We are especially honored to have a visit from His Majesty, and the Prime Minister, His Majesty's son, and the members of the government, because Laos occupies a most significant place on the world scene.

Chairman Khrushchev and I, meeting at Vienna, committed our two countries to that objective.

I do not see anything abstract or academic about economic growth.

There is nothing theoretical about that.

Members of the Board appointed under Section 3(a) of this Order shall serve without compensation.

The Medal of Freedom is hereby re-established as the Presidential Medal of Freedom, with accompanying ribbons and appurtenances.

The Board shall screen such recommendations and, on the basis of such recommendations or upon its own motion, shall from time to time submit to the President nominations of individuals for award of the Medal, in appropriate degrees.

A chairman of the Board shall be designated by the President from time to time from among the membership of the Board appointed from the Executive Branch.

The Army Institute of Heraldry shall prepare for the approval of the President a design of the Medal in each of its degrees.

The United States would review in advance with Venezuela such substantive changes in the oil import program as the United States may contemplate in the future.

In conclusion, the two Presidents expressed their gratification at the opportunity thus afforded them to confer together in person.

Venezuela has been an essential and consistent supplier of petroleum to the United States and to the free world in times of peace and in periods of emergency.

The two Presidents considered carefully the ways in which Venezuela and the United States could most effectively further the objectives of the Alliance for Progress.

I take particular pleasure in welcoming you to this country.

So, Mr. President, we are, and everybody in this room are, great admirers of yours.

And you have been selected as target number one, not only for the dictators in the last 2 years, but also by the Communists.

It is a great pleasure to welcome you and Madame Betancourt to Washington and especially here at the White House.

We stand with Venezuela, we stand with you, in the fight for freedom during these great days of the sixties.

So, Mr. President, you are a welcome guest.

Your visit, Mr. President, is a welcome reminder of the unfinished business before us in this decade.

Mr. President, we want to welcome you here and I want to assure you tonight that you are among friends.

I hope that your visit here to the United States will remind the people of this country that they have a good deal of unfinished business in this hemisphere.

Now we have turned our attention, in a way, to Latin America, but we turn it somewhat late and we turn it with some of our resources exhausted.

I am especially glad to present this first National Medal of Science to one of the pioneers who has helped make all of this new and exciting age possible.

I am pleased to transmit herewith a report on the water resources research activities of the executive branch of the Government.