April 2 Every gun that is made, every warship launched, every rocket fired signify in the final sense, a theft from those who hunger and are not fed, those who are cold and not clothed. This world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children. Dwight D. Eisenhower, 34th President, 1953-1961-"Chance for Peace" speech to the American Society of Newspaper Editors on April 16, 1953.- Although Eisenhower, formerly Supreme Commander of Allied Forces in Europe in World War II, spoke against increased military spending, the Cold War deepened during his administration and political pressures for increased military spending mounted. By the time he left office in 1961, he felt it necessary to warn of the military-industrial complex. From Wikipedia, the free encyclopedia. In his speech Eisenhower reasons, "...In this spring of 1953 the free world weighs one question above all others: the chances for a just peace for all peoples. To weigh this chance is to summon instantly to mind another recent moment of great decision. It came with that yet more hopeful spring of 1945, bright with the promise of victory and of freedom. The hopes of all just men in that moment too was a just and lasting peace. The 8 years that have passed have seen that hope waver, grow dim, and almost die. And the shadow of fear again has darkly lengthened across the world...The Soviet government held a vastly different vision of the future. In the world of its design, security was to be found, not in mutual trust and mutual aid but in force: huge armies, subversion, rule of neighbor nations. The goal was power superiority at all cost. Security was to be sought by denying it to all others...It instilled in the free nations -- and let none doubt this -- the unshakable conviction that, as long as there persists a threat to freedom, they must, at any cost, remain armed, strong, and ready for the risk of war...The worst to be feared and the best to be expected can be simply stated. The worst is atomic war. The best would be this: a life of perpetual fear and tension; a burden of arms draining the wealth and the labor of all peoples; a wasting of strength that defies the American system or the Soviet system or any system to achieve true abundance and happiness for the peoples of this earth. Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. This world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children. The cost of one modern heavy bomber is this: a modern brick school in more than 30 cities. It is two electric power plants, each serving a town of 60,000 population. It is two fine, fully equipped hospitals... There is, before all peoples, a precarious chance to turn the black tide of events. If we failed to strive to seize this chance, the judgment of future ages will be harsh and just. The purpose of the United States, in stating these proposals, is simple. These proposals spring, without ulterior motive or political passion, from our calm conviction that the hunger for peace is in the hearts of all people -- those of Russia and of China no less than of our own country. They conform to our firm faith that God created man to enjoy, not destroy, the fruits of the earth and of their own toil.