A nation that is afraid to let its people judge the truth and falsehood in an open market is a nation that is afraid of its people.

I look forward to an America which will reward achievement in the arts as we reward achievement in business or statecraft. I look forward to an America which will steadily raise the standards of artistic accomplishment and which will steadily enlarge cultural opportunities for all of our citizens. And I look forward to an America which commands respect throughout the world not only for its strength but for its civilization as well.

The Federal Government is the people and the budget is a reflection of their need.

Let us resolve to be masters, not the victims, of our history, controlling our own destiny without giving way to blind suspicions and emotions.

Some of my colleagues who are criticized today for lack of forthright principles-or who are looked upon with scorn as compromising "politicians"-are simply engaged in the fine art of conciliating, balancing and interpreting the forces and factions of public opinion, an art essential to keeping our nation united and enabling our Government to function.

I think we're going to have to do better. Mr. Nixon talks about our being the strongest country in the world. I think we are today, but we were far stronger relative to the Communists 5 years ago. And what is of great concern is that the balance of power is in danger of moving with them. They made a breakthrough in missiles and by 1961, '2, and '3, they will be outnumbering us in missiles.

There are risks and costs to action. But they are far less than the long range risks of comfortable inaction.