With everything that deals with your money--your pocketbooks--and the economy of your country, that Government tries to be conservative.

Here you are, an old General, trying to turn politician.

My friends, to join you in so important a ceremony--here in the heart of the Pacific Northwest--is indeed a privilege.

These believers in centralization fail to warn us that monopoly is always potentially dangerous to freedom--even when monopoly is exercised by the Government.

This program, as all other programs in which your Government engages, is designed to benefit the United States of America--160 million people.

Abraham Lincoln put it better than anyone else has done.

That, I think, sums up in about two sentences the philosophy of the Government you now have in Washington.

Where local enterprise can shoulder the burden, it will be encouraged and supported in doing so.

General, we have got ourselves in a funny fix.

It is not properly a Federal responsibility to try to supply all the power needs of our people.

Certainly it is that whatever we help to do engages our attention and our interest more deeply than those things that seem to us to be free and to come without effort.

Lincoln said this better than anybody else.