We realize that some of the measures we recommend are experimental and, like nearly all pioneering legislation, will, in course of time, have to be extended and modified. They represent, however, our best judgment as to the steps which ought to be taken immediately toward the realization of what you termed in your recent message to the Congress, "the ambition of the individual to obtain for him and his a proper security, a reasonable leisure, and a decent living throughout life."
--THE COMMITTEE ON ECONOMIC SECURITY1
ON AUGUST 14, 1935, the United States laid the foundation of a new social institution. This institution--social security--had previously been established in many other countries. It is universal throughout the industrialized world, and is comparable in significance to the family, the church, the school, the court, and the other instrumentalities employed by man in serving those needs and aspirations which are common to all humanity. With us, it was called into being through the passage by the Congress and the approval by the President of the Social Security Act. Six years later, on August 14, 1941, it was included as one of the peace aims of the Atlantic Charter. Following a third August 14, VJ Day, 1945, there came an increased emphasis upon social security with many nations enacting extensions of their respective systems.
This social institution differs in its expression in the United States from its form in other countries, and their pro-____________________