&1mdns DJV to -ever.y OOQr&e 7 1t d14 dtq I l"tl$.C1 ill the letrop a11te. u PJ.oeas, f'em prices are ~don't adver tise :t prlee ot tbe paper is~~ - ar price of e.dver ..isiug that 1 s on ever.~ C1ty1 peat 1'\U'al t 1Je•a detrerYed it cntic aNa,~ rf.sht txN1 'tor tile lo . time and v s loas•&Uf'terill& ~~ember ot tid. 1 tt1na 4 4ollars a poor SOUl's meant~ lle 's ~ 6o cents ~~ to tell you '* . co~- l:t- ADd t long last ~1&Jlct tf1J: tua ldlk. t h01Il' DOW· (Appl.auae • ) Or bet 8 get1;1118 a 4olJ.ait and 42 COAts a ~1 f'or bta COrD• cour , 25 pric ;reent of' ~s ~~ J.ustead ~ aU tA.ls. vent uP 25 ceuta. tllcb vas · out. ~reent ~ OA ot o 6 t want to lJell) I j Ol' ztw oot"J:h plug in vb1le I t tn to you .. Du.t ~ t1lit ec011001y is esaent1.alJN s~ ~,. don't like. It's t lefJ lll01'e stves )'Ot.l tbia cheekQP e.e X aa1d l'ou're $tl'ODS• and you tou:r G't looka ~ 9.'llere are SOJre eip Ukc goJ.Dg to JOUr dOetor and lle sqs, 'W$U1 &POd· I rou look prett.J oa.. eke you., stven ,ou X•l'fq's, to btlve m part euler pro'blelt in JOur <Ugeat11re tract, )"'ur SODBb4' .SOQ4 tor JQUor sse, eteetera, FJtiJf¥G JOU*n pretty ~ vent to tell. lOll th1a: be a U ttle careM now. '.tb!nt 's. a Utt.le at bere or a bit or teuion, slow Uttle. Or •u sq good but 1 dise i!!Yer,rtblals tbere Gee= t.o little too J111Cb.. 1'be vi 4 to be • there 'a DOW~ W1"0!ll vi tla 10111 tive t.rol.ible, baa •t ian' a :r&v ~DG, from b1 sbOuld gp t 41 OW1' •t meac t.lltl1l !A "W.e doctor· !'OOIIl tbiat baaa't be&rcl tbat,. Bow, tbat d.!.du't JaeeD aDA eee tbe l.oeal morticiall and &1XIke t l'QU cta.ae b SlJ1 told ;t, 70 · ~nts# ~ f~ 1 well., end onq te months toget:ber ~ mother ·(Ie~ter.. ) .... tmc1 1t idn't meau tbllt 70U1" relat:tw. tbey vere gptng to diVide \lP tbe a.~ look, you•re bc$1eall7 'be!Lltl:v, Umg lif'e end tb.rt it. aut was: got a loug Ute to Uve if ,ou ~u•ve ~rou ought tG ~OJ' all .a t once re~ t it realq meant\l- 1s that JOu OJ.@bt And Jet. yourseU. ~rld. au wondel"e4 1t mo.re f'Wl7 e..,%7 4aJ1 w li>we tl'Jll.t ·t' s and America~. 750 blllia dollnr enterpr:iae.. ilmtaatic. I Yatit that i f ve really want to pray 1a t.hi,e courrt.ey'1 and we to pra;r to tb.e ~ ~V., God 1 t 'belona to W.S tton. tblnl,. it 1SJl't, travel ~t to, we ought wttb. eterual thsllks tor \be blessUlgs There's~ ~pla~ to say r1Sht- sau Uke it .. 1md an,t.bae you else. (Applause .. ) Ue •ve done qUite well as a people and as a. system ...... soverraental and ecOIPn!c.. But,. and I sey but tllere are some ...igw:; tbat di&tl'.lr'b us. ftJ.oat of till, tb1a international ~Jcavt-burdened ~ prob~. ~, Se capital cxpellditu:re is at au ~ebasing ~r.; hi.tlb· little ti&b't,. or . st nrtes are ~up~ ot mim said, he said, to a wr, I heve build a barth toda¥ ~ sericn.m the rate o prtva.te inveDtrcent per ~cede~ bigb..- 'lhinUr, the e~r eo~r, ts at !t Just ooems lite eve:ry t.lane tmt the eeonom.y tbe ~ ts ·a l.ittle tiabt, and whel'e b flmd evfft'7bodiv \1tlJ1ts to build,. inter- As one old Melli JOlt ~ eve-17 time it lOoks like there ts gtltlljl igbbor that df:etdes that's tbe t!rne be'$ Aad add on $us't a ltttla b:it eeo~ ];n'e&fftU'e VOJ."17 S:tgr:&$ '0\W economy the tmlO\mt ot JllOllC¥ anilabl.e to the an unprecedertted t"' ot ill t.be are 1a'lowtl in ec~. VO:td - 1'Qere sot. to ~to the~~~ to~ are some inflation., Y0'1!'f!1 sigtas end those • 1 ~ controlled can be 4i S Uke COl'D'V' Ute1'8l.q old o-47t o to t it out ot !)C....31 tbe.t i.ntlat lU.6b veloeitJ' c to •s up ttl $Mke tb& one e:d.ate~. ~- • ~~ tN GOJ11c truspol't, 11.\Y de C 8111 't reed to . ll y , 1DflJV' ot ,ou trave Y. a sat'e, old elt.Pla¥. !-() real.q aet out of kilter. Almost ~ <:BXl tl:$' it. IX:-3 travels at the ra knots, ~a va~ and tt:tt,', fort7, are ~ tbel"e, pretv to1 b\1t I 1t sooa.. or tbe " C8A ~ t:r:7 1t, t. A ~ t u :vela t DO '11fT 4ear a Jll\lCll better • !&bt, stxteen, to :t. )1lot is in t1Htt plae 1 1f' tbat pU.ot ~~$ or r)].aQe, lOU tve e;pt trouble. v1 ve -.ve to vel-0: all con role 81¥1 10\1 lQt 40n •t ver, IJI'!Cl!WUl$1J.!l4 aJ)d eOfltrO one not SU~~Jed up, put hour1 mil Idle !do ol4 tesh1 QQSe , but 1 bl~WC'lrec\ . • AtJ4 tt 'a up there PQt the ck to se,veJ:ltefitn buDdred al¥1 f'Ut7 Yo:Q can .... I've novn e. oo..-3, pull ~ u rt ot is l.1ke abal4 _M ~- , tttt.r mS.les , 1t e. Ar.lil 70u ean and turn 1t of about so lllld1 ot ~ tl'$1n'ua. our pUots and that s j tbeae autc:lale.tic ar utaaated C-Oil'tl'ol t- ,_ 1niDall beins t -innll~m, a is too 'Uilftl1able to :rx:-3 age e~. econosrv,. DOt old-tasbiouecl t'our-e~ Pfl)P "Pl8ne· you t.be,re fast, 1 '11 Gi'i'e you s J.t ite1 tlle cl.iJitat14 it's 1Zl - acMeveJ~Jent e ot ~comes a:l.oll8 ana w JOb that pm" of V1atton ~- •· but 1 ai;so is a daJlSero that doe ~~well I you ~r ana past You '4 hope to 1~, ~ when 1 ae u s ble to do it to 7DU think about a pu.ot. Uke tbat t vebicle tf' 't knoW llov to opera could lan4 on cornr1 l4s iD my dll:f do 1 6QJZieOIDe :re~ore.,. transport) it'll do to ® 1 it is vllat ve cell. tbe 4e .t gped M-~ e&! of' the supter&Gnlc ~ You're Uvitlg in or tf tbe ol4 eoo.1.d t would • set ott tbe tJ1ae 1Q hl..\'rrJ'· Vell, t.Mt' w re Wf.!' are V1 th our eeOI.IOI\Y. 1e bave a b:!.sh-spi!e41 bigbo-veloe1ty1 SP gliq·gecaed eOOXIOIQ'J tl1ro1.ISb whatever ve do vlth it ae patt.ams or tormsJ or potential ® tm.UJt be done CSl"&t'ul.l.y. ~ ~~ thereto~, ~~ We have a radar, to to speak, em ovr the Counsel of Ecoamie Adv1serB1 tJ:e .-r1caD biuJJJs Ccam1dt)" 1th aU ot 1ta stattseal. proJeqttona. All ot t.hoae fed into wlaat we call our contl'Ol. tiOna it cont1mles s 're thullderstom or hf.sb o be ~nsit7 vo14s tbm'A. :J:UI'lle:Tio~~.QU;UlS veU, nrefer :ve to )"011 a.te p1'Q~· ser tbat i t ccmom1e that. we 1IJ1J.7 set lmrtJ do :1D that plane tbat you came uP ~.. bt goJ.tJS tlu'ousb thnaierstorma; 1f be k.nowe, for poa.si'b~ can, xample, tbnt tlle plane bun •t n • uice tak:eof't eDd ve •ben,g into chtmces a sood pilot 1$ watching tbat Pl'O'Wt tbat he's ~~ s.o1»6 to run . ctor arouad 1t Just as oa. ~ if 'd like to . I t ·. . . ... • (J , _. . t~f '1 . · . -· . fl' J_· . i ·~!_ · :_ · J . t: lf" · .· ·. . .fit' · ·.· q j i .· i8'. ... "' Ct _ "" (J' ~-· ~-· s_• ii .. l f• '.. fl .. . !!' "'& " II¢• .• ·. .1·•. l i ,_ . ·.. ~ i.. "i I_• !i 1 1.- ._._.· ·_ l_ · .. ~ .. ~~· .. ~. ~.· ii "..... t;_ 1_._ •.. .. I 1_.· s .t 1.._ l1ii'" e:tn .. 1_•: .. J_••.. ill<! .~ !< __-.- · & 1 _, · -. . 1-. - ftIP ,{;: (J I_ i_ r_ : _ &_1ft • s·_ }1 a ! ! J t _t : ;_ ~ ~i ( I i i. I I'! ~~~1\'I'Br:lt f 4;1 . ~J!u~~s!.s ~~- - ~ f: Jlla "I• . j~f~. ~~·-fff«l'.t:. ~~-·- ·. r ~ I 1· · ~ f I ~~~,~~~~~r~~~ta~~~~~~~~~~~t ' . (f" lff!;~~-~rf . 81!llii; 1 aff f!r~ · 1. .i. ~. :ill I_· '·· i '.. -..· 1. :_ .. •. 3~. ~.·_.• •.· '· ~ ~.• l 8 _i ~ ~-· fa. Ia~ -~~s:la i'i Hl f;:: .~s ~ I' I :.ll! • It' .• I_J f)if t•;;''ll~~J fJJfr~!JJ~ a .. Js'r_ I•_ . ~~~~· ~Ji_l _ ,f_·. r,w_.•_:l·fl!_• · ,~w sfri~ il ~~~.,.t~~-. .. ~a..t~Jsa-§~ . -22- to bor.rov IJ01ill! &Del ~ m.td aJJi to ti~D up tbe 1 rlabt tlltou8b tbiB Country ~nt? 't)!lq JIGl'e bappitleas . retty s ~ teDd to it, ,.ou'll have expend:1tUres. o~ the or gove,_..,.,llt. ople. ADd laS '.Q _ l. Q '.1!.1e Gc:M!rl:Dent ot t r con&Ultat10D w1tb a11. a&sment of to be best tor eoul.d be d1eastrous~ Said that. the~ leg1<thlate of student w~ lntlathm 1 like hish blood lXJt 4uty of tioD to take a SOQd lard look to be best seem~ lit and llOre ~ mol"e, and tQ pu$h tbe eltare lliited States bas vbat and m:>m 1110re 1Dta t.1J!. stratospbe.re. s JetterBOD ocee ¥erllllettt its fferson 61ld raiae intere t. rates this illt.erfereliCe with lrusitiesaf What is 1 1 more1 natioah ;IXNSSUl!e.J if you t 1t I!P Wld Ana. intlation in tb.1G stl"'ke. eco~ So, your rbverlDI!mt is aoiQs to cut Pede I vant to make that. quite clear. t.lbat 'a vhe:re ve GtQrt. (Applause. ) Eve-ey s.t.ngte d~partaent or 70w:' Govermaent. has been ordered Ptesident ot tbe tbtted State& to prt~ne out law prtarit7 items.. at people aren• goblg to llJre tbat7 axd rn guarantee you 'tv the A lot that ve'll get letters traa eVfn1b<'Ja3t because ever;rbXI:y tb.inks their proJect 1s a btgb priority' ~t item. oae? t d.o ;ou t do ~u 1 !be bridge 1rl my 1 '!he ta'barato17 down tate 1SD't t.be re tar e,sr-1· cul.tU1"81 expertllent.ation inn• t more iq;lol"taDt then tbat proJect that ~ 16 haw up 1t1 ~llll87lvania? sqe a Collgressmal.h s :t• goJns I senecl in Col:lgl"ess · let youf.n on a seeret .. !l'bere vere no more :tmportant proJects in tbe vorld tball vbat bapp&ned I was concerned. bt. w.as Pre~ideat job. or the l: vas 'tllited states bel'.llW t%'<:lm .MbmesotaJ and the Ult d States will to aee the 8187 words of a ·2).- ~d 435 torS IUld ~rn . pub ieaAS &l)d ~tS '1111' ttJ" )'OU ot t1:1e JbWJe ot 1' go1 iked - fri.tmds.. 'Wbe11 ,au. cut 0\lt 2S a cJle a . t.b.tns I clon't 1.n. U&em, I' mt be1rJg t tbe7're 1D ated 1n 1a tbe 41 to Jet lbt QQe ODe Mt. but- OD t1 a tbat tlle ~roe llGt. tt. :t a.oesn 't I do 't because tbe ~r ~ axw Jttnd of' vlllt you cao do. 1lMm tJle Oaamber ot 11 aa11ng ~ 1u peme Dt1 in ut , ~l""'cr1Ucal; t it, and U yov,' J'OU Pl"QJect tor ~~ tbe7 can stve on ~ a1ld ~·t>e illtezoes ted present att •• And ..... proje~ Coa:uee baek C0agres81111ll1 sbT us pas a resolut toa tbt;t cut.& ~ our pmt otttce, not the one that take eere ot oar tlDoc1 eOl:ltrol FOJeet, . DOt tbe ODe t t preveats us e;ettiDS our auport . stop tlat a~ CNt tte.re 1n lilabo., but uon•t t.oudl lt out. 1D R!arlte<:rta. I've been ~ or tbe a4vautaae• o£ l»tns 1D so~ . it• lO:lt bow, I ~ to tMcl:l dCR'ln .... 'Jill gatl.uate ctegee tm tJaivers ity o1 student iD .-rt.can I' I v a ~or. gacluate a tbe louisiaD a state thtvers itJ'~ went to M:i.Jmte0tli 1 Colleee 1n st. Pal.\1.. Oove~t. ta~ u both plaee bad thouarmds ot <bve~ Dt • Oat in li:Alltst er men vomeu I feel t ow eve7:!f oae or a (Ia~ r.) I reaJ.l¥ do. (Applause ) Eecause t J t talJS,bt " t I so~ became nt. ~· Atl4 S<D very dtfticu lt t tbe book said. 'ltlen I aot to~~~ Daen I fat.md ®t vJaat ~fit lt bav to clo !a. Of t1ae dec1s1olle tbat 30u Jla1te in AOVeftiDfnt are a. So,. to s\II:'D8l'1ze it quic~ 1JI:R 1 v!Jat ve•ra ~to do !a tbts -24ee~ todq 1& to put on juat enougb b1'8ke ~called velocitq1 tb1a qpenon1e tr apeeds tbroU&b t I 1& ~s onq the run t ts 'tbe 1 counsel,. vi nt ~· \q) 90 t ve eall politic: , pie.k:ing t.lla1t" n1¥'l>ift"'llft llbich doe not labor to 1thbol4 on ,ou prudent 1 _.~~, QQ.t ~· m::~4 their 1 mere~ include k.l:br tbat :t • atch it veq eare~ll l-Ie t1» t rea1l1d ~of' otae b# I U2 b!lllasw of dol.l.ara, t tt can be tol.ld'aed a:J11tlfq1 .. defense CQn}':llntes ~u. I oug1rt to ViCe President intendS to reduce tb& Ptesidexlt nor our lllill ant1-1ntlat1oo So \te to stop clefendJ.Dg your country, 1:~r vitll people ad atratnts upon blisiness and esldng polic:J.ea. tbe 8JIIO\lDt ot eocmitment in !i talkh~ tha~'a contracts, but 1 t al.oo includes1 U of the o:r tbis totel. ibtleral 7or& blul to 1%1 this ~ haP- QoDsultat.iOIU C0116ultation. t.bere 1 onq 24. 1ll.io.n ot tbe vl'lole ll2 ~& Scae~ ar friends, 0\ll" Uves are Just vt&itiJlS gove:nD~tnt drive.. with tbe tara group&, w1t:b t..Ae ttlDg s~ to consulted vith ~bus~ bus~ss Dlltl; 1lt of tbe t:be e~t on llish .rate of aeetde:nts. to~ after it 1 vant to tell 70\11 pe ~ 1%lstitutts~ tbat pel'SOD ar t.bat peDS to be the govel'l:IDeDt • labOr :ve tv art ers in eveq n«r. to:r tbe D.ttr1 1n t.b1a 1natanee1 $C111e'boq baa ~- 1 aDd tbm the me.n expected. pMbleJa 1& sa:ret.111e tbeJ don tt. tbe vebicle be 1 t at ration ot drivers. We 1 a to sate tbe :tn dri~ t.llat*s to front. 1n a better tb1 b1gb.- w t ve •re tJ.71ng to o. And t •s 11lent slde • lov p:IW'er to b~t to this <bunt%7's to pay 1.1ltere t bonds. naose bond$ bave to be good. aeeurit7· on Q:wertl'll&llt. bonds .. u :wrn-k 1th~ uy tbem own 1$ ~ 24 b11Uon do~- ·25-'C ttea br lav tbet is trrevaca,ble . So, vheJ1 i bear people &S$J VBU., u ousbt to cut tbo.t bua.set. ADd l got a lette-r tram a tell.ow oue ti:E t 1t 50 bUUcm, aDd t sai4 v , ana l3te ~ee a vetel"'ll, sa1ds well, U ~ 're 1 w hav '& t.lle c 1 chtlase 11 tile 1s.v or CQQsresa t Ills :N.cord vas. AM vas thi& tbat and t I th1Dt JOU OU8bt to kDov tbe:t tim c-.ltuen\6 em Veteraaa Compe tU 10\1 Cotlgred tol4 ._, t1cm. .a.ad )'011'4 ba Can't touch t1aet1 to talk t.o t1ae about tlaat. 1tle ~ !dent 3ust. reeent13' vetoect aa ina~ polley tll"ana tor the J'aderal empl.o,ee&1 as you koor.J. We ba"Ve certailll:lliOUDt of interest tbat debt; tlQd I'a s ,ou vouldil 1 t waut to be the first to default We bave certain 8110~ we have to pey on tbe ptbl1 . GoYel'llllC!At o£ ita interest M'Jiel-'ts. ot mo.,. t ve s~ •~ to put tnto enttre e1V111an apeets of tbe ·261 ~1 Eve~ I vant to sq this.: cle;pmis on the bealtb of tl.Us eeonom:r. t 1D (be world ®&1 ,Out" fellow ee~ c>t man, or you caa htlve eood old u Q\tl'! . ave CU. ~ to 4o ~ good 1Jlteu.. :rou can 'be tilled ~ vitll ~loG $ld love ct _ f.tag, bllt it'll mlt\ wave You erm that we o·\Jt~ sood1 d~ DO enougtl to f'«s~ UODe ~ -ricu Jatrtottsm •t.oever, tile ~ ~ of tbill tb1s ~t Stoeiet7· lbw1 we itdn •t ask to ~ res~U1~ in tttts vorld, but, e 1t. Ana I t.bt!lk ple1n talk SA _ . 4 nth 1004 eitizeas. tltlere Ul vv be aJld ~re nevel" baa been a per vacumn in the worl4• A.u4 rt1f ~ riOSUS 1 if JOU are' I1Qt VUJ.i!l3 to Jt8¥ tbe nf.ce for AIDerie&.n llow le~p tt< .. on 1n ~l'e·n a tro~bled worl41 tammmist lea.W.u".s are w1lline to a aectr.tty pp in tb1a wrlil tbo:t v-e•ve ba4 to i-t vae JA ~ &at it. atiU i1i tm.. our· pave;'• ~ ~ IUiQ we <le11'elope4 st:ons Dntrlu: to tbe at4 taldns over ~ Mret t, bllt mu.eb less no; and at tJle eDl Of W<rl4 War D we bad to :tt1l tba.:t oeellrlt)' p.p vltb. OUt" n1 p.G,7 ~~ w prom\ll..satei ~s, otUr the or ~ce aac1 ~ ntJd stopped UJe CorauniGto :d ·~. We 4\wel.oJe(l tbe al..lU."lee <mlled Oeate.J 1n tbe M$Mle East, tor secur1~1 m ·the Hl44le Esat.1 sad tbe ~ts MH not taken ovvr tt. .Ml.4d1e l"Aat. \le &weloped the AUitlllce tor~- att4 . ~iGSD1 eai we b.6W COlll'dtaneato trate t'bat area ~ Ctlbn, ~~ Rio Tre&tr tc1r Jatia too; and tll!!lJ''ve tried tope..,. ~If~) ~ in CUba. Castro t~ 1s an !Gelated, forlom, neurotic .. 'lbere •s ~ e, senq,r.tv liPlP tu better than the wOtld ~ Of 4U Cb:l's ebilil'Fen Uve ill Asta. ana one· ot ell of awltind ~ t~ 11~. ts 1Q A&ta ~-f'!Nis 0Z tbe ereates.t. ~to ,.a~ ftnd.:q ·27 secur!tr t.od.tv' l1ll4 democracy 1 .ArJd thrlt. rour 11te Emtl tbis f'ree enterpris e qeterll this 1n Asia • w re f'Uling thatt securiq saP• If of' Ctaam1 t tb1 Dlt ill Asia, ana ul4 1QU :vUl ~ if you doz:a 1 t want to do of' tbat lll1Dd. I can asaure 7tJU bappy to do 1t1 theil' 'Vf.q'j pr~ O'amvrtst tld.•· :t the Soviet Ulio • ism e · t.Datiou of non•O:Irrnun!st tree nations todq 1D Asia otand1DS e.:1.oDe tllat is s'b'orlg eJ:lOUE!tl to hold baclt the UllbeUt.wable ti4e ot tnaan1 t7 e.D1 pou r that can cane out so, qlt Oaammist QW~a. we have stepped ill to f:lll Hdllippi aes rigb~ wbat P.resiaeu t ~0$ called the other day tbe -ci.rlty SJlP• eo trie:s, tbeae llOD-CcllauDist countries 1 can get ~ILT+'h 1 rorees to ends eeo110mie to p-oteet tbeir own 1 Gt tl'le ladies and ~s.SJ CJ:3e tattl .,.__~r,. stability , can build oqp their own oaeurtv. ntlemen, it coats Dl0Jle7• It cost e. lot ot ~ e n tbe role of orld leader. We are tbe orl.d leacler; ver ignore it. LlDCOln once sat<l 'll e can 't t of tbeir ~ lose or ~ eave tbe lut best hope on earth", an& t•ve trawl.$1 arotm1 tbt wrld a sre&t &m1 - I tve bee:a into Asia t.\lre t:laes .since last n,ceJ.rlbe:r -and tbe .p eople tbere look to the tltd.ted states. 'lbe7 doll 1 t look to us f - -.... - · An a utter Of faCt o•;re. etvirl6 Jlational produot iD tore~ aid tban we tar less tod.lq ot our gros ve in tbe l&s.t 20 J'ftl"S• te give uch a small pereentaa e Of 1t1 it' .relat1ve4 " iml1p1ti eact. :t tbey look ·to ua for is lDpe and proteet1o n; a:Qd that 'e Ybat tle Jmllti'1can position in the world iP )'OU before: '!bat 1ibttre t.bere De'ller will · • aDi ~· Aud I repeat vbat I've neve:r been a power vseunm 1n tlle world Gl1d It ve 're uudJltng to tult1l.l ur respoaai'b 1l1Ues opportUIU ty at Yorld leaael'Sln p1 rest assure taiet in veurt areas 4S. tro:"ld tbere are otller torce• \dllms to do tt. liDai~ wbat ol.ild ba.ppen in em rcss l.a~tn r au ecoacaic 14 a.a todq it the Ameri. lmll!r.n<:l!m .~-v.~ tbe Jo ? You tbtU t tro•s problem! tou'd he:v1 1t 1n eount17 fter ~· have rliD three ve not we not ppened 1n t~ 1 tJd.Dk :ve S&1d, you been t S.a 'a tordq ~..-.. hat vould have baPJtJene:4 111 l~71n tvo-t.btr4s ot Qre ee 1 and 1Ddee4, tvo-tlr.tl'da at tbe C1ty o't Atl- in 1r so-ca.lle4 ot Uonal. ~tio • t ~ tbe q ntl:olle4. Vte~ ot a • 1bq soYel"'l!letlt ll t-1llles in 16 mDU'la. tt ,.ou t:l:a:J.n'k t.here 's stability -- 1Ds't$bi11t~ 11l litt tour t aove bit. to Ule t pe t ,ou tte , aa1 tbe tte<l.1 to adwmee ~1 cou.uta':f 'b7 ~ uto stafld,. :t. ion 1D t.be Beate on one attel'DlOil ol.l.ers r.noon beea cause our ~ colle4 teneee ..a to eou.\4 over & t!.mes 11 tJ:1e7 In 1961, leat ,at&' of tbis to • t a orld var .. tJ.l.om. n ve voted en ot tbe ~ sioa un1e d 1s tbe Be $414 tbat the Q:amtm1 am ~....,.. tn · 1"l.1n on a; ~ ~ bew \lbat 1 kllOW $11 we bad to or t-teA, Jobla eent tbDwl!nds \1 fcnees ot •C8UD4! iW1'1®& ot the c1s1on. 'fkrl7 ~1~~ pieee l.\1 piece. knarl; aa Greek • ADl. urwm sJJe.U oot uot of ne:nt bUUo troopts. , l t JQUr t ~.. I was tioDal. six billion Un :tor def. · not. been tende4 to thereJ ut:te ~,. · tO'// ot time. nt ~r 2SO t.blt.U»md ~nen to Europe. ltDtf oue ~ +~$ ·29deeisiml& could bave bee:u be war. atood 1"1lDJ t ADd the on:t¥ reason tllere at tbat 's of tbe ODe ~aec:ms, I $1»ula ' Caatro•a Cuba: lh took over tllat ~ vitbout Jaeb restete.noe on our • Be sat it w n Ju$t tor tbe people. tben after eot eonl be • revol.uttoth And e•ve bad to spend 'bUUmm be AM in 19()2, 1u t all, t..h1& nat1an posstbUity" of v.t vi •a talked about Aud • staent l'eDDeQJ' 1 I kDOV. ean, eel to and C3l8 back to port of his of that. to fa@ tie Soviet ll1101:l I w s ill tM , te Douse, rq eats, • lbB}lbrey reeall.Q when I I"ecet w~. Anc1 I vas one or eol.led 1D :for COUD.Sel. wue wiw.n hours or And -I,ICW. 11ar, t~twleet" u.t ~lear war; a~ eveq one end our plaaes Wft loaded, aDd t.~aey tkdted Ste:tes, ~ tor tille,; od . • a little old convei)- ot our usiles vas alerte41 :re di&penJed t.!u'Ougbout t1le lDOVed our fleet to tlae Ptmama Ctulal1 11e Of1r11e4 JPtiee .... Get. Ollt .. And W !Wd.ta Kruscbev not have: lef't1 I <!olltt kmv vbst have to tbis as be t ~ ric tal.l.ing 1 bu we ere o\114 pared :"or tbe ho.l..oee: t 1 could be with m1111ons or 11 e 4t stake. 'fou t.h1nll Job.:n Kenraedy vatrted a war? You l.maw better 'tha.u that. D.tt he .kuew e.&ld you kDDV $Dd I know tbat it 70\1 let tbe aagreas02t1 or if 100 let tyraaaieal powers use 108 nt to ga1D. at o asgre ion as p-.>11 t1eal. tbe1 obJectives, the.re' no ~ce to ld.4e.. ~re 1 s nopee.oe. So, :rour laer1 vi weapo toclq Just mis-siles aDd plaDe • • I'm Q:wil'IIU'l of G to be strong. z• ~at ;you eu 't be Bt%'008 been out to see tbe new atomlc Counsel, !Ember ot tbe liit1QQ41 ·30. Seeunty -ch\maU. It ta.1lle Vi tb 1r I ba'W! visited our- pilots. I' ttletield With them. IIDB-t ttorld tbat. w1l1 ve And I c no respect f ~ been in Viet oa.use it it doesn't, there &tl."oDSJ ewrs base • ,our Countrt bas. l've bee out on tell 7011 tb&t America must stq ~ evil fQroes. at wol'k 1n tb1a your kind \lal'ds OJ' ~ k:J Ddl~ - they'll move, am tbe7 are ~ So nation r.teed.rJ to bsve a etrc:llg eollOID1 to s its oversea& ibuttie .. Tb1 nation needs to bave tJtroD& ~ 1n ..Ame¥'1aa to poasible to~ 1l20l'e aDd DDre oZ our people to participate 1Ji t!d.s tteOilOilJ',. You. can tt ve tro1.13 ~ overse with ve America . t a4mon1t1 baaae. You po C~.U~Mt rv, :ve au ~ Oft'r t.bere - not overseas t J.a eucee•sful.l¥ tisllt it Nil. to those ot 10U having deep religlo fllt remtl!rhr.r what 1\lpe ~se ~ f':l.a~Jt!Qg re .. eonvtet1on aDd a»U"lt l XXIII sa14 1 aa:l l: I'm e.bOut to repeat - the wu on Ueve eftlT rd ot r'Wbe.re tbel'e is coastant vtmt ~ there 1s no peaee. ' ill tbe vorl41 world JlOV sa:td t e~ Qld,71ti1Ql leader 1n tile greatest t.1l'te :t to vorld peaee toc1a¥ is wot'ld rt7· •re nc>t Jttet out feedins So dott.G 1o ~ana~ tree rat!oll. lot ot lbttentots. \~bet. ve•:re tbat tbie #lleriea of ours ean survive as e ·~ ~ to make 1t posai !le tor what we bave re to are no lo.upr ben1.ers, tbeJ tre brideea• .And UJat · se akies ere tl'attie and that the ~ 1a l'Q!lB] )er every dq1 and the cla¥ ot tbe Sntereontm entel ball1otic uUe has l184e us onq 15 to 20 minutes f.rQ.n ou.r ~st e~. .ADd tbat tbe po~Jer O't clestl"U.Ction is le~~~1c:m.- So w. tU"e ~ng &\Y in aD£1 aa,- out, You kn:lw1 it's so eaq to debnte and wben you~ )'0\1. ba.'v'e ~ tHseuss.. &It tlle tbat hOUl" in public lite ~ PreSident vhen you itave to d&cicla, tmd ~ to ~ a (teeision" t1:1e7 ao, and ~ w mJd tlese 6l"e tougft 4ea1stcms. neea eca«emlc ~ peQple ~ Cd t.hat • ~om, ~- dw we 1'lt'le4 f'fte tl»tts wbJ we eed w protect. tile lfigbt ~ t bis &rouiollG ~ 6~ pu;t \lQtler the Well, l&.diea a.ua or p;blj.e p:re~ious ria,b:~1 ~~ &:me so tme1t ten! U. ea'®-e of vo~ld rigl)t, beea:w~~ ~ am\ need to be ~tiOJta 9J&m •a never 'been a peaOQ km:lw ...... f'4 41~nt1 1J.!Ie:re'~ n'tl.emea11 I tld.llk ft•ve 4ctle quite wll. mvs been a couutq ~ tbat • \4\Y ve p-e~, and even thou&h 1t 1110' at titles ir'ri.tate us, i it 1s a one 1s never qUite bette:- tblm as ours ~un~ tbat •s 'aete 's aemr been an eoolll'JmiQ s.ysteJt that baa ~d u 1'll8l\Y 'benefl.ta to a; MJV' people, flli4 Vbet t.a letrt. a£ all is tbat eve in 12ttG Qreat period ~ prosperlty-1 11ave &t:tl'.t t1:&e least of ~ Qe help. tbe: n a~ ~ea a:trora to Of load. Dtta te e~sive ~s:tlttll Yo:tk ...... ot it$ ex~"e~ people unnbl.e to And t.bell one and doeGll't come ba&, eild be leaves it•s mt bet1;.er to 11t13 tor the ~business, 'bt eve~ o~ ~u fellow's z•w all aat a ~ parttet~ .. csnmt. eal11 wu. lbl 1 tbat 30 dol.lar ~sixth, tbt~s bleb• treat .. d ~ I dan•t th1Dk ,.OU't'e' helpina btm. be a wt of~ hfab~t, su oZ ,.au, lttd it's :re~ SDf31£, lf'... ean.,o:v· tbeb" fn!r slau"e like gotng into oaa re~ant1 ~s.:nt, tit wld.eb ,.ou are a ~ ~itizea - '*:t horne. 1CJU WSDt to be l&el.ped. AtKl ~ fU"e to do 'With sotiflnal.iam Oll' 'W$ it and We haven't ~~ &~ tJJe ~p't~ nat to 'be pitted. • Sto:tea ot ve pave~ ~. Atd tlr.ts isa't ~~ CODm'!~· ot ell rislatt I thtds: it'& -32- ao, v •re to<la7 at1Udng ·aad investUig out we' ama it. ArJd I Jmow JOU totes. tou. be · ' v. . 1nG r about about tile miatakes 1n our tore abOut the pol.iq. l'o11*~ al• COUDtr;y that f 4J De''Vel' beeD ble to do ...... to saae people -· ~ but ma1te Jlistek.es 1 s.~ todq aJ14 moat b1 erM n&t1oD OD tbe .fa~ tio • I etten ot ~ htJv ve 414 it if Its tJ:e earth? Uv1l'l8.- :ft& ch1 Ja:re t ~ of m1a ea 1D our m.Uttaq policy. Yell, isn't it mt... t.Jaat 8Q 1n d\IC&tiou 80\ll'Ce t.'b! r1 st ople have tbe ot :ve t,b, beat eve~ n.g eauce.. w Cnar.lof'o-use • ) 1 qt.Ute ~~ I tJa1Dk m1J.) takes but we • •ve 4oue l4w 110\1' vi l)l)t its dou•t ant to waat to be ~ ib1llties 1n Ol'J..PC;ll"tUDi golden troubled wcwld. :p?rttmity 'tat' lbtJltJ:C ie wol'SO ~ataes 1 aDA to bave vasted sa people. Alx1 wet Plas or vba:l ~u look :t 1t, and 1t 70\l feel. as triOt •. I 4ml • l'q 6P around ing able 011 eartb. ASlil wbeD to tbe stUl lUrie at to be quical. tear 1n ,.our e,e Uaited 1 o, )'OU aal.llte been - t l'la aG unabuhed l do.D 't th1Dk 1011 ]tU'Ove fouraell' to be an you cube eihlcsted, l tbiDk ~ Uf'e t .. st bope r to baY BotJl1J:lg could be WOl'liJe t'baa to CIUle4 to d.\lty an tae last I sbil'k. We 'a D)t u tale aatioll i'Jiat waa ·UD.WU11ne to ocept W bave tbat Ol'P)rttmiV as a ~ttOJt 1ntell.eet e~t t 1tmw%l s t.J.IJ :poUeemau ot tbe vorld. llJt lleel1 ealled to dut7 and to have tailed. g1VG maae tbat J'OU v11l keep 1n 1II1D! tbe uat1ou doea bave reap;mstbUit:Le s tbat it we do We've learned f1oaln trial and el"l'Ol". So, I lea~ JOU va.r:rS.m-s. wen. :tes. :t tbllik 10Jl car~ be tntell.1.pnt, tilled vith tile l"idD:Jesa n JOU PJe4ae tbe AUesSance •33-look t it, Just ~r this 11mt it ellCJII1.PG&aeS h~ ot tbi Republic wii'Jl all of its patu _ sorrov, And !~ wttb.tn vttb all ot 1ts achievement and slor.r; Wt if' :ou. t.l'Wlg to J0\11 ,.au vJten 0'\SSbt to <:a, I kmw tJ.tere •s ~ m"tl GtJJ~e f. t ~ Ibt. I 't hUe, tk&ited St tea, tbert tl\ink1n&; :J.t tq> ~ar , tooJ vbe u pl.ea11e, abOut o11t" occast~ tbq tory. of tJae future. ~t tar :t ve ADd be proutl klerleaus err on have the i1aa J,ng about 0'111" past slorY~ not a.on• let tbe first erit1e course- we' U e t huDdl'ad$ ot =Ulions of people 1n Asia It repl'esen ts f'or thea all. A t after Jla.Vlng been Ul tbia llf'e -- about tllat tbis is the prca1 justice :J.~. dOll •t have tc iP oveme _£h .rica ud tmd latin their hope are trained to do to teetity public lite qUite a J¥lt eve vwld O:JDurd $til tbat spit on it, and I '.ibey' +Jlat do it ot ot - agitators that tbrow rocks tbrousb our embass," Y1ndove. hired to 4o it. and Afr1 be eroUDd 1Jl ot'be~ parts s by. tlag there are a tbat .Flag meaJQS It bG c1v1 tli~t ~tj} t.{) y':re tbinldag tbis F1ag re Dts -- l4bert1 4od leeders aD! ot JOU dissuade you. Ot eouree we tU $taDl e mtsea.leu laticJu on • D.lt I remind eause of rou mtion t ~ m, and part o the wo;rld. And e.s J.cms u the <~oienee ~ not atrl COIIi:d. n to ~, •re doins ople ot rtea it~ ~ And in the lie 're in other rica -.ve a seae we, U eont.!nue to tid s of Mstory am not on tbe ·ide ave of t.b9 so much tor so lilited Stete& ot t at give do it. ot the Ccunm1 st.s. ~':te tuture. ~ 're t11e ~s am tile baek.vater o-r tbe ·~ pe.ot.. 'lbe mre of r Jbst in on.r ople ~ w fUture is Jcertca1 e!.d what thls treea nal. election. pursuit o.f bappibes • 1st revol.ution• t' it and ·ten:l \W for 1t. ,.ou 'Vel.7 much. • bst A Q:alnmitJt ttons ne r • .And I V® . elecU t to have lite, l1~1 and Aa't tbltt 'n our revolutiOD Ol.IX" Y t:ountrt atant'ls s~at tlet •a not the t ve pro1td of • f Minnesota Historical Society Copyright in this digital version belongs to the Minnesota Historical Society and its content may not be copied without the copyright holder's express written permission. Users may print, download, link to, or email content, however, for individual use. To req uest permission for com mercial or ed uca tional use, please contact the Minnesota Historical Society. 1~ W'W'W.mnhs.org