I see an America where bicycle paths, running through the hearts of our great cities, provide wholesome, healthy recreation for an entire family.

This Commission will:--Provide a creative and helping hand to State, local, and private groups in their commemorations.

I believe that we can avoid that fate.

The Bicentennial Commission will help us commemorate the American Revolution with all the dignity and spirit it deserves.

This administration intends to be a conservation administration.

I want to be judged--as we judge the great conservationists of yesterday--as benefactors of our people and as builders of a more beautiful America.

Nothing in our proud heritage surpasses the significance of that great struggle for freedom nearly two hundred years ago.

We can't leave it as we found it, but we can improve on what we have.

This is the great conservation. This is the way that we must go.

We must never forget Thomas Jefferson's proud and confident declaration of the meaning of the American Revolution in the whole long sweep of human history.

We must meet the heavy demands of our military and economic effort in Vietnam without losing our momentum for social progress here at home.

I am proud of this choice.

Today the Federal Reserve System of our Nation has a new Governor.

We must continue to sustain high employment without inflation.

No member of that partnership, from Government's viewpoint, is more important or has greater responsibilities than the Federal Reserve System of this country.

He takes office at a time when there is much to be done by all working together, cooperating.

It has come because we have learned the economic facts of life and we now realize that recession and inflation are not inevitable.

They can be avoided through sound economic fiscal policies.