A man is not finished when he's defeated. He's finished when he quits. - Richard Nixon

Now it is not my purpose here tonight to discuss the extent to which we consider the various charges that I have just listed right or wrong. But I recognize the concerns. I share many of them. What I propose tonight is, I believe, responsive to those concerns. The most pressing concerns center on economic development and especially on the policies by which aid is administered and by which trade is regulated. In proposing specific changes tonight, I mean these as examples of the actions I believe are possible in a new kind of partnership in the Americas. Our partnership should be one in which the United States lectures less and listens more. It should be one in which clear, consistent procedures are established to insure that the shaping of the future of the nations in the Americas reflects the will of those nations. I believe this requires a number of changes. To begin with, it requires a fundamental change in the way in which we manage development assistance in the hemisphere. That is why I propose that a multilateral inter-American agency be given an increasing share of responsibility for development assistance decisions. CIAP-the Inter-American Committee on the Alliance for Progress--could be given this new function, or an entirely new agency could be created within the system. Whatever the form, the objective would be to evolve an effective multilateral framework for bilateral assistance, to provide the agency with an expert international staff and, over time, to give it major operational and decision making responsibilities. The other American nations themselves would thus jointly assume a primary role in setting priorities within the hemisphere, in developing realistic programs, in keeping their own performance under critical review.

Each moment in history is a fleeting time, precious and unique. But some stand out as moments of beginning, in which courses are set that shape decades or centuries.
This can be such a moment.
Forces now are converging that make possible, for the first time, the hope that many of man's deepest aspirations can at last be realized. The spiraling pace of change allows us to contemplate, within our own lifetime, advances that once would have taken centuries.
In throwing wide the horizons of space, we have discovered new horizons on earth.
For the first time, because the people of the world want peace, and the leaders of the world are afraid of war, the times are on the side of peace.

When I first took the oath of office as President 5 1/2 years ago, I made this sacred commitment, to "consecrate my office, my energies, and all the wisdom I can summon to the cause of peace among nations."
I have done my very best in all the days since to be true to that pledge. As a result of these efforts, I am confident that the world is a safer place today, not only for the people of America but for the people of all nations, and that all of our children have a better chance than before of living in peace rather than dying in war.
This, more than anything, is what I hoped to achieve when I sought the Presidency. This, more than anything, is what I hope will be my legacy to you, to our country, as I leave the Presidency.
To have served in this office is to have felt a very personal sense of kinship with each and every American. In leaving it, I do so with this prayer: May God's grace be with you in all the days ahead.