Collective bargaining has always been the bedrock of the American labor movement. I hope that you will continue to anchor your movement to this foundation. Free collective bargaining is good for the entire Nation. In my view, it is the only alternative to State regulation of wages and prices - a path which leads far down the grim road of totalitarianism. Those who would destroy or further limit the rights of organized labor - those who would cripple collective bargaining or prevent organization of the unorganized - do a disservice to the cause of democracy.

And only the very courageous will be able to keep alive the spirit of individualism and dissent which gave birth to this nation, nourished it as an infant, and carried it through its severest tests upon the attainment of its maturity.

When written in Chinese, the word 'crisis' is composed of two characters. One represents danger and the other represents opportunity.

It is an unfortunate fact that we can secure peace only by preparing for war.

According to the ancient Chinese proverb, A journey of a thousand miles must begin with a single step.

I look forward to an America which will not be afraid of grace and beauty.

There is nothing more certain and unchanging than uncertainty and change.