05/13/1975
https://www.presidency.ucsb.edu...
"H.R. 4296 is an example of increased non-essential spending."
"We must do everything possible to avoid increasing our dependence on imported oil in the months ahead."
"Approval of this bill, therefore, would not be in the public interest."
"Despite the enormous material progress and individual freedom which we have attained in America, confidence in that system today is considerably lower than it should be."