In that belief, I ask the Congress to give the proposals contained in the Patent Modernization and Reform Act of 1973 prompt and careful consideration.

Benjamin Franklin, a famous inventor as well as a statesman, reflected once that he wished it his destiny 'to be born two or three centuries hence' so that he could not only enjoy the conveniences of modern life but also satisfy his curiosity.

So long as the spirit of Franklin remains alive in America, we can be confident that our civilization will flourish.

With the changes I am recommending today, however, we can combine the best parts of our existing system with the most promising proposals for improving it.

Accordingly, I am today proposing that the Congress enact the Patent Modernization and Reform Act of 1973.

My proposal would also preserve the American concept of giving the patent to the person who is first to invent, because he is the individual most deserving of recognition and encouragement.

Ladies and gentlemen, I know you will want to rise and drink to the health of the Prime Minister.

It would preserve and extend some of the best and most important aspects of our current patent system.

In recent years, it has become increasingly clear that our current patent system does not measure up to these standards.

We both seek a world in which not only great powers but small powers and small nations are safe, independent, and respected.

If we take these steps, I believe we would not only ensure a more orderly and complete patent examination but also greatly strengthen public confidence in the validity of our patents.

In sum, the executive-legislative partnership which has placed this legislation on the statute books makes this a good day for those of our fellow citizens whose courage and spirit in the face of physical adversity provide inspiration for all of us.

It is heartening, however, that neither the Congress nor the Administration allowed the smoke of legislative skirmishes to obscure the goal we have shared from the first--that of continuing and improving a program which has long been one of the most humanitarian and effective of all Federal grant activities.

More than 50 bills still remain on that agenda.

The Rehabilitation Act of 1973 provides a strong charter for continued improvement in the quality and quantity of federally financed vocational rehabilitation services to physically and mentally handicapped Americans.

It is a good day too for all Americans who have wanted the Congress and the Administration to stop butting heads and start pulling together for the public good.

During our discussion, the Vice President again--as he had done in our previous meetings--denied the charges that have been made against him.

As he moves through this difficult period, I urge all Americans to accord the Vice President the basic, decent consideration and presumption of innocence that are both his right and his due.