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7336570
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Remarks of the President upon Signing the Federal Campaign Act Amendments of 1974 [Ford Speech or Statement]
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7336570
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document
title
Remarks of the President upon Signing the Federal Campaign Act Amendments of 1974 [Ford Speech or Statement]
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collections
White House Press Releases (Ford Administration)
Press Releases
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Legislation
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7336570
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15
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1974-10-15
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10
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1974
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Digitized from Box 3 of the White House Press Releases at the Gerald R. Ford Presidential Library
FOR IMMEDIATE RELEASE
OCTOBER 15, 1974
OFFICE OF THE WHITE HOUSE PRESS SECRETARY
THE WHITE HOUSE
REMARKS OF THE PRESIDENT
UPON SIGNING
THE FEDERAL CAMPAIGN ACT
AMENDMENTS OF 1974
THE EAST ROOM
4:20 P.M. EDT
Distinguished Members of the Congress, and
guests:
It is really a great privilege for me to have
a part in what I think is historic legislation. As
all of my good friends from the Congress know, a tremendous
amount of work, a lot of extra labor, went into the
putting together of this legislation.
Quite frankly, I had some strong reservations
about one version or one provision or another of legis-
lation, and I suspect some of the people here on both sides
of the aisle have the same.
But, we got together in the spirit of cooper-
ation, a willingness to work together to give a little
and take a little, and the net result is legislation
that I think the American people want. It is legis-
lation for the times.
I am not telling you any secrets. I have some
reservations about the final version. But, in the spirit
of cooperation and compromise, I think it ought to be
signed and become a part of our statutory law.
I can assure you from what I have heard, from
the American people in writing and other communications,
they want this legislation. So, it will soon be law.
I think we do recognize that this legislation seeks to
eliminate to a maximum degree some of the influences
that have created some of the problems in recent years.
If that is the end result, certainly it is worth all the
labor and all the compromises that were necessary in the
process.
Now, this is the major step in one direction. To
a substantial degree, there will be a degree of public
financing. As long as it stays within the checkoff
system, I am willing to go along with it. I hope the
American taxpayers, as they make out their returns in the
years ahead, will be generous so that those campaigns
can and will be adequately financed.
MORE
(OVER)
Page 2
Well, what it all comes down to, in my
judgment, is that between a Congress controlled by
one party, a White House in the hands of another, and
a working cooperation between the Senate and the House,
and the hard working members of that conference -- I
guess you were part of that, weren't you, Wayne (Laughter) --
we ended up with some legislation that I think deserves
the support of the American people, and I think they
will support it.
I congratulate the conferees, the House and
the Senate, and the people from the outside who had a
significant impact in urging the Congress and the White
House to be forthcoming.
So, I think this is a good day for 213 million
Americans.
Thank you very, very much.
END
(AT 4:23 P.M. EDT)