We stand today at a unique and extraordinary moment. The crisis in the Persian Gulf , as grave as it is, also offers a rare opportunity to move toward an historic period of cooperation. Out of these troubled times, our fifth objective - a new world order - can emerge: a new era - freer from the threat of terror, stronger in the pursuit of justice, and more secure in the quest for peace. An era in which the nations of the world, East and West, North and South, can prosper and live in harmony.

I think in defeat you grope for things that are happy, and it's hard.

As for me, tough duty though it may be, I continue to do my part for the commercial recreation industry. Fishing, boating, tennis, golf, running, hunting, and all of this. Horseshoes. It's tough duty. Somebody has to do it, and I'm going to keep on.

We also share a profound desire for a lasting peace in the Middle East. My Administration is dedicated to achieving this goal, one which will guarantee Israel security. At the same time, we will do our utmost to defend and protect Israel, for unless Israel is strong and secure, then peace will always be beyond our grasp. We were with Israel at the beginning, 41 years ago. We are with Israel today. And we will be with Israel in the future. No one should doubt this basic committment.

We sue each other too much and care for each other too little.

Going in and occupying Iraq, thus unilaterally exceeding the United Nations' mandate, would have destroyed the precedent of international response to aggression that we hoped to establish. Had we gone the invasion route, the United States could conceivably still be an occupying power in a bitterly hostile land.

We have a right to expect a police force that protects our citizens and behaves in a responsible manner... in the American conscience there is no room for bigotry and racism.