But we believe it is only half the answer to what small business needs in this country.
Lyndon Johnson
The Public Record
Lyndon Baines Johnson was the 36th President of the United States, serving from 1963 to 1969. A member of the Democratic Party, he was born in Texas and began his political career as a U.S. Representative in 1937, later becoming a U.S. Senator in 1949. Johnson ascended to the presidency following the assassination of John F. Kennedy, and his administration is noted for significant domestic policies, including the Great Society programs aimed at eliminating poverty and racial injustice. His legislative achievements included the Civil Rights Act of 1964 and the establishment of Medicare and Medicaid.
This morning it will be my great pleasure to sign my name to the first part of this program, the program that gives us the authority.
The bill that the Congress has sent me increases by $125 million the amount of loans that the Small Business Administration may have on its books at any one time.
Your achievements have singled you out as being men and women of excellence, and excellence is not easy to come by, either in or out of the Government.
I hereby designate the International Telecommunications Satellite Consortium as an international organization.
Yet for all the monetary awards that you have sacrificed, I believe that you have gained something more precious.
I hope that we will stress imagination and creativeness, initiative, new ideas, how we can do something quicker, how we can do it better, why we ought to do something we are not doing, why we ought to discard the status quo, and proceed to…
Among the many blessings which Americans can count is a corps of Federal civil servants that is unequaled anywhere in the world.
The foregoing designation is not intended to abridge in any respect any privileges, exemptions, or immunities.
I want to especially commend you, thank you, and say to you that I don't believe there is a higher calling than Government service.
It has promoted the cause of peace by broadening the scope of our cooperation with other nations.
It has provided the American businessman with increased opportunities to export more United States products and services.
Expansion of world trade is the principal objective of the liberal foreign trade policies our Nation has followed for more than thirty years.
I believe we are making good progress in reducing costs and improving efficiency, but I will never be satisfied that we have done all we should.
I also urge business, labor, agricultural, educational, professional, and civic groups, as well as the people of the United States generally, to observe World Trade Week with gatherings, discussions, exhibits, ceremonies, and other…
We must continue to work diligently this year to bring the Kennedy Round of trade negotiations to a timely conclusion.
We must intensify our efforts to reduce the United States balance-of-payments deficit and reach our goal of equilibrium in our international accounts.
This two-way trade between the United States and other nations has resulted in many benefits for our country.
It has advanced the peaceful progress of our Nation and the well-being of all Americans by strengthening the growth of private enterprise and employment.
Now, Therefore, I, Lyndon B. Johnson, President of the United States of America, do hereby proclaim the week beginning May 22, 1966, as World Trade Week; and I request the appropriate Federal, State, and local officials to cooperate in the…
Progress towards accomplishing these objectives is the aim of World Trade Week.
Much remains to be done if we are to achieve a balanced international economy where all nations, developed and developing, can share the fruits of freer trade.
Mr. Prime Minister, let me assure you that we Americans do understand your language.
You have made a significant contribution to scientific knowledge and I welcome all of you to the White House Cabinet Room to recognize that this morning.





