So let us all now join together in affirming that common commitment and in helping our new President succeed for the benefit of all Americans. I shall leave this office with regret at not completing my term but with gratitude for the privilege of serving as your President for the past five and a half years. These years have been a momentous time in the history of our nation and the world. They have been a time of achievement in which we can all be proud, achievements that represent the shared efforts of the administration, the Congress and the people. But the challenges ahead are equally great.

　　And they, too, will require the support and the efforts of the Congress and the people, working in cooperation with the new Administration.We have ended America's longest war. But in the work of securing a lasting peace in the world, the goals ahead are even more far-reaching and more difficult. We must complete a structure of peace, so that it will be said of this generation -- our generation of Americans -- by the people of all nations, not only that we ended one war but that we prevented future wars.

　　We have unlocked the doors that for a quarter of a century stood between the United States and the People's Republic of China. We must now insure that the one-quarter of the world's people who live in the People's Republic of China will be and remain, not our enemies, but our friends.In the Middle East, 100 million people in the Arab countries, many of whom have considered us their enemy for nearly 20 years, now look on us as their friends.

　　We must continue to build on that friendship so that peace can settle at last over the Middle East and so that the cradle of civilization will not become its grave. Together with the Soviet Union we have made the crucial breakthroughs that have begun the process of limiting nuclear arms. But, we must set as our goal, not just limiting, but reducing and finally destroying these terrible weapons, so that they cannot destroy civilization. And so that the threat of nuclear war will no longer hang over the world and the people.

　　We have opened a new relation with the Soviet Union. We must continue to develop and expand that new relationship, so that the two strongest nations of the world will live together in cooperation rather than confrontation.Around the world -- in Asia, in Africa, in Latin America, in the Middle East -- there are millions of people who live in terrible poverty, even starvation. We must keep as our goal turning away from production for war and expanding production for peace so that people everywhere on this earth can at last look forward, in their children's time, if not in our own time, to having the necessities for a decent life.