Richard Nixon: “However, looking at the whole of Southeast Asia, looking at the fact that we have lost lives there, I would say that…”

We think that when we suffer a defeat that all is ended.

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.

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

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