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Updated: May 6, 2025


The details of a program to enlarge and improve the opportunities for our people to acquire good homes will be presented to the Congress by special message on January 25. This program will include: Modernization of the home mortgage insurance program of the Federal Government; Redirection of the present system of loans and grants-in-aid to cities for slum clearance and redevelopment;

Who would have thought, forty years ago, that the lighting of these dark and dirty streets and the modernization of these local railway systems would have given rise to one of the most astounding chapters in our financial history and created hundreds, perhaps thousands, of millionaires?

I have, therefore, instructed the Secretary of Defense to reappraise our entire defense strategy our ability to fulfill our commitments the effectiveness, vulnerability, and dispersal of our strategic bases, forces and warning systems the efficiency and economy of our operation and organization the elimination of obsolete bases and installations and the adequacy, modernization and mobility of our present conventional and nuclear forces and weapons systems in the light of present and future dangers.

To meet situations of less than general nuclear war, we continue to maintain our carrier forces, our many service units abroad, our always ready Army strategic forces and Marine Corps divisions, and the civilian components. The continuing modernization of these forces is a costly but necessary process, and is scheduled to go forward at a rate which will steadily add to our strength.

The political authority makes its deference to the canonists dependent upon their strict obedience. This important change is a natural consequence of the modernization of Mohammedan political life, a movement through which the expounders of a law which has endeavoured to remain stationary since the year 1000 must necessarily get into straits.

We must maintain a strong and ready military. We must increase funding for weapons modernization by the year 2000. And we must take good care of our men and women in uniform. They are the world's finest. We must also renew our commitment to America's diplomacy and pay our debts and dues to international financial institutions like the World Bank and to a reforming United Nations.

It is time to reverse the decline in defense spending that began in 1985. Since April, together we have added nearly $6 billion to maintain our military readiness. My balanced budget calls for a sustained increase over the next six years for readiness, for modernization, and for pay and benefits for our troops and their families.

In the last act she appears at a ball at a country house in sophisticated raiment, and the story ends in the key of mirth in which it began. It was a delightful blending and modernization of Diana, Atalanta, Cinderella, and Rosalind; but even in the typewritten page it was amazingly alive and well calculated to evoke tears and laughter.

further efforts to provide our workers with the skills demanded by modern technology, for the laboring-man is an indispensable force in the American system; the extension of the minimum wage to more than 2 million unprotected workers; the improvement and the modernization of the unemployment compensation system.

It would not be surprising if the modernization of the city, together with the state of things throughout Italy, had a subduing effect upon Neapolitan manners. In one respect the streets are assuredly less gay.

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