Richard Nixon

All Americans mourn the loss of this dedicated President of the Church of Jesus Christ of Latter-day Saints, and we send our heartfelt sympathy to the members of the Church and to President Lee's family.

Mrs. Nixon and I were deeply saddened to learn of the sudden death of Harold B. Lee.

While we will miss his presence among us, the greatest tribute we can pay to his life will be to carry on his mission of concern and compassion for mankind.

The tax imposed by section 4911 of the Internal Revenue Code of 1954 on the acquisition of stock shall be equal to 3.75 percent of the actual value of the stock.

I indicated my strong opposition to such termination in my message to the Congress of July 8, 1970.

I join the national Indian organizations, the Congress, and the public in expressing my pleasure and satisfaction at seeing this bill enacted.

I do regret very much that during this critical period just ahead we will not have the emergency powers I requested to meet the energy crisis, so that we could proceed more effectively to get the job done right--and on time.

I especially salute the Menominee people and their leaders for their persuasiveness and perseverance in using the tools of the political process to bring about peaceful change.

In short, I trust we can work toward it as concerned Americans meeting a challenge that we face together and are determined to meet together.

I can understand the strain and frustration which marked the unsuccessful Congressional efforts to enact an emergency energy act in acceptable form before adjournment.

This memorandum establishes the President's Interagency Committee on Export Expansion, which will report to the President through the Council on International Economic Policy.

Today, I am submitting the second President's Report on Occupational Safety and Health, outlining the activities which have taken place under that new Act in calendar year 1972.

The Committee will submit within 90 days its first report on recommendations concerning impediments to U.S. exports.

Because public cooperation is vital to the success of the program, I am gratified by the support which has been extended to this program by the news media, by the professions, and by the general public.

The Committee will identify, evaluate and make recommendations concerning impediments to U.S. exports, especially those which are under Federal control.

As these plans are approved and carried out, enforcement will begin to shift from the Federal Government to the States with no loss in effectiveness.

This data will be helpful in providing a basis upon which to judge the effectiveness of our efforts to reduce work related injuries, illnesses and fatalities.

It offers, too, a glimpse of what lies ahead as we work to assure safe and healthful working conditions for all of our country's working men and women.

It has been heartening to me that I have always been able to look to your sound judgment and wise counsel when it was needed most.

I want to assure all Americans that there will be no windfall profits at their expense.

This special emergency tax will prevent future windfalls to producers and will make up, in some degree, for those which may have already occurred.

My recommendation to the Congress for an emergency windfall profits tax is designed to give that assurance.

We have ended American involvement in our longest war and embarked on a promising course of negotiations aimed at building a durable structure of peace throughout the world.

When the Congress reconvenes in January, I will ask it to enact an emergency windfall profits tax.

Another possibility would be to refund all or part of the tax to the oil producer if he invests his profits in additional energy-producing efforts.