The Democratic Party has been realistic enough to recognize the kind of problems which are coming over the horizon in the years ahead, and has had programs and policies to meet them.

And we are coming back in January and we are going to start again.

I consider this meeting and the house of labor vital to the interests of this country and the cause of freedom in the coming days.

I want to express my pleasure at this invitation.

We can keep going by not merely invoking the past, but by using the past as a stimulus to the future.

We're unable to maintain the kind of high employment which we must maintain, unless you are making profits, and reinvesting, and producing;

In the military arena, the initiative rests with the aggressor--a role that we shun by nature and tradition--and our alliances are largely, therefore, defensive.

In the paramilitary arenas of subversion, intimidation and insurrection, an open and peaceful society is again at a disadvantage.

I hope that some of your most alarming feelings of a year ago about the imminent collapse of the whole business system if I was elected have been somewhat lessened.

I remind you of this only to indicate the happy failure of many of our most pessimistic predictions.

And when you do badly, all suffer.