There are a few things that I want to mention to you. You've been very gracious and very generous to come out here today to meet with me. As we approach the last few days of the campaign there are some memories that ought to be impressed on our minds. I grew up not far from the Florida line on a farm. I was born in 1924. When the Great Depression came, I was a young, impressionable man, a boy. I remember what Franklin Roosevelt and the Democratic Party did to change my life and the life of my family. We didn't have running water in our house. We didn't have electricity. The Democrats thought that REA would be good for farmers; the Republicans were against it. They called it socialism for the Federal Government to help build dams and generate electricity for farmers. There were a lot of sweatshops in our country, and young people about Amy's age, 13 years old and younger, boys and girls, were working under uncontrollable and embarrassing conditions. Working families didn't have a right to earn a decent living to finance their homes. And the Democrats proposed a minimum wage, 25 cents an hour; the Republicans opposed it. The Democrats finally prevailed and gave working people of this Nation a better life. I graduated from high school in 1941, my first job at a minimum wage, 40 cents by then. That increase from 25 to 40 cents was a great thing in our lives. Democrats sponsored it; Republicans, they were against it. Democrats saw that older people were living in poor folks homes, we called them, without any self-dignity, without any security, having slaved away all their lives to make this a better country. So, the Democrats said, "We need something to give that security to older people," and put forward the idea of social security; Republicans were against it. Social security passed. Later, I won't go into all the details, but Democrats, again, put forward Medicare to give older people a chance to have a better health care after their retirement age. My opponent, Governor Reagan, got his start in politics working for the American Medical Association, traveling around this country speaking against Medicare.

Again this year, if you remember back in November, it was generally thought throughout the country that if Senator Kennedy announced that he was a candidate for President that Florida would certainly go for him. We campaigned down here among you. You had confidence in me again. When the returns came in, you were in my column. I'm a southerner, and I believe in tradition. You've established a good tradition of supporting Jimmy Carter for President. I want you to help me again on November the 4th. Okay?

I'll never forget what Florida did for me in 1976. As I told a small group a few minutes ago, we came to your State, our neighbors, when I didn't have any friends in this country, very few people knew who I was or had ever heard of me. And we went from one courthouse to another and one small radio station to another, one of your homes to another, met with just a few friends, visited in your churches, in your Lion's Clubs, in your schools, talked to you, and learned and listened. I went in one direction; my wife went in another. And that was the basis for my success later on in 1976. The contest here in your primary, I think, was the turning point in the entire election. It focused attention not only on you Floridians and your judgment but also on the fact that my campaign did have some strength. It made a great impact on the rest of the Nation. 1976 in the primary was a very gratifying gift that Florida people made to me. Later it was generally assumed that Florida, because of some of your past voting mistakes, might go Republican in November. But when the returns came in, the Florida electors went to Jimmy Carter and to Fritz Mondale. That was in '76 in November.

We know the strength of America. We are strong. We can regain our unity. We can regain our confidence. We are the heirs of generations who survived threats much more powerful and awesome than those that challenge us now. Our fathers and mothers were strong men and women who shaped a new society during the Great Depression, who fought world wars, and who carved out a new charter of peace for the world. We ourselves are the same Americans who just 10 years ago put a man on the Moon. We are the generation that dedicated our society to the pursuit of human rights and equality. And we are the generation that will win the war on the energy problem and in that process rebuild the unity and confidence of America. We are at a turning point in our history. There are two paths to choose. One is a path I've warned about tonight, the path that leads to fragmentation and self- interest. Down that road lies a mistaken idea of freedom, the right to grasp for ourselves some advantage over others. That path would be one of constant conflict between narrow interests ending in chaos and immobility. It is a certain route to failure. All the traditions of our past, all the lessons of our heritage, all the promises of our future point to another path, the path of common purpose and the restoration of American values. That path leads to true freedom for our Nation and ourselves. We can take the first steps down that path as we begin to solve our energy problem. Energy will be the immediate test of our ability to unite this Nation, and it can also be the standard around which we rally. On the battlefield of energy we can win for our Nation a new confidence, and we can seize control again of our common destiny.

In a nation that was proud of hard work, strong families, close-knit communities, and our faith in God, too many of us now tend to worship self-indulgence and consumption. Human identity is no longer defined by what one does, but by what one owns. But we've discovered that owning things and consuming things does not satisfy our longing for meaning. We've learned that piling up material goods cannot fill the emptiness of lives which have no confidence or purpose. The symptoms of this crisis of the American spirit are all around us. For the first time in the history of our country a majority of our people believe that the next 5 years will be worse than the past 5 years. Two-thirds of our people do not even vote. The productivity of American workers is actually dropping, and the willingness of Americans to save for the future has fallen below that of all other people in the Western world. As you know, there is a growing disrespect for government and for churches and for schools, the news media, and other institutions. This is not a message of happiness or reassurance, but it is the truth and it is a warning. These changes did not happen overnight. They've come upon us gradually over the last generation, years that were filled with shocks and tragedy. We were sure that ours was a nation of the ballot, not the bullet, until the murders of John Kennedy and Robert Kennedy and Martin Luther King, Jr. We were taught that our armies were always invincible and our causes were always just, only to suffer the agony of Vietnam. We respected the Presidency as a place of honor until the shock of Watergate.

I know, of course, being President, that government actions and legislation can be very important. That's why I've worked hard to put my campaign promises into law — and I have to admit, with just mixed success. But after listening to the American people I have been reminded again that all the legislation in the world can't fix what's wrong with America. So, I want to speak to you first tonight about a subject even more serious than energy or inflation. I want to talk to you right now about a fundamental threat to American democracy. I do not mean our political and civil liberties. They will endure. And I do not refer to the outward strength of America, a nation that is at peace tonight everywhere in the world, with unmatched economic power and military might. The threat is nearly invisible in ordinary ways. It is a crisis of confidence. It is a crisis that strikes at the very heart and soul and spirit of our national will. We can see this crisis in the growing doubt about the meaning of our own lives and in the loss of a unity of purpose for our Nation. The erosion of our confidence in the future is threatening to destroy the social and the political fabric of America. The confidence that we have always had as a people is not simply some romantic dream or a proverb in a dusty book that we read just on the Fourth of July. It is the idea which founded our Nation and has guided our development as a people. Confidence in the future has supported everything else — public institutions and private enterprise, our own families, and the very Constitution of the United States. Confidence has defined our course and has served as a link between generations. We've always believed in something called progress. We've always had a faith that the days of our children would be better than our own. Our people are losing that faith, not only in government itself but in the ability as citizens to serve as the ultimate rulers and shapers of our democracy. As a people we know our past and we are proud of it. Our progress has been part of the living history of America, even the world. We always believed that we were part of a great movement of humanity itself called democracy, involved in the search for freedom, and that belief has always strengthened us in our purpose. But just as we are losing our confidence in the future, we are also beginning to close the door on our past.

A party with a narrow vision, a party that is afraid of the future, a party whose leaders are inclined to shoot from the hip, a party that has never been willing to put its investment in human beings who are below them in economic and social status.

In the year 2000 this solar water heater behind me, which is being dedicated today, will still be here supplying cheap, efficient energy…. A generation from now, this solar heater can either be a curiosity, a museum piece, an example of a road not taken or it can be just a small part of one of the greatest and most exciting adventures ever undertaken by the American people.

Our values and our democratic way of life have a magnetic appeal for people all over the world which a materialistic and a totalitarian philosophy can never hope to challenge or to rival. For all these reasons we have a capacity for leadership in the world that surpasses that of any other nation. That leadership imposes many responsibilities on, us, on me, as President, and on you other leaders who shape opinion and the character of our country.

Along with other industrial democracies who are our friends, we lead the way in technological innovation. Our combined economies are more than three times as productive as those Of the Soviet Union and all its allies. Our political institutions are based on human freedom. Our open system encourages individual initiative and creativity, and that in turn strengthens our entire society.

Well, as you know, we are not introducing new weapons into the Middle East. F-15's are already being delivered into the Middle East. Also, I have pledged myself to cut down on the volume of weapons each succeeding year as long as I'm in office, barring some unpredictable, worldwide military outbreak. This year there will be less weapons sales than last year, and this will include, of course, the Middle East. I think it's very good for nations to turn to us for their security needs, instead of having to turn to the Soviet Union as they have in the past. I'm talking specifically about Egypt. And you have to remember that Saudi Arabia has never had any active aggression against Israel. Saudi Arabia is our ally and friend. Egypt is our ally and friend. Israel is our ally and friend. To maintain security in that region is important. Egypt has other threats against its security. The Soviets are shipping massive quantities of weapons into the Middle Eastern area now, into the Red Sea area—Ethiopia, into Syria, Iraq, Libya-and we cannot abandon our own friends. So, I don't think that it's wrong at all to ensure stability or the right to defend themselves in a region with arms sales. We are continuing multinational negotiations with other sellers of weapons to get them to join with us in a constant step-by-step, year-by-year reduction in total arms sales. If they do, I think the world will be much more peaceful in the future.

This year we are faced with a deficit that's about $15 or $20 billion higher than it would have been because we're trying to give a tax break, tax reduction, to the American people. In every instance, you have to make a judgment on that. One of the reasons that we are giving the tax reduction is because the taxes are too high; another one is that it would result in a stimulated economy, a million more people at work and paying taxes rather than on the Federal dole. And so you have to make a judgment. We have expectations, with some fairly accurate projections, that the budget deficit next year, fiscal year 1980, will be considerably below 1979. And if the economy continues to progress, then I have good hopes that in 1981 we will reach my goal. Obviously, I don't have complete control over the economy. But I've not given up in trying to carry out the principles that Adam Smith espoused in your quote.