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the situation in their home districts present indisputable figures showing how residual fuel oil imported from foreign refineries has displaced coal in east coast markets and has been responsible for the loss of work for thousands of coal miners. I myself have offered authenticated evidence that mine shutdowns and unemployment in my district are the direct result of loss of markets to foreign residual oil. How Standard Oil would attempt to deny that this situation exists is beyond me, but I consider this attitude a direct challenge to this legislative body. I reiterate that I can take you to mines in my district which normally serve public utilities and large industrial plants in New England and the New York-New Jersey area. Many of those customers are now buying cheap foreign residual oil. Our mines have lost their markets and they have been forced to close. Our miners are unemployed. These facts cannot be refuted regardless of how much the Standard Oil Co. is willing to pay writers and artists and layout men for publications designed to deceive the public and the Congress.

You know and I know that there is too much foreign oil invading United States markets. Most oil men recognize that fact. I should, in fact, like to have included in the RECORD a colloquy at the hearings of the Ways and Means Committee last May between Hon. RICHARD M. SIMPSON, sponsor of H. R. 5894, and Mr. Eugene Holman, president of the Standard Oil Co. of New Jersey. But first let me offer this sentence from a speech made by the same Mr. Holman in 1948 in reference to an import policy appearing in a statement of principles

of the National Petroleum Council:

According to my understanding, this means that no producer should be forced to cut back below the level at which he wishes to produce (under State-approved conservation practices) merely to make room for imports. To be forced to do so would, I feel, tend to discourage the development of new production. And this would not be compatible with national security.

It was 5 years ago when that statement was made by Mr. Holman. Now we come to the discussion between Mr. Holman and Mr. SIMPSON 2 months ago:

Mr. SIMPSON. Do you believe-and I think I am quoting from one man-do you believe that no producer should be forced to cut back below the level at which he wishes to produce under State-approved conservation practices, merely to make room for imports? That is alleged to have been a quote of yours.

Mr. HOLMAN. I think it depends altogether on the conditions that exist at the particular time. At the present time the Government, and I think wisely so, has asked the oil industry to carry some surplus capacity in case of emergency. I think that we should do that. Of course, a surplus capacity of a million barrels is in excess of the MER (maximum efficient rate of production.)

Mr. SIMPSON. I am confused now. Do you mean that we should or should not restrict imports if it is found necessary to cut back domestic production under State-approved conservation practices.

Mr. HOLMAN. Yes. At the present time, I think we should, for this reason: the Government has asked us to carry a million barrels of excess capacity, which I think is a very good thing in the interest of national defense. In that case, that million barrels' capacity could be produced, you see, under good conservation laws.

Mr. SIMPSON. But now the companies have been requested to cut back on their production; is that not correct?

Mr. HOLMAN. Not on the potential, sir.

Mr. SIMPSON. Not on the potential, no; but on the actual production for which they get dollars. Are they not cut back in certain areas?

Mr. HOLMAN. Yes; they have been cut back. Mr. SIMPSON. Do you believe that to the extent they have been ordered to cut back, import should be correspondingly reduced? Mr. HOLMAN. Yes; I think they should.

Mr. Holman obviously found it very difficult to concede that imports should be reduced. And no wonder, in view of the fact that Standard's booklet, dated less than 1 month prior to Mr. Holman's appearance before the committee, included this paragraph:

The company does not believe that present conditions, or conditions which can be reasonably anticipated, warrant the application of quotas to oil imports.

Yes; despite the views of Standard Oil Co.-New Jersey-as published on April 15, Mr. Holman, president of the same company, finally had to admit on May 13 that too much foreign oil is coming into the United States. He made it clear later in the testimony that such reduction of imports should be done through voluntary action, an elixir that the big international oil corporations have been trying to peddle each time that Congress considers doing what is incumbent upon it in respect to the welfare of the people. Each spring, as regular as the crocus, come the statements of promised curtailment; yet the flood rolls in, more furious each year. I say that, even if voluntary action were possible, would it be wise on the part of this Government to leave a matter so important to the Nation's welfare and security in the hands of a few importing companies?

I ask that this Congress disregard the propaganda of the Standard Oil Co.New Jersey-importers and publishers. I ask that H. R. 5894 be adopted in deference to not only the coal, domestic oil, and transportation workers, and other Americans who are being injured by too much foreign oil, but to the whole populace. Unless we check it now, the depression imported from foreign refineries that has struck mining communities, oilfields, and shipping centers will gradually extend into other areas and threaten our entire economy, just as foreign oil is already endangering the national security.

LEAVE OF ABSENCE

By unanimous consent, leave of absence was granted to:

Mr. REAMS, from July 16 to July 21, on account of important matters at home.

Mr. HARRISON of Virginia, for Monday, July 13, on account of official business.

Mr. KEARNEY (at the request of Mr. ARENDS), for this week, on account of official business.

Mr. SCHERER (at the request of Mr. ARENDS), for this week, on account of official business.

Mr. HOWELL (at the request of Mr. FOUNTAIN), for Monday, July 13, on account of official business.

Mr. LANE (at the request of Mr. McCORMACK), for Monday, July 13, 1953, on account of a death in the family.

SENATE BILLS REFERRED

Bills of the Senate of the following titles were taken from the Speaker's table and, under the rule, referred as follows:

S. 122. An act directing the conveyance of certain property to the city of Rupert, Idaho; to the Committee on Interior and Insular Affairs.

S. 1569. An act to amend the Independent Offices Appropriation Act, 1953, so as to provide for the investigation by the Civil Service Commission in lieu of the Federal Bureau

of Investigation of persons receiving Atomic Energy Commission fellowships; to the Committee on Post Office and Civil Service.

ENROLLED BILLS AND JOINT
RESOLUTION SIGNED

Mr. LECOMPTE, from the Committee on House Administration, reported that that committee had examined and found truly enrolled bills of the House of the following titles, which were thereupon signed by the Speaker:

H. R. 4072. An act relating to the disposition of certain former recreational demon

stration project lands by the Commonwealth of Virginia to the School Board of Mecklenburg County, Va.;

H. R. 5302. An act to provide for an additional Assistant Postmaster General in the Post Office Department; and

H. R. 6054. An act to amend the act of April 6, 1949, to provide for additional emergency assistance to farmers and stockmen, and for other purposes.

The SPEAKER announced his signature to an enrolled bill of the Senate of the following title:

S. 2199. An act to allow States during major disasters to use or distribute certain surplus equipment and supplies of the Federal

Government.

EXTENSION OF REMARKS

By unanimous consent, permission to extend remarks in the Appendix of the RECORD, or to revise and extend remarks, was granted to:

Mr. PATMAN in two instances and to include extraneous matter.

Mr. YOUNGER and to include extraneous matter.

Mr. BENTLEY and to include a magazine article.

Mr. HOSMER in three instances and to include extraneous matter.

Mr. DONDERO and to include an article entitled "A Red Professor Talks." Mr. KERSTEN of Wisconsin in two instances and to include extraneous matter.

Mr. LECOMPTE and to include an article from the Wall Street Journal.

Mr. FORRESTER and to include extraneous matter.

Mr. BOLLING and to include extraneous matter.

Mr. DEMPSEY and to include an editorial from the Albuquerque Journal. Mr. BYRD in three instances and to include extraneous matter. Mr. CARLYLE.

Mr. KARSTEN of Missouri and to include a newspaper article.

Mr. BARTLETT and to include an editorial.

Mr. SHELLEY and to include two letters. Mr. JONES of Alabama in two instances and to include an editorial and a resolution.

Mr. ROBERTS in two instances and to include extraneous matter.

Mr. WOLVERTON in three instances and to include extraneous matter.

Mr. McCORMACK and to include a resolution.

Mr. JENKINS and to include extraneous matter in the remarks he intends to make this afternoon.

Mr. ROGERS of Texas and to include an

and for other purposes"; to the Committee on Armed Services.

840. A letter from the Secretary of Commerce, transmitting the 23d Quarterly Report required under the Export Control Act of 1949; to the Committee on Banking and Currency.

841. A letter from the Secretary of Commerce, transmitting a draft of a bill entitled "A bill to amend the act of December 3, 1942"; to the Committee on Merchant Marine and Fisheries.

842. A letter from the Secretary of State, transmitting a draft of a bill entitled "A bill to amend the Northern Pacific Halibut Act of 1937"; to the Committee on Merchant Marine and Fisheries.

editorial from the Amarillo Daily News. REPORTS OF COMMITTEES ON PUBMr. MARTIN of Iowa and to include extraneous matter.

Mr. EBERHARTER to revise and extend his remarks made in Committee and to include a letter from the Secretary of the Treasury.

Mr. FOGARTY (at the request of Mr. RAYBURN) and to include extraneous matter, notwithstanding the fact it exceeds the limit and is estimated by the Public Printer to cost $189.

Mr. McCORMACK and to include an editorial entitled "Should Congress get a raise?" appearing in the Boston Globe July 17, 1953.

Mr. AYRES and Mr. CEDERBERG (at the request of Mr. HALLECK) and to include extraneous matter.

Mr. BYRNES of Wisconsin and to include an editorial,

Mr. HOFFMAN of Michigan,

Mr. JUDD in three instances in each to include extraneous matter and also to revise and extend remarks he made this afternoon.

Mr. STEED and to include an editorial. Mr. HAYS of Arkansas in two instances and to include extraneous matter.

Mr. ADAIR and to include an editorial. Mr. O'NEILL and to include a statement by Mr. BOLAND and a resolution.

ADJOURNMENT

Mr. HALLECK. Mr. Speaker, I move that the House do now adjourn.

The motion was agreed to; accordingly (at 5 o'clock and 21 minutes p. m.) the House adjourned until tomorrow, Tuesday, July 14, 1953, at 12 o'clock noon.

EXECUTIVE COMMUNICATIONS,

ETC.

Under clause 2 of rule XXIV, executive communications were taken from the Speaker's table and referred as follows:

838. A letter from the Secretary of Defense, transmitting the third semiannual report of the Department of Defense covering the payment of claims arising from the correction of military or naval records for the period from July 1, 1952, through December 31, 1952, pursuant to Public Law 220, 82d Congress; to the Committee on Armed Services.

839. A letter from the Acting General Counsel, Office of the Secretary of Defense, transmitting a draft of a bill entitled "A bill to provide for the appointment of additional commissioned officers in the Regular Army,

LIC BILLS AND RESOLUTIONS

Under clause 2 of rule XIII, reports of committees were delivered to the Clerk for printing and reference to the proper calendar, as follows:

Mr. CROSSER: Committee on Interstate and Foreign Commerce. Part 2, minority views on H. R. 356. A bill to amend the Railroad Retirement Act of 1937, as amended; without amendment (Rept. No. 758). Referred to the Committee of the Whole House on the State of the Union.

Mr. ALLEN of Illinois: Committee on House Resolution 330. Resolution for consideration of H. R. 6200, a bill making supplemental appropriations for the fiscal year ending June 30, 1954, and for other purposes; without amendment (Rept. No. 771). Referred to the House Calendar.

Mr. ALLEN of Illinois: Committee on Rules. House Resolution 331. Resolution for consideration of H. R. 157, a bill to provide that the tax on admissions shall not apply to admissions to a moving-picture theater; without amendment (Rept. No. 772). Referred to the House Calendar.

Mr. ALLEN of Illinois: Committee on Rules. House Resolution 217. Resolution creating a special committee to conduct a full and complete investigation and study of educational and philanthropic foundations and other comparable organizations which are exempt from Federal income taxation; without amendment (Rept. No. 773). Referred to the House Calendar.

Mr. REED of New York: Committee on Ways and Means. House Joint Resolution 293. Joint resolution to permit articles imported from foreign countries for the purpose of exhibition at the Washington State Third International Trade Fair, Wash., to be admitted without payment of tariff, and for other purposes; without amendment (Rept. No. 774). Referred to the Committee of the Whole House on the State of the Union.

Seattle,

Mr. HARRISON of Wyoming: Committee on Interior and Insular Affairs. H. R. 1055. A bill to terminate Federal discriminations against the Indians of Arizona; with amendment (Rept. No. 775). Referred to the Committee of the Whole House on the State of the Union.

Mr. ALLEN of Illinois: Committee on Rules. House Resolution 336. Resolution for consideration of H. R. 356, a bill to amend the Railroad Retirement Act of 1937, as amended; without amendment (Rept. No. 776). Referred to the House Calendar.

Mr. REED of New York. Committee on Ways and Means. H. R. 5894. A bill to amend the Trade Agreements Extension Act of 1951 and certain other provisions of law to provide adequate protection for American workers, miners, farmers, and producers; without amendment (Rept. No. 777). Referred to the Committee of the Whole House on the State of the Union.

PUBLIC BILLS AND RESOLUTIONS Under clause 4 of rule XXII, public bills and resolutions were introduced and severally referred as follows:

By Mr. CROSSER (by request): H. R. 6250. A bill to repeal the exemption of transactions not involving a public offering from the Securities Act of 1933; to the Committee on Interstate and Foreign Com

merce.

By Mr. HARRISON of Wyoming: H. R. 6251. A bill to authorize the abolishment of the Shoshone Cavern National Monument and the transfer of the land therein to the city of Cody, Wyo., for public recreational use, and for other purposes; to the Committee on Interior and Insular Affairs. By Mr. McCORMACK:

H. R. 6252. A bill to amend the charter of the Girl Scouts of the United States of America so as to limit membership on the National Council of Girl Scouts to citizens of the United States, to authorize meetings of the national council as provided in the constitution, and to authorize an annual report based upon the preceding fiscal year; to the Committee on the District of Columbia.

By Mr. PELLY:

H. R. 6253. A bill to amend Public Law 410, 78th Congress, with regard to compensation for overtime, Sunday, and holiday work of employees of the United States Public Health Service, Foreign Quarantine Division; to the Committee on Interstate and Foreign Commerce.

By Mr. PILLION:

H. R. 6254. A bill to amend the Internal Revenue Code with respect to the determination of a taxpayer's original inadmissible assets for excess-profits tax purposes; to the Committee on Ways and Means.

By Mr. BYRD:

H. R. 6255. A bill to provide for the construction of a post office at Dunbar, W. Va.; to the Committee on Public Works.

By Mr. HIESTAND:

H. R. 6256. A bill to amend the Internal Revenue Code to provide that gain or loss from the sale or exchange of certain real estate held for more than 2 years shall be treated as a long-term capital gain or loss; to the Committee on Ways and Means.

By Mr. HUNTER:

H. R. 6257. A bill to amend the Agricultural Adjustment Act of 1938, as amended; to the Committee on Agriculture.

By Mr. LATHAM:

H. R. 6258. A bill to provide for the leasing of space on postal vehicles and letter boxes for advertising purposes; to the Committee on Post Office and Civil Service.

By Mr. RHODES of Arizona: H. R. 6259. A bill to amend the Agricultural Adjustment Act of 1938, as amended; to the Committee on Agriculture.

By Mr. BOGGS:

H. R. 6260. A bill relating to the amount of the manufacturers' excise tax to be paid with respect to articles leased by the manufacturer, producer, or importer; to the Committee on Ways and Means.

By Mr. KING of California:

H. R. 6261. A bill to amend the Tariff Act of 1930, so as to impose certain duties upon the importation of tunafish, and for other purposes; to the Committee on Ways and Means.

By Mr. RADWAN:

H. R. 6262. A bill to authorize the Commodity Credit Corporation to make agricultural commodities owned by it available to the President for the purpose of enabling the President to assist in meeting famine or other urgent relief requirement in countries friendly to the United States; to the Committee on Agriculture.

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H. R. 6263. A bill to authorize the Secretary of Agriculture to convey certain lands in Alaska to the Rotary Club of Ketchikan, Alaska; to the Committee on Agriculture.

By Mr. COUDERT:

H. R. 6264. A bill for the relief of Leslie

By Mr. SHELLEY:

H. R. 6273. A bill for the relief of Mrs. Yayoi Tsukahara; to the Committee on the Judiciary.

H. R. 6274. A bill for the relief of Virgil Won (also known as Virgilio Jackson); to the Committee on the Judiciary.

By Mr. WARBURTON:

H. R. 6275. A bill for the relief of the Erie Railroad Co.; to the Committee on the Judiciary.

SENATE

TUESDAY, JULY 14, 1953
(Legislative day of Monday, July 6,
1953)

The Senate met in executive session
at 12 o'clock meridian.

The Chaplain, Rev. Frederick Brown
Harris, D. D., offered the following

prayer:

God our Father, whom we seek in all our need and through all the mystery and perplexity of life, without whom we cannot live bravely or well: Show us Thy will, we beseech Thee, in all the maze of paths our uncertain feet may take. As in prayer we draw near to Thee now, do Thou graciously draw near unto us, until we become more sure of Thee than of midday light. Come to us in the common life that entangles us, meet us in the thorny questions which confront us. Breathe through the things that are seen the peace of the unseen and eternal. Though the hope of a better world betimes seems forlorn, may we be found ready to be pioneers of it; without stumbling and without stain may we follow the gleam until the day is ended and our work is done, knowing that our labor is not in vain in the Lord. Amen.

THE JOURNAL

On request of Mr. KNOWLAND, and by unanimous consent, the reading of the Journal of the proceedings of Monday,

Krauss; to the Committee on the Judiciary. July 13, 1953, was dispensed with.

H. R. 6265. A bill for the relief of Zoe Zitsa Casanova, also known as Zoe Riginos; to the Committee on the Judiciary.

By Mr. CURTIS of Nebraska:

H. R. 6266. A bill for the relief of Frank Robert Gage; to the Committee on the Judiciary.

By Mr. DORN of New York:

H. R. 6267. A bill for the relief of Paul Jordan (or Fryderyk Jakub Einaugler); to the Committee on the Judiciary.

By Mr. FINE:

H. R. 6268. A bill for the relief of Ervin

MESSAGE FROM THE PRESIDENT

A message in writing from the President of the United States submitting a nomination was communicated to the Senate by Mr. Miller, one of his secretaries.

Bard; to the Committee on the Judiciary. sentatives, by Mr. Maurer, its reading

By Mr. FISHER:

H. R. 6269. A bill for the relief of Lloyd W. C. Tang; to the Committee on the Judiciary.

By Mr. HOFFMAN of Illinois:

H. R. 6270. A bill for the relief of Gregory Livas; to the Committee on the Judiciary. By Mr. PELLY:

H. R. 6271. A bill for the relief of Madaline Margaret Smith; to the Committee on the Judiciary.

By Mr. REES of Kansas:

H. R. 6272. A bill for the relief of Jean M. Leblon; to the Committee on the Judiciary.

MESSAGE FROM THE HOUSE
A message from the House of Repre-
sentatives, by Mr. Maurer, its reading
clerk, announced that the House had
passed a bill (H. R. 5877) to amend cer-
tain administrative provisions of the
Tariff Act of 1930 and related laws, and
for other purposes, in which it requested
the concurrence of the Senate.

ORDER FOR TRANSACTION OF
ROUTINE BUSINESS

Mr. KNOWLAND. Mr. President, I
ask unanimous consent that after the
Senate has resumed the consideration of

legislative business, and following the quorum call, there may be the customary morning hour to permit Senators to transact regular routine business under the usual 2-minute limitation on speeches.

The PRESIDENT pro tempore. Without objection, it is so ordered.

NOMINATIONS UNDER "NEW

REPORTS"

Mr. KNOWLAND. Mr. President, I move that the Senate proceed to the consideration of nominations on the Executive Calendar under "New Reports."

The motion was agreed to.

The PRESIDENT pro tempore. The clerk will state the nominations on the Executive Calendar under "New Reports."

UNITED STATES DISTRICT JUDGES

The Chief Clerk proceeded to read sundry nominations of United States district judges.

Mr. KNOWLAND. I move that the nominations of United States district judges be confirmed en bloc.

The PRESIDENT pro tempore. Without objection, the nominations of United States district judges are confirmed en bloc.

UNITED STATES ATTORNEYS

The Chief Clerk proceeded to read sundry nominations of United States attorneys.

Mr. KNOWLAND. I move that the nominations of United States attorneys be confirmed en bloc.

The PRESIDENT pro tempore. Without objection, the nominations of United States attorneys are confirmed en bloc.

UNITED STATES MARSHALS

The Chief Clerk proceeded to read sundry nominations of United States marshals.

Mr. KNOWLAND. I move that the nominations of United States marshals be confirmed en bloc.

The PRESIDENT pro tempore. Without objection, the nominations of United States marshals are confirmed en bloc.

PATENT OFFICE

The Chief Clerk proceeded to read sundry nominations in the Patent Office. Mr. KNOWLAND. I move that the nominations in the Patent Office be confirmed en bloc.

The PRESIDENT pro tempore. Without objection, the nominations in the Patent Office are confirmed en bloc.

Mr. KNOWLAND. I move that the President be notified immediately of the confirmation of these nominations.

The PRESIDENT pro tempore. Without objection, the President will be notified forthwith of the confirmation of the nominations.

EXECUTIVE REPORTS OF

COMMITTEES

The following favorable reports of nominations were submitted:

By Mr. LANGER, from the Committee on the Judiciary:

Laughlin E. Waters, of California, to be United States attorney for the southern district of California, vice Ernest A. Tolin, elevated.

By Mr. MILLIKIN, from the Committee on Finance:

Harry D. Youse, of Indiana, to be collector of customs for customs collection district No. 40, with headquarters at Indianapolis, Ind.; and

Robert W. Dill, of New York, to be collector of customs for customs collection dis

I not only think so now, but I thought So when the United States was making those mistakes and said so then.

I agree completely with the thesis that if Western Europe is to be secure against aggression from Russia, the bulwark must be supplied by the productive ability and the courage and resourcefulness of the German people.

So I wanted us to compose our claims as a government against the new Federal German Republic for the assistance given it since the war. It did not disturb me to vote for a settlement of postwar United States aid at 33 cents on the dollar when we were getting only 13 cents from England and 10 cents from

trict No. 10, with headquarters at New York, Italy and 8 cents from France. But I

N. Y.

By Mr. SMITH of New Jersey, from the Committee on Labor and Public Welfare: Spencer Miller, Jr., of New Jersey, to be an Assistant Secretary of Labor; and

Harrison Hobart, of Texas, to be an Assistant Secretary of Labor.

POSITION OF SENATOR CASE ON

RATIFICATION OF AGREEMENTS WITH THE FEDERAL REPUBLIC OF GERMANY

Mr. CASE. Mr. President, I ask unanimous consent to speak for not more

than 2 minutes.

The PRESIDENT pro tempore. Under

the rule, the Senator is recognized.

Mr. CASE. Mr. President, I rise to make a statement of my position on the question on which we voted last night— the ratification of four agreements with the Federal Republic of Germany. I do so, Mr. President, because I was occupying the chair at the time the final debate and the voting took place, and it was not possible for me to state why I voted as I did.

The RECORD only shows the two yeaand-nay votes; it does not show the vote of individual Senators on the ratification of the last 3 of the 4 agreements presented. I favored ratifying them, but I did not favor ratification of the first one voted on, the one that dealt with the external debt and involved private holders of securities issued by the Hitler government prior to World War II.

I voted against recommitting the agreements to the Committee on Foreign Relations, because I thought we were ready to decide the matter, and nothing was to be gained, indeed, time would be lost by recommittal.

Mr. President, no one could agree more strongly than I with the statement of the Senator from the Georgia [Mr. GEORGE] that it was "a monumental mistake for our Government in World War II to assume that because the Russians professed humanitarian principles, they were Democrats somewhat after our fashion, whereas they were not at all." And I agree completely with the Senator's statement last night that another great mistake was "to destroy two great producing countries in the world outside our own continent, Germany and Japan, thereby creating a vacuum into which inevitably any nearby selfish, aggressive power would rush."

saw no reason last night, and I see none now, for the Government of the United States approving a set-aside of German assets to insure payment at 100 cents on the dollar to the private holders of prewar German securities, with interest accumulated at 52 percent.

That was the equivalent to recognition of a preferred claim such as public institutions have in the case of closed banks, and I saw no justification for it. Whatever the German Republic wishes to do or finds itself able to do in liquidating those securities I would say was their own business, but why the Govern

ment of the United States should be a

party to making them a preferred claim on Germany's dollar assets in preference to the claims of our Government itself, I was unable to see on the basis of any explanation brought to my attention.

But my opposition to the ratification of such an agreement, Mr. President, was not an opposition to the ratification of the other three agreements and because there was a yea-and-nay vote only on the first agreement, I desired to make my full position a matter of record.

AGREEMENT ON GERMAN EXTERNAL DEBT-LIST OF AMERICAN OWNERS OF GERMAN DOLLAR BONDS WITHHELD

last

Mr. WILEY. Mr. President, Thursday, when the Senate was discussing the then pending German debt settlement, it was suggested that inquiry be directed to the Treasury Department to ascertain whether records of the holders of German bonds could be examined by the committee. The letter received in reply was available during our debate yesterday, but was not placed in the RECORD. I therefore ask unanimous consent that the letter from the Treasury Department, dated July 13, 1953, be printed in the RECORD at this point in my remarks.

The PRESIDING OFFICER. Is there objection?

There being no objection, the letter was ordered to be printed in the RECORD, as follows:

TREASURY DEPARTMENT,
Washington, July 13, 1953.

Hon. ALEXANDER WILEY,
Chairman, Committee on Foreign
Relations, United States Senate,
Washington, D. C.

MY DEAR MR. CHAIRMAN: With regard to the several proposed agreements on German debt, which were debated in the Senate on

July 9, 1953, Dr. Francis O. Wilcox, chief of staff of your committee, has inquired whether a list of persons in this country owning German dollar bonds is available from the census of American-owned foreign property taken by this Department in 1943, as was suggested in the remarks of Senator WILLIAMS reported on page 8337 of the CONGRESSIONAL RECORD.

After the most careful consideration, this Department feels obliged to advise you that such a list cannot be made available. The census reports have always been regarded by this Department as highly confidential for the same reasons that have motivated the Congress to restrict the use of income tax returns. In effect, both the Congress and this Department have recognized that the ordinary desire for privacy in both business and personal affairs may be a deterrent to full and complete disclosure to the Government unless adequately safeguarded. At the time the census was taken, assurances were given to persons reporting that the confidential nature of their reports would be fully respected.

This Department would be willing to make the reports available for inspection by a representative of the Senate provided it was definitely understood that the names of reporters or any other particular data relative to them would not be made public in any way. We wish to point out, however, that any detailed inspection would involve substantial time and expense since there are 'some 15,000 reports relating to German dollar bonds and the file from which these reports would have to be culled contains some additional thousands of reports by persons

holding German property other than dollar bonds.

It may be useful to recall some of the statistical results of the census on form TFR-500 with regard to German dollar bonds. dolEighty-three-and-four-tenths-million

lar par value of such bonds was reported as owned by persons in the United States. It is the belief of this Department that this amount represented about 75 percent of such bonds actually owned in this country as of the reporting date, June 1, 1943. It is also the belief of this Department that the amounts actually reported included all large holdings of such bonds on the reporting date and that the portion of the bonds not reported was held by relatively numerous small investors scattered throughout this country, to whom it was extremely difficult to convey knowledge of the reporting requirements despite extensive efforts to disseminate information.

At this point, to avoid confusion, it is desirable to make clear the relationship of this $83.4 million figure to the total amount of German debt held in this country, namely, $546.6 million, as shown in table II on page 4 of Executive Report No. 3, submitted on July 3, 1953, by the Committee on Foreign Relations. This total is composed of four categories of obligations, dollar bonds (both governmental and corporate), other Government obligations, including the Mixed Claims Commission awards, standstill debts, and miscellaneous and commercial debts. Dollar bonds account for about $287 million of the total. This figure, which is based on all sources of information available to the Government, compares approximately with the $83.4 million reported on the census when allowance is made for omissions from the census, for unpaid interest, which may somewhat exceed the outstanding principal, and for the possibility that some of the bonds are held abroad.

As is indicated on page 13 of Executive Report No. 3, the $83.4 million of bonds was reported in 25,409 separate holdings, averaging $3,300 apiece. Of these holdings, 21,366 were by individuals for a total of $56.6 million, or an average of approximately $2,700 per holding; 2,575 by estates and trusts for a total of $9 million, or an average of approxi

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This Department has no reason to believe that the broad pattern has changed substantially since the time of the census. Through out the period in question there has been no trading in these bonds on the securities markets of this country nor in any regular overthe-counter market because of the request of the Securities and Exchange Commission that registered securities dealers refrain from such trade. Banks and insurance companies could not buy the bonds because they were not eligible investments, being in default. There may, of course, have been private sales of bonds or changes in ownership due to the death of holders, but no major shifts between categories of holders have come to the attention of this Department.

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Smathers Smith, Maine Smith, N. J. Sparkman

Symington Thye

Tobey Watkins

Mr. SALTONSTALL.

Welker Wiley Williams Young

I announce that

the Senator from Ohio [Mr. TAFT] and the Senator from Oregon [Mr. MORSE] are necessarily absent.

Mr. CLEMENTS. I announce that the Senator from Texas [Mr. DANIEL), the Senator from Arkansas [Mr. FULBRIGHT], the Senator from West Virginia [Mr. KILGORE], and the Senator from Mississippi [Mr. STENNIS] are absent by leave of the Senate.

The Senator from Minnesota [Mr. HUMPHREY] and the Senator from South Carolina [Mr. MAYBANK] are absent on official business.

The PRESIDENT pro tempore. A quorum is present.

EXECUTIVE COMMUNICATIONS, ETC.

fore the Senate the following letters, The PRESIDENT pro tempore laid bewhich were referred as indicated: REPORT ON WAR-RISK PROVISION OF CERTAIN MARINE AND LIABILITY INSURANCE FOR AMERICAN PUBLIC

A letter from the Secretary of Commerce, transmitting, pursuant to law, a report on the provision of war-risk, certain marine and liability insurance for the American public, for the quarter ended June 30, 1953 (with an accompanying report); to the Committee on Interstate and Foreign Commerce.

ACCEPTANCE, OPERATION, AND MAINTENANCE OF A CERTAIN DEFENSE HOUSING FACILITY BY THE COAST GUARD

A letter from the Acting Secretary of the Treasury, transmitting a draft of proposed legislation to authorize the Coast Guard to accept, operate, and maintain a certain defense housing facility at Cape May, N. J. (with an acompanying paper); to the Committee on Interstate and Foreign Commerce.

REPORT OF NATIONAL MUNITIONS CONTROL

BOARD

A letter from the executive secretary, National Munitions Control Board, transmitting, pursuant to law, a confidential report of that Board, for the period July 1, 1952, to December 31, 1952 (with an accompanying report); to the Committee on Foreign Relations.

TEMPORARY ADMISSION INTO THE UNITED STATES OF CERTAIN ALIENS

A letter from the Acting Commissioner, Immigration and Naturalization Service, Department of Justice, transmitting, pursuant to law, copies of orders issued to certain aliens for temporary admission into the United States (with accompanying papers); to the Committee on the Judiciary. AUDIT REPORT ON PANAMA CANAL COMPANY AND CANAL ZONE GOVERNMENT

A letter from the Acting Comptroller General, transmitting, pursuant to law, an audit report on the Panama Canal Company and the Canal Zone Government, for the year ended June 30, 1952 (with an accompanying report); to the Committee on Government Operations.

PETITION

A petition was laid before the Senate, and referred as indicated:

By the PRESIDENT pro tempore: A joint resolution of the Legislature of the State of Wisconsin; to the Committee on Foreign Relations:

"Joint resolution memorializing the Congress of the United States to authorize immediate development of the St. Lawrence seaway project

"Whereas for many years past, the governors and legislatures of the State of Wisconsin, regardless of political affiliation, have recorded their support for the development of the St. Lawrence seaway and power project, reflecting the almost unanimous support of the citizens of Wisconsin; and

"Whereas the St. Lawrence seaway will open the Great Lakes to navigation by seagoing vessels, and will provide better access to the markets of the world for the produce of Midwest farms, factories, mines and shipyards; and

"Whereas the power resources of the St. Lawrence river now running unused into the sea should be harnessed without further delay for national defense production and for the industrial expansion of the United States and Canada; and

"Whereas the imminent depletion of the Mesabi Range threatens the future of the Great Lakes steel industry and of the many allied industries dependent thereon; and

"Whereas the national defense aspects of the St. Lawrence seaway project have been certified to Congress by the national defense agencies, and its economic importance has been certified to the Congress by every President of the United States since William Howard Taft; and

"Whereas the Dominion of Canada has clearly indicated its intention to proceed with the development of the St. Lawrence on a unilateral basis unless the United States promptly takes necessary action to authorize joint development of this great resource in cooperation with our good neighbor and ally, Canada: Now, therefore, be it

"Resolved by the assembly (the senate concurring), That the Legislature of the State of Wisconsin memorialize the Congress of the United States to enact legislation as necessary to authorize development of the power and navigation resources of the Great Lakes-St. Lawrence Waterway as a project essential to the public interest and to the national defense; and, be it further

"Resolved, That this legislature memorialize the President of the United States to lend his personal leadership and influence to the undertaking and completion of this great project for the national defense and for the economic health of the Nation; and, be it further

"Resolved, That this legislature hereby authorizes and directs His Excellency, the Governor, and the Wisconsin deep waterways commission to take any and all steps necessary on behalf of the State of Wisconsin to advance the cause of the St. Lawrence seaway and power project and to join efforts of this State with those of other States in the Great Lakes Basin to the end that this project may be carried to completion without further delay; and, be it further

"Resolved, That this legislature will sanction and support all measures of cooperation necessary with the Federal Government or with adjoining States in the Great Lakes Basin for the implementation of enabling legislation, and for the future maintenance and operation of the Great Lakes-St. Lawrence seaway and power project; and, be it further

"Resolved, That properly attested copies of this resolution be sent to the President, to the clerk of each House of Congress, and to each Wisconsin Member thereof. "ORA R. RICE,

"Speaker of the Assembly. "ARTHUR L. MAY,

"Chief Clerk of the Assembly. "GEORGE M. SMITH,

"President of the Senate. "THOMAS M. DONAHUE,

"Chief Clerk of the Senate."

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