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.
There are some who say that it is too dangerous, that the effort cannot succeed.
We are just beginning to realize its meaning for the needs here on earth.
It could lead to far greater government subsidies for the merchant fleet--and place an undue and unnecessary financial burden on the American taxpayer.
The mischief in H.R. 162 is this: it would--for the first time--give the highest priority lien to those who contract with the ship's master for ship supplies and other items.
I stressed that I could get subjective reporting free; what I want is objective reporting.
In substance, H.R. 162 could reduce the preferred mortgage holder virtually to the status of an unsecured creditor.
This could destroy the usefulness of the preferred ship mortgage as a means of privately financing merchant ship construction--a method which Congress itself authorized and approved in the Ship Mortgage Act of 1920.
So I am very grateful to all of you who believe as I believe--that there is a better day coming for the American farmer, particularly if the farmer himself will unite and will give some of his good hard-headed thinking to this subject.
Our farmers have made us the healthiest and the best fed people in all the world, throughout all history.
We owe it to ourselves to be just--and I am not sure that we have been either.
American farm products are vital to our own economic health, and to our strength in the markets of the world.
If our prices rise faster than those of our overseas competitors, our exports will suffer and our imports will grow.
It was repelled because we stood firmly behind our pledge--which I reaffirm today--to convert the dollar to gold at $35 an ounce.
Retardation may afflict a child not only before he is born, but afterwards.
And we will continue to attempt to prevail upon both labor and business, or business and labor, to bear in mind that when the increased costs exceed the increased productivity, we have an undesirable and bad situation.
Actually, we decided to have the wedding here because of one of my most recent experiences in a church.





