on. Pompidou led and won the 1968 legislative campaign, overseeing a tremendous victory of the Gaullist Party. He then resigned. Nevertheless, in part due to his actions during the May 1968 crisis, he appeared as the natural successor to de Gaulle. Pompidou announced his candidature for the Presidency in January 1969. In social policy, Pompidou's tenure as prime minister witnessed the establishment of the National Employment Fund in 1963 to counter the negative effects on employment caused by industrial restructuring. Presidency After the failure of the 1969 constitutional referendum, de Gaulle resigned and Pompidou was elected president of France. In the general election of 15 June 1969, he defeated the centrist President of the Senate and Acting President Alain Poher by a wide margin (58%–42%). Though a Gaullist, Pompidou was more pragmatic than de Gaulle, notably facilitating the accession of the United Kingdom to the European Community on 1 January 1973. He embarked on an industrialisation plan and initiated the Arianespace project, as well as the TGV project, and furthered the French civilian nuclear programme. He was sceptical about the "New Society" programme of his prime minister, Jacques Chaban-Delmas. In 1972, he replaced Chaban-Delmas with Pierre Messmer, a more conservative Gaullist. While the left-wing opposition organised itself and proposed a Common Programme before the 1973 legislative election, Pompidou widened his presidential majority by including Centrist pro-European parties. In addition, he paid special attention to regional and local needs in order to strengthen his political party, the UDR (Union des Democrates pour la Ve République), which he made a central and lasting force in the Gaullist movement. Foreign affairs The United States was eager to restore positive relations with France after de Gaulle's departure from office. New U.S. President Richard Nixon and his top adviser Henry Kissinger admired Pompidou; the politicians were in agreement on most major policy issues. The United States offered to help the French nuclear programme. Economic difficulties, however, arose following the Nixon Shock and the 1973–75 recession, particularly over the role of the American dollar as the medium for world trade. Pompidou sought to maintain good relations with the newly independent former French colonies in Africa. In 1971, he visited Mauritania, Senegal, Ivory Coast, Cameroon, and Gabon. He brought a message of cooperation and financial assistance, but without the traditional paternalism. More broadly, he made an effort to foster closer relations with North African and Middle Eastern