I ask particularly that those of you who are now in school will prepare yourselves to bear the burden of leadership over the next 40 years here in the United States, and make sure that the United States — which I believe almost alone has maintained watch and ward for freedom — that the United States meet its responsibility. That is a wonderful challenge for us as a people.

I want to discuss with you today the status of our strength and our security because this question clearly calls for the most responsible qualities of leadership and the most enlightened products of scholarship. For this Nation's strength and security are not easily or cheaply obtained, nor are they quickly and simply explained. There are many kinds of strength and no one kind will suffice. Overwhelming nuclear strength cannot stop a guerrilla war. Formal pacts of alliance cannot stop internal subversion. Displays of material wealth cannot stop the disillusionment of diplomats subjected to discrimination. Above all, words alone are not enough. The United States is a peaceful nation. And where our strength and determination are clear, our words need merely to convey conviction, not belligerence. If we are strong, our strength will speak for itself. If we are weak, words will be of no help.

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There are a number of ways by which the Federal Government can meet its responsibilities to aid economic growth. We can and must improve American education and technical training. We can and must expand civilian research and technology. One of the great bottlenecks for this country's economic growth in this decade will be the shortage of doctorates in mathematics, engineering, and physics; a serious shortage with a great demand and an under-supply of highly trained manpower. We can and must step up the development of our natural resources. But the most direct and significant kind of Federal action aiding economic growth is to make possible an increase in private consumption and investment demand--to cut the fetters which hold back private spending. In the past, this could be done in part by the increased use of credit and monetary tools, but our balance of payments situation today places limits on our use of those tools for expansion. It could also be done by increasing Federal expenditures more rapidly than necessary, but such a course would soon demoralize both the Government and our economy. If Government is to retain the confidence of the people, it must not spend more than can be justified on grounds of national need or spent with maximum efficiency.

For the harsh facts of the matter are that we stand on this frontier at a turning-point in history. We must prove all over again whether this nation — or any nation so conceived — can long endure — whether our society — with its freedom of choice, its breadth of opportunity, its range of alternatives — can compete with the single-minded advance of the Communist system. </br> Can a nation organized and governed such as ours endure? That is the real question. Have we the nerve and the will? Can we carry through in an age where we will witness not only new breakthroughs in weapons of destruction — but also a race for mastery of the sky and the rain, the ocean and the tides, the far side of space and the inside of men's minds? </br> Are we up to the task — are we equal to the challenge? Are we willing to match the Russian sacrifice of the present for the future — or must we sacrifice our future in order to enjoy the present? </br> That is the question of the New Frontier. That is the choice our nation must make — a choice that lies not merely between two men or two parties, but between the public interest and private comfort — between national greatness and national decline — between the fresh air of progress and the stale, dank atmosphere of "normalcy" — between determined dedication and creeping mediocrity. All mankind waits upon our decision. A whole world looks to see what we will do. We cannot fail their trust, we cannot fail to try.

We in this country, in this generation, are — by destiny rather than choice — the watchmen on the walls of world freedom. We ask, therefore, that we may be worthy of our power and responsibility, that we may exercise our strength with wisdom and restraint, and that we may achieve in our time and for all time the ancient vision of "peace on earth, good will toward men". That must always be our goal, and the righteousness of our cause must always underlie our strength. For as was written long ago: "except the Lord keep the city, the watchman waketh but in vain."

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No President should fear public scrutiny of his program. For from that scrutiny comes understanding; and from that understanding comes support or opposition. And both are necessary. I am not asking your newspapers to support the Administration, but I am asking your help in the tremendous task of informing and alerting the American people. For I have complete confidence in the response and dedication of our citizens whenever they are fully informed. I not only could not stifle controversy among your readers — I welcome it. This Administration intends to be candid about its errors; for as a wise man once said: "An error does not become a mistake until you refuse to correct it." We intend to accept full responsibility for our errors; and we expect you to point them out when we miss them.

But I must say I am reminded of Mr. Robert Frost's motto about not taking down a fence until you know why it is put up, and this is a method by which the United States maintains a position of influence and control around the world, and sustains a good many countries which would definitely collapse or pass into the Communist bloc.

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I think the basic problem facing the United States is to maintain the peace, maintain our vital interest in our national security, serve as the leader of the cause of freedom around the globe, and attempt to develop in this country sufficient forward motion so that we catch again the imagination of the world as a power and a system of government that represents the kind of government which all people want to endorse, the kind of government under which all people want to live. In other words, if we do well here, we enhance the prestige and power and influence of the cause of freedom around the world. If we fail, the cause of freedom fails. If we succeed, the cause of freedom succeeds. Our responsibility is to throw light and luster around that great cause, around the globe.