Some years ago a top Ford official was showing the late Walter Reuther through the very automates plant in Cleveland, Ohio and he said to him jokingly, "Walter, you'll have a hard time collecting union dues from these machines." and Walter said, "you are going to have more trouble trying to sell automobiles to them." Both of them let it stop there. There was a logical answer to that ... the owners of the machines could buy automobiles and if you increase the number of owners you increase the number of consumers.

But there are advantages to being elected President. The day after I was elected, I had my high school grades classified Top Secret.

Regimes planted by bayonets do not take root... 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, for the ultimate determinant in the struggle that's now going on in the world will not be bombs and rockets but a test of wills and ideas, a trial of spiritual resolve, the values we hold, the beliefs we cherish, the ideals to which we are dedicated.

In Israel, free men and women are every day demonstrating the power of courage and faith. Back in 1948 when Isreal was founded, pundits claimed the new country could never survive. Today, no one questions that. Israel is a land of stability and democracy in a region of tyranny and unrest.

We're resolved tonight that young Americans will always see those Potomac lights, that they will always find here a city of hope in a country that's free so that when other generations look back at this conservative era in American politics and our time in power, they'll say of us that we did hold true to that dream of Joseph Winthrop and Joseph Warren, that we did keep faith with our God, that we did act worthy of ourselves, that we did protect and pass on lovingly that shining city on a hill.

The dustbin of history is littered with remains of those countries that relied on diplomacy to secure their freedom. We must never forget . . . in the final analysis . . . that it is our military, industrial and economic strength that offers the best guarantee of peace for America in times of danger.

America has always been greatest when we dared to be great. We can reach for greatness again. We can follow our dreams to distant stars, living and working in space for peaceful, economic, and scientific gain. Tonight, I am directing NASA to develop a permanently manned space station, and to do it within a decade.