11/3/92: President Bush Concedes Election

President Bush delivers concession speech after election loss to Arkansas Gov. Bill Clinton.
3:00 | 10/27/14

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Transcript for 11/3/92: President Bush Concedes Election
We respect. The majesty of the democratic system. I just -- that governor Clinton over in little rock and offered my congratulations. He did run a strong campaign. I wish him well in the White House and I want the country to now that. That our entire administration. Will work closely with his team to ensure -- smooth transition of power. There is important work to be done and America must always come first so we will get behind this new president -- The wrong crowd around -- me. Here especially here but all across the country. Thank you for your support and we have fought the good. Fight and we've kept the faith and I believe I have uphold held the honor. Of the president. Okay. Now I asked that we stand behind our new president and regardless of our differences. All Americans shame that say to share the same purpose. But to make this the world's greatest nation more safe and more secure and -- guarantee. Every American a shot at the American dream. And I would like to thank so many of you both work beside it made you improve America and to literally. Change the world. Let me thank our great vice president Dan Quayle. -- -- Tremendous pounding -- good for what he believes then. Okay. You. -- I have my profound gratitude. And certainly my respect and I would like to salute. So many. That that did special work Rich Bond up in the RNC Bob Teeter. Who ran -- campaign Bob Mosbacher. Our entire campaign team. And they've run a valiant effort in a very very difficult year. And I also want to salute to members of the cabinet all of whom have served who have served this nation. With honor with integrity. And with great distinction. And I would like to single out. Two leaders who represent the ideals of -- the ideal. In public service -- together they've helped lead the world through a period of unprecedented transition. I'm talking of course about to -- national security advisor Brent Scowcroft and. And I. My good friend and fellow Texan our secretary of state Jim Baker. Finally of course I want to thank my entire family. With this special emphasis on a woman named Barbara. -- It is inspired this -- Entire nation. And I think the country will always be grateful. -- tonight is really not. A night for speeches they don't want -- fair's Sarah special message with a young people of America. -- -- -- -- Okay. Okay. I remain absolutely convinced. That we are -- nation. We have been an extraordinarily difficult period that do not be deterred. Kept away from public service. By -- smoke and fire -- campaign year the ugliness of politics. As for me I plan to get. I'm gonna serve and try to find ways to help people but I plan to get very active in a grandchild business. And and in finding ways to help others but I urge you to young people of this country. To participate. In the political process it needs your idealism. It needs your drive. That needs your conviction. In again my thanks my -- my -- congratulations to governor Clinton. To his running mate senator gore and night special thanks. To each and every one of you many of you have been my side and every single political battle. May god bless the United States of America thank you very very much. You don't mind.

This transcript has been automatically generated and may not be 100% accurate.

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