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7335969
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Remarks of the President at the Closing of the Conference on Inflation [Ford Speech or Statement]
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7335969
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document
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Remarks of the President at the Closing of the Conference on Inflation [Ford Speech or Statement]
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White House Press Releases (Ford Administration)
Press Releases
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7335969
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5
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1974-09-05
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9
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1974
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5306ad2c39f07533
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FOR IMMEDIATE RELEASE
SEPTEMBER 5, 1974
OFFICE OF THE WHITE HOUSE PRESS SECRETARY
THE WHITE HOUSE
REMARKS OF THE PRESIDENT
AT THE CLOSING
OF THE
CONFERENCE ON INFLATION
THE EAST ROOM
AT 5:30 P.M. EDT
Let me reiterate my appreciation for all of you
being here.
I must confess that when I first heard of the
resolution that was proposed in the Senate, I was somewhat
apprehensive about an undertaking of this kind. But in the
first few hours of this Administration, I reanalyzed the
suggestion in relationship to the economic problems that
have been well displayed here. And it seemed to me, as I
tried to say in the opening statement, this isn't a problem
that only a President can solve. It is not a problem that
only the Congress can solve and it certainly is not a problem
that any: one element in our society can solve.
So, in response to the recommendation of a bipartisan
effort in the Senate, I determined that it should be undertaken,
that it should be in the open so the American people could
see firsthand the consensus as well as the divergencies. And
this was the first group and I shared the apprehension that
some have expressed, that men of high academic standing
and great intellect couldn't sit in a gathering such as
this and give a top flight presentation of the problem and
some responsible suggestion.
But I think you gentlemen and ladies have set
a very high example for those meetings that shall follow. And
I happen to believe that with this outstanding gathering,
and the things that have been done, those that will follow
will likewise be of the same caliber and high quality.
So, I thank you not only for what you have
contributed, but the performance that I think has been superb.
And with those words, I think we probably ought to
conclude the afternoon session and the day's labors and
retire for a bit of relaxation and a reception and I
cordially invite you all to come to the dining room for
such a purpose.
Thank you very, very much.
END
(AT 5:32 P.M. EDT)
Digitized from Box 1 of the White House Press Releases at the Gerald R. Ford Presidential Library