Nineteen years ago President Truman announced "the force from which the sun draws its power has been loosed." In a single, fiery flash the world as we had known it was forever changed. Into our hands had come much of the responsibility for the life of freedom, for the life of our civilization, and for the life of man on this planet. And the realities of atomic power placed much of that burden in the hands of the President of the United States.

Four years ago, President John F. Kennedy stated to the Congress and the world, "The primary purpose of our arms is peace, not war." That is still their purpose. We are armed, not for conquest, but to insure our own security and to encourage the settlement of international differences by peaceful processes. We are not a militaristic people, and we have long denounced the use of force in pursuit of national ambition. We seek to avoid a nuclear holocaust in which there can be neither victory nor victors. But we shall never again return to a world where peace-loving men must stand helpless in the path of those who, heedless of destruction and human suffering, take up war and oppression in pursuit of their own ambitions.

Gains in jobs and profits are going hand in hand. Workers are gaining in purchasing power through fuller employment, through longer hours, through higher wages. But on the average, higher wages have not increased the cost of doing business. Why? Because productivity has risen to match the wages. Profits are gaining through higher volume and lower costs and lower taxes--thanks to the help of a good many men in this room. But on the average the gains are not coming through higher prices. So long as this is the pattern, we can use our fiscal and our monetary policies to stimulate business activity and not to restrain it. Both business and labor are making their economic gains by enlarging the size of the economic pie. They are not making--and they cannot continue to make--gains by taking bigger slices at the expense of one another or at the expense of the American consumer.

Americans are not presented with a choice of parties. Americans are not presented with a choice of liberalism and conservatism. Americans are faced with a concerted bid for power by factions which oppose all that both parties have supported. It is a choice between the center and the fringe, between the responsible mainstream of American experience and the reckless and rejected extremes of American life. If the challenge is loud, the call of duty is clear. We are called upon to stand up and be counted, for we have a duty, we have a clear and a compelling duty, to make it clear that America has not fallen and will not fall into the hands of extremists of any stripe.

The earliest goal of American society, the beckoning promise which brought men to these shores, has been a nation where each citizen would find his achievements limited only by his ability, and where the helpless need not abandon hope. This is the meaning of justice when we pledge ourselves to liberty and to justice for all. I predict that in the next 10 years we will make greater gains toward this goal--toward justice and social progress--than at any time in the long history of our beloved Republic.

The first area of this increasing strength is our ability to deter atomic destruction. In the past 3 years we have increased our nuclear power on alert 2½ times, and our nuclear superiority will continue to grow until we reach agreement on arms control. We have now more than 1,000 fully armed ICBM's and Polaris missiles ready for retaliation. The Soviet Union has far fewer, and none ready to be launched beneath the seas. We have more than 1,100 strategic bombers, many of which are equipped with air-to-surface and decoy missiles to help them reach almost any target. The Soviet Union, we estimate, could with difficulty send less than one-third of this number over targets in the United States. Against such force the combined destructive power of every battle ever fought by man is like a firecracker thrown against the sun.

It is a welcome privilege to be in your city and on your campus here at St. Louis University. for many years your city has been widely known for baseball, basketball, the Busch family, and I am a fan of all three. But those who know St. Louis well and know it affectionately as I have for many years, since I wore my first set of Buster Brown shoes, know that the strength of this city comes from its colleges and its churches, and the courageous civic leadership of its citizens. I have little patience with those who dismiss this great region of mid-America as an intellectual desert. Those who say that don't know mid-America, don't know the Midwest and don't know St. Louis, and won't last very long in the company of Senator Symington and Senator Long!

And I now have a little announcement that I would like to make. The President has today asked Stan Musial to serve his country as Special Consultant to the President to head the President's physical fitness program in the United States of America. And Stan has already accepted. There are few men in America who serve as hero to a nation and serve that duty with such great dignity. Stanley Frank Musial is one of the great baseball players of this century. The record book is thickly crowded with his achievements. But the record books are only part of the Musial story, for Stan is more than a great player. He is the young man's hero who never lets him down. To every little boy who dreams of the big leagues, to every rookie eyeing that pitcher for the first time, to every young athlete who strives for triumph, "Start the Man" is the authentic champion. He has brought to his profession the simple disciplines of honesty and honor, of pride and of character.

In your lifetime and mine, we have moved beyond those dangerous shoals. Our responsibility together now is to steer the course of this system, steer the course of this economy, and this society to the high and hopeful and happier seas of a more perfect unity. And that is why I asked you to come here today. Around the world--throughout our times--men of business have lived in dread and fear of the governments of their lands. They live with fear in many lands today-wondering if what they have accumulated will be taken away or taxed away or foolishly thrown away. That is why I wanted you to know something about how your Government is operating. That is why I want all American businessmen to understand that your Government is devoted to your success, not dedicated to your enslavement.

Tonight, I want to share with you some thoughts on what I conceive to be the meaning of this moment in our national life. In all of history, men have never lived as we are privileged to live tonight, at this rare and at this precious moment. Our arms are strong--our freedoms are many. Our homes are secure--and our tables are full. Our knowledge is great--and our understanding is growing. We enjoy plenty--we live in peace. And this is much--but there is more. Out of the years of fire and faith in this 20th century, our diverse peoples have forged together a consensus such as we have not known before--a consensus on our national purposes and our national policies and the principles that guide them both. This consensus is new. We have come to it more suddenly than we foresaw--and more fully than we anticipated. Tonight questions are being asked about the meaning of that consensus--proper, penetrating, and profound questions. Thoughtful men want to know--are we entering an era when consensus will become an end in itself? Will we substitute consensus for challenge? Will a devotion to agreement keep us from those tasks that are disagreeable?

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All I have I would have given gladly not to be standing here today. The greatest leader of our time has been struck down by the foulest deed of our time. Today John Fitzgerald Kennedy lives on in the immortal words and works that he left behind. He lives on in the mind and memories of mankind. He lives on in the hearts of his countrymen. No words are sad enough to express our sense of loss. No words are strong enough to express our determination to continue the forward thrust of America that he began.

I was delighted to be welcomed back to the great State of New York by my old friend, the affable Governor of this State. I gather that he does not share some of his colleagues' views on immigration, or perhaps we are still free at least to emigrate between the States! In any event, I always find it a source of strength to come to this, the leading city in America, this, the melting pot of our country. Here I get inspiration and stimulation.

Unless we act anew, with dispatch and resolution, we shall sanction a sad and sorrowful course for the future. For if the Fifteenth Amendment is successfully flouted today, tomorrow the First Amendment, the Fourth Amendment, the Fifth Amendment-the Sixth, the Eighth, indeed, all the provisions of the Constitution on which our system stands — will be subject to disregard and erosion. Our essential strength as a society governed by the rule of law will be crippled and corrupted and the unity of our system hollowed out and left meaningless.

There are millions of Americans--one fifth of our people--who have not shared in the abundance which has been granted to most of us, and on whom the gates of opportunity have been closed. What does this poverty mean to those who endure it ? It means a daily struggle to secure the necessities for even a meager existence. It means that the abundance, the comforts, the opportunities they see all around them are beyond their grasp. Worst of all, it means hopelessness for the young. The young man or woman who grows up without a decent education, in a broken home, in a hostile and squalid environment, in ill health or in the face of racial injustice-that young man or woman is often trapped in a life of poverty. He does not have the skills demanded by a complex society. He does not know how to acquire those skills. He faces a mounting sense of despair which drains initiative and ambition and energy. Our tax cut will create millions of new jobs--new exits from poverty. But we must also strike down all the barriers which keep many from using those exits. The war on poverty is not a struggle simply to support people, to make them dependent on the generosity of others. It is a struggle to give people a chance. It is an effort to allow them to develop and use their capacities, as we have been allowed to develop and use ours, so that they can share, as others share, in the promise of this nation. We do this, first of all, because it is right that we should.