Presidents -- United States -- Messages; United States -- Politics and government -- Sources
Now, there's a new face at this place of honor tonight. And please join me
in warm congratulations to the Speaker of the House, Jim Wright. Mr.
Speaker, you might recall a similar situation in your very first session of
Congress 32 years ago. Then, as now, the speakership had changed hands and
another great son of Texas, Sam Rayburn--"Mr. Sam"--sat in your chair. I
cannot find better words than those used by President Eisenhower that
evening. He said, "We shall have much to do together; I am sure that we
will get it done and that we shall do it in harmony and good will." Tonight
I renew that pledge. To you, Mr. Speaker, and to Senate Majority Leader
Robert Byrd, who brings 34 years of distinguished service to the Congress,
may I say: Though there are changes in the Congress, America's interests
remain the same. And I am confident that, along with Republican leaders Bob
Michel and Bob Dole, this Congress can make history.
Six years ago I was here to ask the Congress to join me in America's new
beginning. Well, the results are something of which we can all be proud.
Our inflation rate is now the lowest in a quarter of a century. The prime
interest rate has fallen from the 21 1/2 percent the month before we took
office to 7 1/2 percent today. And those rates have triggered the most
housing starts in 8 years. The unemployment rate--still too high--is the
lowest in nearly 7 years, and our people have created nearly 13 million new
jobs. Over 61 percent of everyone over the age of 16, male and female, is
employed--the highest percentage on record. Let's roll up our sleeves and
go to work and put America's economic engine at full throttle. We can also
be heartened by our progress across the world. Most important, America is
at peace tonight, and freedom is on the march. And we've done much these
past years to restore our defenses, our alliances, and our leadership in
the world. Our sons and daughters in the services once again wear their
uniforms with pride.
Public-domain text, read in full here on John Shaqi.
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