09/05/1976
https://www.presidency.ucsb.edu...
"This legislation encourages revitalization of our deteriorating rail freight system, both in the Northeast and nationwide."
"This legislation is the product of lengthy negotiations and, I think, intelligent cooperation between the Congress and the executive branch of the Government."
"I am confident that the Interstate Commerce Commission, ConRail, and the United States Railway Association will use these tools wisely for the purposes intended by the Congress and the executive."
"It is a great honor and privilege for me to have the opportunity of saying a few words and then introducing to you the new Secretary of Commerce."