The present tax codes inhibit the mobility and formation of capital, add complexities and inequities which undermine the morale of the taxpayer, and make tax avoidance rather than market factors a prime consideration in too many economic decisions.

Malthus argued a century and a half ago that man, by using up all his available resources, would forever press on the limits of subsistence, thus condemning humanity to an indefinite future of misery and poverty. We can now begin to hope and, I believe, know that Malthus was expressing not a law of nature, but merely the limitation then of scientific and social wisdom. The truth or falsity of his prediction will depend now, with the tools we have, on our own actions, now and in the years to come.

I hear it said that West Berlin is militarily untenable - and so was Bastogne, and so, in fact, was Stalingrad. Any danger spot is tenable if men - brave men - will make it so.

The guiding principle of this Nation has been, is now, and ever shall be IN GOD WE TRUST.

We support the security of both Israel and her neighbors.

We prefer world law in the age of self-determination to world war in the age of mass extermination.

To state the facts frankly is not to despair the future nor indict the past. The prudent heir takes careful inventory of his legacies and gives a faithful accounting to those whom he owes an obligation of trust.