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Updated: June 3, 2025
We may note here that, as the concession was granted to the Suez Canal Company only for ninety-nine years, the canal will become the property of the Egyptian Government in the year 1968. The opening of the canal placed Egypt once more on one of the greatest highways of the world's commerce, and promised to bring endless wealth to her ports. That hope has not been fulfilled.
The prohibition against racial discrimination in that act should be remembered and it should be vigorously enforced throughout this land. I believe we should also extend the vital provisions of the Voting Rights Act for another 5 years. In the Safe Streets Act of 1968, Congress determined "To assist state and local governments in reducing the incidence of crime."
The Soviet Union has built a war machine far beyond any reasonable requirements for their own defense and security. In contrast, our own defense spending declined in real terms every year from 1968 through 1976. We have reversed this decline in our own effort. Every year since 1976 there has been a real increase in our defense spending, and our lead has encouraged increases by our allies.
In 1978, the Congress passed the historical Omnibus Parks Act, which made 12 additions to the National Park System. The Act also established the first two national trails since the National Trails System Act was passed in 1968. Then, in 1980, as a result of my 1979 Environmental Message, the Federal land management agencies have established almost 300 new National Recreational Trails.
Three factors will probably influence the future of China. First, the emergence of neo-communism, as in Czechoslovakia in 1968, in an attempt to soften traditional communist practice. Second, the outcome of the war in Vietnam. Will China be able to continue its eighteenth-century dream of direct or indirect domination of South-east Asia?
They have been powerfully strengthened by the enactment of three far-reaching civil rights laws within the past 5 years, that this Congress, in its wisdom, passed. On January 1 of this year, the Fair Housing Act of 1968 covered over 20 million American homes and apartments.
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