August 2, 1971
CONGRESSIONAL RECORD — SENATE
S 12863


ecessor as chairman of the Federal 
Reserve Board—endorse this bill without 
qualification.
   I hope the Senate will pass the bill.
   The VICE PRESIDENT. Under the 
unanimous-consent agreement, and the 
hour of 3 o'clock having arrived, the 
clerk will read the bill for the third 
time.
   The assistant legislative clerk read the 
bill as follows:
   H.R. 8432, an act to authorize emergency 
loan guarantees to major business enterprises.
   The VICE PRESIDENT. The question 
is on final passage of the bill, H.R. 8432. 
   On this question the yeas and nays 
have been ordered, and the clerk will 
call the roll.
   The legislative clerk called the roll.
   Mr. BYRD of West Virginia. I 
announce that the Senator from Texas 
(Mr. BENTSEN) and the Senator from 
Washington (Mr. JACKSON) are 
necessarily absent.
   I further announce that, if present 
and voting, the Senator from Washington 
(Mr. JACKSON) would vote "nay."
   Mr. GRIFFIN. I announce that the 
Senator from South Dakota (Mr. 
MUNDT) is absent because of illness.
The result was announced—yeas 49
nays 48, as follows:

[No. 185 Leg.]

YEAS—49

Allen      Fannin      Packwood
Allott     Fong        Pearson
Baker      Gambrell    Prouty
Bennett    Gravel      Randolph
Bible      Gurney      Roth
Boggs      Hansen      Scott
Brock      Hollings    Sparkman
Byrd,W.Va. Hruska      Stennis
Cannon     Humphrey    Stevens
Case       Inouye      Talmadge
Cook       Javits      Thurmond
Cooper     Long        Tower
Cotton     Mathias     Tunney
Cranston   Mclntyre    Williams
Dole       Metcalf     Young
Eastland   Miller      
Ellender   Moss

NAYS—48

Aiken      Goldwater    Montoya
Anderson   Griffin      Muskie
Bayh       Harris       Nelson
Beall      Hart         Pastore
Bellmon    Hartke       Pell
Brooke     Hatfield     Percy
Buckley    Hughes       Proxmire
Burdick    Jordan,N.C.  Ribicoff
Byrd, Va.  Jordan,Idaho Saxbe
Chiles     Kennedy      Schweiker
Church     Magnuson     Smith
Curtis     Mansfield    Spong
Dominick   McClellan    Stevenson
Eagleton   McGee        Symington
Ervin      McGovern     Taft
Fulbright  Mondale      Weicker

NOT VOTING—3 

Bentsen	   Jackson	Mundt


   So the bill (H.R. 8432) was passed.
   Mr. SCOTT. Mr. President, I move to 
reconsider the vote by which the bill was 
passed.
Mr. TALMADGE and Mr. BENNETT, 
I move to lay that motion on the table.
The motion to lay on the table was 
agreed to.
   Mr. BYRD of West Virginia. Mr. President, 
I ask unanimous consent that S. 
2308 be indefinitely postponed.
   The PRESIDING OFFICER (Mr. 
BUCKLEY). Without objection, it is so 
ordered.

______________________


APPOINTMENTS BY THE VICE 
PRESIDENT

   The VICE PRESIDENT. The Chair 
appoints the following Senators to attend 
the Fourth International Conference on 
the Peaceful Uses of Atomic Energy to be 
held at Geneva, Switzerland, September 
6-16, 1971: The Senator from Rhode 
Island (Mr. PASTORE) and the Senator 
from Utah (Mr. BENNETT) .
   The Chair appoints the following 
Senators to attend the 15th session of the 
General Conference of the International 
Atomic Energy Agency to be held at 
Vienna, Austria, beginning September 21, 
1971: The Senator from Rhode Island 
(Mr. PASTORE) and the Senator from 
Colorado (Mr. DOMINICK). 

_______________

QUORUM CALL

   Mr. MANSFIELD. Mr. President, I 
suggest the absence of a quorum.
   The VICE PRESIDENT. The clerk will 
call the roll.
   The assistant legislative clerk 
proceeded to call the roll.
   Mr. MANSFIELD. Mr. President, I ask 
unanimous consent that the order for 
the quorum call be rescinded.
   The PRESIDING OFFICER (Mr. 
BUCKLEY) . Without objection, it is so 
ordered.
   The Senate is not in order. The Senate 
will be in order.

_________________


FEDERAL ELECTION CAMPAIGN 
ACT OF 1971

   Mr. MANSFIELD. Mr. President, What 
is the pending business?
   The PRESIDING OFFICER. Under 
the previous order the Senate will 
proceed to the consideration of S. 382, which 
the clerk will state.
   The assistant legislative clerk read 
as follows:
   A bill (S. 382) to promote fair practices in 
the conduct of election campaigns for 
Federal political offices, and for other purposes.

PRIVILEGE OF THE FLOOR

   Mr. PROUTY. Mr. President, I ask 
unanimous consent that the following 
staff members may be present during the 
debate on S. 382: Arthur Pankopf, Paul 
Molloy, James Medill, Burkett Van Kirk, 
and Miss Lynn Davis.
   The PRESIDING OFFICER. Without 
objection, it is so ordered.
Mr. PASTORE. Mr. President, I yield 
5 minutes to the Senator from Arkansas.
   The PRESIDING OFFICER. The Senator 
from Arkansas is recognized.

______________________________

THE 25TH ANNIVERSARY OF THE 
FULBRIGHT ACT

   Mr. FULBRIGHT. Mr. President, on 
August 1, 1946—25 years ago—President 
Truman signed Public Law 79-584, an 
amendment to the Surplus Property Act 
of 1944. That marked the official begin
ning of our educational and cultural exchange 
program administered by the 
Department of State.
   On this 25th anniversary of the 
exchange program, I would like to pay 
tribute to all those who have administered 
it with such devotion and efficiency. We 
have been fortunate to have a number of 
dedicated persons involved in directing 
the program.
   In the 25 years the program has been 
enlarged and extended, primarily 
through the Smith-Mundt Act in 1948; 
the Mutual Educational and Cultural 
Exchange Act of 1961 (Public Law 87-256), 
known as the Fulbright-Hays Act; and 
the International Education Act of 1966. 
Altogether some 140,000 persons have 
participated in exchanges under this 
legislation. If the short-term "International 
Visitors" category is excluded, the 
cumulative total would be about 100, 000—
roughly 35,000 Americans and 65,000 
foreigners. These exchanges have 
immeasurably benefited not only the 
individuals who have participated directly, 
but thousands of others who have come 
into contact with exchange participants—
for example, the students who 
have been taught by grantees.
   More than 130 countries have been 
involved in exchange activities, although 
the major emphasis has been placed 
upon those 50 nations with which the 
United States has binational educational 
foundation agreements. Eighteen of these 
countries—most of them in Europe— 
have entered into cost-sharing arrangements 
with the United States and 
currently contribute directly about $1.7 
million annually to the exchange program. 
Private and indirect contributions 
cannot be measured.
   I remain convinced that educational 
and cultural exchange offers one of the 
best means available for improving 
international understanding. Certainly in 
relation to the cost nothing can compare 
with it. The total amount expended on 
the program by the United States over 
25 years—including the appropriations 
for fiscal 1972—is about $740 million, or 
the equivalent of about 1 percent of this 
year's military budget.
   I am encouraged by the increase in 
the fiscal 1972 appropriation for the 
program. The amount just approved, $40.5 
million, is up from $37 million in 1971 
and only $31 million in 1969—of the 
$40.5 million no less than $4.5 million 
must be from U.S.-owned foreign 
currencies. The highest appropriation was 
$53 million in 1966. increased public 
awareness of the value of this program, 
stimulated by former grantees and by 
our own foreign observers, helped 
reverse the downward trend in appropriations 
and I appreciate the role that 
members of the Senate Appropriations 
Committee and other Senators have played 
in this process. Tribute should also be 
paid to Assistant Secretary of State 
John Richardson, who has worked 
vigorously for the program and has 
administered the program with efficiency 
and good judgment.
   Regrettably, rising costs have 
diminished the impact of this increase. The 
projected number of exchanges for 
1972—almost 7,000 including foreign 
nationals in American-sponsored schools—