07/29/1976
https://www.presidency.ucsb.edu...
"I am gratified to sign the legislation authorizing me to create such a council."
"It is tough, demanding work, but it is accomplishing our great goal."
"This new Council on Wage and Price Stability will provide us with one means of identifying and exposing some of the causes of inflation."
"We face an uphill road, and we will make it through only if we all pull together."