CONTENTS

(PARTS 1-6)

Dscussions between Members of the Committee on Finance and the witnesses:

Russell B. Long (chairman)

Page

1-4,

175, 206-11, 220–23, 225, 227, 375, 378, 497, 403, 413, 415-20, 438-44, 451, 457-59, 479-81, 486, 1135, 1143, 1147, 1164-67, 1223, 1238, 1241, 1247, 1249, 1261, 1263, 1264, 1271, 1331, 1336, 1337, 1397 Herman Talmadge_-

223-27, 413-15, 459-62, 713, 716, 717, 723, 725, 726, 741, 838, 866, 947, 950, 951, 964, 967, 968, 975, 997, 998, 1005, 1006, 1008, 1019, 1020, 1037, 1038, 1040, 1041, 1043, 1044, 1405, 1408, 1414, 1415, 1486, 1489–92, 1498, 1501, 1504, 1524, 1528-31, 1551, 1558, 1559, 1573, 1614, 1867, 1869, 1872, 1873, 1889, 1890, 1898, 1899

Vance Hartke__

256,

261-67, 409-13, 431-38, 444-50, 463-65, 736, 739-41, 857-64, 867, 868, 873-75, 879, 881-83, 912, 913, 931, 1098-1103, 1148-52, 1329, 1414, 1415, 1430, 1433, 1434, 1436, 2031, 2042, 2046-49, 2063, 2064, 2067, 2097, 2098, 2102, 2103, 2117, 2143

J. W. Fulbright_.
Abraham Ribicoff

230-33, 467-69, 488, 489, 495, 497, 498 3, 4, 191–93, 227, 233–36, 470–72, 725, 726–28, 1143-45, 1331, 2232–35, 2244, 2245, 2247 183-88,

Harry F. Byrd, Jr.

243-45, 474-76, 481-93, 495-98, 731-33, 1155, 1156, 1158, 1164, 1491, 1492, 1503, 1504, 1526, 1531, 1532

478,

Gaylord Nelson__

Mike Gravel__
Lloyd Bentsen__
Wallace F. Bennett----

479, 867, 1161-64, 1636, 1640, 1904-06, 1920, 1921, 1924, 1926, 1930, 1931 Walter F. Mondale179-81, 1574-77, 1583, 1587, 1588, 1600-06, 1614, 1622, 1630, 1639-41, 1643, 1645, 1668, 1673 481-84, 251-54, 401-03, 882, 1160, 1161, 1575-78, 1671-73, 2265-72 203-05, 227-31, 462-63, 728–31, 1051, 1054, 1059-61, 1502, 1503 Carl T. Curtis_. 200-03, 254-60, 465, 466, 486-88, 1279, 1280, 1291, 1320, 1322–25, 2014–17 Paul J. Fannin__ 196-200, 407-09, 469, 470, 489-91, 734-36, 846-48, 864-66, 1061, 1062, 1075– 77, 1083, 1084, 1086, 1087, 1089-93, 1097, 1098, 1103, 1121, 1122, 1126-30, 1585, 1586, 1588-90, 1598-1600, 1605, 1606, 1614-16, 1631, 1632, 1639, 1669–71, 1689–93, 1704-06, 1720-22, 1738, 1743-46, 1750, 2133, 2137, 2140-43

Clifford P. Hansen_

185, 188-90, 208, 236, 240-43, 472-74, 842-44, 883, 999, 1000, 1008, 1009, 1020, 1021, 1062-64, 1074, 1075, 1093–95, 1097, 1129, 1632-34, 164244, 1673, 1674, 1902-05, 1923-25, 1926, 1945, 1946, 1949–53, 1963 404-06, 476-78, 1145-48, 1263, 1577, 1586, 1587, 1602-04, 1952, 1975, 1981, 1983, 1995, 1996, 2002, 2003, 2042, 2048, 2064–67, 2097, 2100, 2102 Bob Packwood.

Robert Dole__.

181,

183, 246-48, 398-401, 741-44, 844-46, 866, 867, 951, 976, 1000, 1010, 1021, 1022, 1152-55, 1280-84, 1325, 1524, 1525, 1634, 1635, 1641, 1644, 1674-76, 1794-99, 1805-14, 1841-46, 1855-58, 1864, 1873-75, 1883, 1890, 1899-1901, 1906, 1920-23, 1925, 1931, 1952, 1975, 1976, 1983, 2246, 2247, 2267-70, 2273-75, 2311, 2313, 2320, 2323-25, 2329-32

Discussion between Members of the Committee on Finance and the wit- Page nesses-Continued

William V. Roth, Jr---

4, 176-78, 48-51, 420-24, 484-86, 493-95, 1158, 1159, 1284, 1337-41, 1371, 1379-81, 1635, 1636, 1759, 1760, 1762, 1780

ADMINISTRATION WITNESSES

Hon. Henry A. Kissinger, Secretary of State, accompanied by:
Ambassador William D. Eberle, Special Representative for Trade
Negotiations; and Linwood Holton, Assistant Secretary of State__

451

Hon. Earl L. Butz, Secretary of Agriculture---
Hon. Frederick B. Dent, Secretary of Commerce_.
Hon. Peter J. Brennan, Secretary of Labor..

375

382

394

Hon. George F. Shultz, Secretary of the Treasury accompanied by:

Hon. William D. Eberle, Special Representative for Trade Negotia-
tions

163

Hon. Peter M. Flanigan, Executive Director, Council on International
Economic Policies---.

167

Hon. William D. Eberle, Special Representative for Trade Negotiations,
Executive Office of the President, accompanied by :

Hon. Harold Malmgren, Deputy Special Representative, and John H.
Jackson, General Counsel and Acting Deputy Special Representa-
tive

211

PUBLIC WITNESSES

Abel, I. W., president, United Steelworkers of America, AFL-CIO, accompanied by:

Jacob Clayman, secretary-treasurer, Industrial Union Department-
AFL-CIO
Academic Committee on Soviet Jewry, Seymour Martin Lipset, member,
executive committee; Stanley Lowell, chairman, National Conference of
Soviety Jewry; and Sister Margaret Ellen Traxler, chairman, National
Interreligious Task Force On Soviet Jewry, accompanied by:
Jerry Goodman, executive director, NCSJ_.

1329

2241

Adams, Dr. Walter, Michigan State University, and Dr. Joel B. Dirlam,
University of Rhode Island__

1087

Adduci, V. J., president, Electronic Industries Association, accompanied by: William H. Moore, vice president, Electronic Industries Association, and director, International Business Council___.

1663

Aerospace Industries Association of America, Inc., Karl G. Harr, Jr., president

1704

AFL-CIO, George Meany, president, accompanied by :

Andrew Biemiller, director, department of legislation; and
Nat Goldfinger, director, department of research-

1135

Ahlbrandt, Roger S., chairman, Allegheny Ludlum Industries, on behalf of American Iron and Steel Institute and Tool and Stainless Steel Industry Committee_

1055

Air Transport Association of America, Norman J. Philion, senior vice
president, Government and Public Affairs, accompanied by :
Gabe Phillips, vice president, International Services; and
Charles Butler, Special Advisor on Government and Public Affairs--
Allegheny Ludlum Industries, Roger S. Ahlbrandt, chairman__-.
American Association of Port Authorities, Clifford B. O'Hara, chairman,
committee XI, foreign commerce, director, Port Authority of New York
and New Jersey, chairman, Federal legislation and government traffic
committee, North Atlantic Ports Association, accompanied by:
Anu Lacis, secretary; and

C. Thomas Burke, chairman, U.S. section, International Association
of Great Lakes Ports, executive director, Seaway Port Authority
of Duluth__.

American Chain Association, Edward M. Rhodes, president, accompanied
by:

Wyatt Dawson, chairman of the board; and
John Hock, counsel...

2095

1055

1578

1544

V

PUBLIC WITNESSES-Continued

Page

American Dinnerware Emergency Committee, Richard S. Reese, president,
Scio Pottery Co., accompanied by:

James D. Williams, Jr., counsel..

1841

American Farm Bureau Federation, William J. Kuhfuss, president, accompanied by:

Donald E. Hirsch, American Farm Bureau Federation__. American Footwear Industries Association, Robert S. Lockridge, cochairman, Footwear Industry Emergency Committee on Trade Policy, accompanied by:

1004

Mark Richardson, president, American Footwear Industries Association American Imported Automobile Dealers Association:

1895

Malcom S. Pray, member, Volkswagen National Dealer Council,
chairman, Porsche Audi National Dealer Council___.

2039

Robert M. McElwaine, executive vice president, American Imported
Automobile Dealers Association__.

2041

American Importers Association, Simon Katz, president, and executive
vice president, New York Merchandise Co., accompanied by:
Gerald O'Brien, executive vice president, AIA; and
David Plameter, Daniels & Houlihan_-

1223

Automobile Importers of America, Ralph T. Millet, president, accompanied by:

John B. Rehm, counsel_-.

2037

American Institute for Imported Steel, Inc., Alfred R. McCauley and Seymour Graubard, counsel, Graubard, Moskovitz, & McCauley, accompanied by:

Ernest Wimpfheimer, past president, and director, American Institute
for Imported Steel, Inc___

1084

American Institute of Merchant Shipping, James J. Reynolds, president, accompanied by:

Barbara Burke, legislative assistant--.

1551

American Iron & Steel Institute, Stewart S. Cort, chairman, and chairman,
Bethlehem Steel..

1052

American Paper Institute, Sture G. Olsson, chairman of the board, Chesapeake Corp. of Virginia, accompanied by:

Judson Hannigan, president, International Paper Co., chairman,
Containerboard Division, American Paper Institute:
Edwin A. Locke, Jr., president, American Paper Institute; and
Dr. Irene W. Meister, director, international business and special
projects, American Paper Institute_-

1526

American Retail Federation and the National Retail Merchants Association, Stanley J. Goodman, chairman of the board and chief executive officer, May Department Stores Co., accompanied by:

Eugene A. Keeney, president, American Retail Federation;

James R. Williams, president, National Retail Merchants Association; and

1

Paul Victor, counsel_-

1946

Anthony, Mark T., vice president and general manager, Steel Division of
Kaiser Steel Corp-.

1056

Atlantic Council of the United States, John M. Leddy, chairman, advisory trade panel_-

909

Barnard, Robert C., counsel, on behalf of Synthetic Organic Chemical
Manufacturers Association___.

1277

Beck, Dr. Hubert Park, chairman, on behalf of the Russian Dollar Bondholders Committee of the United States---

1811

Benson, Lucy Wilson, president, League of Women Voters of the United
States, accompanied by:

Dr. Fruzsina Fedlam, national staff, League of Women Voters; and Ruth Hinerfeld, international chairman, League of Women Voters of the United States____.

1238

Bergsten, Dr. Fred, Columbia University__.

1624

Bethlehem Steel, Stewart S. Cort, chairman, and chairman, American
Iron & Steel Institute..

1052

PUBLIC WITNESSES-Continued

Page

Blackburn, Hon. Ben B., a Representative in Congress from the State of
Georgia

1486

Border, Vaughan E., director of marketing, Outboard Marine Corp., accompanied by:

Charles O. Verrill, counsel; and
Bart S. Fisher, counsel

Brennan, Richard M., director, international trade and tariff, Union
Carbide Corp., and chairman, International Trade Committee of the
Manufacturing Chemists Association....

Brown, Doreen L., chairman, Consumer Education Council on World Trade,
and Louis Krauthoff, chairman, advisory committee, Consumer Educa-
tion Council on World Trade_-.

Builders Hardware Manufacturers Association, J. Edward Rottmann,
president, CIPCO Corp., accompanied by:

Clyde Nissen, executive director, Builders Hardware Manufacturers
Association; and

Dana Ackerly, counsel-

1320

1274

1612

1980

Burke, C. Thomas, chairman, U.S. section, International Association of
Great Lakes Ports, executive director, Seaway Port Authority of
Duluth

1583

Burley & Dark Leaf Tobacco Export Association, Frank B. Snodgrass,
vice president and managing director, Tobacco Associates, Inc., and Leaf
Tobacco Exporters Association, Inc., accompanied by:
Joseph R. Williams, president, Tobacco Associates, Inc..
California-Arizona Citrus League, John M. Van Horn, vice president,
Sunkist Growers, Inc_‒‒‒

2137

California Committee of Semiconductors Manufacturers, Thomas A.
Skornia

2133

2322

Carl Marks & Co. Inc., Edwin S. Marks, president, accompanied by: Daniel Collier, vice president and manager, International Commitments Department;

Douglas Shankman, International Commitments Department; and Dr. Hubert Park Beck, chairman, Russian Dollar Bondholders Committee of the United States____

Carlisle, Charles R., on behalf of the Lead-Zinc Producers Committee,
accompanied by:

Joseph Sevich, vice president, St. Joe Minerals Corp. ; and
Harvey Applebaum, legal advisor, Covington & Burling-

Cast Iron Soil Pipe Institute, Robert B. Mangum, president, Central
Foundry, accompanied by:

Jerome O. Hendrickson, executive vice president, Cast Iron Soil Pipe
Institute;

Frederick Drum Hunt, foriegn trade consultant, Cast Iron Soil Pipe
Institute; and

James Welch, general counsel, Cast Iron Soil Pipe Institute----
Central Foundry Co., Robert B. Mangum, president, accompanied by:
Jerome O. Hendrickson, executive vice president, Cast Iron Soil
Pipe Institute;

1805

2114

1121

Frederick Drum Hunt, foreign trade consultant, Cast Iron Soil Pipe
Institute; and

James Welch, general counsel, Cast Iron Soil Pipe Institute-
Chester, Howard P., on behalf of the Stone, Glass, and Clay Coordinating
Committee

1121

1855

Chicago Association of Commerce and Industry, World Trade, James H.
Ingersoll, vice president, Borg-Karner Corp--.

1595

Collins, George, assistant to the President, International Union of Electrical, Radio, and Machine Workers, accompanied by :

Melvin Boyle, legislative representative, International Brotherhood of Electrical Workers; and

Reginald Newell, associate research director of the International Association of Machinists

1686

Committee for a National Trade Policy, Inc., David J. Steinberg, executive -director

1259

PUBLIC WITNESSES-Continued

Computer and Business Equipment Manufacturers Association, Vico E.
Henriques, vice president, accompanied by:

Page

Oliver Smoot, director, Industry Programs Industrial ActivityConsumer Education Council on World Trade:

2317

Doreen L. Brown, chairman__.

1612

Louis Krauthoff, chairman, advisory committee___

1613

Cooper, Mitchell J., counsel, on behalf of the Rubber Manufacturers Association, Footwear Division___.

1869

Cort, Stewart S., chairman, Bethlehem Steel and chairman, American
Iron & Steel Institute__

1052

Cross, Ralph, chairman, Government Relations Committee, National Machine Tool Builders Association, accompanied by :

John Koch, counsel---

1498

Council of the Americas, Henry R. Geyelin, executive vice president, accompanied by:

Michael Miller, vice president, Council of the Americas; and Herbert K. May, economist and consultant, Council of the Americas__ 1739 Dawson, David H., director, Du Pont Co., Office of the Chemical Industry Trade Adviser__

1271

DeSantis, Arthur A., executive secretary, on behalf of Italy-America
Chamber of Commerce, Inc., accompanied by :
Gunter von Conrad, counsel__

1397

Dirlam, Dr. Joel B., University of Rhode Island, and Dr. Walter Adams,
Michigan State University....

1087

Dobriansky, Dr. Lev E., chairman, National Captive Nations Committee,
Inc.

1759

Du Pont Co., David H. Dawson, director, on behalf of the Office of the
Chemical Industry Trade Adviser_.

1271

William H. Moore, vice president, Electronic Industries Association, and director, International Business Council--Emergency Committee for American Trade, Robert L. McNeill, executive vice chairman___

East-West Trade Council, G. W. Fincher, senior vice president, General
Tire International, accompanied by:

Max N. Berry, member, board of directors, East-West Trade Council__
Electronic Industries Association, V. J. Adduci, president, accompanied by:

929

1663

838

Erb, Guy F., senior fellow, Overseas Development Council_

873

Falk, Bernard H., president, National Electrical Manufacturers Association, accompanied by:

Theodore Crolius_

1518

Fincher, G. W., senior vice president, General Tire International, member of East-West Trade Council, accompanied by:

Max N. Berry, member, board of directors, East-West Trade Council--
Fisher, Bart, counsel, International Marine Expositions, Inc------
Frank, Charles R., Jr., senior fellow, Brookings Institution---
Gardner, Richard N., Brookings Institution__

929

1749

875

1621

General Electric, International & Canadian Group, William F. Kennedy, counsel

1665

General Tire International, G. W. Fincher, senior vice president, member of East-West Trade Council, accompanied by:

Max N. Berry, member, board of directors, East-West Trade Council_ Geyelin, Henry R., executive vice president, Council of the Americas, accompanied by:

Michael Miller, vice president, Council of the Américas; and

Herbert K. May, economist and consultant, Council of the Americas__ Gibbons, Hon. Sam M., a Representative in Congress from the State of Florida

1739

1405

1919

Glass, Irving R., on behalf of Tanners' Council of America, Inc__
Goldy, Daniel L., president, International Systems & Controls Corp., on
behalf of the Chamber of Commerce of the United States, International
Committee