Richard Nixon actually said...

It is an arbitrary limit which could interfere at some future time with the effective conduct of defense production activities.

Conceivably, this aspect of the bill could be justified theoretically on the ground that the establishment of those standards will facilitat...

This is an unnecessary and undesirable restriction which should be promptly repealed.

I have no objection to this provision insofar as it provides for the establishment of cost-accounting standards.