* * * Henry Clay has been gone now for more
than a century. But that principle of national unity is now a central fact
in our economic life. When homebuilding slackens in Boston, then dishwashers
and refrigerators pile up at the plants in Louisville, and workers go on
part time. When workers in Louisville are on part time, then the market
sags for the farmer who produces oranges in Florida and hogs in Iowa. When
the farmers in Iowa are in trouble, then the manufacturers in Detroit cannot
sell cars and tractors. When the manufacturer in Detroit cuts back, then
steel production drops-as it has now, to 50 percent of capacity. For better
or worse, in other words, Kentucky and Massachusetts, East and West, North
and South, are bound together.
To advance his American program - to extend
the old frontier - Henry Clay called for help from Massachusetts - in the
person of Daniel Webster. Today, as a son of Massachusetts, I ask Kentucky's
help in advancing a new American program - in extending our new frontiers.
For once again it is time that America was on the move. Once again
it is time that we firmed up the soft spots in our economy before their
blight spreads throughout the Nation.
For all is not well economically. There are
depressed areas not only in eastern Kentucky, but all over the country.
There are too many small business failures, and too much big business unemployment,
not only here in Louisville, but all over the country. Steel production
is too low, not only in Newport, but all over the country. Farmers can't
meet their bills, not only in Paducah and Bowling Green, but all over the
country.
This Nation cannot afford to stand still today
any more than it could in the days of Henry Clay. We must make a clear
decision this November - to move ahead with the programs and policies of
the Democratic Party or to drift along with the same do - nothing policies
of the Republicans.
My opponent, of course, is reluctant to admit
around election time that he is a Republican. He says he is against too
much emphasis on party labels. He says he is against the Republican Secretary
of Agriculture. He says he is against the Republican Secretary of Treasury's
tight-money policy. He says he is against the Republican Secretary of Interior's
principle of "no new starts."
On the other hand, he says he is for higher
teachers' salaries - forgetting that it was his vote that killed an amendment
offering funds to the States to raise such salaries. He says he is for
Federal aid to colleges - forgetting that he called it "undesirable" in
the days when the Democratic Congress passed it twice and the Republican
administration vetoed it twice, calling it "extravagant, inflationary,
unnecessary, and highly objectionable." It is a little late for Mr. Nixon
to be putting out a "position paper" on education - because it cannot paper
over his record or the record of the Republican Party.
Now he has a paper on housing. It is based
upon the premise - and I quote - that "the Housing Act of 1949 has worked
well." This is an interesting admission - because, as Wilson Wyatt and
others can tell you, Mr. Nixon voted against the Housing Act of 1949 and
has consistently opposed every basic feature in it. His new "position paper"
may express concern for those who live in slums. But his principal concrete
suggestion is to raise the interest rates on FHA and VA mortgages. And
the last 8 Republican years have demonstrated that higher interest rates
have never yet built one new house or cleaned up a single slum.
Mr. Nixon has also unveiled his farm program.
And it turns out to be nothing but the old Benson fables under the new
Nixon labels - basing the support price on the previous market price to
drive it down, down, down and expanding the discredited soil bank in a
futile attempt to reduce surpluses at a fantastic cost to the taxpayers.
In short, the Republicans continue to say
"no" to the 1960's - no new starts, no new schools, no new housing programs,
no new help for the farmer. I believe it is time we said "yes" to the 1960's.
I believe it is time that Massachusetts and Kentucky joined together once
again to meet the challenge of new frontiers - to recognize that progress
in one State helps progress in all, and that a slowdown in one State means
a slowdown for all. Let us initiate a program based on the principle that
Clay and Webster lived by - the rising tide lifts all the boats.
First, we must get going on the maximum development
of our rivers and natural resources in every State. George Norris did not
pioneer the TVA because it would help Nebraska. He recognized that the
development of the Tennessee Valley would be a great national asset.
Henry Clay realized that the national road
would help all States, adjacent or not. And today we should realize that
the development of our river valleys has equally widespread benefits. The
TVA and the work of the Army engineers on the Ohio River demonstrate what
development means - more heavy industry, more light industry, more construction,
and many more jobs. It means better recreational facilities - better protection
from floods. It means more revenues for local government to meet the urban
problems of too little housing and too few schools and not enough parking
space downtown.
Secondly, we must get moving on the problem
of depressed areas, whether they are in eastern Massachusetts or eastern
Kentucky. I have visited with the unemployed coal miners of West Virginia
- living off surplus foods, worrying about where the rent will come from.
I have seen the unemployed carpet workers in the Mohawk Valley of New York
- trying desperately to learn a new trade and attract new industry. I have
seen the farm-equipment plants shut down in southern Illinois, the lead
and zinc mines closed in Idaho, and the deserted textile towns of Massachusetts.
And I know, as the Bible tells us Job knew, that these troubles do not
spring from the ground. Something caused them - and something can be done
about them.
This Government is spending billions of dollars
a year - in defense contracts, in housing, on highways, in education and
other programs. And consideration must be given in the administration of
those funds to help, not hurt, our most needy communities. Twice the Congress
has passed a bill to help our distressed areas - twice that bill has been
vetoed - but next year I promise you it will be signed.
Third, we must get moving on a constructive
new program to strengthen the national economy by strengthening our farm
economy. The one bright spot in the whole farm picture is tobacco - because
the Democratic Congress put through a really worthwhile tobacco program,
and protected it against Republican vetoes and Benson sabotage. That program
has two essential features - full parity of income for the producers, and
effective controls to bring supply into balance with demand. And I believe
it is high time we made those two features the basis of our farm program
for all commodities.
For that kind of program is in the best interests
of the producers, the consumers, and the taxpayers. By helping the farmers,
it helps the workers. By helping your State, it helps mine. Depression
on the farm means depression in the small town and then depression in the
city. It is time we replaced this downward spiral heading for a farm depression
with an upward spiral of farm prosperity.
Finally, we must get moving on policies designed
to strengthen our economy and society in every segment - helping the young
in need of education, the aged in need of medical care, the small businessman
in need of credit. Children whose education suffers from overcrowded classrooms
or underpaid teachers can never gain back what they have lost - and it
is the Nation's loss as well as theirs. Wage earners who must help their
aged parents bear the high cost of drugs and medical bills - because they
would never require their parents to take a Republican pauper's oath -
have less money to build a future for themselves and their families. And
the same high rates of interest that tie up the small businessman - or
force him into bankruptcy - also slow
down the farmer and discourage the homebuilder.
In short, the restrictive, negative policies
of the Republican Party put a drag on our whole economy. By hurting one
party they hurt us all. By holding back one area they hold back all. And
this is no time for holding back the energies and efforts of the American
people.
For these are not only domestic problems.
These are problems of national strength. And only a strong America can
stand up to Mr. Khrushchev, no matter how many debates we have in the kitchen.
Only a strong America can attract the new nations of the world, no matter
how many good will tours we take.
Why is it that so many of these countries
turn their backs on us, and open their arms to Russia? It is not because
they are Communists. Nkrumah of Ghana is no Communist. Sukarno of Indonesia
is no Communist. But they are men on the move. They want the full fruits
of independence. They want better homes for their people, and more jobs,
and paved roads, and schools, and doctors, and cities, and food. They have
turned to Washington, and found no response, because for 8 years Washington
has not been on the move; and so they turn to Moscow, for the Russians
have been moving.
These countries and these leaders speak a
variety of languages. But once this country begins to move again, we will
be speaking the language they understand; and they will turn their backs
on those who would make a mockery of their new freedom, and rally to those
who started the fight for independence.
None of this will be easy. The frontiers which
Henry Clay conquered were not easy. But history was on his side - and I
believe that history is on our side - on the side of free men. And I believe
that once we are on the move, the sun will shine bright, not only on old
Kentucky homes, but on new homes, across Kentucky, across America, and
across the world.