Remarks in Sarasota, Florida
02/28/1976
https://www.presidency.ucsb.edu...
Accordingly, I am not approving this bill because of the substantial adverse effect on the Nation's economy and international interest.
Unfortunately, S. 425, as enrolled, would have an adverse impact on our domestic coal production which is unacceptable.
This is directly contrary to the objectives of the trade bill which the Congress has just passed.
The United States uses the equivalent of 4 barrels of expensive foreign oil for every ton of unproduced domestic coal--a situation which can...