Argues that because past federal interventions in the nation's economy have created great wealth differentials among states, and because present federal policies perpetuate these inequities, the federal government should establish a federal foundation program to assure an adequate education for students in poorer states. (Author/JG)

In this speech, the author discusses the sources of revenue for public education and the methods of distributing funds for its financing. The discussion is based on the underlying premise that equalizing educational opportunity is desirable. The author points out trends in educational legislation and common philosophical points of view on school…