Gerald Ford actually said...

"Despite these desirable new features in this bill, it does not provide for the comprehensive reform in our economic development and adjustment programs which I believe is necessary."

"I believe this legislation is a fine example of the beneficial results of consultation and compromise between the Congress and the executive."

"Such allocations shall not exceed 75 percent of estimated refinery capacity or the percentage of petrochemical plant capacity applicable."

"This extension, while valuable in itself, should be viewed as a transition period in which new approaches to relieving the burdens of unemployment and low incomes may be developed."