I realize, too, how highly we prize freedom-when we send our young to die for it.

I want 'Cost Reduction Notes' to be read widely in every agency, both in Washington and in the field.

It offers the private investor an opportunity for sound investment and a fair return.

A good idea from one agency should not stop there, but must be made known throughout the Government.

It benefits business and those of our citizens who are helped by the vital programs made possible both by Federal and private investment.

It makes more effective use of the taxpayer's dollar.

I want the best ideas publicized for all to use.

It means the American people are $3 billion better off.

I want every Government employee to think hard about opportunities for cost reduction.

It is far better for the Government to mobilize private capital to these ends.

Federal lending neither can, nor should, shoulder the entire job.

To create fuller understanding of the opportunities and benefits to community life which are provided by State and municipal bonds, the Congress by a Joint Resolution, approved April 16, 1966, has requested the President to issue a…

Our urban population will double, and the amount of land falling within metropolitan areas will also double.

In this short time we must virtually rebuild the entire urban United States.

These bond issues represent local initiative and local responsibility in meeting pressing community needs.

Over 70 percent of all Americans now live in urban areas.

One of the most effective tools for financing such growth is the State or municipal bond issue.

The two Presidents were pleased to note the progress achieved in the acquisition of lands, the transfer of residents and the construction of installations provided for in the convention for the solution of the Chamizal problem.