In many ways, from cutting budget, reducing expenses, keeping down, for example, in every field that I know, we have tried to be on the conservative, middle-of-the-road side. But that has not apparently been publicized sufficiently.
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If a government is to be prudent its taxes must produce ample revenues without discouraging enterprise; and if it is to be just it must distribute the burden of taxes equitably.
I believe we should be conservative. I believe we should conserve on everything that is basic to our system. We should be dynamic in applying it to the problems of the day so that all 163 million Americans will profit from it.
I will continue to strive and struggle to apply what I think are conservative principles to the modern problems that we have so that not only in our legislative and governmental processes, but so far as I can help bring it about in our thinking processes, we will come to see the benefit of what I call the middle-of-the-road Government.
The adherence to conservative principles in the finances of the Government, in the relationship of the Government to the individual, to the State and to the locality... do demand different actions on the part of Government than were so in the past. Now that is what I am trying to do, and I will keep trying.
Let's do in the federal Government only those things that people themselves cannot do at all, or cannot so well do in their individual capacities.
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