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In June 1973 the Universal House of Justice established in the Holy Land an International Teaching Centre and assigned it the activities of the Continental Board of Counsellors and as liaison between them and the Universal House of Justice.
By the end of the 1960's total arms expenditures of the chief powers were running at $200 billion per year. In 1973 the total reached $225 billion. There was much general talk about peace, but the most insistent note sounded for a high level of spending on armaments.
Of the major energy proposals I submitted 2 years ago, only half, belatedly, became law. In 1973 we were dependent upon foreign oil imports for 36 percent of our needs. Today, we are 40-percent dependent, and we'll pay out $34 billion for foreign oil this year. Such vulnerability at present or in the future is intolerable and must be ended.
The basic state of our Union today is sound, and full of promise. We enter 1973 economically strong, militarily secure and, most important of all, at peace after a long and trying war. America continues to provide a better and more abundant life for more of its people than any other nation in the world.
The basic state of our Union today is sound, and full of promise. We enter 1973 economically strong, militarily secure and, most important of all, at peace after a long and trying war. America continues to provide a better and more abundant life for more of its people than any other nation in the world.
But in all honesty, we cannot put all of the blame on the oil-exporting nations. We, the United States, are not blameless. Our growing dependence upon foreign sources has been adding to our vulnerability for years and years, and we did nothing to prepare ourselves for such an event as the embargo of 1973.
At home, we have learned that by working together we can create prosperity without fanning inflation; we can restore order without weakening freedom. These first years of the 1970s have been good years for America. Our job all of us together is to make 1973 and the years to come even better ones. I believe that we can.
I have therefore decided to present my 1973 State of the Union report in the form of a series of messages during these early weeks of the 93rd Congress. The purpose of this first message in the series is to give a concise overview of where we stand as a people today, and to outline some of the general goals that I believe we should pursue over the next year and beyond.
And I want you to know that I have no intention whatever of ever walking away from the job that the people elected me to do for the people of the United States. Now, needless to say, it would be understatement if I were not to admit that the year 1973 was not a very easy year for me personally or for my family.
The great victories celebrated at the end of the Nine Year Plan in 1973, splendid in themselves, reflected the extraordinary ease with which the new administrative agency had taken up its duties and the eagerness with which it had been welcomed by believers and Assemblies alike.
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