A nation's hope of lasting peace cannot be firmly based upon any race in armaments but rather upon just relations and honest understanding with all other nations.

The potential for the disastrous rise of misplaced power exists and will persist.

There is no victory at bargain basement prices.

Now all of us deplore this vast military spending. Yet, in the face of the Soviet attitude, we realize its necessity. Whatever the cost, America will keep itself secure. But in the process we must not, by our own hand, destroy or distort the American system. This we could do by useless overspending. I know one sure way to overspend. That is by overindulging sentimental attachments to outmoded military machines and concepts.

Fortunately for us and our world, youth is not easily discouraged. Youth with its clear vista and boundless faith and optimism is uninhibited by the thousands of considerations that always bedevil man in his progress. The hopes of the world rest on the flexibility, vigor, capacity for new thought, and the fresh outlook of the young.

Ideas more than once have prevailed against naked power. Guns and aircraft alone do not make a state powerful. Unless force is backed up by the will of the great body of people it loses its meaning.

The next time you see one of those squirrels go near my putting green, take a gun and shoot it