Thank you, Mr. Davidson.

These challenges give the picture of the America that we would like to be, the future we would hope for, the land that we want our children to inherit.

Our pride in accomplishment must not ignore the fact that our progress has had two faces.

I tell you quite frankly there are few events that give me more faith in my country and more pride in the free, collective bargaining process.

I prophesy peace is not only possible in our generation, I predict that it is coming much earlier.

Rather, we freely admit them, and we bend our energy and our toil to correct them.

Free and unhindered criticism of men, of ideas, and of institutions is the vital nourishment of all freedom.

But most of all, this agreement prevents, we hope for all time, a most crippling and disastrous strike in the railroad industry.

My heart tonight is filled with the pride that I hope every American must feel.

They will see an America in which no man must be poor.

All of these dreams and these hopes and these expectations depend upon a world that is free from the threat of war.

The terms of the agreement are just and are fair.

It is an effort to convey the spirit of all America to the visitors of all the world.

This is the face of American industrial democracy that we can proudly show to the entire world, that free enterprise, free collective bargaining, really works in this country.

Tonight the Nation can celebrate an agreement that has been reached between the railway companies and the men who operate the trains.

We have been more interested in the hazards of the future than we have been interested in the victories of the past.

I am glad to tell you that all of this is now avoided.

This is a good day for our country and our system of Government.