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TRADE REFORM

WEDNESDAY, MAY 9, 1973

HOUSE OF REPRESENTATIVES,
COMMITTEE ON WAYS AND MEANS,

Washington, D.C.

The committee met at 10 a.m., pursuant to notice, in the committee room, Longworth House Office Building, Hon. Wilbur D. Mills (chairman of the committee) presiding.

The CHAIRMAN. The committee will please be in order.

Today we begin public hearings on the subject of foreign trade. We have before us the administration proposal, which is in bill form, as well as a number of other proposals which have been referred to the Ways and Means Committee.

Without objection, the press releases of April 10 and 17, announcing the hearing will be included in the record at this point. Is there any objection?

None is heard.

[The documents referred to follow:]

[Committee on Ways and Means-Press Release No. 4, April 10, 1978] CHAIRMAN WILBUR D. MILLS (D., ARK.), COMMITTEE ON WAYS AND MEANS, U.S. HOUSE OF REPRESENTATIVES, ANNOUNCES PUBLIC HEARINGS TO BEGIN ON MONDAY, MAY 7, 1973, ON ADMINISTRATION PROPOSALS RELATING TO FOREIGN TRADE AND TARIFF AND ON ALL OTHER PROPOSALS PENDING BEFORE COMMITTEE ON THESE SUBJECTS

Chairman Wilbur D. Mills (D., Ark.). Committee on Ways and Means U.S. House of Representatives, today announced that the Committee on Ways and Means would begin public hearings on Monday, May 7, 1973, on the Administration proposals, submitted to the Congress today, relating to foreign trade and tariff matters, and on all other legislative proposals pending before the Committee to amend the tariff and trade laws. The language of the Administration proposals ("The Trade Reform Act of 1973") as well as an analysis and summary thereof is attached to this press release. The hearings will also include the "Treasury Recommendations on Changes in the Taxation of Foreign Service Income," a copy of which is also attached to this press release.

The leadoff witnesses will be representatives of the Administration who will testify during the first several days of these public hearings and will include the Secretaries of Treasury, State, Commerce, Labor, Agriculture, Interior, Special Representative for Trade Negotiations, Executive Director of Council on International Economic Policy, and Chairman of Council of Economic Advisers. Testimony from the general public will begin on Monday, May 14, 1973.

DETAILS FOR SUBMISSION BY INTERESTED PUBLIC OF REQUESTS TO BE HEARD

Cutoff Date for Requests to be Heard.-Requests to be heard must be submitted by no later than the close of business Friday, April 27, 1973. All requests should be submitted to:

John M. Martin, Jr.

Chief Counsel

Committee on Ways and Means

1102 Longworth House Office Bldg.
Washington, D.C. 20515

Telephone: (202) 225-3625

Notification will be made as promptly as possible after this cutoff date as to when witnesses have been scheduled to appear. Once the witness has been advised of his date of appearance, it is not possible for this date to be changed. If a witness finds that he cannot appear on that day, he may wish to either substitute another spokesman in his stead or file a written statement for the record of the hearing in lieu of a personal appearance, because under no circumstance will the date of an appearance be changed.

Coordination of Testimony.-In view of the overall heavy legislative schedule of the Committee for this session of the Congress and thus the limited amount of time that can be set aside by the Committee in which to complete this hearing, it is requested and it is most important that all persons and organizations with the same general interest designate one spokesman to represent them so as to conserve the time of the Committee and the other witnesses, prevent repetition and assure that all aspects of the subjects being discussed at these hearings can be given appropriate attention.

The Committee will be pleased to receive from any interested organization or person a written statement for consideration for inclusion in the printed record of the hearing in lieu of a personal appearance. These statements will be given the same full consideration as though the statements had been presented in person.

Allocation of Time of Witnesses.-Because of the heavy legislative schedule of the Committee, which will limit the total time available to the Committee in which to conduct these hearings, and to assure fairness to all witnesses and all points of view, it will be necessary to allocate time to witnesses for the presentation of their own direct oral testimony. If the witness wishes to present a long and and detailed statement to the Committee, it will be necessary for him to confine his oral presentation to a summary of his views while submitting a detailed written statement for the Committee members' consideration and review. Such additional written statements will be included in the record of these hearings. Contents of Requests to be Heard.—The request to be heard must contain the following information, otherwise delay may result in the proper processing of a request:

(1) the name, full address and capacity in which the witness will appear; (2) the list of persons or organizations the witness represents and in the case of associations and organizations their address or addresses, their total membership and where possible a membership list;

(3) if a witness wishes to make a statement on his own behalf, he must still nevertheless indicate whether he has any specific clients who have an interest in the subject, or in the alternative, he must indicate that he does not represent any clients having an interest in the subject he will be discussing;

(4) the amount of time the witness desires in which to present his own direct oral testimony (answers to questions of Committee members are, of course, not to be included in the time the witness may request);

(5) if the witness is testifying on any specific proposal or proposals, an indication of whether or not he is supporting or opposing such proposal or proposals; and

(6) a topical outline or summary of the comments and recommendations which the witness proposes to make.

Submission of Prepared Written Statements by Witnesses Making Personal Appearances.-With respect to oral testimony, the rules of the Committee require that prepared statements be submitted to the Committee office no later than 48 hours prior to the scheduled appearance of the witness. Seventy-five (75) copies

of the written statements would be required in this instance; an additional seventy-five (75) may be submitted for distribution to the press and the interested public on the witness' date of appearance.

Submission of Written Statements for the Printed Record instead of Appearing in Person.-Any interested organization or person may submit a written statement in lieu of a personal appearance for consideration for inclusion in the printed record of these hearings. Such statements should be submitted by a date to be specified later, in triplicate. In any event, such written statements will be accepted by the Committee during the entire course of these hearings. An additional seventy-five (75) copies of written statements for the printed record will be accepted for distribution to the press and the interested public if submitted before the final day of the public hearings.

Format of All Written Statements.—It is very important that all prepared statements contain a summary of the testimony and recommendations and that throughout the statement itself pertinent subject headings be used.

Re-submission of Requests to be Heard Where Request Already Made.—If a prospective witness has already submitted a request to be heard on any of the subjects covered by this hearing, it is now at this time necessary to re-submit request if the individual or organization is still interested in appearing in person, furnishing the above information and otherwise conforming to the rules set forth for conducting these hearings.

[Committee on Ways and Means, Press Release No. 6, April 17, 1973]

CHAIRMAN WILBUR D. MILLS (D., ARK.), COMMITTEE ON WAYS AND MEANS, U.S. HOUSE OF REPRESENTATIVES, ANNOUNCES THAT ADMINISTRATION TESTIMONY ON THE PRESIDENT'S TRADE PROPOSALS WILL BEGIN ON MAY 9 INSTEAD of May 7 as PREVIOUSLY SCHEDULED

Chairman Wilbur D. Mills (D., Ark.), Committee on Ways and Means, U.S. House of Representatives, today announced that the testimony of Administration witnesses on the President's trade proposals would begin on the morning of Wednesday, May 9, instead of Monday, May 7, as previously scheduled.

The Chairman stated that the change in plans resulted from the request of Secretary of the Treasury, the Honorable George P. Shultz, in order that Secretary Shultz might attend the meeting of the Inter-American Development Bank at Kingston, Jamaica, which will be held on May 7 through May 9. The Secretary was anxious to attend the meeting because the Finance Ministers of most of the South American countries will be in attendance. Therefore, since Secretary Shultz is to be the first witness on the President's trade proposals, the public hearings before the Committee on Ways and Means will begin on the morning of Wednesday, May 9, instead of Monday, May 7.

The CHAIRMAN. Also without objection, a copy of the administration bill, along with the President's message and the explanation of the bill, H.R. 6767, as introduced, will be included in the record at this point. Is there objection?

None is heard.

[The documents referred to follow:]

93D CONGRESS 1ST SESSION

H. R. 6767

IN THE HOUSE OF REPRESENTATIVES

APRIL 10, 1973

Mr. MILLS of Arkansas (for himself, Mr. SCHNEEBELI, Mr. CONABLE, Mr. CHAMBERLAIN, Mr. CLANCY, Mr. BROTZMAN, Mr. PETTIS, and Mr. DUNCAN) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To promote the development of an open, nondiscriminatory, and fair world economic system, to stimulate the economic growth of the United States, and to provide the President with additional negotiating authority therefor, and for other purposes.

1

Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled,

3 That this Act, with the following table of contents, may be

4 cited as the "Trade Reform Act of 1973".

I

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