It is in that spirit, the spirit of '76, that I ask you to rise and join me in a toast to Chairman Mao, to Premier Chou, to the people of our two countries, and to the hope of our children that peace and harmony can be the legacy of our generation to theirs.

You must never be satisfied with losing. You must get angry, terribly angry, about losing. But the mark of the good loser is that he takes his anger out on himself and not his victorious opponents or on his teammates.

In ancient days, men looked at stars and saw their heroes in the constellations. In modern times, we do much the same, but our heroes are epic men of flesh and blood.

The student who invades an administration building, roughs up a dean, rifles the files and issues 'non-negotiable demands' may have some of his demands met by a permissive university administration. But the greater his 'victory' the more he will have undermined the security of his own rights.

We should set goals within the limits of our resources while working to the limits of our powers.

We, this nation of ours, could be the richest nation in the world. We could be the freest nation in the world - but only if the arts are alive and flourishing can we experience the true meaning of our freedom, and know the full glory of the human spirit.

The communists have lost the cold war, but the west has not yet won it.