09/04/1974
https://www.presidency.ucsb.edu...
"This legislation encourages revitalization of our deteriorating rail freight system, both in the Northeast and nationwide."
"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."
"For more than a century, the railroads have been the backbone of our American transportation system."
"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."