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And if, in addition to being a Californian, this Native Son visiting the East for the first time, is also a San Franciscan, he has come from a city which is, with the exception of peacetime Paris, the gayest and with the exception of none, the happiest city in the world; a city of extraordinary picturesqueness of situation and an equally notable cosmopolitanism of atmosphere; a city which is, above all cities, a paradise for men.

Were we prepared, in peacetime, to keep on moving toward full realization of the democratic promise? Or would we let it be submerged, wiped out, in post-war riots and reaction, as after World War I? We answered these questions in a series of forward steps at every level of government and in many spheres of private life.

In these past months we have reaffirmed the scientific and military superiority of freedom. We have doubled our efforts in space, to assure us of being first in the future. We have undertaken the most far-reaching defense improvements in the peacetime history of this country. And we have maintained the frontiers of freedom from Viet-Nam to West Berlin.

It goes almost without saying that we must continue to forge the weapons of victory the hundreds of thousands of items, large and small, essential to the waging of war. This has been the major task from the very start, and it is still a major task. This is the very worst time for any war worker to think of leaving his machine or to look for a peacetime job.

Our Nation will then have a major conservation effort, important initiatives to develop solar power, realistic pricing based on the true value of oil, strong incentives for the production of coal and other fossil fuels in the United States, and our Nation's most massive peacetime investment in the development of synthetic fuels. The American people are making progress in energy conservation.

We must not wait until the guarantees expire to set the stage for permanent farm welfare. The farmer is entitled to a fair income. Ways can be found to utilize his new skills and better practices, to expand his markets at home and abroad, and to carry out the objectives of a balanced pattern of peacetime production without either undue sacrifice by farm people or undue expense to the Government.

Labor also has its own new peacetime responsibilities. Under our collective bargaining system, which must become progressively more secure, labor attains increasing political as well as economic power, and this, as with all power, means increased responsibility.

In future years the present tax system, in conjunction with a full employment level of national income, could be expected to yield more than 30 billion dollars, which is substantially above the anticipated peacetime level of expenditures.

Our obligations to the people who won the war will not be paid if we fail to prevent inflation and to maintain employment opportunities. While our peacetime prosperity will be based on the private enterprise the government can and must assist in many ways.

Cost of the operation is a factor; however, system cost must include peacetime operations and maintenance costs as well of the costs during actual combat. There is also a human element in the cost of combat operations which escalates rapidly as military force is misused. The total cost of these operations must also address the cost of intelligence used to support Deep Strikes.