Two Soviets . . . were talking to each other. And one of them asked, "What's the difference between the Soviet Constitution and the United States Constitution?" And the other one said, "That's easy. The Soviet Constitution guarantees freedom of speech and freedom of gathering. The American Constitution guarantees freedom after speech and freedom after gathering."

In an ironic sense, Karl Marx was right. We are witnessing today a great revolutionary crisis, a crisis where the demands of the economic order are conflicting directly with those of the political order. But the crisis is happening not in the . . . West, but in the home of Marxism-Leninism, the Soviet Union. It is the Soviet Union that runs against the tide of history by denying human freedom and human dignity to its citizens.

If there's one observation that rings true in today's changing world, it is that freedom and peace go hand in hand.

If we lose freedom here, there is no place to escape to. This is the last stand on earth.

We've been blessed with the opportunity to stand for something - for liberty and freedom and fairness. And these are things worth fighting for, worth devoting our lives to.

. . . I hope that when you're my age, you'll be able to say as I have been able to say: We lived in freedom, we lived lives that were a statement, not an apology.

Law and freedom must be indivisible partners. For without law, there can be no freedom, only choas and disorder; and without freedom, law is but a cynical veneer for injustice and oppression.

Our status as a free society and world power is not based on brute strength. When we've taken up arms, it has been for the defense of freedom for ourselves and for other peaceful nations who needed our help. But now, faced with the development of weapons with immense destructive power, we've no choice but to maintain ready defense forces that are second to none. Yes, the cost is high, but the price of neglect would be infinitely higher.

The march of freedom and democracy . . . will leave Marxism-Leninism on the ash heap of history as it has left other tyrannies which stifle the freedom and muzzle the self-expression of the people.

If all of this seems like a great deal of trouble, think what's at stake. We are faced with the most evil enemy mankind has known in his long climb from the swamp to the stars. There can be no security anywhere in the free world if there is no fiscal and economic stability within the United States. Those who ask us to trade our freedom for the soup kitchen of the welfare state are architects of a policy of accommodation.

Freedom prospers when religion is vibrant and the rule of law under God is acknowledged.

We will always remember. We will always be proud. We will always be prepared, so we will always be free.

Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.

The Declaration of Independence and the Constitution of these United States are covenants we have made not only with ourselves, but with all mankind. Our founding documents proclaim to the world that freedom is not the sole prerogative of a chosen few. It is the universal right of all God's children.

Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same.

Freedom is the right to question and change the established way of doing things. It is the continuing revolution of the marketplace. It is the understanding that allows us to recognize shortcomings and seek solutions. It is the right to put forth an idea, scoffed at by the experts, and watch it catch fire among the people. It is the right to follow your dream, or stick to your conscience even if you're the only one in a sea of doubters.

You and I are told we must choose between a left or right, but I suggest there is no such thing as a left or right. There is only an up or down. Up to man's age-old dream -- the maximum of individual freedom consistent with order --or down to the ant heap of totalitarianism. Regardless of their sincerity, their humanitarian motives, those who would sacrifice freedom for security have embarked on this downward path.

But in the West today, we see a free world that has achieved a level of prosperity and well-being unprecedented in all human history. In the Communist world, we see failure, technological backwardness, declining standards of health, even want of the most basic kind - too little food. Even today, the Soviet Union still cannot feed itself. After these four decades, then, there stands before the entire world one great and inescapable conclusion: Freedom leads to prosperity. Freedom replaces the ancient hatreds among the nations with comity and peace. Freedom is the victor.

Freedom is indivisible - there is no "s" on the end of it. You can erode freedom, diminish it, but you cannot divide it and choose to keep "some freedoms" while giving up others.

I oppose registration for the draft . . . because I believe the security of freedom can best be achieved by security through freedom.

Peace is more than just an absence of war. True peace is justice, true peace is freedom, and true peace dictates the recognition of human rights.

When we speak of peace, we should not mean just the absence of war. True peace rests on the pillars of individual freedom, human rights, national self-determination, and respect for the rule of law.

Freedom is a fragile thing and is never more than one generation away from extinction. It is not ours by inheritance; it must be fought for and defended constantly by each generation, for it comes only once to a people. Those who have known freedom, and then lost it, have never known it again.

Once people who have been deprived of basic freedom taste a little of it, they want all of it.