Let us renew our faith that as free men and women we still have the power to better our lives.

But in the West today, we see a free world that has achieved a level of prosperity and well-being unprecedented in all human history. In the Communist world, we see failure, technological backwardness, declining standards of health, even want of the most basic kind - too little food. Even today, the Soviet Union still cannot feed itself. After these four decades, then, there stands before the entire world one great and inescapable conclusion: Freedom leads to prosperity. Freedom replaces the ancient hatreds among the nations with comity and peace. Freedom is the victor.

We now know that inflation results from all that deficit spending.

We could say the government spend like drunken sailors, but that would be unfair to drunken sailors, because the sailors are spending their own money.

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.

Greatest gift is human life and that we have a duty to protect the life of an unborn child.

The founders of the United Nations expected that member nations would behave and vote as individuals after they had weighed the merits of an issue - rather like a great, global town meeting. The emergence of blocks and the polarization of the United Nations undermine all that this organization initially valued.