Richard Nixon: “It is my hope that a system of Youth Advisory Committees will result in a better informed and more responsive draft…”

Time is now of the essence with regard to the trade bill.

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 invite the Governors of the States and of the Commonwealth of Puerto Rico and other officials at the local level to issue similar proclamations.

This was a serious act of omission for which I take full responsibility and which I deeply regret.