I WANT TO EXPRESS my great satisfaction in signing the
bill to increase the minimum wage to a dollar twenty-five cents an hour,
and to extend the coverage to three million, six hundred thousand people
today who are not covered by this most important piece of national legislation.
This is the first time since
the act came into existence under the administration of President Franklin
Roosevelt in 1938 that we have been able to expand the coverage. I don't
believe that there's any American who believes that any man or woman should
have to work in interstate commerce, in companies of substantial size,
for less than a dollar twenty-five cents an hour, or fifty dollars a week.
That itself is a very minimum wage, and I therefore want to commend the
Members of the Congress in the House and the Senate, the Chairmen of the
Subcommittees who were particularly involved, under the leadership of the
House and Senate, for their untiring efforts.
I also want to commend the leaders
of organized labor, the AFL-CIO, who are here today with Mr. Meany, for
their long interest. Every member, pretty much, of their unions is paid
more than a dollar and a quarter, but they have been concerned about unorganized
workers who have been at the bottom of the economic ladder who have not
benefited from our growing prosperity in this country as a nation over
the long number of years and who need our help.
This doesn't finish this job,
but it is a most important step forward, and as a former Member of the
Senate who is particularly interested in it, I must say that I am delighted
to sign it. I congratulate those who worked for it. They are one group
of our citizens who deserve our assistance more, and I think that we can
move from this improvement into greater gains in the months and years to
come.