310 CONGRESSIONAL RECORD- HOUSE January 12 SENATE RESOLUTION 223 The SPEAKER: llr there objection HOUSE OF REPRESENTATIVES Resolved, That the Senate has heard with to -the request of -the gentleman fro~ profound sorrow the announcement of the New York? . TUESDAY, JANUARY 12, 1~60 death of the .Honorable Alvin R. Bush, late -There was no objection. . a Representative from the State of Pennsyl~ The House met at 12 o'clock noon. yania. " . Mr. CELLER. Mr. Speaker, the Presi The Chaplain, Rev. Bernard BrasK:amp, Resolved, That the Secretary communicate dent· in -his state of the Union message D.D., 1>:ffered the following prayer: these resolutions to the House of Represent recommen.ded that this House ·accept a atives and transmit a copy thereof to the civil rights bill. · Matthew 1: 37: For with God nothing family of the deceased. The Speaker and the majority leader shall be impossible. Resolved, That, as a further mark of re commendably have made statements to Most merciful and gracious God, spect to the memory of the deceased, the Sen. the effect that Members might well sign grant unto us more of inner strength and · ate, at the conclusion of its business today, the discharge petition so that the House peace that we may meet the challenges adjourn until Wednesday next. can work its will on this bill despite the of our day with untroubled hearts. intransigence of certain members of the We penitently confess that we have SENATE RESOLUTION 224 Rules Committee. failed Thee so often even when Thou Resolved, That the Sel:late has heard with I think Members on both sides of the hast given us a clear vision and com profound sorrow the announcement of the death of the Honorable Charles A. Boyle, late aisle should come forward and be mand as to what Thou art calling us to a Representative from the State of Illinois. counted. The Nation is alert. The be and do. Resolved, That the Secretary communi voters are watching. Failure to sign Show us how we may dispel the con cate these resolutions to the House of Repre may be detrimental to some and fatal to fusion and chaos of these perilous times sentatives and transmit a copy thereof to others, if the bill cannot be considered in which mankind is groping. tJ,le family of the deceased. by the House. Gird and empower us by Thy holy Resolved, That, as a further mark of re Mr. Speaker, I therefore urge that spirit that we may help to direct the spect to the memory of the deceased, the Sen M;embers sign this petition. wills of men in the ways of truth and ate, at the conclusion of its business today, righteousness. adjourn until Wednesday next. Reveal unto us the wonder and glory SAM HUFF: COAL ATHLETE OF THE of that eternal kingdom which Thou PANAMA CANAL: POTENTIAL VIC YEAR art seeking to establish upon this earth TIM OF SUBVERSIVE FORCES tbrough Jesus Christ our Lord. Amen. Mr. MOORE. Mr. Speaker, I ask Mr. WALTER. Mr. Speaker, I ask unanimous consent to address the House unanimous consent to address the House for 1 minute a;nd to revise and extend THE JOURNAL for 1 minute. my remarks. The Journal of the proceedings of yes The SPEAKER. Is there objection The SPEAKER. Is there objection terday was read and approved. to the request of the gentleman from to the request of the gentleman from Pennsylvania? West Virginia? There was no objection. There was no objection:. MESSAGE FROM THE PRESIDENT Mr. WALTER. Mr. Speaker, for many Mr. MOORE. Mr. Speaker, recently months the people of the United States the National Coal Policy Conference A message in writing from the Presi have watched with growing concern the honored one of West Virginia's favorite dent of the United States was communi rising Red tide in the Caribbean immedi sons, Robert Lee "Sam" Hu:ff, by naming cated to the House· by Mr. Ratchford, ately to the south of us, which is now him "coal's athlete of the year." The one of his secretaries. converging toward the Panama Canal award presentation was made by Mr. Jo and aimed at wresting its control from seph E. Moody, conference president, in a ceremony at the small coal-mining MESSAGE FROM THE SENATE the United States. Tomorrow, under a previous order of community of Farmington, W.Va., which A message from the Senate by Mr. Mc the House, our distinguished colleague I have the honor to represent in the Gown, one of its clerks, announced that from my own State of Pennsylvania [Mr. Congress. · the Senate had passed the following FLoOD] will address this body on the most I would like to call attention to this resolutions: timely and gravely important subject of ceremony because it serves to dramatize . SENATE RESOLUTION 219 the Panama Canal as the key target of one of the unique contributions made by ResolVed, That the Senate has heard with what now amounts to a fourth front. the coal industry to the national scene, profound sorrow the announcement of the .A!3 you know, he has made extensive specifically, to the world of sports. death of the Honorable Richard M. Simpson, studies of isthmian problems, especially .A!3 sports fans everywhere know, Sam late a Representative from the State of Penn Hu:ff is an outstanding defensive star for sylvania. those of diplomatic and juridical char acter. I am sure that his address will be the New York Giants of the National Resolved, That a committee of two Sen Football League. .A!3 a college student, ators be appointed by the Vice President to highly informative, definitely construc join the committee appointed on the part of tive, and delivered in his usual brilliant he was an all-American lineman at West the House of Representatives to attend the form. Virginia University. By championship tuneral of the deceased. The tragic attempts of Panamanian performance on the athletic field and by Resolved, That the Secretary communicate exemplary conduct in private life, this these resolutions to the House of Repre mobs on November 3 and 28, 1959, to in young West Virginian has become a sentatives and. transmit a copy thereof to vade the Canal Zone, incidents that bear source of pride to his State and to the· the family of the deceased. the stamp of the Red pattern, have made coal community where he was born and Resolved, That, as a further mark of re the Panama ·canal a topic of worldwide raised. spect to the memory of the deceased, the interest, and a potential victim of sub Senate, at the conclusion of its business to versive forces. Thus, it is of the utmost But Sam Huff, whose father and day, adjourn until WednesdaY. next. brother are bituminous coal miners, is importance that the Congress, which is merely one of many championship com the ultimate authority for the determi SENATE RESOLUTION 222 nation of policies relative to the Panama petitors from the Nation's coal region's Resolved, That the Senate has heard with young men who have over the years ex profound sorrow the announcement of the Canal and interoceanic canals, generally celled in athletics. It is said that our death of the Honorable Steven V. Carter, should be fully informed on all the coal-producing areas produce, in addi late a Representative from the State of Iowa. weighty problems connected therewith. tion to our No. 1 energy source, the Resolved, That the Secretary communicate finest athletes in the world. To support these resolutions to the House of Represent this statement, the National Coal Policy atives and transmit a copy thereof to the CIVIL RIGHTS PETITION family of the deceased. Conference has also drawn up a profes Resolved, That, u a further mark of "e Mr. CELLER. Mr. Speaker, I ask sional football team composed solely of spect to the memory rof the deceased, the uo.animous consent to address the House players from coal regions. Senate, at the conclusion of its business for ~ minute and to revise and extend This mythical "all-coal-all-pro" team today, adjourn until Wednesday next. my remarks: includes 13 Pennsylvanians, 4 West Vir- 1960 CONGRESSIONAL ·RECORD- HOUSE 311 ginians, and 1 member each from Ohio Mr. CELLER. I would accept the Mr. LIBONATI. Mr. Speaker, the and Illinois. In addition to Sam Huff, amendment. passing of Frank Smith, wartime corre the team lists eight other champion per Mr. HOFFMAN of Michigan. Has the spondent and reporter for the Chicago formers from coal areas who will par gentleman any idea whether his accept Sun-Times, was a shock to his many ticipate in the all-professional game at ance would be helpful to me? friends and admirers. He was loved by Los Angeles this weekend. They are Mr. CEILER. I do not know about all who knew him. His work among the Gino Marchetti, Smithers, W. Va.; Lou that. If the gentleman will sign the veteran organizations endeared him to Groza, Martins Ferry, Ohio; Jesse Rich petition and vote for the bill, I certainly tholisands of servicemen. ardson, Scranton, Pa.; Stan Jones, Al would be willing to do that. He was a quiet, gentle, and polite per toona, Pa.; Bill George, Waynesburg, Pa.; Mr. HOFFMAN of Michigan. I have . son who was always ready to befriend Walt Michaels, Swoyerville, Pa.; Jim done many things that I have regretted; the unfortunate. He disliked to write ill Schrader, Carnegie, Pa.; and John maybe I will, but ·I cannot promise. of anyone. Yet his reputation for truth Unitas, Pittsburgh, Pa. Mr. McCORMACK. Mr. Speaker, will in his news articles was a trademark. And in addition to these athletes, the the gentleman yield? As a war correspondent he parachuted all-coal team includes 10 other outstand Mr. HOFFMAN of Michigan. I yield . with the troops and wrote vividly of the ing players from coal areas, 2 of them, to the gentleman. action on the scene. He was a fearless Bruce Bosley, from Green Bank, and Mr. McCORMACK. On the question and courageous individual. No war hero Madison Nutter, from Huntington, com the gentleman raised concerning senior deserved greater acclaim. ing out of my own State of West ity within his own party, whatever his We will miss his timely advice and Virginia. party agrees upon in that regard, we sincere interest in our affairs. The po- As a representative of a coal-mining Democrats will protect his civil rights. . litical fraternity has suffered a great loss area, I would like to venture an opinion Mr. HOFFMAN of Michigan. When and the veterans a true friend. He was as to why young men such as Sam Huff they have kicked me around, the Speaker a great patriot and an honest American. excel in their athletic endeavors. I be has protected me when he could. It is To his dear family we send our heartfelt lieve that he, for one, has learned from my understanding that as a rule he goes sympathy and condolences. In times of the example of his coal-mining father along with the recommendation of the sadness we seek the solace of prayers. the benefits of perseverance, a high de leadership on my side. May God rest his soul. gree of skill, devotion to duty, and pride Mr. McCORMACK. The gentleman Mr. O'BRIEN of Illinois. Mr. Speaker, in doing the best of all possible jobs. noticed what I said; whatever his party I was deeply grieved to learn of the death These are the essential characteristics of decides, we Democrats will protect his of Frank Smith, and to his widow and a champion athlete, and they are also civil rights. children I extend my sympathy in their the attributes of America's coal miners. Mr. HOFFMAN of Michigan. I heard great loss. During the war Frank To be sure, they are the very qualities the gentleman the first time. But cannot Smith's dispatches from the battlefronts which give life to the American system. understand just why my civil rights were widely read in my district, and Mr. Speaker, I congratulate Sam Hufi should be denied by one or two ambitious throughout Chicago, especially because for this latest distinction and commend Republicans. of the many references in them to the the National Coal Policy Conference for The SPEAKER. The time of the gen GI's in the ranks. He was a fine man giving recognition to the fundamental tleman from Michigan [Mr. HoFFMAN] and had a host of friends. human contribution which makes the has expired. Mr. MURPHY. I join with my col American coal industry the gr~atest in leagues in expression of grief and in the world. tribute to the memory of Frank Smith. THE LATE FRANK SMITH He was my friend for many years, going Mr. O'HARA of Dlinois. Mr. Speaker, back to the time when he was a football · DISCHARGE PETITION ON CIVIL I ask unanimous consent to address the star at Loyola and Northwestern. As a RIGHTS House for 1 minute. war. correspondent he covered the fox . Mr. HOFFMAN of Michigaa ·Mr. The SPEAKER. Is there objection holes, as well as the posts of high com Speaker, I ask unanimous consent to to the request of the gentleman from mand, and his dispatches were always address the House for 1 minute and to Dlinois? filled with personal items about GI's revise and extend my remarks. There was no objection. from our city whom he had mingled with The SPEAKER. Is there objection Mr. O'HARA of Dlinois. Mr. Speaker, on the battlefronts. In recent years he to the request of the gentleman from I was shocked when I picked up the Chi had covered the county building in Chi Michigan? cago Sun-Times of Monday to learn of cago. He was a great journalist and, the passing of Frank Smith, a noted war above all, a fine lovable human being. There was no objection. correspondent, one of the finest journal My ·deep. sympathy goes to his widow Mr. HOFFMAN of Michigan. First I ists Chicago ever produced and one of and children. want to thank the majority leader, the the sweetest personalities I have ever Mr. PUCINSKI. Mr. Speaker, I wish gentleman from Massachusetts [Mr. known. to associate myself with the remarks of McCoRMACK], for his kindly considera He was 56, and his death from a heart the gentleman from Illlinois; Congress tion in giving us time to sign the petition ailment was sudden. I had been with man O'HARA. to bring to the :floor the bill on civil him and Alvin Rose, onetime city editor The death of Frank Smith was indeed rights. I do not know just what·that is. of the Sun-Times, now head of the Pub a great loss to the entire journalistic Will the chairman of the Committee lic Housing Administration in Chicago, fraternity of America. In my 20 years on the Judiciary explain whether that at the Chicago Press Vet's banquet in as a writer and reporter in Chicago, bill, if it is enacted, will pro.tect my November, and he seemed in the pink of seldom have I met a man who was more seniority rights on the Republican side health. His unexpected passing is a . dedicated to the highest traditions of to appointment on committees; or does keen personal blow to me, a great loss American journalism than Frank Smith. it fail to go that far? to the fourth estate, to which he was Frank Smith was uncompromising in ·Mr. CELLER. In general it protects such a credit, to the city of Chicago, and his determination to bring his readers a. the rights of everybody. . I do not know to our country. My heartfelt sympathy clear picture of the community in which if it goes as far as that. they lived: its shortcomings and its at Mr. HOFFMAN of Michigan. The goes to his widow and his children. Mr. Speaker, I ask unanimous consent tributes; its problems and the best form rights of Congressmen-minority Mem- ula for their solution. bers? . that I may revise and extend my remarks and that any Members desiring to do He was a newspaperman's newspaper Mr. CELLER. The political and eco man-the sort of reporter that the entire nomic rights of everybody; and if the so may extend their remarks on this profession respected. gentleman will offer an amendment to subject at this point in the RECORD. I recall how before the war Frank protect rights of seniority, I would not ·The SPEAKER. Is there objection to Smith pioneered in the field of exposing offer any objection. · the request of the gentleman from deplot·able conditions which existed in Mr. HOFFMAN of Michigan-. Will the Dlinois? the Nation's mental ·institutions. The gentleman accept that amendment? · There was no objection. people of Chicago to this day remember 312 CONGRESSIONAL RECORD- HOUSE January 12 his penetrating series entitled ''Seven distinguished Member: of the other body, than would otherwise have occurred. As Days in a Madhouse," when Mr. Smith thoughtfully arranged yesterday for a a result, short-term Treasury borrowing infiltrated the State hospital at Kanka special Capitol Hill showing of Stanley eosts have risen to the highest levels in kee, Ill., and spent 7 days posing as anin Kramer's "On the Beach," a movie that sev.eral decades and the ability of debt mate to bring his readers the grim story purports to show how mankind suc management to operate in a manner of how inmates were treated and the cumbs to atomic annihilation not with a consistent with sound principles of sus archaic, inhuman methods that were bang but a whimper. tained economic growth has been seri being used at that time to treat the men Some may carp about terrestrial ously undermined. tally ill. It was his devastating series winds, rate of fallout, dissipation of ra · I deem it imperative, therefore, that that started the first reform movement diation, and lack of obvious protective this restrictive ceiling be removed. I am in Illinois to improve the treatment of measures, but none can deny the pic asking the Secretary of the Treasury to the mentally ill in State institutions. ture's basic factual premise, namely, transmit to the -congress proposed legis During the war, Fran!{ Smith was one mankind now possesses, primed, cocked, lation designed to ·attain this objective. of the great American war correspond and pointed weapons that can destroy DWIGHT D. EISENHOWER. ents who insisted that in order to write most, if not all, of mankind. THE WHI'TE HOUSE, January 12, 1960. about the great tragedies, privations, ''There is still time, brother," was the and hardships .of armed conflict, a re message emblazoned on the banner over porter must himself participate in that an outdoor religious meeting of a THE DANGER OF INFLATION conflict. It is no surprise, then, that doomed city. Crowds were shown in The SPEAKER. Under previous or Frank Smith joined thousands of other ever smaller numbers and, finally, a com der of the House, the gentleman from young Americans in the first paratroop pletely deserted scene, with papers blow Michigan [Mr. HoFFMAN] is recognized invasion of the Pacific. Although much ing and the banner flapping forlornly. for 10 minutes. older than the physically fit young men Is there still time, brother? While Mr. HOFFMAN of Michigan. Mr. of the paratroop division, Frank Smith· there is life, salvation through religion Speaker, in view of the settlement of made the same jump in a parachute as is always possible. But is there time to the steel strike, of course we cannot criti the combat soldiers, and for this daring change the direction of events from cer cize anyone yet because we do not know act, he had been singled out not only by tain disaster for the human race? up to date: who is entitled to credit for the journalism profession, but also by These are questions properly put to the settlement, but the question that oc military agencies throughout the world. Members of Congress, many of whom at curred to me was, Are we really bright Mr. Smith had the unique facility for tended the showing of "On· the Beach" or even smart when we approve of a bringing home to thousands of Chica yesterday in the new Senate Office Build course of action which will cut the value g-oans a vivid picture of what their sons ing. They are the· ones to decide of our savings, in fact of anythL11g we were enduring during the Pacific cam whether the Humphrey resolution re have, as we will be doing if the companies paign. Upon his return to the Chicago pealing the Connally 1•eservation will be increase the price of their product? Times after the war as veterans editor, passed, whether the Clark resolution for And we settle other strikes on the same Frank Smith's name became legion United Nations Charter review will be basis. We have been told that the among tens of thousands of reading passed, whether· we will use our consid companies will not increase the price of veterans who had marveled at his cour erable powers on behaif of nuclear test their merchandise. On that I could not age during the war. cessation, controlled disarmam~nt, and express a worthwhile opinion because I In the most recent years, Frank Smith a world under law. have no information as to just how they had been assigned to cover the county There is time, brother, but not much. are going to sell their product without building in Chicago, and men in public reducing theii' dividends, which of course office from both parties have always ex DISPENSING WITH CALENDAR th~ stockholders do not want, or cutting tolled Frank Smith's fair, honest, and the salaries of the officials of the corpo objective reporting. WED~ESDAY rations involved while increasing wages. I worked with Mr. Smith for 20 years. Mr. 1\{cCORMACK. . Mr. Speaker, I It is not at all likely company officials I can personally testify to the fact that ask unanimous consent that Calendar would take a voluntary cut in their com he has symbolized the very essence of Wednesday of this ·week be dispensed pensation or fringe benefits, if they have American journal1sm. .His deep devotion with. any, or in their vacations. to honest and fair .reporting has been . The SPEAKER. Is there objection to Certainly we know that if things go an inspiration to .reporters and writers the request of the gentleman from Mas-· on in-a normal way workers throughout who have joined the ranks of Chicago sachusetts? the country intend to ask for an in journalism during that period. . There was no objection. crease in pay. As a matter of fact, it 1s The Chicago Sun-Times, his longtime fair to assume that Federal employees employer., has suffered an irreparable will get an increase in compensation. ·RA'TES TREASURY loss in the death of Frank Smith. Ta INTEREST ·ON Then we note, too, that other organ his wife and to his children, may I add ISSUES-MESSAGE- FROM . THE izations want more. I do not know my own deepest sympathy and express PRESIDENT ·OF THE UNITED whether· the farmer~ want more or not, my sincere desire that he may rest i,n STATES ·The full tcommittee reported the legis- tee, .a meet~g w.as held 1n eKecuti:ve / 316 CONGRESSIONAL RECORD- HOUSE January 12 Army. on the isthmus 1f there were other man from California· [Mr. ROOSEVELT] The present ceiling in the Longshore than exclusive jurisdiction? may extend his remarks at this point in Act, which was set in 1956, is $54 weekly. To all such questions an opposite view the RECORD and include · extraneous This is far too low in relation to actual is absolutely incomprehensible. matter. wage levels prevailing in most trades cov In view of the vital need for clarifica The SPEAKER. Is there objection ered by ·the act. For example, figures tion of the Congress, position on Panama to the request of the gentleman from made available on earnings of longshore Canal Zone sovereignty, I have intro Massachusetts? men in the New York area show that duced the following concurrent resolu There was no objection. over 50 percent of the men are earning tion: Mr. ROOSEVELT. Mr. Speaker, I am on an annual basis more than $81 weekly, HOUSE CONCURRENT RESOLUTION 450 today introducing legislation· to brine the figure used for the present $54 bene Resolution expressing the sense and judg the weekly benefits provided under the fit. On the West Coast, according to ment of the Congress with respect to Canal Longshoremen's and Harbor Workers' available information, better than .70 Zone sovereignty Compensation Act into line with the percent of longshoremen are making Whereas the United States, under the Hay basic purposes of this law. Early intro earnings which figure out to a weekly Buanau-Varilla Treaty of 1903 with Panama, duction of this measure will permit, I average above $81. Ship workers · and acquired complete and exclusive sovereignty believe, sufficient time for committee similar crafts with wage levels close to over the Canal Zone in perpetuity for con study. I am hopeful that those who longshoremen are likewise in a position struction of the Panama Canal and its per agree with the intent and purpose of where most are unable to obtain a full petual maintenance, operation, sanitation, and protection; and this proposal will introduce similar leg benefit. In short, the present dollar Whereas all jurisdiction of the Republic islation, and, indeed, I am hopeful that ceiling shortchanges the majority of of Panama over the Canal Zone ceased· on those who do not agree will find an op covered employees when they are dis exchange of ratifications of the 1903 treaty portunity to discuss this matter with me. abled. on February 26,1904; and The brief explanation that follows will To correct this inequity now applying Whereas since that time the United States show the need for this measure and to benefits under the Longshore Act, I has continuously ex.ercised !i!XClusive sov establish clearly why Congress should act am proposing that the same dollar ceil ereignty and control over the Canal Zone and Panama Canal; and favorably on it. ing used in the Federal Employees' Com Whereas where responsibility is imposed The Lopgshoremen's and Harbor pensation Act be incorporated in the there must be given for its effectuation ade Workers' Compensation Act covers some longshore statute. This ceiling, which quate authority; and with respect to the . 500,000 workers engaged in maritime is set at $525. monthly, was approved by Panama Canal the treaty of 1903 so pro employments. Included under its cover Congress as far back as 1949. Trans vided; and age are longshoremen or stevedores, ship lated into a weekly equivalent which Whereas the United States has fully and repairmen, ship servicemen, harbor drops the fractional part of a dollar, effectively discharged all its treaty obliga- · this ceiling is $121, which is the figure I tiona with respect to the Panama Canal and workers, and other employees engaged the only legitimate interest that Panama can in employments on the navigable waters am using in my bill. Such a maximum have in the sovereignty of the Canal Zone is of the United States, but not including would bring a genuine two-thirds bene one of reversionary character that can never seamen. The Longshore Act is also the fit to over 90 percent of the workers become operative unless the United St~tes basic compensation act for employees covered by the Longshore Act. should abandon the canal enterprise; and privately employed in the District of At this point, it is important to under Whereas the policy of the United States Columbia and for employees of contrac- stand that establishment of the ceiling since President Hayes' message to the Con I am proposing does not mean that gress on March 8, 1880, has been for an in , tors holding contracts with the Govern teroceanic canal "under American control," ment whose operations take place out covered employees will receive that much that is to say, under the control of the side continental United States. in weekly benefits. They will only be United States; and The Longshoremen's and Harbor eligible for two.:thirds of their actual Whereas the grant by Panama to the Workers' Act is the only Federal com average weekly earnings, up to a maxi United States of exclusive sovereignty over pensation statute applying to workers in mum of $121 weekly. · Workers in the the Canal Zone for the aforesaid purposes private industry. The other Federal low brackets, as are many in maritime was an absolute, indispen!)able condition and in the District of Columbia, will get precedent to the great task undertaken by statute in this field, the Federal Em ... the United States in the construction and ployees' Compensation Act, embraces benefits equivalent to two-thirds of their perpetual maintenance, operation, sanita Government employees. weekly. pay. My proposal will not mean tion, and protection of the Panama Canal, The main purpose· of my bill is to any windfall, but only what is proper for the benefit of the entire world: Now, reconcile the maximum weekly benefit under the two-thirds formula. therefore, be it allowable under the Longshore Act for The basic policy on which my amend Resolved by the House of. Representatives disability with the established principle ment is based was clearly stated in the (the Senate concurring) : report of the House Committee on Edu (1) That the United States, under treaty that benefits should equal two-thirds of provisions, constitutionally acquired, and average weekly earnings. This prin cation and Labor when it sponsored the holds, in perpetuity, exclusive sovereignty ciple was basic to the establishment of 1949 amendments to the Federal Em... and control over the Canal Zone for the con compensation insurance throughout the ployees' Compensation Act. The report struction of the Panama Canal and its per country. It is clearly enunciated not said this: petual maintenance, operation, sanitation, only in most State laws, but also in many Any fiat monthly maximum, the effect of and protection; and provisions of the Longshoremen's and which inevitably in some cases prevents the (2) That there can be no just claim by the Harbor Workers' Compensation Act. employee from receiving a fair proportion of Republic of Panama for the exercise of any Unfortunately, the original intent of his wage loss in total and partial disability sovereignty of whatever character over the cases, is, by its very nature, unrealistic and Canal Zone so long as the United States dis compensation insurance has been seri inequitable. charges its duties and obligations with re ously undermined by the inclusion in spect to the canal; and most of these laws of a dollar ceiling on With that policy I thoroughly agree, (3) That the formal display of any official weekly benefits. In the early years of and I am sure every forward thinking ftag over the Canal Zone other than that compensation insurance, such ceilings leader in the field of social insurance of the United States 1s violative of law, did not present a critical problem, since shares a similar belief. It is now only treaty, international usage, and the historic just and fair that Congress should apply canal policy of the United States as fully up · the average ceiling was generally above held by its highest courts and administrative the amount necessary to provide a benefit that policy to the Longshoremen's and otllcials; and would lead to confusion and of two-thirds of weekly earnings. Thus, Harbor Workers' Act by revising its pres chaos In the administration of the Panama when the Longshoremen's and Harbor ent unrealistic and inequitable ceiling. Canal enterprise. Workers' Act was passed in 1927, the $25 This action aside from providing mari ceiling compared with average earnings time .employees with what they are en HIGHER BENEFITS of less than $30 weekly, so that the over titled to under the law, has a larger sig UNDER THE whelming majority of affected employees nificance. Traditionally, the Long LONGSHOREMEN'S COMPENSA· got what the act intended. Today, how shoremen's and Harbor Workers' Aet, TION ACT . ever, the dollar ceilings in the Longshore like other Federal welfare legislation, Mr. McCORMACK. Mr. Speaker, I Act as well as in most State laws de has served as an example for State com ask unanimous consent that the gentle- prive workers of their proper benefits. pensation laws. The 1956 increase in 196.0 CONGRESSIONAL RECORD- HOUSE 317 the Longshore Act benefits subsequently One of the basic problems has been each broadcast day to public service pro brought improvements in most local the failure of the broadcasting industry grams, of which not less than 1 hour per statutes. Just this last year, some 29 itself, and of the Federal Communica day must occur between 7 p.m. and 10 State legislatures, according to the De- tions Commission which oversees its op p.m., the prime evening hours. partment of Labor, increased weekly . erations, to accept fully the fact that a - ~Ec.ll. Section 310(b) of the Communi· feature· article by one Paul Heffernan extracted a 10-percent interest rate from cations Act of 1934, as amended, 1s amended which states in highly attractive ·tones the community. His epitaph reads: by substituting a semicolon in lieu of the final period thereof, and by adding the fol what the price of these securities will be, Here lies old ''Ten Percent." lowing: "Provided, That where a person in a after the moneylenders have submitted The more he made, the less he spent; higher priority classification under the their bids, and the Treasury has decided The more he got, the less he lent. priority categories established in Section which bids it will accept. And, of course, He's gone, we don't know where he went; 309 (a) ( 1) 1s willing to make an offer as this article follows the custom of the day But if to heaven his soul has went, advantageous a.s that of the proposed trans and blames the whole matter on Con He'll own the place and charge them rent. feree or assignee, the transfer to the pro• gress, refusal to lift the 4%-percent And, of course, there have been other posed transferee or assignee shall nqt be ceiling on long-term issues. · approved." famous bankers who have extracted even SEc.12. Section 409(c) of the Communi~ If the rate on these 1-year loans .turns greater interest rates, and our history ·cations Act of 1934, as amended, is amended out to be as predicted, it wili be even records varying experiences and episodes by adding the following additional subsec .. more fabulous than the rate the Treasury growing out of such practices. There tion: gave on the famous "magic 5s" which was, for example, one banker out toward · " ( 4) In any proceeding, whether rulemak . it issued last September at a fixed rate North Dakota who gained local fame as Jng or adjudication, no person outside the of 5 percent. ·The "magic 5s" were a "40 percenter," and during the Green Commission shall consult except on the pub .. for a period much longer than the bills lie record, with any member of the Commis· Corn .Rebellion he was the first man to sion or its staff upon any fact or question of being issued today. · In fact, they carry be shot at. law in issue. Any Commissioner or staft a maturity date of 4 years and 10 HIGH INTEREST IS GOOD FOR YOU? member receiving a communication relating months-just short of the 5 years at to any proceeding, whether rulemaking or which time they would have·had to com ~en today if a local banker looked adjudication, shall place such communica· ply with the legal ceiling. his customers i:q the eye and told them tion (or a memorandum stating the circum he is about to jack up interest rates be MONEY MANAGERS ARE DEMANDING ONLY THE cause this will be good for them and will stances and substance of such communica BLUE SKY TO LIMIT INTEREST RATES tion if such communication was made stop inflation, I doubt that he would fool orally) in the public record." For more than a year now Congress anybody. But, of course, things have has been the target of the most vigorous become much more complicated as and concerted campaign ever waged greedy manipulations have become more TODAY THE U.S. TREASURY WILL against a Congress during my years here, remote and impersonal, originating with GIVE THE MONEYLENDERS THE all in an effort to force· repeal of an decisions in Wall Street and carried out interest rate law which has stood un with the help of a misguided Govern BIGGEST BARGAIN IN ffiSTORY: assaulted and unchallenged through WILL SELL 1-YEAR OBLIGA ment ·in Washington. Interest-rate wars, depressions, market crashes, and greed is now presented as something TIONS AT AN INTEREST RATE OF other crises which this Nation has good for the country. It is the subject 5 PERCENT OR ABOVE IN A weathered in the past 42 years. And if of a great crusade and is surrounded SQUEEZE PLAY ON CONGRESS TO there are limits to which our money with all kinds of inspiring slogans and OBTAIN REMOVAL OF THE 42- managers will not go in their determina quick, pithy little arguments thought up YEAR-OID LEGAL CEILING ON tion to rid themselves of a Woodrow by the public relations experts. INTEREST RATES; CONGRESS Wilson reform and turn the clock back The principal argument being shot at MUST ACT TO CLOSE THE LOOP to pre-World War I, those limits are not us these days today is to this effect: now visible even with the aid of long Since interest yields on long-term HOLE IN THE LAW BY MAKING distance radar. SHORT-TERM BORROWING SUB bonds--bonds to mature in 10, 20, or How high do they plan to push interest even 30 years--are considerably less than JECT TO THE INTEREST RATE rates? 5 percent, and even less than interes-t CEILING They will not say. They will give no :rates being paid on money borrowed for Mr. PATMAN. Mr. Speaker, before assurances whatever. They demand the only: 3 months, the Treasury could man the day is over the Treasury will give blue sky as their ceiling. They do not ask age the debt cheaper if only Congress the moneylenders the biggest bargain in that the legal ceiling be increased to 5 would repeal the 4%-percent rate on history. Furthermore, our money man percent, 6 percent, 10 percent, or even 20 long-term bonds. According to this agers in the Treasury, in the Federal percent. They demand that it be re charming little argument, the Treasury Reserve System, and, of course, in Wall moved. And they feel so confident that could then bon·ow money for 10-, 20-, or f)treet are so anxious that Congress and they can force Congress to yield to their 30-year periods at a lesser rate than it is the general public be aware of this bar demands, they do not even bother to paying for 1-year money, and even 3- gain that they have been advertising in promise a stratolayer which they will month money. "Shift more of the debt advance. This is part of the campaign to refuse to exceed. to long-term," we are told, "and interest make the American people believe that I have inquired of the Federal Reserve rates will come down." What nonsense. such giveaways of their money are neces authorities if they. would offer some as Is there a Member of Congress· who sary because Congress refuses to repeal surance as to what the probable maxi supposes that at a time when fertilizer the legal ceiling on interest rates at mum rate would be if the ceiling were prices have gone sky high, any sensible which the Treasury can issue long-term removed, and they have refused to farmer would enter into a contract at bonds. specify any maximum. such a price to purchase his fertilizer THE GIVEAWAY IS ADVERTISED--WITH THE BLAME Similarly, I recently asked Secretary requirements for the next 20 or 30 years? GIVEN TO CONGRESS ~nderson what assurance he might have No, I think not. Any half-bright farmer This advertising is in the form of from the Federal Reserve people, if any, would buy only his immediate require newspaper analyses, columnists' reports, as to how high they would raise the long ments at such a price. He would wait private financial letters, and so on, of term rate if the ceiling were removed. for the price to come down before making which we have been seeing a great :flood His answer, which was given in a letter a long-term contract, if ever. over the past week. All advise what the just last month, is to the effect that he Yet the administration and the big price will be of the securities which the has no assurance whatever that interest bankers are today telling us that just Treasury is putting up for auction to rates will not be raised above any speci the opposite policy is the only sound day-after the bids have been made and fied maximum if the ceiling is removed. and sensible policy for the Government to follow. We are being urged to permit, the Treasury has made its decision as EPITAPH FOR A 10-PERCENTER to the lowest price it will accept. All aid, and abet a massive refinancing of My own estimate is that our money the Federal debt from short-term issues advise that the price of the securities to managers are really shooting for 10 per to long-term issues, not just at the be sold today:-which is to be $1.5 billion cent, and I am reminded of the epitaph recordbreaking rates now prevailing, of Treasury bills maturing in 1 year.:._ which · appears on the tombstone of a but at even mQre fantastic rates which will top 5 percent, and perhaps go as· gentleman who for many years was the are not now possible under existing law. high as .5% percent. Thus the New local banker of a small town out West. Repeal the existing law, and the people York ·Times of last Sunday carried a This banker was notorious for having who have driven short-term rates up into 320 CONGRESSIONAL RECORD. .:... :.: HOUSE January 12 the stratosphere will promptly lam:ich _ So the frequent statement· that short.:. ciation to ·its members,:· giving "its in long-term rates into the ~tratosphere. term debt is "more like money," used in formed al).d expert judgment- that an IS SHORT-TERM DEBT MORE INFLATIONARY . the context in which it is being used, is other increase in. the discount rate is THAN LONG-TERM DEBT? simply another one of those unfounded coming . ... A discount rate. above. ~ per and misleading slogans. Such is the cent will signal a generaLlevel of inter Another quick, condensed, and slogan nature of the propaganda arguments est rates higher than anything we have like argument we are hearing is, of yet·seen at any time during this admin course, that issuing short-term debt is made in support of the idea that the more inflationary than issuing long Government should do what the local istration. And, of course, the present banker would not do in plain view of the rates on short-term Treasury issues are term debt. customers who support and patronize the already well above anything we have pre And why is issuing short-term debt local bank. viously seen during this administration. more inflationary than issuing lo:1g The crusaders are quite determined. term debt? CONGRESS SHOULD ENACT A CEILING ON SHORT TERM ~REST RATES They have in mind a goal which will One of the quick answers is that when mean millions, even billions, to the lucky the banks buy short-term issues, they Certainly one thing is clear: Congress should stand firm against the proposal few, but which; unfortunately, represents can take these into a Federal Reserve a raid on the pocketbooks of 99 percent bank and borrow on them-a process to saddle the Federal Government with high interest rates for the next 10, 20, of the American people. that increases the money supply. More For those Members who may have nonsense. 30 years, or longer. Assuming that Con gress is willing to go along with high overlooked the press reports I have re The member banks of the Federal Re ferred to, I will insert in the REcoan the serve. System are now holding more than interest rates for periods of up to 5 years, then I say let the present admin New York Times article of Sunday and $50 billion of Federal securities. No one the Wall Street Journal article of this of these securities is any more or less istration contract the Government to pay these high rates for periods up to morning: eligible for a Federal Rese:rve loan than "[From the New York Times, Jan. 10, 1960] any other. Furthermore, if bank bor 5 years, but no longer. But as for my rowing from the Federal Reserve banks part, I would not go even that far. Good TREASURY 0FFE;RS ITS BEST BARGAIN-BILL~ sense, I think, should lead us to dis UP FOR SALE TUESDAY ARE LIKELY To were limited only by the ban,ks' willing YIELD ABOUT 5%, PERCENT TO INVESTORS ness to borrow and their ability to pledge approve the present high rates on Federal obligations as security the entire short-term loans. (By Paul Heffernan) $50 billion of their holdings would have The duty of issuing money and regu Unless people have lost all interest in long since been pledged tu secure an ap lating the value of money is a duty of arithmetic, the 12 Federal Reserve banks Congress. It is reserved to Congress by should be flooded tomorrow and Tuesday proximately equal amount of Federal with subscription checks for the Treasury's Reserve loans. Yet the record shows the Constitution. This .is our problem. newest public offering of debt securlties that as of last week, the member banks The Congress has, of course, delegated $1,500 million of discount bills to come due had outstanding only slightly .more than these duties, under certain conditions in a year. . · $1 billion of loans from the Federal Re and limitations, to the Federal Reserve This 1-day sale is the best bargain ever serve banks. System, which is supposed to be an arm offered in Treasury securities. Because of The essential point being overlooked of the Congress. Now we sit idly by and extraordinary conditions momentarily pre in this propaganda argument is that the watch the Federal Reserve raise interest vailing in the Government securities market banks have no automatic privilege of rates greatly beyond what many of us ~he bills up for sale Tuesday are likely ~ would approve. The Federal Reserve yield to subscribers an investment return of borrowing from the Federal Reserve more than 5 percent--perhaps even more banks on Government securities nor on people have been able to do this simply than 5%, percent. anything else. The limit on stlch bor because they have found a legal loophole This is even better t}!an t_he deal investors rowing is not the amount of Federal se• in the limitations and conditions pre got last fall from a new issue of Treasury curities which the banks could pledge viously laid down by Congress. I doubt notes--the "magic 5s"-bearing 5 percent in nor the banks' willingness to borrow at that anyone thought, when the limit on terest. The 5s now are selllng above 100, the current discount rate. The limit to long-term rates was established, that with the result. that the yield to maturity such borrowing is fixed solely by Fed short-term rates could as a practical comes to about 4.8 percent. eral Reserve policy. In other words, the matter be driven and held above the . Moreover, the 5 percent notes will not be long-term rate. Nevertheless, the tech paid off until August 1964, while the dis amount of loans which the Federal Re count bills up for sale Tuesday will come due serve banks will make is predetermined nical loophole is there; the law is silent within a year. Besides, no secondary market by Federal Reserve policy, and this is en short-term rates, and, as has now been commission expense need be incurred in sub the amount of the loans the Federal Re_. demonstrated, the loophole can be ex scribing to the new issue. Most banks will serve banks make. ploited. enter subscriptions wlllingly in behalf of ARE SHORT-TER~ ISSUES "MORE LIKE MONEY"? Consequently, it seems clear to me customers. There is another quick explanation of that Congress should now amend the law The Federal Reserve System di~trict banks: to close this loophole. It should enact as fiscal agents for the Treasury, will take the slogan that issuing short-term debt a ceiling on short-term rates and thus subscriptions direct. The district banks of is "more infiationary" than issuing long the Reserve System-are in New York, Chicago, term debt. It is that short-term securi require the Federal Reserve to carry out Boston, Philadelphia, Cleveland, Richmond, ties are "more like money" than long the delegated responsibilities of Con Atlanta, St. Louis, Minneapolis, Dallas, Den .. term securities. More nonsense. gress in a way which will permit the ver, and San Francisco. True, in issuing a ·new obligation the Government to live within that ceiling. . BIDDING COMPETiTIVE Treasury may, and sometimes does de-· A BIGGER HIGH-INTEREST CRUSADE IS COMING The bills will be sold at competitive bid cide that it will make the issue eligible The signs are now clear. The cru ding, with yields to buyers depending on the for purchase by the commercial banks. saders are upon us. Short of such an discount cost incurred by the Treasury. This. is the ~ase of the 1-year bills being affirmative action on the part of Con Subscriptions for less than $200,000 on a auctiOned. today. And in this case the gress, we are going to be in for a great noncompetitive basis will be received, with· the price being determined by averaging the commercial banks add to the m~ney deal more pressure of the same kind as competitive tenders. Even subscriptions of supply an amount of new money equal has already been applied, except that only $1,000 will be received. to the amount of the securities they pur this pressure is going to be intensified : Yields of 5 percent or more on Treasury chase. In other words, the commercial and increased-if that is possible. bills are an experience new to this country. banks create the money with which they Already the financial journals are pre They first appeared last year. Last week, 13 buy the securities; but this is no more· dicting that the Federal Reserve will ~f the. Treasury's 32 outstanding issues of true of the banks' purchasing short-term s,oon raise its discount rate above the bills. sold at discount rates yielding buyers securities than it is of their purchasing already fantastic rate of 4 percent.· t>;,percent or more. long-term securities. Both are precise Such a report appears in the Wall Street · 'l;'here are two major reasons. on·e has to ly the same. And the Treasury is equally d-o with economic fundamentals;· the other Journal of this morning. - And, of course, with the arbitrary continui-ng application in a position to decide how mu(1h, if any, we have recently seen in the daily press of lQng_-term debt-cost legislation adopted· of a new security it will allow commer an account of the confic;l~ntial letter by Congress during World War I and not. cial banks to purchase. issued by the Investment Bankers Asso- since amended. . 1960 CONGRESSIONAL RECORD- HOUSE 321 'l'he economic forc·es pressing short-term [From the Wall Street Journal, Jan. 12, 1960] tive program and any special orders interest rates to high levels stem from the INvESTMENT BANia:Rs EXPECT DISCOUNT RATE heretofore entered, was granted to: industrial and population boom in which To. BE RAisED BOT ABE UNCERTAIN ON Mr. HERLONG, for 10 minutes, today. the postwar world is caught. In periods of '.l'nl.nNG broad and sustained economic expansion, Mr. PowELL (at the·request of Mr. Me .. the greatest pressure falls on short-term A majority in financial circles is convinced CoRMACK), on tomorrow, for 1 hour. lending rates. Savings in even the economi a rise in the Federal Reserve Board's dis cally advanced countries in such periods tend count rate is in the cards-the only question to be outstripped by demand for capital, with is in the timing. EXTENSION OF REMARKS A weekly letter of the Investment Bankers the result that borrowers are driven to the By unanimous consent, permission to traditional lenders at short term-the com Association advised members yesterday that mercial banks. rumors of an increase in the discount rate extend remarks in the CONGRESSIONAL When the demand for credit begins to de the fee Federal Reserve banks charge on R:EcoRD, or to revise and extend remarks, plete the reserve funds that the banks must loans to member commercial ·banks-"ap was granted to: maintain, the deposit institutions replenish peared to be well founded," the Associated Mr. ALGER and to include extraneous reserves by selling prime investments, such Pre.ss reported from Washington. matter. as Treasury securities. As they run out of Asked about the AP dispatch, an rnA Mr. JoNAS and to include a speech. these, the competition for short-term money offlcial said the letter was a private weekly becomes intense. Short rates rise sharply report prepared by an economist of the trade Mr. PORTER and to include extraneous as borrowers bid for the shrinking supply of group for its members and did not represent matter. available bank money. any official IBA policy. Mr. BoscH (at the request of ~r. Under such boom pressures, rellef is not The discount rate moved up to 4 percent MooRE). · to be looked for from central banking insti from 3Y:z percent last September, The rnA Mr. SCHENCK, to place in the RECORD tutions, because of the inflationary danger letter noted that 3-month Treasury bills have an address made by Mr. RoBERTS before attached to diluting a money supply whose been selling recently at yields topping 4¥2 purchasing power is threatened with deterio percent. It noted the Federal Reserve Board the annual meeting of the Royal A,uto- ration. This is the financial side of the normally doesn't like to keep the discount mobile Club of Canada last week. · U.S. economy today. By and large, the rate below the. b1ll rate for any length of Mr. HEALEY. same goes for the world's ather money time, on the ground that, theoretically, at Mr. GARMATZ. centers. least, banks could borrow from Federal Re Relief from pressure on the short-term serve banks at the discount rate to invest market is usually available in such periods in higher yielding bills. ADJOURNMENT through the expedient of borrowing at long The letter said also a rise in the prime term. This is done anyway by private cor lending rate, the rate charged the biggest Mr. McCORMACK. Mr. Speaker, 1· porations, if only for the sake of maintain customers with the best credit ratings, cur move that the House do now adjourn. ing a ·balanced debt structure. ·rently 5 percent, "may take place soon." The motion was agreed to; accord .The Treasury could probably borrow at "Under these circumstances," the letter was ingly (at 12:30 o'clock p.m.) the House less than 5 percent at long term except for quoted as saying, "the Fed [Federal Reserve· adjourned until tomorrow, Wednesday, legislation adopted at the time of World War Board] could not hold the discount rate at January 13, 1960, at 12 o'clock noon. I,. imposing a cost ceiling of 4~ percent on 4 percent for long." any borrowings of more than 5-year term. The letter noted that the· Federal Reserve This ban is probably the major reason may want to hold off on any discount-rate why certain Treasury securities of under 5- move so as not to interfere with a ser-ies of EXECUTIVE COMMUNICATIONS, year terms now yield more than 5 percent. I Treasury borrowing operations which wm ETC. Until Congress lifts the 4% percent cost run through next month. ceiling, the Treasury bas no cllo1ce but to In New York a weekly letter by Aubrey G. Under clause 2 of rule XXIV, executive continue to offer short-dated obligations. Lanston & Co., Inc., dealers in U.S. Govern communications were taken from the Washington says it is likely that the cost ment securities, noted that an increase in Speaker's table and referred as follows: ceiling will be raised by Congress this year. the discount rate "has been talked about for 1645. A letter from the Administrator, Vet Congress can be expected to be aroused by some weeks." erans' Administration, transmitting the an the Treasury's incurring costs well above "We would not dare to predict that the nual report of the activities of the Veterans' 5 percent at short term when it could raise discount rates of the Federal Reserve banks Administration for the fiscal year ending. the money at long term for materially less. will not be raised either this month or next, June 30, 1959, pursuant to the provisions of If the long-term cost ceiling does not last although we think that the prospects for an 38 U.S.C. 214 (H. Doc. No. 248); to the Com much longer, it-is conceivable that the high increa.se are not exactly cut and dried," the mittee on Veterans' Affairs and ordered to be yields now available on discount bills will · Lanston letter commented. printed with illustrations. not last, either. But even if the present. The settlement of the steel labor dispute 1646. A letter from th.e Secretary of the tightness in bank· money should continue,: last week was at first considered inflationary Army, transmitting a letter from the Chief and even if the high yields of the short and yields on Treasury bills climbed, the let of Engineers, Department of the Army, dated market should be exceeded later this year, it ter said. But later analyses indicated the August 14, 1959, submitting a report, to is hard to see how individual investors of cost of the· settlement to the steel companies gether with accompanying papers and illus- modest means would be imprudent in join is about one-half of that experienced in pre tration, on a survey of Little Pass, Clear ing the groWing army of subscribers to the vious postwar settlements, the letter added. water Bay, Fla., authorized by the River and Treasury's short-dated discount-bill debt. "If true, the significance of the steel settle Harbor Act, approved March 2, 1945 (H. Doc. It is possible, of course, that the basic ment to future Federal Reserve policy actions No. 293); to the Committe(l on Public Works economic problems of the future may carry is less than was assumed in the market last and ordered to be printed with one illus- and keep the short-term interest structu]:e Wednesday," the Lanston firm said. tration. · even higher than the levels of today. Forces The Lanston letter also suggested that 1647. A letter f.rom the Acting Secretary of the world over are engendering demands on rather than increasing the discount rate to the Treasury, transmitting a. x:eport of the the capital markets for which there is little bring it in line with other interest-rate levels, Bureau of Customs ·covering restoration o! precedent. Federal Reserve authorities might consider balances :withdrawn from appropriation an.d There is a constant expansion of consumer becomin~ more selective about lending funds fund accounts, pursuant to section 1(-a) (2) demand, one fed by the achievement of the to member commercial banks at the so-called of (70 Stat. 648} (31 U.S.C. 701(a) (2)); to capitalist system in bringing bank and discount window. the Committee on Government Operations. finance company ~redit on a rationalized !648. A letter from the Comptroller Gen basis to the door of the humblest workman. eral of the United States, transmitting a re- The Communist nations are attempting to LEAVE. OF ABSENCE , port on the audit of Commodity Credit Cor adapt this to the socialist system, and, if By unanimous consent, leave of ab.. . poration activities of the Evanston (former they succeed, consumer demand will be · ly Chicago) Commodity Office, Commodity broadened spectacularly. sence was granted as follows: Stabilization Service, Department of Agricul- The technological dividends of World War To Mr. DEROUNIAN' EXTENSIONS OF REMARKS Tribute to Ron. Isidore Dollinger especially felt by me. I refer to my very sociation in Congress. I consider it an de,ar friend, Isidore Dollinger, who served honor to serve in his place on the House EXTENSION OF REMARKS New York's 23d Congressional District Interstate and Foreign Commerce Com OF with distinction from the time of his mittee. He is respected and liked by all election in 1948 until his recent resigna who know him and his. fine record in HON. JAMES C. HEALEY tion from Congress. public service and politics have earned OF · NEW YORK Isidore Dollinger will be deeply missed him his new position as district attorney IN THE HOUSE OF REPRESENTATIVES by all of his friends here in the House, of Bronx County. I know he will con but especially by those of us from New tinue to serve the people of the Bronx Tuesday, Januaryt2, 1960 York who h81Ve been closely associated in the same capable way he did in the Mr. HEALEY. Mr. Speaker, as we be· with him. He was very helpful to me 'U.S. Congress. gin the 2d session of the 86th Congress when I first came to Congress and I am I do not know of anyone who does not there is one colleague whose absence is grateful for his friendship and our as~ consider our new district attorney of the