 Thank you. Thank you very much. Thank you. Please be seated. It's a great pleasure to be here with all of you today. Your work this summer is going to be a great opportunity for both you and our country. You'll have a chance to get to know the other peoples and cultures and a chance to perhaps bring some of both back with you. For many generations, we Americans were able to live in a splendid isolation, bordered as we were by the two vast oceans. But in this century, we've learned the hard way that those days are over, that like it or not, this nation is the final repository of mankind's greatest dream, the dream of human freedom and a world at peace. For us to withdraw our retreat into isolationism again, that we'd known for so many years, I think would be, well, it would simply turn back and give control to those who believe in violence and war and they'd have the final say on the world that we live in. So that's why I'm delighted that you're here and why I'm certain that those you encounter in your travels will find young Americans interested in the world around them, young Americans that are open to a different way of life and different ways of looking at history and current events. And I'm certain that you will avoid having said of you what George Bernard Shaw said of a gentleman of his acquaintance. Shaw was quite a cynic. He said he knows nothing, he thinks he knows everything that clearly points to a political career. Well, many you encounter will be very curious about you and where you come from in this place called America. Bob Orban tells this story. Our son came home from college for the weekend and I asked him, how are things going? He said, good. And I said, how's the food? He said, good. I said, and the dormitory. He said, good. I said, well, they've always had a strong football team. How do you think they'll do this year? He said, good. I said, well, now how are your studies going? He said, good. And I said, have you decided on your major yet? And he said, yes. I said, what is it? He said, communication. Well, don't be afraid to tell them what you think and to speak from your heart when you're over there. There's a lot to communicate to the outside world about what's going on in this country. I just returned from Venice where I had a chance to address the young people of Europe in a speech over WorldNet. I mentioned then, as I mentioned to you now, that we're a country of peace interested not just in controlling nuclear arms but in dramatically reducing them in number. When we first made such proposals a few years ago the critics were in full cry saying we were impractical and our steps were unacceptable. Today the Soviet Union is publicly agreeing with those suggestions and for the first time we have before us a chance to radically reduce the number of weapons. And this, together with new defensive systems like SDI offer the world an historic chance to escape the cloud of nuclear terror that has hung so heavily over the last part of the 20th century. In my WorldNet speech I also pointed out that the United States is for world freedom as well as world peace. I tried to convey the excitement that is freedom and the growing realization that the only way for political freedom to prosper is to guarantee the equally important right to economic freedom. You know, we take it so for granted this freedom of ours. I've never forgotten the story told to me by a publisher, a book publisher who was of German extraction. Now he had been growing up at your age in Germany when it was, this was long before Hitler this was in the era of the Republic. Now we have a Republic, they had a Republic and I asked him once because as a publisher I noticed that he went out of his way to publish the writings of people who were writing on events and on philosophy of our country and so forth and political works of that kind. And he told me why and he said can you imagine what it was one day in a classroom to hear a professor define freedom for us and he used the United States. He said imagine that you have arrived in the United States, you are standing on the Atlantic shore ahead of you is 3,000 miles of country. He said you are absolutely free to take off through those 3,000 miles on your own stop any place you wanted to stop for as long as you wanted to stop and finally pick where you wanted to live and decide to settle down there. And he said he was talking to a class of us who lived in a society where if you wanted to move from where you lived in one town just across to the other side of town you had to go to the city hall and get a permit and then you had to explain why you were moving and where you were going and so forth and he just never forgot that and so he ended up as a publisher of books in the United States. Well it is true and as you look around at yourselves and if we took all the lists of all your names and started analyzing the background of those names it would turn out that literally every part of the world is your heritage. Here you are, all Americans and you trace your heritage to as I say every corner of the world and in other words those that we follow our ancestors happen to be people with a special a special belief in freedom and courage in their hearts that made them tear up roots wherever they lived leave family and friends if need be and travel to this new land where most cases they didn't even know the language before they got here and do it because of that extra urge for freedom that just the rest of their neighbors didn't have and we are kind of a miracle. I have always said you may call it mysticism if you will but there had to be some divine plan that placed these great continents here in the two great oceans to be found by that kind of people and that maybe is our purpose in life. Now we all have a kind of an affinity even though we aren't the original immigrants but some are and some it's grandparents some great grandparents and further back than that are parents and we in America the only place where you meet somebody the first thing you know you find out saying well I'm German American and usually it's a mix anymore because we've all lived here long enough that we get together and marry across what might have been national lines and yes it's alright to have an affinity for what was the mother country for all of us as a man takes a wife unto himself he doesn't stop loving his mother because of that but at the same time we're all Americans I'll get back to that little later on and some more about that but if you look at history I think you'll find that the first signs of decline in great nations were economic ones decline brought on by governments that spend too much of their citizens' hard-earned money and then burden them with excessive taxation and inflation in order to foot the bill all around the world today there's an increasing appreciation of this lesson an increasing realization that growth and opportunity means getting big government out of the way and letting free peoples reach as far and as high as their talents and ambitions will take them now there's more and more understanding that just as we have the right to speak and publish and assemble and vote we also have rights to enjoy the fruits of our labor and not be overtaxed and overburdened by government I once had an adventure with a state senator in California when I was governor we didn't understand that we turned up with a surplus one year of $850 million and the legislature had all kinds of ideas what to do with it I had an idea too as governor I went before the people publicly and said we're going to give it back to you one day this senator stormed into my office he said I think giving this money back to the people is an unnecessary expenditure of public funds where did you think it came from in the first place but there are some that begin to think that it's government's money and they just let us keep a little of it well in many ways this is a reflection of what's been happening here in our own country during the past six and a half years all the way along the choice has been the same more taxes, more spending, more regulation more deficits or the other choice less of all four and a lot more growth opportunity and a bright economic future for my generation and yours when I was in Europe several leaders spoke to me about the threat that too much deficit spending posed to the world economy we're that important anymore economically we can cause hard times in other countries by things we do here in America in the last few years the congress adopted something called Graham Rudman Hollings and that was a plan to gradually reduce the deficit to set a goal down here and say each year we will come closer and finally we will reach the balanced budget because for more than 50 years we've been deficit spending we made progress but now there are signs that some are going back on that commitment the very commitment that so many other nations in the world are concerned about because they know how important our economic strength is as I said to their own well-being well as I said the other day we've reached break point decision time and lately some in Capitol Hill have been upset with me for mentioning this that the people they've been counseling me through the media that the people aren't listening that they don't care anymore well I have to politely reject this advice I know these decisions are important now and they lay the foundation for our country as it faces the challenges of the 21st century the century where you will be taking charge of this country I mention all this because some of those you meet abroad will ask you about this matter and are sometimes noisy arguments over here and I hope you'll mention to them that our capacity for arguing and arguing it all out in public is actually the strength of our system that dissent is not disunity it's true there aren't many secrets here but it's also true that that's what democracy is all about and why it's stronger over the long run and why freedom has a staying power I guess what I'm hoping that you'll convey to our friends abroad is that sometimes in order to understand this country you have to step back and give it a little perspective like the cowboy who one day rode into the Grand Canyon looked around and exclaimed wow something happened here well point to America and her history and something happened here you know again I want to speak of the uniqueness of our society and I hope that you will find ways to gently portray this now that doesn't mean you have to be the way American tourists were when we first began to go back to the motherland and visit the ancestors or the families and so forth I guess we were a little brash at the time they tell a story about an elderly farm couple that went over and they were in Italy and they were looking at one of the volcanoes over there and the tourist guide was telling them the heat that came out of that volcano and this and that and all the great power of it and the old boy turned to his wife and he said we got a volunteer fire department at home put that thing out in five minutes you don't want to do that think about us and it's here in this room present with all of you you can leave here and move to Japan which can't become Japanese you can move here in France you can't become a Frenchman or a French woman Greece and not become a Greek Turkey all of these but anybody any place from any corner in the world can come to live in America and become an American and I guess we're the only place where that is true and that's what we're all about you know it's the magic and the mystery the majesty of freedom it's your heritage wherever you go be proud of it now my very best to each of you before you go there not only this summer but in all the days ahead and my watch tells me that that 11 year old girl gave me a letter one day was right soon after I got here I was amazed at 11 years old she told me all the important things I was going to have to deal with and what the great problems were and then she wound up with a PS she said now get back over to the Oval Office and go to work you know that's what I have to do but I wish we could stay here and visit and I wish that we could have a meeting when you come back again your assessment of the countries that you've been in and what you've seen and what you've learned from them but also let them learn a little bit about us that we're not against anybody and we want peace and we want to be neighbors with all the world and for one thing we've proven to all the world that the old hatreds that used to exist and the rivalries on opposite sides of borders of other countries look at us we've crossed all those borders we're a melding pot and we found out we're all human beings and it works so God bless you and have a good time while you're there I know you will, thank you Mr. President my name is Melanie Mandracchia and I come from Collegeville, Pennsylvania on behalf of the people of people international we would like to thank you for visiting with us today please extend our thanks to the First Lady as well Mrs. Reagan for a sincere appreciation for her efforts and her many accomplishments in helping the young men and women of this country to make healthy and constructive decisions in their lives I'd like to present you with this plaque as a token of our appreciation for your support in the international youth exchange well thank you very much I'm very proud to have this and proud to see you and what did you say your name was? Melanie Mandracchia what background is that? it's Italian it's Italian as I say it was just there Venice they must have had a hard spring because from the helicopter when I looked down all the streets seemed to be flooded there well I guess it's probably not as fine as Irish except that on my mother's side it was English and Scotch and uh here we are well listen I thank you very much for this and very honored as I say to have been here to see you all all right go get them