Lyndon Johnson actually said...

"I commended Mr. Swidler and Mr. Brown for the dispatch and the comprehensiveness of their report, and I want to thank them again for their prompt action this morning in connection with the Beaumont-Na..."

"They have not completed their study. They have not made any recommendations as yet."

"I believe the public is served by competent and dedicated men in the Federal Reserve and in the Treasury and the financial agencies, fiscal agencies of the Government."

"I have reviewed the report of the Cabinet Committee on the Balance of Payments and approved its recommendations for action."