Economy

But there is no reason for the Small Business Administration to clutch on and hold on to this large inventory.

This bill that the Congress has sent me gives the Small Business Administration the authority to carry out our program for the coming year.

It has provided the American businessman with increased opportunities to export more United States products and services.

Federal lending neither can, nor should, shoulder the entire job.

The consumer has a right to a dollar of stable purchasing power.

The consumer's interest is the American interest.

Every savings bond is a contribution to our national security.

The act I sign this morning authorizes the United States of America to ratify the charter of the Asian Development Bank.

Our programs must be both effective and economical.

While human values are always our prime consideration, we should not ignore the sound public investment that would result by reducing our public welfare rolls through vocational rehabilitation.

It has come because we have learned the economic facts of life and we now realize that recession and inflation are not inevitable.

They can be avoided through sound economic fiscal policies.

Today the Federal Reserve System of our Nation has a new Governor.

We must continue to sustain high employment without inflation.

No member of that partnership, from Government's viewpoint, is more important or has greater responsibilities than the Federal Reserve System of this country.

The minimum wage for American workers has been an essential part of national policy for almost thirty years.

We must direct effective manpower policies to reduce unemployment and head off shortages.

$110.92 the weekly earnings reached for the American factory worker.