Second, we must take new steps--and we shall make new proposals at Geneva--toward the control and the eventual abolition of arms. Even in the absence… - Lyndon B. Johnson

And now I want to tell you that we have a great event in store for all of you: The happy warrior, the eloquent spokesman for the Democratic Party, the new Vice President of the United States, is arriving tomorrow at noon, and in his honor and in the honor of the men and women who traveled with us in this campaign, we are going to have a barbecue out on the banks of the Pedernales. I knew in Atlantic City that I had made the right recommendation to that convention so far as the Vice President was concerned, because I had observed him very closely ever since I became a Member of the Senate, but in the weeks that have followed that convention, I know even more that in my heart I was right. Hubert Humphrey left that convention with no orders and no instructions, and he traveled to 40 States and made no mistakes. Everywhere he went the people received him warmly and applauded his pronouncements. I predict that he, aided by his charming wife, Muriel, and their lovely family, will make one of the greatest Vice Presidents that this Nation has ever known.

Your Government seeks to be not a dictator but a moderator--not a master planner but a faithful public servant--not an agent for your control but a vehicle for your freedom. What I have said to all others I want to repeat to you before we leave today. As a man who wants to be President of all the people, I intend to work to ensure that every person enjoys the full constitutional rights and equal opportunity that are his birthright as an American citizen. I intend to use all the resources I have to make sure those who claim rights--and those who deny them--bend their passions to peaceful obedience of the law of the land. No man could attain a higher honor than to occupy this office I now hold. No man would be worthy of that honor who thought of self. No man would be worthy who thought of any success except America's success. And that is the only thought I have in this house today. If the man who lives in this house is not free to stand for right, no man in any house in America is free from the injury of wrong.

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.