Washington

On Tuesday Hillary Clinton made the best speech of her campaign. She told the American Society of Newspaper Editors how she conceives "the power and promise of the presidency." She asserted that President Bush had been "unready" for the office, did not understand its "constitutional character," exhibited in his decisions an "ideological disdain." She said she hopes to "restore balance and purpose" to the presidency, and detailed specific actions she would take immediately on entering the White House.

It...