09/01/1974
https://www.presidency.ucsb.edu...
"I was deeply impressed with the problems you and the City Council must face in the next few weeks in meeting the financial problems of the great City of New York."
"The Institute is now well advanced in its program directed toward specific and pressing educational problems."
"I know that the Congress will join with the Administration in supporting and strengthening the National Institute of Education."
"I have no doubt that the adoption of sound budget policies would have a substantial and beneficial effect in both short and long term credit of the City of New York."