Gerald Ford actually said...

"In my judgment, the most significant reasons why such coal losses cannot be accepted are as follows:"

"This is directly contrary to the objectives of the trade bill which the Congress has just passed."

"The nation's most precious resource is our children."

"In sum, I find that the adverse impact of this bill on our domestic coal production is unacceptable at a time when the Nation can ill afford significant losses from this critical energy resource."