Richard Nixon: “A great deal of usefulness.”

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.

Further study is essential if we are to avoid ineffective Federal spending for these purposes.

It is essential that we move ahead to revitalize the global trading system through multilateral negotiations.

This, more than anything, is what I hope will be my legacy to you, to our country, as I leave the Presidency.