Nixon: Let's look at that. The Italians aren't any good at government. The Spanish aren't any good at government . . . - Richard Nixon

The Secretary of Labor just recently completed a study that I had requested with regard to unemployment of youth in the United States. I don't need to tell this group of employers that the unemployment rate for youth, of course, is always higher than adults in any country, industrial or otherwise. In the United States, it is three times as high. But the sad part of the statistic is that unemployment among youth in the United States is higher than in any industrial country in the world. This, of course, poses the problem, and it also poses the challenge and the opportunity for this group. I know that under the leadership of Henry Ford, naturally, the slogan of this organization was that this was the group with the "better idea," and I would suggest that under the leadership of Don Kernal this should be the group that "thinks young." In that respect, while I am not, of course, underplaying in any regard the immense responsibility that you have with regard to those in the older-age brackets, I would urge that you particularly concentrate on those programs that deal with unemployment among youth and see that they are folded into the others.

I shall leave this office with regret at not completing my term, but with gratitude for the privilege of serving as your President for the past 5 1/2 years. These years have been a momentous time in the history of our Nation and the world. They have been a time of achievement in which we can all be proud, achievements that represent the shared efforts of the Administration, the Congress, and the people. But the challenges ahead are equally great, and they, too, will require the support and the efforts of the Congress and the people working in cooperation with the new Administration. We have unlocked the doors that for a quarter of a century stood between the United States and the People's Republic of China. We must now ensure that the one quarter of the world's people who live in the People's Republic of China will be and remain not our enemies but our friends.

Hello, Neil and Buzz. I'm talking to you by telephone from the Oval Room at the White House. And this certainly has to be the most historic telephone call ever made. For every American this has to be the proudest day of our lives. And for people all over the world I am sure they, too, join with Americans in recognizing what a feat this is. Because of what you have done, the heavens have become a part of man's world. As you talk to us from the Sea of Tranquility, it inspires us to redouble our efforts to bring peace and tranquility to Earth. For one priceless moment, in the whole history of man, all the people on this Earth are truly one.