If America reaches the moon in this decade and is the first to be there, it will be due more to Wernher von Braun's efforts than to any other living man.

Our meeting has been most successful, our experience has been quite stimulating, and we look ahead with optimism, hope, and belief that the time will come when all peoples in all lands can love thy neighbor as thyself.

So this morning it is with a great deal of pleasure that I present to you the first citizen of the Federal Republic of Germany, the Chancellor, Mr. Erhard.

Gentlemen, I know that you will want to join me in telling Chancellor Erhard how much we appreciate his coming here to the United States at this time.

It is with the greatest pleasure that we bid you welcome to the United States and to my home State of Texas--as a good friend, a great European, and as Chancellor of the Federal Republic of Germany.

It is my purpose, and I am sure it is the Chancellor's, that the close relationship and healthy friendship that have developed between our countries over the past years will become ever closer.

The judgments we make here today will serve us well tomorrow.

The United States of America remains committed to the great peaceful purpose of freedom and self-determination for all Germans and for all men everywhere.

The Federal Government must be a model of competent and efficient management, with economy the watchword, and an end to waste our goal.

Yes, it will be the budget for next year; the steps we have taken with regard to effecting economies in the Federal Government; the ceilings that we have placed on each department; the new targets, the goals that we will have; the economic conditions that we anticipate for next year; the general intelligence developments and information from throughout the world.

I have had extended conversations with Mr. Hoover, first with his son who talked for him over the phone right after I took the oath as President, and later with President Hoover personally.