Some people wanted champagne and caviar when they should have had beer and hot dogs.

There is -- in world affairs -- a steady course to be followed between an assertion of strength that is truculent and a confession of helplessness that is cowardly.

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.

If any blame or fault attaches to the attempt, it is mine alone.

The hope of the world is that wisdom can arrest conflict between brothers. I believe that war is the deadly harvest of arrogant and unreasoning minds. And I find grounds for this belief in the wisdom literature of Proverbs. It says in effect this: Panic strikes like a storm and calamity comes like a whirlwind to those who hate knowledge and ignore their God.

The free world knows, out of the bitter wisdom of experience, that vigilance and sacrifice are the price of liberty.

If all that Americans want is security, they can go to prison. They'll have enough to eat, a bed and a roof over their heads. But if an American wants to preserve his dignity and his equality as a human being, he must not bow his neck to any dictatorial government.