This is one of the most constructive, and one of the most sensible, and also one of the most exciting programs that this Nation has ever undertaken.
Lyndon Johnson
The Public Record
Lyndon Baines Johnson was the 36th President of the United States, serving from 1963 to 1969. A member of the Democratic Party, he was born in Texas and began his political career as a U.S. Representative in 1937, later becoming a U.S. Senator in 1949. Johnson ascended to the presidency following the assassination of John F. Kennedy, and his administration is noted for significant domestic policies, including the Great Society programs aimed at eliminating poverty and racial injustice. His legislative achievements included the Civil Rights Act of 1964 and the establishment of Medicare and Medicaid.
President Chung Hee Park of the Republic of Korea arrived in Washington on May 17, 1965, for a 10-day state visit to the United States.
President Park and President Johnson reaffirmed the strong bonds of friendship traditionally existing between the Republic of Korea and the United States.
This is a time of change--broad, deep, and profound change--in the role and the responsibilities of all the news media.
President Johnson noted with deep appreciation the contribution of the Republic of Korea towards the defense of Viet-Nam.
I believe that this is one of the most constructive, and one of the most sensible, and also one of the most exciting programs that this Nation has ever undertaken.
We have taken up the age-old challenge of poverty and we don't intend to lose generations of our children to this enemy of the human race.
President Johnson praised this achievement and expressed the expectation that this agreement, when completed, would strengthen the free nations of Asia.
Five and six year old children are inheritors of poverty's curse and not its creators.
President Johnson congratulated President Park on the progress made by the Korean Government and people towards stabilization and development of their economy.
We have not forgotten, and we shall never forget, in America or in Korea, that the price of liberty is eternal vigilance.
We welcome the talent and the enterprise and the leadership of your young people studying in our land.
In the first moments of that dear and present challenge, the United States moved to stand at once at your side--and there, Mr. President, we still stand, our sons and your sons stand together guarding the peace today.
Mr. President, it is a very happy privilege for me to welcome you once again to this country and to this Capital City of Washington.
Our resolve is firm and our resources are great, our faith is unyielding and it is unchanging.
The enemies of peace and the foes of freedom still move in the world now, seeking to impose their will by aggression and subversion.
Korea is making progress in its struggle against these enemies and, Mr. President, we stand resolutely with you in your progress toward self-sufficiency.
The tax on local and long-distance telephone services, which I propose to reduce from 10 percent to 3 percent by January 1966, and completely eliminate by 1969.
The tax reduction I will recommend will be another major step toward greater purchasing power for individual Americans, higher production and more jobs, increased initiative and efficiency, and a balanced budget in a balanced economy.
I designate the hour beginning in each locality at eleven o'clock in the morning of that day as the time for all Americans to join in prayer.
Those who use our highways, our airways, and our waterways should contribute more adequately, and more equitably, to the cost of building and maintaining the facilities provided for their use by the Federal Government.
It will reduce the burden of regressive taxation on low and moderate income families.
This reduction--more than double the amount that I recommended in January--is possible and desirable because Federal tax revenues, responding, we think, very strongly to our expanding economy, are now expected to be about $1 1/2 billion…





