 President of the United States. Well first, I want to welcome you and thank you for taking time from your busy schedules to come to Washington. These remarks are also being videotaped for the Williamsburg Conference for International Youth Exchange, so to all of you attending that conference, let me extend a welcome. This is such a distinguished group, both here and in Williamsburg. Perhaps I shouldn't tell the story of the mama mouse who was trying to teach her offspring the ways of the world and found herself one day and her family face to face with a great big cat. And she was a smart little mouse though, so she started barking like a dog. And the cat, of course, turned tail and headed for where it came from, turned to her little ones and she mama mouse said, now you see, that's the importance of a second language. Well, aren't you fellas going to sit down, aren't you fellas going to sit down? Well we do need a second language, a language of understanding. Two years ago today I took the oath of office and in my remarks I said that peace is the highest aspiration of the American people. We will negotiate for it, sacrifice for it. I still believe deeply in those words and the best way, the only way to that peace is through understanding among nations. Some of you may remember what Winston Churchill said of the United States following World War II, what other nation in history when it became supremely powerful has had no thought of territorial aggrandizement, no ambition but to use its resources for the good of the world. I think that was one of the finest chapters in our history and we have every reason to be proud. But today almost 40 years later there are many in the world, especially young people who have no personal memory of that period, who do not understand America and what she represents. They do not know that America still possesses. That spirit that Churchill described, a lack of understanding is a serious problem for our future and that's where you, the members of the President's Council for International Youth Exchange enter the picture. You and I strongly believe in the American ideal. We must trust our system and our values enough to know that young people from other countries, if they have a chance to visit us and live among us, will come to understand the American experience and there's another side to this idea. While we receive guests from other countries, we will also send our own young people to experience other cultures and to carry the American values to their host countries. To help promote the exchange, last May I propose the International Youth Exchange Initiative, which was endorsed for the leaders of the six other countries at the Versailles Economic Summit and I'm pleased that representatives of our Versailles partners could be here today. I want to thank the members of the President's Inaugural Trust for the donation of a million dollars to the Youth Exchange Program and I understand that almost another million has been, what, it's four million, a four million, all right, sold to the gentleman in the corner chair and I understand that another million has been pledged by Equitable Life, Atlantic Richfield, NVF, Phillips Industries, Time, Westinghouse, and Archer Daniels Midland. Now how much does that make it? That's the million. Well, I'm confident that these are the first of many donations from the private sector to reach our goal of ten million dollars over the next three years. The Council's work underscores our strong belief in the private sector's role in building the bridges of understanding. Understanding cannot be measured, but our reward will come from those first awkward introductions when a young person meets his or her host family and just months later when those teary-eyed goodbyes as friends part company. So I thank you all for being part of this transformation of nations into individuals. And just within the last few days, if I could add a little experience that I was not present to see, but that others of our administration were while we've been entertaining Prime Minister Nakasone of Japan. And at a dinner just recently, he and his wife and lovely daughter, he in a toast revealed that his daughter had been in such an exchange to the United States. And before he finished telling about what this experience had meant, his daughter was in tears and he was crying. And he also related and the young man who had been the exchange or the family and that he had seen them and that they too had shed tears and their happy memories of having their daughter in this country. And they felt the same way about the young man that had been in their home on the exchange. And I just thought it was very convenient that this little experience that happened right now while we're meeting here. But again, I thank you all very much. And what this exchange does is carries out something I've long believed. The world will be all right if we all start talking to each other instead of about each other. Thank you very much. Mr. President, we thank you. And as chairman of your council for International Youth Exchange, I can assure you we share your conviction that the exchange of young people undergirds the cause of peace and broadens international understanding importantly. And we want you to know, Mr. President, that we are indeed pleased to have this opportunity to serve our nation through private sector cooperation with government. To you, sir, we pledge our very best performance in support of your initiative with the intent to carry through to success. The million dollar contribution from the inaugural trust represented here today by Charlie Wick, Bob Gray, Bill Fitzgerald and Ambassador Mittendorf is a big first step that puts us on our way. But to you, sir, we promise to stay the course all the way until we have raised the entire 10 million dollars. Mr. President, we thank you for being with us today. It's getting recognition. They had tried repeatedly as we all know they get off the ground with their new flying contraption. And this story fits. They wired their sister captured. We have actually flown 120 feet. We'll be home for Christmas. She received a wire of their news and ran all the way to the local newspaper office, handed the wire to the city after a local favor. He looked at the wire and said, well, isn't it nice they're going to be home for Christmas? Because we are making problems in building for years without being addressed and they will be solved. So while I'm at it, I wonder if I might ask Drew Lewis to take Schmike to stand so we can salute them for the dedication and excellence of which they serve their country. And three, this is Jean Gilpatrick is not only a member of the cabinet, but the main United States is stronger than either the peace, freedom, progress abroad, and through it all, to renew our faith in the God who is what is our life. And he has to face the awesome progress and see only two of our housing models under numerous consumers in the galaxy that's ever reducing the is your mind. You earn it together. We'll stop the case. And gradually more and more of the way and by facing up to a different we will ensure that the lifeline of socials we're restoring dignity on the uniform and I think we believe in the moral power of Western civilization. And in America, it is to keep in your channel.