Our country and all the other socialist countries want peace; so do the peoples of all the countries of the world. The only ones who crave war and do not want peace are certain monopoly capitalist groups in a handful of imperialist countries that depend on aggression for their profits.

America's leadership and prestige depend, not merely upon our unmatched material progress, riches and military strength, but on how we use our power in the interests of world peace and human betterment.

We know something of the cost of that war. We were in it from December seventh, '41, till August of '45. Ever since that time, we have been waging peace. It has had its ups and downs just as the war did.

It has perhaps always been the case that the waging of peace is the hardest form of leadership of all.

In attempting to summarize the philosophy of the Republican Party I, myself, have sometimes used such phrases as moderate progressive and dynamic conservative, because we want to be known for what we are, the party of progress. And if we are the party of progress, we must be the party of peace and prosperity, because this is implicit in the term "progress."

I can't believe that we can fight a war against fascist slavery, and at the same time not work to free people all over the world from a backward colonial policy? The peace cannot include any continued despotism ... Equality of peoples involves the utmost freedom of competitive trade.