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January 10, 1966 CONGRESSIONAL RECORD- HOUSE 77 A. Stitt & Hemmendinger, 1000 Connecti­ A. Wheat Consumers Committee, 1012 14th A. Joseph M. Wyatt, 501 Keyser Building, cut Avenue NW., Washington, D.C. Street NW., Washington, D .C. l?altimore, Md. B . Unione Industriale Prato, Prato, Italy; B. Roadside Business Assoclation, 1430 Maylis Associates, 200 West 34th Street, New A. Wilkinson, Cragun & Barker, 1616 H Rand Tower, Minneapolis, Minn. York, N.Y. Street NW., Washingt on, D .C. B. O'Connor, Green, Thomas & Walters, A. Surrey, K ar asik, Gould & Greene, 1116 508 Federal Bar Building, Washington, D.C. A. Howard E. Young, 4622 Creek Shore Woodward Building, Washington, D.C. Drive, Rockville, Md. A. Morton M. Winston. B. Best Universal Lock Co., Inc., 6161 East B. Associated Sugar Producers of Guade­ B. Cleary, Gottlieb, Steen & Hamilton, 224 75th Street, Indianapolis, Ind. loupe and Martinique, Bolte Postale 175, Southern Building, Washington, D.C. Points-a-Pitre, Guadeloupe. A. Hal J. Wright, 1612 K Street NW., Wash­ A. Lester L. Zosel, 400 First Street NW., A. Ralph L. Tabor. ington, D.C. Washington, D.C. B. American Automobile Association, 1712 B. Standard Oil Co. (New Jersey), 30 B. Brotherhood of Railway & Steamship G Street NW., Washington, D.C. Rockefeller Pla za , New York, N.Y. Clerks, 1015 Vine Street, Cincinnati, Ohio. EXTENSIONS OF REMARKS A Salute to the Union of Burma Labor Organization and the Food and My bill would give both industry and Agricultural Organization. Government time to review fully results Symbolic of Burma's engagement in that are likely to flow from a proposed EXTENSION OF REMARKS international relations is U Thant, Bur­ price increase in a basic industry. It will OF mese citizen and presently the Secretary provide a forum in which private inter­ General of the United Nations. For­ ests and officials charged with Govern­ HON. ADAM C. POWELL merly a Burm.ese ciVil servant, he is the ment responsibilities can have freedom OF NEW YORK first citizen from the developing nations to act. to serve in this important post. IN THE HOUSE OF REPRESENTATIVES Four times in the last 3 years the Presi­ In addition to efforts to promote inter­ dent of the United States has been con­ Monday, January 10, 1966 national harmony, Burma seeks forms fronted with announcements that com­ Mr. POWELL. Mr. Speaker, on Jan­ of social, political, and economic order panies in industries basic to the well­ uary 4, the Union of Burma celebrated so that the Burmese people can enjoy being of the entire economy were going the 17th anniversary of her independ­ national unity and economic prosperity. to raise prices, in the face of and not­ ence. Today it gives me great pleasure General Ne Win, Chairman of the Revo­ withstanding the concern of the Presi­ to extend heartiest congratulations, be­ lutionary Council of Burma, has sought dent's economic advisers that excessive latedly since the Congress was not in to solve many of his country's problems inflationary pressures necessarily would session, to His Excellency General N e through a plan known as the Socialist result. In 1962, the steel industry pro­ Win, Chairman of the Revolutionary economic system for Burma. This proj­ posed such a price rise, and in 1965 the Council of the Union of Burma; to His ect calls for the nationalizatio~1. of such aluminum and copper industries tried to Excellency U On Sein, the present Bur­ activities as industries, mines, and banks. increase prices in an inflationary man­ mese Ambassador to the United States; Illustrative of this is the recent Govern­ ner. In 1966, elements of the steel indus­ and also to His Excellency U Tun Win, ment move to take over the administra­ try wanted a price hike in structural who will become the new Burmese Am­ tion of many civil hospitals and health steel, which according to the President's bassador to the United States very soon. centers in order to maintain uniform economic advisers, would have been in­ health service throughout the country. The peoples of the world have long flationary, and injurious to the economy. Another example of the nation's effort In each instance the President has had been fascinated with this beautiful and to achieve economic well-being is a 5- mysterious land. To her neighbors in his busy schedule abruptly disorganized,. year plan for construction of a hugh and has had to resort to vigorous action India Burma is known as the golden pen­ dockyard at Sinmalaik on the Hlaing insula because of the large reserves of to safeguard the interests of all of the River. Burmese students are being sent people. uncrowded land and forests and plentiful abroad for training in dockyard man­ minerals and gems. Rudyard Kipling Such confrontations between the Presi­ agement so that when the dockyard i.3 dent and industry are undesirable, de­ expressed the Englishman's wonderment completed, there will be enough trained with Burma in his poem "Mandalay": structive, and are incompatible with or­ Burmese to run it efficiently. jerly Government-business relationships. Come you back to Mandalay, Today we pause to send warmest The bill that I am sponsoring will ac­ Where the old flotilla lay: wishes to the Burmese people and to complish the following: Can't you 'ear their paddles chunkin' from reaffirm our belief that Burma's eco­ Rangoon to Mandalay? nomic and political growth as a free First. Provide a method to identify On the road to Mandalay, nation is important to southeast Asia basic industries in which the private Where the fiyin' fishes play, pricing action of one firm is of nation­ An' the dawn comes up like thunder outer and to all the countries of the free world. wide concern and is contrary to the in­ China 'crost the bay. terests of the public to avoid inflation. Burmese leaders characterize their na­ One standard relates total industry sales tion's policy in international affairs as Price Notice Bill to the gross national product. Informa­ one of nonalinement, or the determina­ tion needed to establish the precise per­ centage relationship on an informed tion to resist entanglement in either of EXTENSION OF REMARKS the power blocs of the cold war. A corol­ basis will be secured during the hearings lary of this neutralist posture is active OF on the bill. support for the United Nations and its HON. EMANUEL CELLER Second. Afford a waiting period, prior specialized agencies. Burma joined the OF NEW YORK to the effectiveness of such a price in­ United Nations in 1948 and has since IN THE HOUSE OF REPRESENTATIVES crease, during which time the forces of worked to strengthen its many activities. both sides can take the matter to the She has participated in the UNESCO Re­ Monday, January 10, 1966 public, and explore likely results of the search Center on Social Implications of Mr. CELLER. Mr. Speaker, today I proposed price increase. During the Industrialization, in southeast Asia as introduce a price notice bill, to require waiting period, if appropriate to the cir­ well as in the Colombo Plan Council for companies in basic industries to give cumstances, hearings could be held by Technical Cooperation, in south and notice to the President of any proposed interested congressional committees. southeast Asia. The specialized agencies price increase, and to require a 60-day Third. Panic buying of articles af­ to which Burma has given particularly waiting period prior to the effective date fected by proposed price increases would outstanding service are the International of the price increase. be avoided. After the completion of the 78 CONGRESSIONAL RECORD -HOUSE January 10, 1966 waiting period, the price increase would sions of the Strategic and Critical Materials Chad's economy, which is agricultural, be retroactive to the date of announce­ Stockpile Act (50 U.S.C. 98, et seq.), and has two strong pillars: cotton and stock "(3) Such additional standards as may ment. be established by the President. raising. Cotton is the principal money Fourth. Maximum freedom from di­ "The provisions of this section 9 shall not crop and accounts for approximately 80 rect Government interference in the pri­ apply in any industry in which the price of percent of Chad's exports. During 1964 vate sectors of the economy is retained. goods and services is subject to direct con­ imports were up 15 percent while ex­ The Government would not establish trol by an agency of the United States." ports increased by 11 percent. France mandatory price ceilings or direct price SEc. 2. This Act shall be effective on and continues to be the leading customer and controls. If the Government is unsuc­ after 60 days after the date of enactment. supplier, although trade with the United cessful in its efforts to cause a recision, States has also seen a steady increase. the proposed price increase would be Chad's landlocked position has thus effective at the end of the waiting period. far proved to be a major handicap in Fifth. Administrative problems that Independence Day of Chad overcoming some of her economic diffi­ attend direct Government regulation, culties. This has resulted in the Gov­ and expenditures that would be involved EXTENSION OF REMARKS ernment's placing highest priority on a in the establishment of a new Govern­ OF rail link to the sea via Cameroon. ment agency, are avoided. HON. ADAM C. POWELL Judging from the facts I have men­ The text of the bill follows: tioned, it would appear that Chad is well H.R. 11870 OF NEW YORK underway in its quest for "Unity, Work, A bill to amend the Sherman Act, as IN THE HOUSE OF REPRESENTATIVES Progress." Her friends in the Congress amended, by requiring prior notification of Monday, January 10, 1966 and the American people as a whole ex­ price increases in certain industries, and Mr.

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