Jul 18 1970
From The Space Library
President Nixon issued statement on Congressional action and Government spending: There was "persistent and growing tendency" in Congress to approve increase in expenditures "without providing the revenue to pay the costs." It had become "almost a cliché to say that all we need do to resolve this dilemma with regard to our Federal budget is to cut space and defense outlays and 'change our national priorities.' Let's set the record straight. We have changed our national priorities." In proposed FY 1971 budget, spending for human resources (45%) exceeded defense spending (32%) for "the first time in 20 years." To accomplish "this massive change in emphasis, military and space expenditures were cut by some $6 billion." But continuation of pattern of Congressional action would substantially increase expenditures. President asked Congress to establish "firm ceiling on total expenditures," within which he could determine priorities. (PD, 7/20/70, 940-1)
White House released summary of Toward Balanced Growth: Quantity with Quality. Report to President by 'National Goals Research Staff said basic scientists were being asked to shift their work "from the development of knowledge for its own sake to working on basic problems which have relevance for today's issues." U.S. needed "forum in which the partially conflicting needs for maintaining the integrity of the core of basic research and the practical needs of the society are resolved." In technology assessment, "we may have to accelerate our efforts to detect new benign technological opportunities and facilitate their rapid introduction to offset the impact of inhibiting the introduction and use of harmful technology." (PD, 7/20/ 70,941-7)
Two-year battle for multibillion-dollar "air bus" market would enter new phase with July 23 roll-out of McDonnell Douglas Aircraft Co.'s three-engine DC-10, Robert A. Wright said in New York Times. First of wide-bodied trijets was appearing "at a time when orders from the depressed, money-short airlines have almost dried up. But the competition between Douglas and the Lockheed Aircraft Corporation, which is producing the rival L-1011 TriStar is heating up." Douglas had "decided lead" over Lockheed in production schedules and orders for "generation of aircraft that is expected to be a workhorse of the airlines in the 1970's." Lockheed, which would roll out L-1011 in September, was sensitive about "growing public speculation" that its financial distress stemming from four defense contracts might impair L-1011 program. Bankruptcy or merger had been suggested as solutions to Lockheed's financial problems. "But if Lockheed is bloodied its L-1011 team. . .is talk and acting aggressively " (NYT, 7/18/70,29)
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