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7339070
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Remarks of the President at the Unveiling of a Portrait of George P. Shultz, the Treasury Department [Ford Speech or Statement]
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7339070
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document
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Remarks of the President at the Unveiling of a Portrait of George P. Shultz, the Treasury Department [Ford Speech or Statement]
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White House Press Releases (Ford Administration)
Press Releases
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7339070
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5
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1975-05-05
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5
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1975
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a4b8b7c907f2e40c
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Digitized from Box 10 of the White House Press Releases at the Gerald R. Ford Presidential Library
FOR IMMEDIATE RELEASE
MAY 5, 1975
OFFICE OF THE WHITE HOUSE PRESS SECRETARY
THE WHITE HOUSE
REMARKS OF THE PRESIDENT
AT THE
UNVEILING OF A PORTRAIT
OF GEORGE P. SHULTZ
THE TREASURY DEPARTMENT
6:10 P.M. EDT
Members of the Cabinet, friends of George
Shultz:
It is a great pleasure and a real privilege
for me to participate on this occasion honoring George
and, of course, Obie as well.
I am here because I have had the benefit of
the friendship of George Shultz. I am here because I
think George Shultz has made a tremendous contribution
over a long period of time to good Government and,
obviously, he represents the finest kind of citizenship.
Over a period of about ten years, George has
served more than one President in the field of educa-
tion, in the field of labor management relations, in
the area of economics. I was interested in reading
George's biography. It tells the story at the age of
12 George published a homemade newspaper and after he
got it put together he tried to sell it to a neighbor.
The neighbor asked him what the price was.
According to the story, George said, "Five
cents." And the neighbor asked him, "Well, if I can buy
the Saturday Evening Post for five cents, why should I
buy your newspaper?" Well, I have researched it very,
very extensively and have found that is the only time
in George's career he did not have a good answer.
But you know George. During this period of
time that I have known him he served as Secretary of
Labor, he served as Director of the Office of Manage-
ment and Budget, he served as the Secretary of the Treasury
and then I found that at one time he served as Adviser
to the Cabinet on agricultural matters.
Adviser to the Cabinet on agricultural
matters -- doesn't that bring back to your mind the
memorable statement he made a year or two ago when he
told Mel Laird to keep his cotton-picking hands off the
economy? (Laughter)
MORE
Page 2
I am just honored to be here as a friend of
George's, as an admirer. I think he represents the
finest kind of service to the Government, the finest
kind of dedication to the country, and Bill, in giving
to George Schultz the Alexander Hamilton Award I
think you reflect the view that all of us have in George
Shultz as the epitome of what we would all like a person
in Government service to have.
Most of all, George, I am delighted to be here
as a friend, and may I say this in a personal way: Any
person who likes to play golf and any person who smokes
a pipe, and any person who played football just can't
be all bad. (Laughter)
Thank you very much.
END
(AT 6:14 P.M. EDT)