macleginn/stanford_congress_record_longer_speeches huggingface dataset:
Date: 1983-08-03
Speaker: ST GERMAIN (democrat)
Chamber: H

Mr. Chairman. I will be sending an amendment to the desk that will in fact instruct the Secretary of the Treasury and the U.S. Executive Director to the Fund to propose and work for the adoption of Fund policies regarding the rate of remuneration paid on the use of members quota subscriptions and the rate of charges on Fund drawings to bring those rates in line with market rates. The Secretary of the Treasury shall report to the appropriate committees of Congress within 180 days of enactment on the progress made in implementing this provision. This would. indeed. direct the Secretary and the Executive Director of the Fund to look into the matter that concerns the gentleman. As I said. two wrongs do not make a right. but I think in this instance. if we could agree to this study. we could do it in a deliberate manner. We have held no hearings on the amendment pending. But the amendment that I shall offer to the amendment in a moment would. I think. cure the defect and certainly address the problem of the gentleman.
Date: 1983-08-03
Speaker: ST GERMAIN (democrat)
Chamber: H

I do not yield any further. The point will be that we are going to study the matter to determine if that which the gentleman contends in his explanation is valid. and. if so. indeed we will do everything possible to equalize the interest rates. For that reason. I shall be offering the amendment to the gentlemans amendment. Mr. Chairman. I yield back the balance of my time.
Date: 1983-08-03
Speaker: ST GERMAIN (democrat)
Chamber: H

Under the circumstances. having heard the gentlemans explanation. I. too. am glad to join my ranking minority member in accepting the amendment.
Date: 1983-08-03
Speaker: ST GERMAIN (democrat)
Chamber: H

Mr. Chairman. I move to strike the last word. I rise in respectful opposition to the amendment. Mr. Chairman. I rise to oppose the gentlemans amendment for the following reasons: To begin with. the amendment is inconsistent. as specified in section 17(b) of the Bretton Woods Act (22 U.S.C. 286 et seq.). all increases in GAB resources are permanent. More important. however. is the Issue of making the increase temporary. There are at least three points that concern me with this. First. prompt and effective actiqn by the IMP was a key factor in the containment of the past years financial crises. We must insure that the IMF has sufficient resources available to react just as quickly to future events. Because the GAB requires consultation with all of its members before it can be used. and because a member who has loaned money to the IMF under the GAB can request early repayment if its own balance of payments situation deteriorates. I believe that the arrangement set forth in the bill before youin which twothirds of our contribution is via a quota increaseis a far better means of insuring that the IMP will always have available the resources needed to deal with a sudden emergency. Second. if we choose to channel all of our increased support for the IMF through the GAB rather than a quota increase. our voting shares in the Fund will be reduced to less than 15 percent of the total. This will sharply reduce our influence in this critical international body. and eliminate our veto over such crucial decisions as future quota increases. SDR allocations. and the disposition of the IMFs gold stocks. As well as some of the other amendments that have been adopted during the consideration of this legislation. We would get weaker. weaker in the IMP. Finally. given the aforementioned limitations of the GAB. a failure to permanently increase the U.S. quota might eventually force the IMP to borrow directly in the private capital markets our private capital markets. Such borrowing would occur. in large part. in the United States of America and would probably result in a far greater absorption of domestic savings than would Treasury borrowing to finance payments of the U.S. quota subscription. And what would that mean? I think the gentleman from Ohio will agree with me. that would mean increased interest rates to all citizens of this country. our small business people. potential home purchasers. to each and every one of them. People wanting education loans. all over the place. For that reason. I have to oppose this amendment. fhgk 3.1.993
Date: 1983-08-03
Speaker: ST GERMAIN (democrat)
Chamber: H

I thank the gentleman for yielding. Mr. Chairman. is this the amendment that would direct the Secretary of the Treasury to report to Congress the total amount of new funding that will be provided by the IMF due to the quota increase. and which countries will receive loans resulting from the increase?
Date: 1983-08-03
Speaker: ST GERMAIN (democrat)
Chamber: H

Under the circumstances. if the gentleman would like to revise and extend his remarks. I would be prone to accept the amendment.
Date: 1983-08-03
Speaker: ST GERMAIN (democrat)
Chamber: H

Mr. Chairman. the profferor of the amendment in his concluding phrase stated. indeed. the intent of his amendment. to wit. to send it back to the drawing board. because what the amendment does is to strike the IMF funding. No matter how you try to dress that one up. that is the end of the legislation. Every argument that has been made on behalf of the legislation still stands and. of course. many have listened to those arguments against. but I think at this point in time most of the Members as we approach the conclusion of the consideration in the amendatory process have pretty well decided which way they are going on this legislation. I think they have heard from their constituencies pro and con and I think they have made up their minds. I feel that many of them will look at the improvements in the legislation and realize that they do not want to have to think of themselves. "Gee. if I vote against this legislation. if it falls. I will be responsible for the consequences" I do not think there are too many Members that want to feel that way. In fact. many of those Members who are going to vote against this are probably hoping against hope and praying on bended knee that the legislation will. indeed. succeed because even they realize that the. consequences of failure of this legislation would really and truly ruin Lhe economic recovery that we all hope is occurring in this country at this point in time. but just as important. the economic recovery that we hope is happening internationally at this time. so for those reasons. with all due respect because of my high regard for the gentleman. I have to oppose the amendment. I would say to the gentleman as to the change of the rulesI thought the gentleman was running for the Senatethat the gentleman wanted to change the Senate rules. A fellow named JAKE GARN might want the gentleman on his committee. if he were fortunate enough to be elected. We would love to have the gentleman from Indiana on our committee. but very frankly. we have so many Members on it now. we probably have almost a majority of the House.
Date: 1983-08-03
Speaker: ST GERMAIN (democrat)
Chamber: H

If I understand the gentlemans amendment properly. to make it very easily understandable to all. this is the amendment that says we should work for and propose and hope that. in the future. monopoly money will not be used but real money. Is that not correct?
Date: 1983-08-03
Speaker: ST GERMAIN (democrat)
Chamber: H

Mr. Chairman. my point of order is that it relates to a balanced budget for the United States and is therefore not germane to that part of the legislation before us. Title III of the legislation provides for U.S. contributions ot the IMF. as well as certain conditions and restrictions of those contributions and on lending by U.S. banks. The title does not address the far broader Issues of overall Federal Government spending and taxing raised by this amendment. The amendment also has a different fundamental purpose from title III. in that it seeks to impose limitations on aggregate receipts and expenditures of the Federal Government. which has nothing to do with the purposes of the IMF legislation. The mere fact that previous nongermane amendments dealing with budget outlays and receipts have been attached to IMF legislation in past Congresses does not make the amendment germane. The amendment must be germane to the bill. not to the underlying law being amended in the bill. Deschlers Procedure. chapter 28. section 27. I ask the Chair to rule the amendment out of order.
Date: 1983-08-03
Speaker: ST GERMAIN (democrat)
Chamber: H

Mr. Chairman. the amendment relates to a balanced budget for the United States and is therefore not germane to that part of the legislation before us. Title III of the legislation provides for U.S. contributions to the IMF. as well as certain conditions and restrictions on those contributions and on lending by U.S. banks. The title does not address the far broader issues of overall Federal Government spending and taxing raised by this amendment. The amendment also has a different fundamental purpose from title III. In that it seeks to impose limitations on aggregate receipts and expenditures of the Federal Government. which has nothing to do with the purposes of the IMF legislation. The mere fact that previous nongermane amendments dealing with buQget outlays and receipts have been attached to IMF legislation in past Congresses does not make this amendment germane. The amendment must be germane to the bill. not to the underlying law being amended in the bill. Deschlers. chapter 28. section 27. I ask the Chair to rule the amendment out of order.
Date: 1983-08-03
Speaker: ST GERMAIN (democrat)
Chamber: H

Mr. Speaker. pursuant to the provisions of House Resolution 249. I call up from the Speakers table the Senate bill to amend the Bretton Woods Agreements Act to authorize consent to and authorize appropriations for an increase in the U.S. quota in the International Monetary Fund and to authorize appeopriations for increased U.S. participation in the IMFs General Arrangements to Borrow. and ask for its immediate consideration.
Date: 1983-08-03
Speaker: ST GERMAIN (democrat)
Chamber: H

Mr. Speaker. I ask unanimous consent that. in the engrossment of the House amendment to 8. 695 the Clerk be authorized to correct iection numbers. punctuation. and cross references and to make such other technical and conforming changes as may be necessary to reflect the actions of the House in amending the bill H.R. 2957.
Date: 1983-08-03
Speaker: ST GERMAIN (democrat)
Chamber: H

Mr. Speaker. I ask unanimous consent that all Members may have 5 legislative days in which to revise and extend their remarks. and include extraneous material. on the bill just passed.
Date: 1983-08-03
Speaker: ST GERMAIN (democrat)
Chamber: H

Mr. Speaker. today. Mr. Wyuiz and I introduced legislation requested by Chairman Bill Isaac of the Federal Deposit Insurance Corporation. The reason for this request and a statement of the Corporations approach to financial services legislative issues are contained in a letter from Chairman Isaac which I place in the RECORD at this point: FEDERAL DEPosrr INsURANcE
Date: 1983-08-04
Speaker: ROBERT C. BYRD (democrat)
Chamber: S

Madam President. at this Tuesdays conference luncheon the Senate Democratic Conference. which is the conference of all Democratic Senators. adopted the following resolution without dissent: The Senate Democratic Conference hereby endorses the Contadora process. for which President Reagan expressed "strong support" in his letter of July 26. 1983. to the President of Panama. Members of this side of the aisle support and encouraged the peace initiative which have been undertaken by Panama. Colombia. Mexico. and Venezuela. The resolution we passed is a formal expression of that support. Last week. the distinguished ranking minority members of the Senate Foreign Relations Committee. Senator CLAIBORNE PELL. authored a thoughful opinion piece in the Los Angeles Timese which also commended the attenipt to achieve a peaceful settlement in Central America undertaken by the Contadora Group. I ask unanimous consent that the entire text of Senator PELLs oped piece be printed in the RECORD at this point.
Date: 1983-08-04
Speaker: SAM B. HALL (democrat)
Chamber: H

I thank the gentleman for yielding. Madam Speaker. I would like to associate myself with the sentiments and statement of the gentleman who just spoke from Ohio. In my area of Texas. we have many problems facing the manner in which we are talking about trying to help these people get retrained. It is something that they are looking forward to. It is something that they have been led to expect that they would have. and I think this is the proper time and place to carry out the promise that we have for the structurally unemployed people. So I certainly join with the gentleman from Ohio and hope that this matter goes in this direction.
Date: 1983-08-04
Speaker: DE LA GARZA (democrat)
Chamber: H

Mr. Speaker. I ask unanimous consent to take from the Speakers table the Senate Joint resolution (S.J. Res. 149) to temporarfly suspend the authority of the Secretiry of Agriculture. under the milk price support program. to impose a second 50 cents per hundredweight deduction from the proceeds of sale of all milk marketed commercially in the United States. and ask for its immediate consideration in the House.
Date: 1983-08-04
Speaker: DE LA GARZA (democrat)
Chamber: H

The plan is of course to move the legislation which has been approved by the committee. Needless to say. it is a very fragile compromise because this is a very complicated issue. The reason. as has been mentioned. that we have not moved it is because the administration Insisted on tying other matters to it. We thought the matter could be resolved in the Senate so we waited. The Senate was not able to resolve the issue. This is what they have sent back which takes care for the immediate future something that will transpire when we are not here. the extra 50 cents assessment. The legislation repeals that. Now. I know the gentleman. both my friend from Illinois. all I can tell you is that our committee has been responsive to the will of the Members. I cannot make an omnibus bill out of a tobacco bill if that is the only thing we have before us. And I hope as a good legislator I have tried to expeditie. as a good chairman. to use the most feasible. expeditious manner in which to pass legislation. which has been passing the committee unanimously. And that is the reason for utilizing the suspension system. no other reason. But if we have a bill which requires a rule then all I can say is that we are subject to whatever rule we get from the Rules Committee. But I have no objection to an open rule or to in any way to frustrate the ability of a Member to exert his influence or to offer alternatives. We have no objection to that. I would like to tell the distinguished minority leader that in this issue related to target price freeze and the dairy. we invited. in an usual move. in the midst of markup. the Secretary of Agriculture to come and again present his view. The committee did not approve it. As much as I would like to accommodate my distinguished colleague from Illinois. the minority leader. the votes were not there and no one frustrated the effort except the number of votes that were cast yea and nay. But the gentleman has my assurance. one. that in no way have I as chairman or any other Member spoken to me about frustrating the effort of any Member. except that a chairman is trusted to move legislation from his committee in the most expeditious manner. *
Date: 1983-08-04
Speaker: DE LA GARZA (democrat)
Chamber: H

Mr. Speaker. if the gentleman will yield to me. there has never been any attempt to horse around or to get around the gentleman from Illinois or the other gentleman from Illinois.
Date: 1983-08-04
Speaker: DE LA GARZA (democrat)
Chamber: H

We are all being cowed around. They are just pumping more milk than we can hAndle. That is why we are here tonight. The very masterful presentation of the distinguished gentleman. the minority leader. we will avail ourselves of the mastery of my distinguished minorIty ranking member in a conciliatory process and so on at every available opportunity. All I can say is that we move the legislation in the most expeditious manner possible. If the members of the committee want an open rule. we ask for an open rule. If they want a modified. we ask for a modified. The gentleman knows that a chairman no longer has the authority of years past and you have to work with consensus and within the art of the possible..A chairman is Instructed basically by his committee and I can assure the gentleman of one thing that I will ask the advice and consent of the full committee as to what route they wish to take when we go to the Rules Committee on this dairy legislation. which I hope is promptly after we reconvene in September. And that is all of the assurances that I can give the gentleman within my discretion.
Date: 1983-08-04
Speaker: DE LA GARZA (democrat)
Chamber: H

Mr. Speaker. I would like to inform the gentleman that the hour is not of our making or of our choosing. This is the time the other body sent the legislation to us.
Date: 1983-08-04
Speaker: DE LA GARZA (democrat)
Chamber: H

Mr. Speaker. the gentleman from Texas has no objection to asking for an open rule if it were the sole discretion of the gentleman from Texas. The gentleman knows that I can say I would want an open rule but if the committee would want me to act otherwise. I would have to oblige them. But the gentleman has the assurance. for whatever it is worth. that the gentleman from Texas has no objection to an open rule.
Date: 1983-08-04
Speaker: DE L GARZA (democrat)
Chamber: H

I would like to accommodate my good friend. but the gentleman from Texas cannot place himself in a position of going to the Rules Committee and saying that I personally would like an open rule but that the committee has instructed me to ask for a different rule. But I think that possibly all of the anxieties of the Members. as far as being able to propose amendments with their specific ideas. this issue I think will be handled properly and everyone would be given an opportunity to present their viewpoints.
Date: 1983-08-04
Speaker: DE LA GARZA (democrat)
Chamber: H

I inform my distinguished colleague. the gentleman from California. the committee has already acted. The legislation is out of committee. We are waiting to go to the Rules Committee. But I will assure the gentleman that I will call a meeting of the committee. assure the committee that I support and open rule. and then let the committee work its will.
Date: 1983-08-04
Speaker: DE LA GARZA (democrat)
Chamber: H

Mr. Speaker. I ask unanimous consent to take from the Speakers table the Senate concurrent resolution (S. Con. Res. 63) providing that in the enrollment of the bill to establish an improved program for extra long staple cotton. the Clerk of the House of Representatives shall make certain correclions.
Date: 1983-08-04
Speaker: DE LA GARZA (democrat)
Chamber: H

I appreciate my distinguished colleague yielding. Mr. Speaker. this resolution affects I.R. 3190. which was passed by this House. A word was misspelled and a crossreference number was erroneously omitted. This allows the Clerk to correct the misspelled word and the miscrossreference.
Date: 1983-08-04
Speaker: DE LA GARZA (democrat)
Chamber: H

If the gentleman will yield further. it does not change the bill in any way whatsoever. It is just that the word was misspelled.
Date: 1983-08-04
Speaker: DE LA GARZA (democrat)
Chamber: H

Mr. Speaker. I ask unanimous consent that all Members may have 5 legislative days in which to revise and extend their remarks on Senate Concurrent Resolu. tion 63 and on Senate Joint Resolution 149. both previously approved.
Date: 1983-09-12
Speaker: GEORGE BUSHS (democrat)
Chamber: S

President of the Senate of the United States of America. U.S. Senate. Washington. D.C Please accept my deepfelt condolences on the sad occasion of the passing away of Senator Henry M. Jackson. The Senator will be remembered by Norwegians .4s a distinguished politician and friend of Norway. Please convey my condolences to the bereaved family.
Date: 1983-09-12
Speaker: DANIEL INOUYE (democrat)
Chamber: S

to fill the vacancy left by the death of the late Senator HENRY M. JACKSON on the advisory group to the National Bipartisan Commission on Central America. I will supply the majority leader as well as
Date: 1983-09-13
Speaker: SAM B. HALL (democrat)
Chamber: H

Mr. Speaker. Funk and Wagnalls Standard Dictionary defines "base" as low in sentiment. moralslow in rank. cheap. contemptible. degraded. despicable. ignobile. Infamous. low minded. mean. miserable. shabby. sneaking. sordid. squalid. vile. worthless. wretched. Those are only a few of the words that express my utter contempt and revulsion for the Soviet Union by reason of their dastardly and Inhuman action in shooting down Korean flight 007. The Soviets should never be allowed to forget this illegal and cowardly act.I I would hope that every Soviet leader in the United States and those around the world would read the CONGRESSIONAt. RECORD Of this Congress in order that they might learn firsthand Just how low in esteem they are held by this Congress and by the people of the United States of America.
Date: 1983-09-13
Speaker: DE LA GARZA (democrat)
Chamber: H

I thank the majority leader for- yielding and for taking the lead In this very important national issue. which Is the education of our children. I would like to state that the majority leader has very succinctly proposed a solution or a part solution- to a very Intricate and troublesome problem.
Date: 1983-09-13
Speaker: DE LA GARZA (democrat)
Chamber: H

Eventually. the intricacies of the educational problem come down to one point: financing. I only take it to my area. of Texas. that possibly we could take care of the children that have impacted on our schools. but with one exception. that no funds are allocated by the State of Texas for buildings. AUl of the buildings have to be by the local school districts. And these districts that have been impacted are many of the poorest of the poor. and this is one way to assist them. In order parts of thle country. the assistance may be of a different nature. but in ray area. it is because there Is no facility within thle constitutional framework. and the imposition has come from the Federal Government. from our Supreme Court. and therefore this will be of tremendous assistance. Again. I thank the distinguished majority leader and also the chairman of the committee who has been very cooperative throughout the process.
Date: 1983-09-13
Speaker: DE LA GARZA (democrat)
Chamber: H

Mr. Chairman. very briefly. first let me say that the gentleman from New York (Mr. FisH) knows that this has not been brought up Just because there was a Supreme Court decision. The gentleman from Texas has been working on this problem long before that. The Supreme Court decision has compounded the issue. Second. let me say to the distinguished gentleman from- Kentucky
Date: 1983-09-13
Speaker: DE LA GARZA (democrat)
Chamber: H

I appreciate my friend yielding. I just want to clarify the issue as I stated before. that this problem had arisen In many areas of the United States. not necessarily In Texas. and I had Introduced. legislation to this effect before the court decision In Texas and eventually the Supreme Court decision with relation to Illegal aliens and the Impact In our district was before this legislation. I would like to inform the gentleman that I Introduced legislation and the. Education and Labor Comm~ittee has had hearings on my legislation. It has been documented and every possibility has been explored. The problem has been that there has been no elementary. secondary education bill within that timeframe. .This Is the first vehicle that we have had available to us to bring this legislation. But It Is not like we just came up today with an amendment that has not been studied and no hearings have been had.