And a revolution of automation finds machines replacing men in the mines and mills of America, without replacing their incomes or their training or their needs to pay the family doctor, grocer and landlord.

There has also been a change - a slippage - in our intellectual and moral strength. Seven lean years of drouth and famine have withered a field of ideas.

Now let me make it clear that I believe there can only be one defense policy for the United States and that is summed up in the word 'first.' I do not mean first, but. I do not mean first, when. I do not mean first, if. I mean first - period.

We must face the fact that the United States is neither omnipotent nor omniscient, that we cannot impose our will upon the other 94 percent of mankind, that we cannot right every wrong or reverse every adversity, and that therefore there cannot be an American solution to every world problem.

I not only could not stifle controversy among your readers.. I welcome it. This Administration intends to be candid about its errors; for as a wise man once said: "An error does not become a mistake until you refuse to correct it." We intend to accept full responsibility for our errors; and we expect you to point them out when we miss them.

When consumers purchase more goods, plants use more of their capacity, men are hired instead of laid off, investment increases, and profits are high. Corporate tax rates must also be cut to increase incentives and the availability of investment capital.

The science of weapons and war has made us all one world and one human race with one common destiny.