Translator in Bali, rudyanto@deacons.com

Following are excerpts from John McCain’s concession speech in Phoenix, as transcribed by CQ Transcriptions and transmitted by The Associated Press:

Thank you. Thank you, my friends. Thank you for coming here on this beautiful Arizona evening.

My friends, we have - we have come to the end of a long journey. The American people have spoken, and they have spoken clearly.

A little while ago, I had the honor of calling Senator Barack Obama to congratulate him on being elected the next president of the country that we both love.

In a contest as long and difficult as this campaign has been, his success alone commands my respect for his ability and perseverance. But that he managed to do so by inspiring the hopes of so many millions of Americans who had once wrongly believed that they had little at stake or little influence in the election of an American president is something I deeply admire and commend him for achieving.

This is an historic election, and I recognize the special significance it has for African-Americans and for the special pride that must be theirs tonight.

I’ve always believed that America offers opportunities to all who have the industry and will to seize it. Senator Obama believes that, too.

But we both recognize that, though we have come a long way from the old injustices that once stained our nation’s reputation and denied some Americans the full blessings of American citizenship, the memory of them still had the power to wound.

A century ago, President Theodore Roosevelt’s invitation of Booker T. Washington to dine at the White House was taken as an outrage in many quarters.

America today is a world away from the cruel and frightful bigotry of that time. There is no better evidence of this than the election of an African-American to the presidency of the United States.

Let there be no reason now - let there be no reason now for any American to fail to cherish their citizenship in this, the greatest nation on Earth.

Senator Obama has achieved a great thing for himself and for his country. I applaud him for it, and offer him my sincere sympathy that his beloved grandmother did not live to see this day. Though our faith assures us she is at rest in the presence of her Creator and so very proud of the good man she helped raise.

Senator Obama and I have had and argued our differences, and he has prevailed. No doubt many of those differences remain.

These are difficult times for our country. And I pledge to him tonight to do all in my power to help him lead us through the many challenges we face.

I urge all Americans - I urge all Americans who supported me to join me in not just congratulating him, but offering our next president our good will and earnest effort to find ways to come together to find the necessary compromises to bridge our differences and help restore our prosperity, defend our security in a dangerous world, and leave our children and grandchildren a stronger, better country than we inherited.

Whatever our differences, we are fellow Americans. And please believe me when I say no association has ever meant more to me than that.

It is natural. It’s natural, tonight, to feel some disappointment. But tomorrow, we must move beyond it and work together to get our country moving again.

We fought - we fought as hard as we could. And though we fell short, the failure is mine, not yours.

I am so deeply grateful to all of you for the great honor of your support and for all you have done for me. I wish the outcome had been different, my friends.

The road was a difficult one from the outset, but your support and friendship never wavered. I cannot adequately express how deeply indebted I am to you.

I’m especially grateful to my wife, Cindy, my children, my dear mother - my dear mother and all my family, and to the many old and dear friends who have stood by my side through the many ups and downs of this long campaign.

I am also, of course, very thankful to Governor Sarah Palin, one of the best campaigners I’ve ever seen and an impressive new voice in our party for reform and the principles that have always been our greatest strength.

This campaign was and will remain the great honor of my life, and my heart is filled with nothing but gratitude for the experience and to the American people for giving me a fair hearing before deciding that Senator Obama and my old friend Senator Joe Biden should have the honor of leading us for the next four years.

In front of tens of thousands of cheering supporters, Barack Obama gave his acceptance speech one hour after it became clear he’d be the next President of the United States of America.

Here are excerpts from the speech delivered at Grant Park in Chicago.

On the significance of his election:
“If there is anyone out there who still doubts that America is a place where all things are possible; who still wonders if the dream of our founders is alive in our time; who still questions the power of our democracy, tonight is your answer.”

***

“It’s been a long time coming, but tonight, because of what we did on this day, in this election, at this defining moment, change has come to America.”

***

“I will never forget who this victory truly belongs to - it belongs to you.”

Echoes of the 2004 speech that made him a household name:
“It’s the answer spoken by young and old, rich and poor, Democrat and Republican, black, white, Latino, Asian, Native American, gay, straight, disabled and not disabled - Americans who sent a message to the world that we have never been a collection of Red States and Blue States: we are, and always will be, the United States of America.”

On John McCain:
“I just received an extraordinarily gracious call from Senator McCain.  He fought long and hard in this campaign, and he’s fought even longer and harder for the country he loves.  He has endured sacrifices for America that most of us cannot begin to imagine, and we are better off for the service rendered by this brave and selfless leader.  I congratulate him and Governor Palin for all they have achieved, and I look forward to working with them to renew this nation’s promise in the months ahead.”

On his family:
“I would not be standing here tonight without the unyielding support of my best friend for the last sixteen years, the rock of our family and the love of my life, our nation’s next First Lady, Michelle Obama.  Sasha and Malia, I love you both so much, and you have earned the new puppy that’s coming with us to the White House.  And while she’s no longer with us, I know my grandmother is watching, along with the family that made me who I am.  I miss them tonight, and know that my debt to them is beyond measure.”

On the future:
“The road ahead will be long.  Our climb will be steep.  We may not get there in one year or even one term, but America - I have never been more hopeful than I am tonight that we will get there.  I promise you - we as a people will get there.

There will be setbacks and false starts.  There are many who won’t agree with every decision or policy I make as President, and we know that government can’t solve every problem.  But I will always be honest with you about the challenges we face.  I will listen to you, especially when we disagree.  And above all, I will ask you join in the work of remaking this nation the only way it’s been done in America for two-hundred and twenty-one years - block by block, brick by brick, calloused hand by calloused hand.”

On bipartisanship:
“Let us remember that it was a man from this state who first carried the banner of the Republican Party to the White House - a party founded on the values of self-reliance, individual liberty, and national unity. Those are values we all share, and while the Democratic Party has won a great victory tonight, we do so with a measure of humility and determination to heal the divides that have held back our progress.  As Lincoln said to a nation far more divided than ours, “We are not enemies, but friends…though passion may have strained it must not break our bonds of affection.” And to those Americans whose support I have yet to earn - I may not have won your vote, but I hear your voices, I need your help, and I will be your President too.”

On the genius of America:
“To all those who have wondered if America’s beacon still burns as bright - tonight we proved once more that the true strength of our nation comes not from our the might of our arms or the scale of our wealth, but from the enduring power of our ideals: democracy, liberty, opportunity, and unyielding hope.

For that is the true genius of America - that America can change.  Our union can be perfected.  And what we have already achieved gives us hope for what we can and must achieve tomorrow.”

On the moment:
“America, we have come so far.  We have seen so much.  But there is so much more to do.  So tonight, let us ask ourselves - if our children should live to see the next century; if my daughters should be so lucky to live as long as Ann Nixon Cooper, what change will they see?  What progress will we have made?

This is our chance to answer that call.  This is our moment.  This is our time - to put our people back to work and open doors of opportunity for our kids; to restore prosperity and promote the cause of peace; to reclaim the American Dream and reaffirm that fundamental truth - that out of many, we are one; that while we breathe, we hope, and where we are met with cynicism, and doubt, and those who tell us that we can’t, we will respond with that timeless creed that sums up the spirit of a people:

Yes We Can.”

By ADAM NAGOURNEY

Published: November 4, 2008

Elisabeth Bumiller contributed reporting from Phoenix, Marjorie Connelly from New York and Jeff Zeleny from Chicago.

Barack Hussein Obama was elected the 44th president of the United States on Tuesday, sweeping away the last racial barrier in American politics with ease as the country chose him as its first black chief executive.

The election of Mr. Obama amounted to a national catharsis — a repudiation of a historically unpopular Republican president and his economic and foreign policies, and an embrace of Mr. Obama’s call for a change in the direction and the tone of the country.

But it was just as much a strikingly symbolic moment in the evolution of the nation’s fraught racial history, a breakthrough that would have seemed unthinkable just two years ago.

Mr. Obama, 47, a first-term senator from Illinois, defeated Senator John McCain of Arizona, 72, a former prisoner of war who was making his second bid for the presidency.

To the very end, Mr. McCain’s campaign was eclipsed by an opponent who was nothing short of a phenomenon, drawing huge crowds epitomized by the tens of thousands of people who turned out to hear Mr. Obama’s victory speech in Grant Park in Chicago.

Mr. McCain also fought the headwinds of a relentlessly hostile political environment, weighted down with the baggage left to him by President Bush and an economic collapse that took place in the middle of the general election campaign.

“If there is anyone out there who still doubts that America is a place where all things are possible, who still wonders if the dream of our founders is alive in our time, who still questions the power of our democracy, tonight is your answer,” said Mr. Obama, standing before a huge wooden lectern with a row of American flags at his back, casting his eyes to a crowd that stretched far into the Chicago night.

“It’s been a long time coming,” the president-elect added, “but tonight, because of what we did on this date in this election at this defining moment, change has come to America.”

Mr. McCain delivered his concession speech under clear skies on the lush lawn of the Arizona Biltmore, in Phoenix, where he and his wife had held their wedding reception. The crowd reacted with scattered boos as he offered his congratulations to Mr. Obama and saluted the historical significance of the moment.

“This is a historic election, and I recognize the significance it has for African-Americans and for the special pride that must be theirs tonight,” Mr. McCain said, adding, “We both realize that we have come a long way from the injustices that once stained our nation’s reputation.”

Not only did Mr. Obama capture the presidency, but he led his party to sharp gains in Congress. This puts Democrats in control of the House, the Senate and the White House for the first time since 1995, when Bill Clinton was in office.

The day shimmered with history as voters began lining up before dawn, hours before polls opened, to take part in the culmination of a campaign that over the course of two years commanded an extraordinary amount of attention from the American public.

As the returns became known, and Mr. Obama passed milestone after milestone —Ohio, Florida, Virginia, Pennsylvania, New Hampshire, Iowa and New Mexico — people rolled spontaneously into the streets to celebrate what many described, with perhaps overstated if understandable exhilaration, a new era in a country where just 143 years ago, Mr. Obama, as a black man, could have been owned as a slave.

For Republicans, especially the conservatives who have dominated the party for nearly three decades, the night represented a bitter setback and left them contemplating where they now stand in American politics.

Mr. Obama and his expanded Democratic majority on Capitol Hill now face the task of governing the country through a difficult period: the likelihood of a deep and prolonged recession, and two wars. He took note of those circumstances in a speech that was notable for its sobriety and its absence of the triumphalism that he might understandably have displayed on a night when he won an Electoral College landslide.

“The road ahead will be long, our climb will be steep,” said Mr. Obama, his audience hushed and attentive, with some, including the Rev. Jesse Jackson, wiping tears from their eyes. “We may not get there in one year or even one term, but America, I have never been more hopeful than I am tonight that we will get there. I promise you, we as a people will get there.” The roster of defeated Republicans included some notable party moderates, like Senator John E. Sununu of New Hampshire and Representative Christopher Shays of Connecticut, and signaled that the Republican conference convening early next year in Washington will be not only smaller but more conservative.

Mr. Obama will come into office after an election in which he laid out a number of clear promises: to cut taxes for most Americans, to get the United States out of Iraq in a fast and orderly fashion, and to expand health care.

In a recognition of the difficult transition he faces, given the economic crisis, Mr. Obama is expected to begin filling White House jobs as early as this week.

Mr. Obama defeated Mr. McCain in Ohio, a central battleground in American politics, despite a huge effort that brought Mr. McCain and his running mate, Gov. Sarah Palin of Alaska, back there repeatedly. Mr. Obama had lost the state decisively to Senator Hillary Rodham Clinton of New York in the Democratic primary.

Mr. McCain failed to take from Mr. Obama the two Democratic states that were at the top of his target list: New Hampshire and Pennsylvania. Mr. Obama also held on to Minnesota, the state that played host to the convention that nominated Mr. McCain; Wisconsin; and Michigan, a state Mr. McCain once had in his sights.

The apparent breadth of Mr. Obama’s sweep left Republicans sobered, and his showing in states like Ohio and Pennsylvania stood out because officials in both parties had said that his struggles there in the primary campaign reflected the resistance of blue-collar voters to supporting a black candidate.

“I always thought there was a potential prejudice factor in the state,” Senator Bob Casey, a Democrat of Pennsylvania who was an early Obama supporter, told reporters in Chicago. “I hope this means we washed that away.”

Mr. McCain called Mr. Obama at 10 p.m., Central time, to offer his congratulations. In the call, Mr. Obama said he was eager to sit down and talk; in his concession speech, Mr. McCain said he was ready to help Mr. Obama work through difficult times.

“I need your help,” Mr. Obama told his rival, according to an Obama adviser, Robert Gibbs. “You’re a leader on so many important issues.”

Mr. Bush called Mr. Obama shortly after 10 p.m. to congratulate him on his victory.

“I promise to make this a smooth transition,” the president said to Mr. Obama, according to a transcript provided by the White House .“You are about to go on one of the great journeys of life. Congratulations, and go enjoy yourself.”

For most Americans, the news of Mr. Obama’s election came at 11 p.m., Eastern time, when the networks, waiting for the close of polls in California, declared him the victor. A roar sounded from the 125,000 people gathered in Hutchison Field in Grant Park at the moment that they learned Mr. Obama had been projected the winner.

The scene in Phoenix was decidedly more sour. At several points, Mr. McCain, unsmiling, had to motion his crowd to quiet down — he held out both hands, palms down — when they responded to his words of tribute to Mr. Obama with boos.

Mr. Obama, who watched Mr. McCain’s speech from his hotel room in Chicago, offered a hand to voters who had not supported him in this election, when he took the stage 15 minutes later. “To those Americans whose support I have yet to earn,” he said, “I may not have won your vote, but I hear your voices, I need your help, and I will be your president, too.”

Initial signs were that Mr. Obama benefited from a huge turnout of voters, but particularly among blacks. That group made up 13 percent of the electorate, according to surveys of people leaving the polls, compared with 11 percent in 2006.

In North Carolina, Republicans said that the huge surge of African-Americans was one of the big factors that led to Senator Elizabeth Dole, a Republican, losing her re-election bid.

Mr. Obama also did strikingly well among Hispanic voters; Mr. McCain did worse among those voters than Mr. Bush did in 2004. That suggests the damage the Republican Party has suffered among those voters over four years in which Republicans have been at the forefront on the effort to crack down on illegal immigrants.

The election ended what by any definition was one of the most remarkable contests in American political history, drawing what was by every appearance unparalleled public interest.

Throughout the day, people lined up at the polls for hours — some showing up before dawn — to cast their votes. Aides to both campaigns said that anecdotal evidence suggested record-high voter turnout.

Reflecting the intensity of the two candidates, Mr. McCain and Mr. Obama took a page from what Mr. Bush did in 2004 and continued to campaign after the polls opened.

Mr. McCain left his home in Arizona after voting early Tuesday to fly to Colorado and New Mexico, two states where Mr. Bush won four years ago but where Mr. Obama waged a spirited battle.

These were symbolically appropriate final campaign stops for Mr. McCain, reflecting the imperative he felt of trying to defend Republican states against a challenge from Mr. Obama.

“Get out there and vote,” Mr. McCain said in Grand Junction, Colo. “I need your help. Volunteer, knock on doors, get your neighbors to the polls, drag them there if you need to.”

By contrast, Mr. Obama flew from his home in Chicago to Indiana, a state that in many ways came to epitomize the audacity of his effort this year. Indiana has not voted for a Democrat since President Lyndon B. Johnson’s landslide victory in 1964, and Mr. Obama made an intense bid for support there. He later returned home to Chicago play basketball, his election-day ritual.