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Extensions of Remarks 14107 H.J

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Extensions of Remarks 14107 H.J June 8, 1979 EXTENSIONS OF REMARKS 14107 H.J. Res. 219: Mr. BAFALIS, Mr. BUCHANAN, of Tennessee, Mr. LEATH of Texas, Mr. LOWRY, "The Republic of Panama shall be de­ Mr. CARR, Mr. CHENEY, Mr. COELHO, Mr. Mr. LUNGREN, Mr. PICKLE, Mr. ROBERTS, Mr. fined for purposes of this section as that CONTE, Mr. CORRADA, Mr. DASCHLE, Mr. DER­ RoYER, Mr. SANTINI, Mr. SATTERFIELD, Mr. country governed by that national govern­ WINSKI, Mr. DORNAN, Mr. DoUGHERTY, Mr. SEBELIUS, Mr. SHARP, Mr. SHELBY, Mr. STEN­ ment having been installed in Panama chos­ DUNCAN of Tennessee, Mr. EVANS of Geol'g'ia., HOLM, Mr. SYNAR, and Mr. WYATT. en by free national elections in which all Mr. FAZIO, Mr. FINDLEY, Mr. FITHIAN, Mr. population groups and political parties have FLOOD, Mr. FRENZEL, Mr. Ft7QUA, Mr. GILMAN, been allowed to participate, where with re­ Mr. GINN, Mr. HINSON, Mrs. HOLT, Mr. HOR· PETITIONS, ETC. spect to such elections, impartial, interna­ TON, Mr. HOWARD, Mr. HYDE, Mr. JENKINS, Mr. tionally recognized political observers have JENRETTE, Mr. JoNEs of North carolina., Mr. Under clause 1 of rule XXII, petitions reported said elections have been conducted KRAMER, Mr. LAGOMARSINO, Mr. LoTT, Mr. and papers were laid on the Clerk's desk in a fair and successful manner and the McDONALD, Mr. MADIGAN, Mr. MARTIN, Mr. and referred as follows: President has reported the same to Con­ MAVROULES, Mr. MOFFETT, Mr. MOLLOHAN, Mr. 140. By the SPEAKER: Petition of Sirri gress." MONTGOMERY, Mr. MURPHY of Pennsylvania, Ata.lay, President of the Turkish Senate, and -Page 157, Section 250, after line 8, insert Mr. NOLAN, Mr. PATTEN, Mr. PAUL, Mr. PEP­ Cahit Kara.kas, President of the Turkish Na­ the following: PER, Mr. PERKINS, Mr. ROBINSON, Mr. SABO, tional Assembly, Ankara, relative to amnesty "(1) No payments may be made to Pan­ Mr. ScHEUER, Mr. SHARP, Mr. SHUMWAY, Mr. for children on the occasion of the Interna­ ama under this section if the Panama SIMON, Mr. SNYDER, Mr. SPENCE, Mr. STACK, tional Year of the Chlld; to the Committee Canal's operating expenses exceed its reve­ Mr. STRATTON, Mr. TAUKE, Mr. UDALL, Mr. on the Judiciary. nues." VENTO, Mr. WEAVER, Mr. WHITEHURST, Mr. 141. Also, petition of Clifford Barrister, And redesignate subsequent sections ac­ WHITLEY, Mr. BOB WILSON, Mr. WINN, and New York, N.Y., relative to redress of griev­ cordingly. Mr. LEACH of Louisiana. ances; to the Committee on the Judiciary. -Page 168, Section 374, Line 2 after "Pan­ ama". insert the following: ", defined for H.J. Res. 238: Mr. ALEXANDER, Mr. AMBRO, purposes of this section as that country gov­ Mr. ANTHONY, Mr. BARNARD, Mr. BEDELL, Mr. erned by that national government having BONER of Tennessee, Mr. BoWEN, Mr. BRINK• AMENDMENTS been installed in Panama chosen by free na­ LEY, Mr. BROOKS, Mr. PHILLIP BURTON, Mr. CHAPPELL, Mr. D'AMOURS, Mr. ROBERT W. Under clause 6 of rule XXIII, pro­ tional elections in which all population posed amendments were submitted as groups and political parties have been al­ DANIELS, JR., Mr. DANIELSON, Mr. DE LA GARZA, lowed to participate, where with respect to Mr. DINGELL, Mr. DOUGHERTY, Mr. EDWARDS of follows: such elections, impartial, internationally California., Mr. FAUNTROY, Mr. FISH, Mr. H.R.111 recognized political observers have reported FISHER, Mr. FLIPPO, Mr. GINN, Mr. HALL Of By Mr. KRAMER: said elections have been conducted in a fair Texas, Mr. HAMILTON, Mr. JEFFORDS, Mr. JEN• -Page 98, Section 102, line 21, after "Pan­ and successful manner and the President KINS, Mr. JOHNSON Of Colorado, Mr. JONES ama." insert the following: has reported the same to the Congress," EXTENSIONS OF REMARKS NICARAGUA AND THE DEPART­ not know how President Somoza can in­ economy, crippled by strikes and a. state of MENT OF THE TREASURY terpret the action as anything other war that has existed since last September, than an indication of support for his will improve only as a political solution ac­ regime. It certainly does not encourage ceptable to the broadest majority is found. HON. DALE E. KILDEE An IMF loan such as the one being con­ him to try to work out an accommoda­ sidered would constitute an international OF MICHIGAN tion with the political opposition in vote of confidence in the discredited Somo­ IN THE HOUSE OF REPRESENTATIVES Nicaragua. President Somoza's obstinate za. regime. Further, it would free much lim­ refusal to take account of that opposi­ Friday, June 8, 1979 ited government funds for the purchase of tion can only give greater credibility to even more weapons and supplies for the Na­ • Mr. KILDEE. Mr. Speaker, although the radical elements in the opposition. tional Guard, which at this time is the only I feel that it would be irresponsible to I am submitting for the RECORD a let­ force sustaining the regime. Forty-three per­ oppose H.R. 3347, the bill providing the ter which was sent to Secretary Blumen­ cent of Nicaragua's national budget current­ authorization for the international af­ ly goes to military expenditures. Any monies thal, his response to that letter, and a provided by the IMF, or subsequently by fairs operations of the Department of followup letter which I sent to Mr. private lending institutions, will only serve the Treasury, I would like to express my Blumenthal. I must admit that my sup­ to prolong Somoza's ability to rule through concern over one of the recent actions port of H.R. 3347 is less than enthusias­ force against the will of the broadest majori­ taken by· the Department. They made a tic because of the recent decision made ty. decision to support the request of the by the Department. I support it only Second, even by conventional economic Government of Nicaragua for financing because I feel that the international standards, the IMF loan is unlikely to have from the International Monetary Fund. operations are necessary and nations the desired effects. Stimulating exports and curbing imports by devaluing currency is I find that decision regrettable. The other than Nicaragua will benefit from largely irrelevant to Nicaragua's problems. Somoza regime has systematically vio­ those operations. Last year, in fact, the country registered a lated human rights. Even from a strictly The letters follow: positive trade balance, and imports were au­ pragmatic point of view, the loan is un­ HOUSE OF REPRESENTATIVES, tomatically curbed by the decrease in pur­ warranted because the conditions of sta­ Washington, D.C., May 10, 1979. chasing power of those on strike or affected bility neces~ary for repayment of the Hon. W. MICHAEL BLUMENTHAL, by the political disturbances. loan are not present. Secretary of the Treasury, Moreover, a loan will contribute to a de­ Department of the Treasury, terioration in the living standards of people This week's events in Nicaragua amply Washington, D.C. who have already endured great hardship. demonstrate the lack of wisdom in that DEAR MR. SECRETARY: Next Monday the Unemployment in urban areas is expected to decision. They have emphasized the in­ Board of Directors of the International reach 47 percent by June, and prices of food­ stability in Nicaragua. They have al,so Monetary Fund will be meeting to decide on stuffs rose as much as 40 percent following demonstrated that President Somoza has a $65 million loan to the government of the recent devaluation of the cordoba. Other no commitment to basic rights. He has President Anastasio Somoza Debayle in Nic­ economic austerity measures such as cuts aragua. We would strongly urge that the in already limited government spending on declared a state of siege under which all U.S. Executive Director to the Fund vote social services will further shift the burden constitutional guarantees are suspended. against any such loan to the Nicaraguan of the IMF stabilization program to those ·rt will mean that people will be arbi- government. least able to bear it. trarily arrested and incarcerated with­ First, any attempt to provide economic Last October when the United Staltes indi­ out trial. It has already resulted in a support to Nicaragua would serve to impede cated that it opposed President Somoza's re­ suspension of the freedom of the press. the resolution of that country's political and quest for a. $20 million IMF loan, Somoza In addition to being poorly considered, economic crisis. At this time, virtually all withdrew his proposal. The reasons for op­ sectors o! the Nicaraguan population, in­ posing Nicaragua's request for a loan last fall the action of the Department of the cluding those who participated in last fall's have multiplied and become more salient in Treasury Il19.Y have contributed to the international mediation, are united 1n their mid-1979. Any lending to the Somoza govern­ events which took place this week. I do opposition to President Somoza. Nicaragua's ment at this time is both irrational oneco- • This "bullet" symbol identifies statements or insertions which are not spoken by the Member on the floor. CXXV--887-Part 11 14108 EXTENSIONS OF REMARKS June 8, 1979 nomic grounds, and indefensible in Ught o! payments is strong. Each IMF member has a multilateral institutions which would have the current political situation. quota, and is legally obligated to make sub­ prohibited any o! the funds being used for Respectfully, scription payments to the IMF equal to that specific countries. At the time o! these Tom Harkin, John Cavanaugh, Paul quota. Thus the member's quota determines amendments, the Administration quite cor­ Simon, Donald Pease, Howard Wolpe, its obligation to provide financing. It also rectly argued that it could not place su~h Rick Nolan, Michael Barnes, Ted Weiss, determines its access to IMF resources.
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