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Chamber of Commerce, Shelby, NC, January 21, 1972
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4526397
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Chamber of Commerce, Shelby, NC, January 21, 1972
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Gerald R. Ford Congressional Papers
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Textiles
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1972
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The original documents are located in Box D32, folder "Chamber of Commerce, Shelby,
NC, January 21, 1972" of the Ford Congressional Papers: Press Secretary and Speech File
at the Gerald R. Ford Presidential Library.
Copyright Notice
The copyright law of the United States (Title 17, United States Code) governs the making of
photocopies or other reproductions of copyrighted material. The Council donated to the United
States of America his copyrights in all of his unpublished writings in National Archives collections.
Works prepared by U.S. Government employees as part of their official duties are in the public
domain. The copyrights to materials written by other individuals or organizations are presumed to
remain with them. If you think any of the information displayed in the PDF is subject to a valid
copyright claim, please contact the Gerald R. Ford Presidential Library.
20 Copies of M. Ford
a Office Copy
CONGRESSMAN
NEWS
GERALD R. FORD
HOUSE REPUBLICAN LEADER
RELEASE
--FOR RELEASE AT 6:30 P.M. FRIDAY--
January 21, 1972
Excerpts from a Speech by Rep. Gerald R. Ford before the Shelby, N.C., Chamber of
Commerce, Jan. 21, 1972.
Richard M. Nixon is a man who keeps his promises. Some of the best proof
of that statement is in the agreements entered into last October which limit the
flow of Far Eastern textiles to the American market.
What was the situation prior to that agreement? Employment in the textile
and apparel industry had declined by over 100,000 workers during the period of
import upsurge of the last two and a half years. Record high imports of textile
and apparel products were continuing to increase at an extremely high rate. In the
first eight months of 1971, man-made fiber textile imports--compared with the same
eight months of 1970--were up 84 per cent for Taiwan, 74 per cent for Japan,
71 per cent for Korea, and 28 per cent for Hong Kong.
Something that is too little known by Americans is that the textile and
apparel industry is the largest employer of all U.S. manufacturing industries.
But the President knows this well. It was the reason why he declared in campaigning
for the Presidency in 1968 that he would curb the flow of textile imports.
The agreement with the Far Eastern nations on textile imports has helped
to fulfill that 1968 Nixon campaign promise. The four Asian areas involved account
for about a third of the total U.S. textile imports.
Japanese trade officials have predicted that their textile imports to the
United States will decline by about a third because of the Nixon agreement.
The textile imports accord is sure to help alleviate the unemployment
situation in the Nation and especially in North Carolina, where tens of thousands
of jobs have been lost in the last two years as the influx of foreign textile
products has gone unchecked.
With the new limitations, this import flood should be effectively stemmed,
jobs should be protected, and the American textile industry may well enter upon a
period of expansion. This would bring new jobs to North Carolina and better products
to the American consumer. All of this is due to the negotiating talents of the Nixon
Administration and the integrity of a President who keeps his promises.
###
Digitized from Box D32 of The Ford Congressional Papers: Press Secretary and Speech File at the Gerald R. Ford Presidential Library
Distribution 20 copies M Office Copy
CONGRESSMAN
NEWS
GERALD R. FORD
HOUSE REPUBLICAN LEADER
RELEASE
--FOR RELEASE AT 6:30 P.M. FRIDAY--
January 21, 1972
Excerpts from a Speech by Rep. Gerald R. Ford before the Shelby, N.C., Chamber of
Commerce, Jan. 21, 1972.
Richard M. Nixon is a man who keeps his promises. Some of the best proof
of that statement is in the agreements entered into last October which limit the
flow of Far Eastern textiles to the American market.
What was the situation prior to that agreement? Employment in the textile
and apparel industry had declined by over 100,000 workers during the period of
import upsurge of the last two and a half years. Record high imports of textile
and apparel products were continuing to increase at an extremely high rate. In the
first eight months of 1971, man-made fiber textile imports--compared with the same
eight months of 1970--were up 84 per cent for Taiwan, 74 per cent for Japan,
71 per cent for Korea, and 28 per cent for Hong Kong.
Something that is too little known by Americans is that the textile and
apparel industry is the largest employer of all U.S. manufacturing industries.
But the President knows this well. It was the reason why he declared in campaigning
for the Presidency in 1968 that he would curb the flow of textile imports.
The agreement with the Far Eastern nations on textile imports has helped
to fulfill that 1968 Nixon campaign promise. The four Asian areas involved account
for about a third of the total U.S. textile imports.
Japanese trade officials have predicted that their textile imports to the
United States will decline by about a third because of the Nixon agreement.
The textile imports accord is sure to help alleviate the unemployment
situation in the Nation and especially in North Carolina, where tens of thousands
of jobs have been lost in the last two years as the influx of foreign textile
products has gone unchecked.
With the new limitations, this import flood should be effectively stemmed,
jobs should be protected, and the American textile industry may well enter upon a
period of expansion. This would bring new jobs to North Carolina and better products
to the American consumer. All of this is due to the negotiating talents of the Nixon
Administration and the integrity of a President who keeps his promises.
###