Gains in jobs and profits are going hand in hand. Workers are gaining in purchasing power through fuller employment, through longer hours, through hi… - Lyndon B. Johnson

That government of North Viet-Nam is now willfully and systematically violating those agreements of both 1954 and 1962. To the south it is engaged in aggression against the Republic of Viet-Nam. To the west it is engaged in aggression against the Kingdom of Laos. To the east it has now struck out on the high seas in an act of aggression against the United States of America. There can be, there must be no doubt about the policy and no doubt about the purpose. So there can be no doubt about the responsibilities of men and the responsibilities of nations that are devoted to peace. Peace cannot be assured merely by assuring the safety of the United States destroyer Maddox or the safety of other vessels of other flags. Peace requires that the existing agreements in the area be honored. Peace requires that we and all our friends stand firm against the present aggressions of the government of North Viet-Nam. The government of North Viet-Nam is today flouting the will of the world for peace. The world is challenged to make its will against war known and to make it known clearly and to make it felt and to make it felt decisively.

For my part, I pledge a progressive administration which is efficient, and honest and frugal. The budget to be submitted to the Congress shortly is in full accord with this pledge. It will cut our deficit in half--from $10 billion to $4,900 million. It will be, in proportion to our national output, the smallest budget since 1951. It will call for a substantial reduction in Federal employment, a feat accomplished only once before in the last 10 years. While maintaining the full strength of our combat defenses, it will call for the lowest number of civilian personnel in the Department of Defense since 1950. It will call for total expenditures of $97,900 million--compared to $98,400 million for the current year, a reduction of more than $500 million. It will call for new obligational authority of $103,800 million--a reduction of more than $4 billion below last year's request of $107,900 million. But it is not a standstill budget, for America cannot afford to stand still. Our population is growing. Our economy is more complex. Our people's needs are expanding. But by closing down obsolete installations, by curtailing less urgent programs, by cutting back where cutting back seems to be wise, by insisting on a dollar's worth for a dollar spent, I am able to recommend in this reduced budget the most Federal support in history for education, for health, for retraining the unemployed, and for helping the economically and the physically handicapped. This budget, and this year's legislative program, are designed to help each and every American citizen fulfill his basic hopes--his hopes for a fair chance to make good; his hopes for fair play from the law; his hopes for a full-time job on full-time pay; his hopes for a decent home for his family in a decent community; his hopes for a good school for his children with good teachers; and his hopes for security when faced with sickness or unemployment or old age.

Here in the Congress you can demonstrate effective legislative leadership by discharging the public business with clarity and dispatch, voting each important proposal up, or voting it down, but at least bringing it to a fair and a final vote. Let us carry forward the plans and programs of John Fitzgerald Kennedy--not because of our sorrow or sympathy, but because they are right. In his memory today, I especially ask all members of my own political faith, in this election year, to put your country ahead of your party, and to always debate principles; never debate personalities.