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Updated: June 19, 2025


Abused out of all reason or praised irrelevantly the one thing this nation has not been able to do with these men is to use their genius. It is this life-sapping quality of our politics that should be fought its wanton waste of the initiatives we have its stupid indifference. We need a new sense of political values. These times require a different order of thinking.

Thinkers in developing countries were not slow to point out that such initiatives served primarily the needs of the Western world. Nevertheless, their emergence marked a fundamental change of direction that would increasingly open participation to a wide range of states and institutions.

There had been a time when Gretry had been obliged to urge and coax to get his friend to so much as notice the swirl of the great maelstrom in the Board of Trade Building. But of late Jadwin's eye and ear were forever turned thitherward, and it was he, and no longer Gretry, who took initiatives. Meanwhile he was making money. As he had predicted, the price of wheat had advanced.

The advent of his boy had been a tremendous event in the reverend gentleman's life. It is not improbable that his disposition to monopolize the pride of this event contributed to the ultimate disruption of his family. It left so few initiatives within the home to his wife.

While these initiatives represent dramatic progress in economic deregulation, continued work is needed. I urge Congress to act on communications legislation and to consider other proposed deregulation measures, such as legislation on the bus industry. In addition, the regulatory commissions must maintain their commitment to competition as the best regulator of all.

From thousands answering Peace Corps appeals to help boost food production in Africa, to millions volunteering time, corporations adopting schools, and communities pulling together to help the neediest among us at home, we have refound our values. Private sector initiatives are crucial to our future.

And we must make developing economies our partners in prosperity which is why I ask Congress to finalize our groundbreaking African and Caribbean Basin trade initiatives. Globalization is about more than economics. Our purpose must be to bring the world together around democracy, freedom, and peace, and to oppose those who would tear it apart.

Since 1997, our Initiative on Race has sought to bridge the divides between and among our people. In its report last fall, the Initiatives Advisory Board found that Americans really do want to bring our people together across racial lines. We know it's been a long journey. For some it goes back to before the beginning of our republic.

They will be needed to assure the continued readiness of our military forces, to preserve present force levels in the face of rising costs, and to give us the military strength we must have if our security is to be maintained and if our initiatives for peace are to succeed.

Just as we supported, in an unprecedented way, the civil rights of disabled persons in schools and in the workplace, other initiatives in health prevention, such as our immunization and nutrition programs for young children and new intense efforts to reverse spinal cord injury, must continue so that the incidence of disability continues to decline.

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