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    "localId": "4525772",
    "label": "Lincoln Day Speech, Public Finances, February 12, 1962",
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    "id": "4525772",
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    "contentType": "document",
    "title": "Lincoln Day Speech, Public Finances, February 12, 1962",
    "citationUrl": "https://catalog.archives.gov/id/4525772",
    "collections": [
        "Gerald R. Ford Congressional Papers",
        "Speeches"
    ],
    "subjects": [
        "State of the union messages"
    ],
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    "ocrText": "The original documents are located in Box D15, folder \"Lincoln Day Speech, Public\nFinances, February 12, 1962\" of the Ford Congressional Papers: Press Secretary and\nSpeech File at the Gerald R. Ford Presidential Library.\nCopyright Notice\nThe copyright law of the United States (Title 17, United States Code) governs the making of\nphotocopies or other reproductions of copyrighted material. The Council donated to the United\nStates of America his copyrights in all of his unpublished writings in National Archives collections.\nWorks prepared by U.S. Government employees as part of their official duties are in the public\ndomain. The copyrights to materials written by other individuals or organizations are presumed to\nremain with them. If you think any of the information displayed in the PDF is subject to a valid\ncopyright claim, please contact the Gerald R. Ford Presidential Library.\nLencoln Day\nspeechle\n1962\nThe President S State of the Union message was a document that included\nsomething for everybody with no real concern for the taxpayer or the fiscal\nstability of the nation. It reminded me of something else--an article I\nrecently read, \"The Aerosol Age, on push-button spray cans:\nA chemically-created sales scent is enticing super-market\ncustomers toward particular display counters. Odors that can be\nsprayed from cans include chocolate, vanilla, banana, lemon, licorice,\nfresh bread, tobacco, and hickory barbecue. They re counted on to\nsharpen shoppers buying impulses.\nEveryone could find their favorite flavor in the President S message.\nThe starry-eyed architects of the New Frontier had sprayed it with sweet\nscented proposals, hoping their heady aroma would beguile the Congress and\nthe people into buying them all.\nThe message called for Federal pay increases, more unemployment pay,\nmass transit, urban renewal, conservation, recreation, air pollution, new\nhealth programs, new educational programs, more subsidies for farmers,\nand even subsidies for industry.\nIt boils down to this: An expected upsurge in business may give the\ngovernment $11 billion added revenue in the coming year. Now when a nation\nis in debt, its taxes heavy, and the spending urge great, what does it do\nwith a windfall? It can make payment on its debt, it can reduce the tax\nburden, it can spend it on new programs--or a little of each. The=President\nearmarks the whole amount for new spending, less than one-quarter of which\nis for defense. If we hasten to squander every gain in advance, what do we\ndo when comes a rainy day?\nFORD & LIBRARY GERALD\nDigitized from Box D15 of The Ford Congressional Papers: Press Secretary and Speech File at the Gerald R. Ford Presidential Library\n-2-\nThe real dynamite in the message, however, is the demand for new powers\nfor the President -- more power to lower or abolish tariffs on foreign imports --\npower, hitherto undreamed of, to lower and raise taxes -- power to launch\npublic works, To spend public funds by \"Inehdor spenting.\"\nWe fought the Revolution to take the taxing power from the King and put\nit in the hands of the people S representatives. What a lovely campaign\nweapon it would be for a President to lower taxes just before election, or\nhand out million-dollar public projects to doubtful states at his own sweet\nwill, as cassually and with less restrictions than he now appoints postmasters.\nThout croin of \"legalative authority.\"\ntorportite from 8 govt\ncheck & balances.\nPresident wants to put more control in\nExcutive - where only / person nt\nof 2.4 t 2.8 or 5 million stands\nfor election every 4 yrs.\nForthe protection of our cityins it is\nQERALD FORD LIBRARY\nconstitutionally granted authority.\nbetter In ligisature I return\n437 1 yes.\n100 - 6 yrs,\nThe President's State of the Union message was a document that included\nsomething for everybody with no real concern for the taxpayer or the fiscal\nstability of the nation. It reminded me of something else--an article I\nrecently read, \"The Aerosol Age,\" on push-button spray cans:\n\"A chemically-created 'sales scent' is enticing super-market\ncustomers toward particular display counters. Odors that can be\nsprayed from cans include chocolate, vanilla, banana, lemon, licerice,\nfresh bread, tobacco, and hickory barbecus. They're counted on to\nsharpen shoppers' buying impulses.\"\nEveryone could find their favorite flavor in the President's message.\nThe starry-eyed architects of the New Frontier had sprayed it with sweet\nscented proposals, hoping their heady aroma would beguile the Congress and\nthe people into buying them all.\nThe message called for Federal pay increases, more unexployment pay,\nmass transit, urban renewal, conservation, recreation, air pollution, new\nhealth programs, new educational programs, more subsidies for farmers,\nand even subsidies for industry.\nIt boils down to this: An expected upsurge in business may give the\ngovernment $11 billion added revenue in the coming year. Now when a nation\nis in debt, its taxes heavy, and the spending urge great, what does it do\nwith a windfall? It can make payment on its debt, it can reduce the tax\nburden, it can spend it on new programs--or a little of each. The-President\nearmarks the whole amount for new spending, less than one-quarter of which\nis for defense. If we hasten to squander every gain in advance, what do we\ndo when comes a rainy day?\nQERALD FORD LIBRAR\n-2-\nThe real dynamite in the message, however, is the demand for new powers\nfor the President -- more power to lower or abolish tariffs on foreign imports --\npower, hetherto undreamed of, to lewer and raise taxes -- power to launch\npublic works.\nWe fought the Revolution to take the taxing power from the King and put\nit in the hands of the people's representatives. What a levely campaign\nweapon it would be for 3 President to lower taxes just Before election, or\nhand out million-dollar public projects to doubtful states at his own sweet\nwill, as cassually and with less restrictions than he now appoints postmasters!\nFORD LIBRARY"
}