I am resubmitting the Financial Institutions Act, with the assurance that the many months of debate and consideration have brought all of us nearer to basic agreement on this important reform.

These programs requiring the Government to borrow in the capital markets have contributed to the problem by adding to upward pressure on interest rates.

Savings and loan associations and mutual savings banks will be permitted to offer checking and negotiable orders of withdrawal (N.O.W.) accounts to individuals and businesses.

You have established a record of accomplishment in which you can take pride.

I want you to know that you take with you my very best wishes for every future happiness and success.

We reaffirmed our intention to encourage the further expansion of cultural cooperation.

To achieve these objectives, the bill permits institutions engaged in serving small depositors more flexibility both in obtaining and investing funds.

You have earned their thanks as well as my own.

Some of these are outdated and have outlived their usefulness.

The experience of the past several years shows that such ceilings penalize the small saver.

It is with sincere gratitude for your devoted service to our Nation that I accept your resignation as General Counsel of the Equal Employment Opportunity Commission.

Like the bridge in Mostar, Mr. Prime Minister, the one between our nations and our peoples has withstood the test of time.

I hope, Mr. Prime Minister, the relationship between Yugoslavia and the United States will be as long as the history of that famous bridge.

I appreciate your willingness to stay on as a member of the Commission during the next month.

I look forward, Mr. Prime Minister, to the further strengthening of American-Yugoslav cooperation.

The two sides expressed satisfaction that continued progress has been registered in bilateral cooperation between the Socialist Federal Republic of Yugoslavia and the United States of America.

This relationship, Mr. Prime Minister, is anchored in a strong mutual interest in Yugoslavia's independence, its integrity, and its unity.

I raise my glass to your health, Mr. Prime Minister, and to the bridge between our two countries.

I accept your resignation as Chairman of the Equal Employment Opportunity Commission, effective today.

We agreed to act to promote continued economic and financial cooperation, including joint investments.

Adviser to the Secretary (Counselor, Economic Policy Board), Department of the Treasury, to terminate effective June 1, 1975.

Of the nearly 146,009 suggestions which were submitted by military personnel during Fiscal Year 1974, 19,810 were adopted.

Cash awards totaling $1,358,818 were paid for these adopted suggestions, based not only on the tangible first-year benefits of $71,461,841 which were realized therefrom, but also on many additional benefits and improvements of an…

More than 1.6 million suggestions submitted since that time attest to the success which the program has had as a means of motivating military men and women to seek ways of reducing costs and improving efficiency.

Of those suggestions submitted, more than 255,000 have been adopted with resultant tangible first year benefits in excess of $799,000,000.