페이지 이미지
PDF
ePub

EXPORT-IMPORT BANK AND TRADE WITH CHINA

4 - APR 1 9
COPY 1978

HEARING

BEFORE THE

SUBCOMMITTEE ON INTERNATIONAL TRADE,

INVESTMENT AND MONETARY POLICY

OF THE

COMMITTEE ON
BANKING, FINANCE AND URBAN AFFAIRS

HOUSE OF REPRESENTATIVES

NINETY-FIFTH CONGRESS

SECOND SESSION

ON

H.R. 8196
A BILL TO AMEND THE EXPORT-IMPORT BANK ACT OF
1945 BY ELIMINATING THE PRESIDENTIAL DETERMINA-
TION REQUIREMENT IN CONNECTION WITH TRADE WITH

THE PEOPLES REPUBLIC OF CHINA

JANUARY 26, 1978

Printed for the use of the
Committee on Banking, Finance and Urban Affairs

U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON : 1978

23-798 O

HOUSE COMMITTEE ON BANKING, FINANCE AND URBAN AFFAIRS

HENRY S. REUSS, Wisconsin, Chairman THOMAS L. ASHLEY, Ohio

J. WILLIAM STANTON, Ohio WILLIAM S. MOORHEAD, Pennsylvania GARRY BROWN, Michigan FERNAND J. ST GERMAIN, Rhode Island CHALMERS P. WYLIE, Ohio HENRY B. GONZALEZ, Texas

JOHN H. ROUSSELOT, California JOSEPH G. MINISH, New Jersey

STEWART B. MCKINNEY, Connecticut FRANK ANNUNZIO, Illinois

GEORGE HANSEN, Idaho JAMES M. HANLEY, New York

HENRY J. HYDE, Illinois PARREN J. MITCHELL, Maryland

RICHARD KELLY, Florida WALTER E. FAUNTROY,

CHARLES E. GRASSLEY, Iowa District of Columbia

MILLICENT FENWICK, New Jersey STEPHEN L. NEAL, North Carolina

JIM LEACH, Iowa JERRY M. PATTERSON, California

NEWTON I. STEERS, JR., Maryland JAMES J. BLANCHARD, Michigan

THOMAS B. EVANS, JR., Delaware CARROLL HUBBARD, JR., Kentucky

BRUCE F. CAPUTO, New York JOHN J. LAFALCE, New York

HAROLD C. HOLLENBECK, New Jersey GLADYS NOON SPELLMAN, Maryland S. WILLIAM GREEN, New York LES AUCOIN, Oregon PAUL E. TSONGAS, Massachusetts BUTLER DERRICK, South Carolina MARK W. HANNAFORD, California DAVID W. EVANS, Indiana CLIFFORD ALLEN, Tennessee NORMAN E. D'AMOURS, New Hampshire STANLEY N. LUNDINE, New York EDWARD W. PATTISON, New York JOHN J. CAVANAUGH, Nebraska MARY ROSE OAKAR, Ohio JIM MATTOX, Texas BRUCE F. VENTO, Minnesota DOUG BARNARD, Georgia WES WATKINS, Oklahoma ROBERT GARCIA, New York

PAUL NELSON, Clerk and Staf Director
MICHAEL P. FLAHERTY, Counsel

GRASTG CREWS II, Counsel
MERCER L. JACKSON, Minority Star Director
GRAHAM T. NORTHUP, Deputy Minority Staj Director

SUBCOMMITTEE ON INTERNATIONAL TRADE, INVESTMENT AND MONETARY POLICY

STEPHEN L. NEAL, North Carolina, Chairman LES AUCOIN, Oregon

J. WILLIAM STANTON, Ohio PAUL E. TSONGAS, Massachusetts

HENRY J. HYDE, Illinois EDWARD J. PATTISON, New York

MILLICENT FENWICK, New Jersey JOHN J. CAVANAUGH, Nebraska

HAROLD C. HOLLENBECK, New Jersey JAMES J. BLANCHARD, Michigan

NEWTON I. STEERS, JR., Maryland
MARK W. HANNAFORD, California

JIM LEACH, Iowa
DAVID W. EVANS, Indiana
STANLEY N. LUNDINE, New York
BRUCE F. VENTO, Minnesota
DOUG BARNARD, Georgia
WES WATKINS, Oklahoma
MARY ROSE OAKAR, Ohio

(II)

78-601485

[ocr errors][merged small][merged small][merged small][merged small]

8

42

73

STATEMENTS

Ball, George W., senior managing director, Lehman Brothers Kuhn

Loeb Inc

Korsvik, William J., vice president, international banking department,

The First National Bank of Chicago--

Maffuid, Jesse, international marketing director, National Machine Tool

Builders Association, Bridgeport, Conn.; on behalf of Philip R. Marsilius,

past chairman of the association...

Munisteri, Joseph G., group vice president, Brown & Root, Houston, Tex.

Phillips, Christopher H., president, National Council for United States-

China Trade

Pryor, Earl, first vice president, Oregon Wheat Growers League, member,

executive board, National Association of Wheat Growers--

Root, William, Office of East-West Trade, Department of State.

ADDITIONAL INFORMATION SUBMITTED FOR THE RECORD
Korsvik, William J., prepared statement.---.
Maffuid, Jesse, submission of prepared statement of Philip R. Marsilius,

past chairman, National Machine Tool Builders Association...

National Association of Wheat Growers, prepared statement on behalf by

Earl Pryor, member, executive board--

National Council for United States-China Trade, prepared statement on

behalf by Christopher H. Phillips, president.

National Machine Tool Builders Association, prepared statement on behalf

by Philip R. Marsilius, past chairman --

Oregon Wheat Growers League, prepared statement on behalf by Earl

Pryor, first vice president --
Phillips, Christopher H.:

Memorandum, dated February 1, 1978, re attached State Department

note of January 27, 1978, commenting on Phillips' statement that
Bank of China "has in some cases been the guarantor of Japanese

Eximbank loans".
Prepared statement on behalf of the National Council for United

States-China Trade:
Pryor, Earl, prepared statement on behalf of the Oregon Wheat Growers

League and the National Association of Wheat Growers.--

Root, William, prepared statement-

STATEMENTS AND LETTERS OF SUPPORT

Caterpillar Tractor Co., Peoria, Ill., letter dated January 11, 1978, from

D. R. Lammens, vice president.--

Deere & Co., Moline, Ill., statement of H. W. Becherer, vice president..

International Harvester Co., statement of Omer G. Voss, vice chairman.-

International Trade Club of Chicago, Chicago, Hi., letter dated January 25,

1978, from Richard D. Higgins, president-

Scott, Hugh, former Senator, statement-

United Technologies International, Hartford, Conn., letter dated Jan-

uary 24, 1978, from Robert B. Burgess, president.-

(III)

66

54

22

66

10

96

92

98

102

91

sedon

« 이전계속 »