The favorable interest rate of 3 1/2 percent on a long-term direct loan will greatly assist in providing adequate housing for our senior citizens at a price which they can pay.

But Mr. Nixon is not interested in policies of caution in world affairs.

We want to move forward ourselves.

I do not intend to let Chiang Kai-shek and the Chinese Communists decide whether our troops shall fight on those islands.

Should I become your President, I will take whatever steps are necessary to defend our security and to maintain the cause of world freedom - but I will not risk American lives and a nuclear war by permitting any other nation to drag us…

I regard this statement as a major document setting forth my objectives and program in this important new field.

I believe that we can meet our responsibilities in this area more satisfactorily than we have.

If we are going to live by these high words we are going to have to live it every day.

If we carry out this program for Africa with vigor and imagination, then I believe that we can begin to reverse the disastrous errors and neglect of the past 8 years - we can begin to rebuild the cause of freedom in Africa - and we can…

Our top military and diplomatic leaders tried first to prevent the buildup and then to reduce it - and Chiang at one time agreed to a reduction, despite what Mr. Herter calls' his 'almost pathological interest' in keeping the islands.

As I said in my speech, the balance of payments, as all of you know, on exports, was in our favor in the last 12 months.