Ronald Reagan: “I have this evening accepted the recommendation of the Committee for the 50th American Presidential Inaugural to cancel…”

I think he recognizes that their massive buildup has been responsible for the great economic crisis that he faces there in the Soviet Union.

Let us remember that the Soviet preponderance in military power in Europe remains, an asymmetry that offends our Jeffersonian senses.

We must and will dedicate ourselves as a Nation to continue this effort, and to stand in solidarity with those who resist, until the blessings of democracy, freedom, and respect for human dignity are assured throughout the world.

We have walked a long way together to clear a path for peace.