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Gloucester County Republican Dinner for Representative John E. Hunt, Woodbury, NJ, May 15, 1968
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Gloucester County Republican Dinner for Representative John E. Hunt, Woodbury, NJ, May 15, 1968
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Gerald R. Ford Congressional Papers
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The original documents are located in Box D24, folder "Gloucester County Republican
Dinner for Representative John E. Hunt, Woodbury, NJ, May 15, 1968" 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States of America his copyrights in all of his unpublished writings in National Archives collections.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.
distribution
:
Full 11:00 a. M. 5/15/68
20 Capies Mr. Ford
Office Copy
CONGRESSMAN
NEWS
GERALD R. FORD
HOUSE REPUBLICAN LEADER
RELEASE
--FOR RELEASE IN THURSDAY AM's--
May 16, 1968
Excerpts from a Speech by House Republican Leader Gerald R. Ford, R-Mich., at a
Gloucester County, N.J., Republican Dinner for Rep. John E. Hunt,
Wednesday evening, May 15, 1968, at Woodbury, N.J.
The Johnson-Humphrey Administration is offering the Congress and the American
people two painful choices--an income tax increase along with spending cuts or a
recession brought on by the Democratic Party's boom-and-bust spending policies.
In the final analysis, the decision really rests with Lyndon Johnson. He
must accept the $6 billion spending reduction approved by a House-and-Senate
committee as part of a spending cut-tax increase package aimed at slowing down
inflation or free-spending Democrats in the House will doom the Nation to
economic disaster.
Only if the President endorses the $6 billion cut in his spending plans for
fiscal 1969 will many of the House Democrats grudgingly join hands with those of us
determined to rescue the dollar from the possible disaster precipitated by
Democratic fiscal mismanagement.
I urge the President to emulate Secretary of the Treasury Henry H. Fowler,
who has endorsed the $6 billion cut as part of the dollar rescue package.
With the Treasury Secretary's endorsement of the $6 billion cut, it should
now be perfectly clear that the President was engaging in nothing but scare tactics
when he said a cut of more than $4 billion would cause "chaos" in the federal
government. Or does the President think Secretary Fowler is in favor of chaos?
I am not surprised that House Democrats are trying to figure out a way to
reduce the size of the spending cut while leaving the tax increase untouched. This
fits with the established Democratic Party philosophy of "tax and tax, spend and
spend."
I don't want an income tax increase. No American really wants a tax
increase. But I will take the tax increase to get a hold-down in federal spending
and to prevent the financial disaster which now threatens this Nation. I think the
President ought to accept the $6 billion spending cut for the same reason.
If there is financial chaos in this country, it will only be because the
Democratic Party refuses to help tidy up the fiscal mess it has created through its
unsound and irresponsible policies.
You know it, and I know it, and most Americans know it. It is because the
Johnson-Humphrey Administration and the Democrats in Congress have been dodging
their fiscal duty for two years that prices have been soaring, home mortgage
(more)
Digitized from Box D24 of The Ford Congressional Papers: Press Secretary and Speech File at the Gerald R. Ford Presidential Library
-2-
interest rates have climbed to a 50-year high, taxes are about to go up, and the
dollar has sunk so low in the eyes of Europeans that a collapse of world trade
threatens US.
I assure you a Republican Administration and a Republican Congress would
never have permitted runaway inflation in this country. The Democrats have dodged
their responsibility for keeping the Nation's fiscal house in order; they cannot
dodge the blame for the present high cost of living.
The Democratic Party cannot dodge the blame for what inflation has done to
the elderly and others on a fixed income.
The Democratic Party cannot dodge the blame for the cost-price squeeze which
has made American farmers prime victims of inflation, the only group in our society
which suffered a pay cut last year.
The Democratic Party cannot dodge the blame for putting most Americans on
an economic treadmill, wiping out with inflation and taxes all of their nominal
pay increases.
Progress is a pipedream under the Democrats, conjured up out of slick
slogans, bureaucratic buncombe and promissory political notes that are never paid.
America is suffering agonies both at home and abroad today. These agonies
spring from the policy mistakes and failures of the Democratic Party.
Under the Democrats, we are still locked in a no-win war with a Communist
nation a fraction our size and no amount of negotiating will win what the Johnson-
Humphrey Administration failed to gain on the battlefield due to errors in basic
strategy.
Under the Democrats, the American people watch in horror as parts of many
U.S. cities are burned and looted.
I firmly believe the voters will turn to the Republican Party in November.
Republicans are offering a program for a New America--a program of genuine progress
for all Americans in place of the Democratic program of total federal solutions
and bureaucratic bungling.
Republicans offer decentralized solutions to America's problems, solutions
that will involve all Americans willing to help build a New America, solutions that
will work. It will be a program of nationwide on-the-job training to rebuild the
people of the central cities, tax-sharing to bring cities and states into the
forefront of problem-solving, home ownership for low-income families, price
stability so Americans can keep more of what they earn, protection of the law-
abiding citizen and not the criminal, and equitable sharing for the farmer and
all other Americans in the fruits of our great economy.
# # #
Office Copy
CONGRESSMAN
NEWS
GERALD R. FORD
HOUSE REPUBLICAN LEADER
RELEASE
--FOR RELEASE IN THURSDAY AM's--
May 16, 1968
Excerpts from a Speech by House Republican Leader Gerald R. Ford, R-Mich., at a
Gloucester County, N.J., Republican Dinner for Rep. John E. Hunt,
Wednesday evening, May 15, 1968, at Woodbury, N.J.
The Johnson-Humphrey Administration is offering the Congress and the American
people two painful choices--an income tax increase along with spending cuts or a
recession brought on by the Democratic Party's boom-and-bust spending policies.
In the final analysis, the decision really rests with Lyndon Johnson. He
must accept the $6 billion spending reduction approved by a House-and-Senate
committee as part of a spending cut-tax increase package aimed at slowing down
inflation
or free-spending Democrats in the House will doom the Nation to
economic disaster.
Only if the President endorses the $6 billion cut in his spending plans for
fiscal 1969 will many of the House Democrats grudgingly join hands with those of us
determined to rescue the dollar from the possible disaster precipitated by
Democratic fiscal mismanagement.
I urge the President to emulate Secretary of the Treasury Henry H. Fowler,
who has endorsed the $6 billion cut as part of the dollar rescue package.
With the Treasury Secretary's endorsement of the $6 billion cut, it should
now be perfectly clear that the President was engaging in nothing but scare tactics
when he said a cut of more than $4 billion would cause "chaos" in the federal
government. Or does the President think Secretary Fowler is in favor of chaos?
I am not surprised that House Democrats are trying to figure out a way to
reduce the size of the spending cut while leaving the tax increase untouched. This
fits with the established Democratic Party philosophy of "tax and tax, spend and
spend."
I don't want an income tax increase. No American really wants a tax
increase. But I will take the tax increase to get a hold-down in federal spending
and to prevent the financial disaster which now threatens this Nation. I think the
President ought to accept the $6 billion spending cut for the same reason.
If there is financial chaos in this country, it will only be because the
Democratic Party refuses to help tidy up the fiscal mess it has created through its
unsound and irresponsible policies.
You know it, and I know it, and most Americans know it. It is because the
Johnson-Humphrey Administration and the Democrats in Congress have been dodging
their fiscal duty for two years that prices have been soaring, home mortgage
(more)
-2-
interest rates have climbed to a 50-year high, taxes are about to go up, and the
dollar has sunk so low in the eyes of Europeans that a collapse of world trade
threatens US.
I assure you a Republican Administration and a Republican Congress would
never have permitted runaway inflation in this country. The Democrats have dodged
their responsibility for keeping the Nation's fiscal house in order; they cannot
dodge the blame for the present high cost of living.
The Democratic Party cannot dodge the blame for what inflation has done to
the elderly and others on a fixed income.
The Democratic Party cannot dodge the blame for the cost-price squeeze which
has made American farmers prime victims of inflation, the only group in our society
which suffered a pay cut last year.
The Democratic Party cannot dodge the blame for putting most Americans on
an economic treadmill, wiping out with inflation and taxes all of their nominal
pay increases.
Progress is a pipedream under the Democrats, conjured up out of slick
slogans, bureaucratic buncombe and promissory political notes that are never paid.
America is suffering agonies both at home and abroad today. These agonies
spring from the policy mistakes and failures of the Democratic Party.
Under the Democrats, we are still locked in a no-win war with a Communist
nation a fraction our size and no amount of negotiating will win what the Johnson-
Humphrey Administration failed to gain on the battlefield due to errors in basic
strategy.
Under the Democrats, the American people watch in horror as parts of many
U.S. cities are burned and looted.
I firmly believe the voters will turn to the Republican Party in November.
Republicans are offering a program for a New America--a program of genuine progress
for all Americans in place of the Democratic program of total federal solutions
and bureaucratic bungling.
Republicans offer decentralized solutions to America's problems, solutions
that will involve all Americans willing to help build a New America, solutions that
will work. It will be a program of nationwide on-the-job training to rebuild the
people of the central cities, tax-sharing to bring cities and states into the
forefront of problem-solving, home ownership for low-income families, price
stability so Americans can keep more of what they earn, protection of the law-
abiding citizen and not the criminal, and equitable sharing for the farmer and
all other Americans in the fruits of our great economy.
###