If men and women are in chains anywhere in the world, then freedom is endangered everywhere.

We have the power to make this the best generation of mankind in the history of the world or to make it the last.

We are not afraid to entrust the American people with unpleasant facts, foreign ideas, alien philosophies, and competitive values.

Freedom is indivisible, and when one man is enslaved, all are not free.

Budget deficits are not caused by wild-eyed spenders, but by slow economic growth and periodic recessions. And any new recession would break all deficit records. In short, it is a paradoxical truth that tax rates are too high today and tax revenues are too low, and the soundest way to raise the revenues in the long run is to cut the rates now.

Few nations do more than the United States to assist their least fortunate citizens-to make certain that no child, no elderly or handicapped citizen, no family in any circumstances in any State, is left without the essential needs for a decent and healthy existence. In too few nations, I might add, are the people aware of the progressive strides this country has taken in demonstrating the humanitarian side of freedom. Our record is a proud one-and it sharply refutes those who accuse us of thinking only in the materialistic terms of cash registers and calculating machines.

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.