And so we in the United States feel that we are very fortunate to be able to be partners in cooperating toward that future, not simply in our defense, which is very important, but also in terms of our economic cooperation, our cultural cooperation, and in every other area in which two great peoples with so many ties in the past have the opportunity to work together for a greater future.
Toasts of the President and Prince Juan Carlos of Spain
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This legislation exceeds my budgetary recommendations by such a large amount--some $540 million--that it presents a clear and distinct threat to our fight against inflation and cannot be accepted.
I am pleased that in this bill the Congress has expressed support for our objectives by authorizing $22.2 billion for military procurement purposes during fiscal year 1975.
It is essential that we move ahead to revitalize the global trading system through multilateral negotiations.
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