Let a man or woman, regardless of his background, go as high as he can. That is the way to build a great economy in America.

We must deal too with the problems of our environment and with the need to assure that continued economic growth will lead to actual improvements in the quality of life.

We can now confidently say that 1971 is ending on a most encouraging economic note and that 1972 will begin as a year of great economic promise.

TODAY I have approved three important changes in the administration of the depreciation provisions of the tax laws which will:--help create jobs for the unemployed as well as young people joining the labor force;--promote the economic growth which is essential if this Nation is to meet its domestic and international responsibilities;--increase the competitiveness of U.S. goods abroad, thus strengthening our balance of payments; and--reduce significantly the complexity and uncertainty of the application of an important section of the Internal Revenue Code.

We have built a strong economy that has put almost 3 million more Americans on the payrolls in the last year alone.

President Johnson expressed his warm admiration for the significant achievements of the Korean Government and people in increasing agricultural production, industrial output, savings, and domestic revenues over the past 18 months.

We see a bright and thriving, modern capital-bursting with energy.

We welcome this 'mail explosion,' for it is a sure sign of our national prosperity.

We have been thinking small, instead of thinking big, about the use of our human resources.

Let's make small business one of the biggest growth industries in the country.

It has advanced the peaceful progress of our Nation and the well-being of all Americans by strengthening the growth of private enterprise and employment.

We have full confidence that the entire Nation will reap the profits from your achievements.

Corporate profits--after taxes--have risen 87 percent.

President Johnson specifically stated that it is the intention of the United States Government, subject to applicable legislation, appropriations, and aid policies, to help Korean efforts to achieve stable economic growth.

We propose to compete fairly and vigorously for the fast growing markets in the world.

We will maintain our forward momentum and capitalize on the very real gains of the past 4 years through further efforts to expand our exports.

But I do say that your resources, your people, your management, your faith, your vision, your 20th century methods, your modern ideas, your great electronic industry and other industries that are coming to Arizona—that you will be growing twice as fast as the rest of the Nation in the year 2000.

This is one of the most important issues of the campaign--whether the Government is going to turn its back on the mounting needs of a growing country under the pretense of a 'conservative fiscal philosophy.'