Richard Nixon: “I am pleased to announce that Honorable Rogers C. B. Morton, Secretary of the Interior, has agreed to serve as Chairman…”

May God's grace be with you in all the days ahead.

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 take this occasion once again to urge prompt and final action on the Trade Reform Act.

I did not realize the extent of the implications which these conversations might now appear to have.