The Torch Has Been Passed To A

We Have Become More And More Not A Nation Of Athletes But A Nation Of Spectators.

The Very Word "secrecy" Is Repugnant In A Free And Open Society; And We Are As A People Inherently And Historically Opposed To Secret Societies, To Secret Oaths And To Secret Proceedings. We Decided Long Ago That The Dangers Of Excessive And Unwarranted Concealment Of Pertinent Facts Far Outweighed The Dangers Which Are Cited To Justify It. Even Today, There Is Little Value In Opposing The Threat Of A Closed Society By Imitating Its Arbitrary Restrictions. Even Today, There Is Little Value In Insuring The Survival Of Our Nation If Our Traditions Do Not Survive With It.

The Tax On Capital Gains Directly Affects Investment Decisions, The Mobility And Flow Of Risk Capital From Static To More Dynamic Situations, The Ease Or Difficulty Experienced By New Ventures In Obtaining Capital, And Thereby The Strength And Potential For Growth Of The Economy.

Let Us Resolve To Be Masters, Not The Victims, Of Our History, Controlling Our Own Destiny Without Giving Way To Blind Suspicions And Emotions.

I Believe In An America That Is On The March - An America Respected By All Nations, Friends And Foes Alike - An America That Is Moving, Doing, Working, Trying - A Strong America In A World Of Peace. That Peace Must Be Based On World Law And World Order, On The Mutual Respect Of All Nations For The Rights And Powers Of Others And On A World Economy In Which No Nation Lacks The Ability To Provide A Decent Standard Of Living For All Of Its People.