A great gulf, however, has been opened between man's material advance and his social and moral progress, a gulf in which he may one day be lost if it is not closed or narrowed.

Under this flag may our youth find new inspiration for loyalty to Canada; for a patriotism based not on any mean or narrow nationalism, but on the deep and equal pride that all Canadians will feel for every part of this good land.

If a man has an apartment stacked to the ceiling with newspapers, we call him crazy. If a woman has a trailer house full of cats, we call her nuts. But when people pathologically hoard so much cash that they impoverish the entire nation, we put them on the cover of Fortune magazine and pretend that they are role models.

The choice, however, is as clear now for nations as it was once for the individual: peace or extinction.

It would be especially tragic if the people who most cherish ideals of peace, who are most anxious for political cooperation on a wider than national scale, made the mistake of underestimating the pace of economic change in our modern world.

The best defence of peace is not power, but the removal of the causes of war, and international agreements which will put peace on a stronger foundation, than the terror of destruction.

No state, furthermore, unless it has aggressive military designs such as those which consumed Nazi leaders in the thirties, is likely to divert to defense any more of its resources and wealth and energy than seems necessary.