A visiting pastor at our church in Plains once told a story about a priest from New Orleans. Father Flanagan’s parish lay in the central part of the … - Jimmy Carter

I think now there's a new spirit in our Nation. I believe with our stand on human rights, our efforts to bring peace, to reduce the nuclear threat, to alleviate the hatreds in the Middle East, to bring majority rule and peace to southern Africa, that there is a sense of purpose again. And in my own way as a human being with limits that you and I both recognize, but occupying the most important office perhaps in the whole world, I want to be sure that the American flag is once more lifted high and when anyone on Earth sees it, they think about freedom, they think about the worth of an individual human being, they think about hope, they think about a sense of compassion and love, they think about high ideals, they think about openness of government, they think about democratic principles, they think about compassion and concern, and they think about the worth of our people who live in harmony from so many different places on Earth. These are the hopes that I have as President. I thank you for your involvement in the democratic processes, your support of our party, your friendship toward me. I thank you for the fine congressional delegation that you've sent to Washington who represent you and our Nation so well. And I know that I can speak for them as I repeat a phrase that I used thousands of times in my long campaign: All I want and all they want is a government as good as the people of our country. Thank you very much.

This year we are faced with a deficit that's about $15 or $20 billion higher than it would have been because we're trying to give a tax break, tax reduction, to the American people. In every instance, you have to make a judgment on that. One of the reasons that we are giving the tax reduction is because the taxes are too high; another one is that it would result in a stimulated economy, a million more people at work and paying taxes rather than on the Federal dole. And so you have to make a judgment. We have expectations, with some fairly accurate projections, that the budget deficit next year, fiscal year 1980, will be considerably below 1979. And if the economy continues to progress, then I have good hopes that in 1981 we will reach my goal. Obviously, I don't have complete control over the economy. But I've not given up in trying to carry out the principles that Adam Smith espoused in your quote.

I've not had a chance to watch the television programs, except that my staff puts together an 18- or 20-minute recap on some of the highlights. And I see those on occasion. I spent all yesterday and today in my regular business and meeting with Prime Minister Barre. But my assessment from the brief time I've watched it, and also from my own staff, is that he has enhanced his position, because he was in a situation where, literally, for weeks, all kinds of allegations or charges were made, including criminal violation of the writing of checks to avoid paying of taxes, which is fraudulent and illegal. He was alleged to be an embezzler by a convicted felon. And on that basis, the chairman and the minority leader of the Senate [committee] had called for his immediate resignation, and he had not had a chance to answer those charges. Now that he has answered the charges--I hope and believe successfully--I think he's certainly enhanced his position.