HARRISON A. WILLIAMS, JR., New Jersey PETER H. DOMINICK, Colorado EDMUND S. MUSKIE, Maine EDWARD V. LONG, Missouri MAURINE B. NEUBERGER, Oregon THOMAS J. MCINTYRE, New Hampshire II MATTHEW HALE, Chief of Staff R.V.S. 2663 7158 CONTENTS Page WITNESSES Hon. Karl E. Mundt, U.S. Senator, State of South Dakota.. Dr. G. Warren Nutter, professor and chairman of economics, University of Gerald Steibel, Research Institute of America, New York, N.Y. Hon. J. W. Fulbright, U.S. Senator, State of Arkansas. Hon. George W. Ball, Acting Secretary of State.. Harold F. Linder, President and Chairman, Board of Directors, Export- Import Bank of Washington; accompanied by Walter C. Sauer, Vice Chairman, Board of Directors, Export-Import Bank of Washington.... Hon. Franklin D. Roosevelt, Jr., Acting Secretary of Commerce; accom- panied by Ernest Rubin, Director, Sino-Soviet Division; Forrest D. Hockersmith, Director, Office of Export Control; and Dean B. Lewis, Assistant General Counsel, Department of Commerce- Samuel C. Waugh, former Chairman, Eximbank, Washington, D.C.. Alfred W. Barth, executive vice president, Chase Manhattan Bank August Maffry, senior vice president, International Division, Irving Trust ALPHABETICAL LIST OF WITNESSES O'Halloran, John L., International Division, Manufacturers Hanover Trust 234 Linder, Harold F., President and Chairman, Board of Directors, Export- Mundt, Hon. Karl E., U.S. Senator, State of South Dakota_ Nutter, Dr. G. Warren, professor and chairman of economics, University Ray, Philip A., Esq., San Francisco, Calif. Roosevelt, Hon. Franklin D., Jr., Acting Secretary of Commerce; accom- Page 162 232 35 67 216 201 72 215 243 American Farm Bureau Federation, Washington, D.C.: Telegram from 247 Attorney General's opinion concerning the application of certain Federal statutes to sales of U.S. wheat and other agricultural products to the Ball, Hon. George W., Acting Secretary of State: Memorandum entitled Bennett, Hon. Wallace F., U.S. Senator from the State of Utah: Articles from the Washington Evening Star of November 20, 1963: 142 Legislative history of the Export-Import Bank of Washington.. Commerce Department, 64th quarterly report, 2d quarter 1963, entitled 64 Table 2. Commodities licensed for Eastern Europe, second quarter, 255 259 Chart, U.S. trade with Eastern Europe, 1957-63- Continental Illinois National Bank & Trust Co. of Chicago, Chicago, Ill.: Dillon, Hon. Douglas, Secretary of the Treasury: Agriculture Department 237 78 222 Export-Import Bank of Washington: Credits authorized, $10 million and over, for fiscal year 1964 (through First National Bank of Chicago, Chicago, Ill.: Telegram from Herbert V. 32, 115 33 Fulbright, Hon. J. W., U.S. Senator from the State of Arkansas: The Export-Import Bank and the sale of wheat to the Soviet Union....... House Banking and Currency Committee, Subcommittee No. 3: Hearings Letter to the President of the Senate and the Speaker of the House Kintner, Dr. William R., deputy director, Foreign Policy Research Insti- tute, University of Pennsylvania.......... Leaf Tobacco Exporters Association, Richmond, Va.: Telegram from 247 Morse, Hon. Wayne, U.S. Senator from the State of Oregon, statement entitled, "American Taypayers Should Not Subsidize Sale of Wheat to Mundt, Hon. Karl E., U.S. Senator from the State of South Dakota: "Wheat Sales To Aid Balance of Payments": Article by Sylvia Foreign Assistance Act of 1961, section 620(f). Ray, Philip A., Esq., San Francisco, Calif.: Article entitled, "U.S. Wheat for Russia on Credit-Plan To Guarantee Dealers Against Loss Viewed as New Soviet-United States Trade Policy," by David Lawrence. Robertson, Hon. A. Willis, U.S. Senator from the State of Virginia: Statement by Dr. William R. Kintner, deputy director, Foreign Wells Fargo Bank, San Francisco, Calif.: Telegram from W. J. Gilstrap, Agricultural Trade Development and Assistance Act of 1954, Public Law 480, 83d Congress, as amended by Public Law 85–128 (Cooley Bretton Woods Agreements Act of 1945, as amended, excerpts from.. Export-Import Bank Act, as amended through September 26, 1961.. Foreign Assistance Act of 1961, section 620 (f), definition and list of Joint resolution of March 26, 1934, as amended, requiring agricul- tural products to be shipped in U.S. vessels if financed by United Mutual Defense Assistance Control Act of 1951 (Battle Act), excerpts from Public Law 213, 82d Congress-- Section 955, title 18, United States Code, Public Law 772, 80th Con- Reorganization Plan No. 5 of 1953, the Export-Import Bank of Wash- |