Richard Nixon actually said...

I hereby terminate paragraphs B and C of Proclamation 4074.

Proclamation 4098—Termination of Additional Duty for Balance of Payments Purposes

12/19/1971

More Richard Nixon Quotes

The functions conferred upon the President by sections 621 (b), 625 (d) (1), 627, 628, 629 (b), 630, and 635 (d) of the Act insofar as such ...

This memorandum establishes a Council on International Economic Policy.

The State Department will chair the Operations Group.

Deal with international economic policies--including trade, investment, balance of payments, finance--as a coherent whole.