As Winston Churchill once said: "Civilization will not last, freedom will not survive, peace will not be kept, unless mankind unites together to defe… - Lyndon B. Johnson

When I came to Washington in 1932, corporation profits were nonexistent. They had a loss that year of $3,400 million. In 1942, 10 years later, we got it up to $9½ billion. In 1952, 10 years later, we got it up to $17.2 billion. In 1962 we got it up to $24.6 billion. In 1963 we got it up to $27.1 billion, and the Chairman of the Council of Economic Advisers tells me we are not only not going to lose $3,400 million this year, as we did 32 years ago when I came here, but our profits this year are going to be $31 billion after taxes--these high taxes. Labor has gotten about $52 billion more in wages than they got in 1961 Their wages have increased $51 billion or $52 billion in 3 years. Corporation profits have increased from a $3.4 billion loss in 1932 to $31 billion after taxes. Now, those groups--the capitalists who make the investments, the managers who manage it, and the workers who produce it-have got to be concerned about these taxeaters. There is an increasing proof that we can at long last break this unemployment stalemate that has marked our economic life month in and month out for several years.

This is not always clearly seen. It is true today as when Thomas Jefferson first said it, that people generally have more feeling for canals and the roads than they do for education. But I hold the hope that Jefferson held, that we can advance them with equal pace. In our cities and in our counties, and in all of our country, there is a very great and urgent need for public works. But today more than any time in our history, America's most urgent work is educating its people, educating all the people, all the time, wherever they may have been born or wherever they may have chosen to live.

For at the real heart of battle for equality is a deep-seated belief in the democratic process. Equality depends not on the force of arms or tear gas but upon the force of moral right; not on recourse to violence but on respect for law and order.