And there is the matter of abortion. We must with calmness and resolve help the vast majority of our fellow Americans understand that the more than 112 million abortions performed in America in 1980 amount to a great moral evil, an assault on the sacredness of human life.

The defense policy of the United States is based on a simple premise: The United States does not start fights. We will never be an aggressor.

Approximately 80% of our air pollution stems from hydrocarbons released by vegetation, so let's not go overboard in setting and enforcing tough emission standards from man-made sources.

Our military strength is a prerequisite to peace, but let it be clear we maintain this strength in the hope it will never be used.

As two proud and independent peoples, there is much that distinguishes us one from the other, but there is also much that we share: a vast continent, with its common hardships and uncommon duties; generations of mutual respect and support, and an abiding friendship that grows ever stronger.

Extreme taxation, excessive controls, oppressive government competition with business, frustrated minorities and forgotten Americans are not the products of free enterprise. They are the residue of centralized bureaucracy, of government by a self-anointed elite.

I am told that tens of thousands of prayer meetings are being held on this day; for that I am deeply grateful. We are a nation under God, and I believe God intended for us to be free. It would be fitting and good, I think, if on each inaugural day in future years it should be declared a day of prayer.