When those who are governed do too little, those who govern can - and often will - do too much.

Our economic assistance must be carefully targeted, and must make maximum use of the energy and efforts of the private sector... Economic freedom is the world's mightiest engine for abundance and social justice... Developing countries need to be encouraged to experiment with a growing variety of arrangements for profit sharing and expanded capital ownership.

I've long believed that one of the mainsprings of our own liberty has been the widespread ownership of property among our people and the expectation that anyone's child, even from the humblest of families, could grow up to own a business or a corporation. Thomas Jefferson dreamed of a land of small farmers, of shopowners, and merchants. Abraham Lincoln signed into law the Homestead Act that ensured that the great western prairies of America would be the realm of independent, propertyowning citizens-a mightier guarantee of freedom is difficult to imagine.

A bird on a tether, no matter how long the rope, can always be pulled back.

Abraham Lincoln freed the black man. In many ways, Dr. King freed the white man. How did he accomplish this tremendous feat? Where others - white and black - preached hatred, he taught the principles of love and nonviolence.

General Secretary Gorbachev, if you seek peace, if you seek prosperity for the Soviet Union and Eastern Europe, if you seek liberalization: Come here to this gate! Mr. Gorbachev, open this gate! Mr. Gorbachev, tear down this wall!

Let us be sure that those who come after will say of us in our time, that in our time we did everything that could be done. We finished the race; we kept them free; we kept the faith.