BANKING, HOUSING AND URBAN AFFAIRS.
UNITED STATES SENATE

NINETY-SECOND CONGRESS

SECOND SESSION

ON

S. 1015, S. 1699, S. 3001, and S. 3215

BILLS TO ESTABLISH A FEDERAL FINANCING BANK, TO
PROVIDE FOR COORDINATED AND MORE EFFICIENT FI-
NANCING OF FEDERAL AND FEDERALLY ASSISTED BOR-
ROWINGS FROM THE PUBLIC, AND FOR OTHER PURPOSES

COMMITTEE ON BANKING, HOUSING AND URBAN AFFAIRS

JOHN SPARKMAN, Alabama, Chairman

DUDLEY L. O'NEAL, JR., Staff Director and General Counsel
MICHAEL E. BURNS, Minority Counsel

(II)

Paul A. Volcker, Under Secretary for Monetary Affairs, Department of the

Treasury; accompanied by: Edward P. Snyder, Director, Office of Debt

Analysis

WEDNESDAY, MAY 17

William E. Simon, partner of Salomon Brothers, and chairman of the

Public Finance Division of the Securities Industry Association; accom-

panied by: John F. Fogarty of Stern Brothers, Kansas City; Thomas W.

Masterson of Underwood, Neuhaus, Houston, Tex.; Wallace O. Sellers

of Merrill Lynch, Pierce, Fenner & Smith, Inc.; Harold W. Clark of

Cherokee Securities, Nashville, Tenn.; George L. Partlow of Hilliard,

W. L. Lyons & Co., Louisville, Ky.; Edward D. McGrew, Northern Trust

Co., Chicago; and John E. Petersen, Director of Public Finance for the

Securities Industry Association___

Daniel B. Goldberg, counsel, Municipal Finance Officers Association.......

THURSDAY, MAY 18

Warren G. Magnuson, U.S. Senator from the State of Washington....

Frank P. Smeal, executive vice president and treasurer, Morgan Guaranty

Trust Co. of New York.

Frank E. Morris, president, Federal Reserve Bank of Boston; accompanied

by Peter Fortune, economist____

Benjamin F. Bailar, Senior Assistant Postmaster General, Postal Service;

accompanied by: Richard F. Gould, Assistant Postmaster General,

Finance Department; Roger P. Craig, Deputy General Counsel; and

James W. Hargrove, consultant__.

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Harvey Galper, economist, senior research staff, Urban Institute___

Peter B. Harkins, executive director, Maryland Municipal League; repre-

senting National League of Cities and National Conference of Mayors__

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