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l I I I ,- i I i I i ,- I' ,,- . \ ,-- !:; :1'. ")" ) --, I- I.." ,I " , 000863 1963 . \ \.:ONGRESSIONAL RECORD - SENA.-i The other conference 1n that trade. but from the U .8. PacUic couto the Pacific west.bound frelgh t conference Is made up of 10 Japanese. 7 American carriers, 4 European and 2 Phlllpplne nags. COMMISSIOK PLANS The Conunlsslon plans to concentrate itA. bearing time on 4 or 6 of the 10 largest st.eel companies because they each represent en. tlrely dllIerent modes ot doing business abroad. It was lea.rDed that one of the com- panies works out of steel mills It has built abroad. Another area. of Investigation wlll be the efl'ect of low import freight rate. on the European's ablllt.y to capture a god sbare of the market generally reserved for V.S. productton. The Investigators will explore the corpo- rate tleup between Japan's lelldlns ahipown- ers and leading steel producers. They will also cover the In8.uence Brltleh steel producers exercise over British ship- owners to raise European Inbound rates to a level bound to Jlmlt U.S. Importe. The FMC Is also expected to explore "the fanta!ltlc IncreRBe In U.S. Imports of Aus- trallan steel produotlJ In the laat 7 or 8 . years." FMC wants to know how this came about. Thle Is expect.ed to involve the level or each rate Involved. ON RpgE,;19 22119 WORLD CONFERENCE ON OCEANOGRAPHY Mr. INOUYE. Mr. President, I wish to call the attention of my Senate col- leagues to an excellent suggestion made recently by Representative BOB WILSON of California. Representative WILSON has asked the Congress to call a World Conference on Oceanography to be convened in the United States In 1965. As the good Representat.1ve pointed out, the undetectable approaches to our shores which lie under water constitute one of our greatest penIs of enemy 6ur- prise attack. And so the subject of na- tional defense would be hJgh on the con- ference agenda. But we all know that scIentists have . only begun to ripple the surface of the vast oceans of the globe in their search for untold treasures. We know the oceans yield food but we taKe but a fraction of the food because we have yet to learn the necessary proc- essing techniques. We know the oceans cover enormous mineral wealth, 011 and other natural resources. We know the oceans may some day be a prime source of energy. Each year we have managed to lower the cost of con- verting BaIt to fresh water. Some day we may eliminate the world's deserts and convert them Into rich, productive fannlands. To Bum up, each of us acknowledges the importance of oce'anography and Its . virtually UmltJess potentials. A world conference on this subject could not help but prove to be beneficial to the United . states and all mankind. Since my House colleague suggested . the conference be held. I can only second his motion-with one slight amendment. I propose Hawaii as an Ideal conference site. Hawaii, surrounded- by the Pacific Ocean, is ideally suited 8.5 a conference site. The city and county of Honolulu is Just now completing a modern civic auditorium complex which would make an ideallocatJon for the Conference. I am certain the faculty of the Uni- versity of HawaU's Geophysics Institute would be happy to act as Conference hosts. In conclusion I hope that my Senate . COlleagues wlll give their wholehearted support to the proposal that a World Conference on Oceanography be held In the United States In 1965, preferably. of cl?urse, In Hawaii. DOUGLAS HEARINGS The Commleslon Investigation. Initiated by ex-ChAirman Thomas St.altern, results from hearlng8 by Senator PAUL H. DOUGLAS. Democrat., or IllinoIs. chairman or the Joint EConomtc Committee. Senator DOUGLAS has stnled that hlgber export ratee: from the Untted States tban Import rates on similar products moving In the same trades are hwt- Ing our bD.lanCe-or.payments post.ure. The Investigation III aimed at determlnlng Juet wbere the dlsparitlee lie In the tron and steel industrlell. Thill presently 18 the only docketed Com- mission InVestlga.tlon dealing with the dls. pnrlty between Inbound and outbound freight rat.es. It Is now expected that bearings will be- gin on Jl1nuary 14 In New York City. 1m- portcr8 and elII:porters are expected to testi- fy on their abUlty or Inablllty to make for. elgn snles M such opportunities relate to freight rates. Importers wilt be questioned on their ablllty to make sales here as euch sales relate to very Jow Inbound rrelght rates.- In February sImllnr testimony wlll be taken In Ban Francisco. Gulf Importers and exportere will be given an opportunity to tes- tify either In New York or a special lIe68lon ma.y be called In that area. At the ..concIU. elon of testimony taking. the hearings wUl probably reaume In Waeblngton so that con- ference and steamship Industry exeeutlvel. FEDERAL OaDEll AROUSES SHIPPm8: COURT IUld perhaps Iron and steet Industry leaders, FIOHT SnN ON' RATES will have an opportunity to testify. (By Robert B. Burns) RELUCTANT DllAeON Tbe Federal MarltlIne Commisslon'e order According to Informed FMC sources the to st.eaDl8blp. coD,ferences to jUl5tIry or end st.eelindustry, which In the begInning played alleged dleparltles between export and im- the reluctAnt dragon. has become very help- port freight rates bas aroused confusLon and lul. U.8. steel companies engaged In the ex- resent.ment along shippIng row. port field at first reCused to Bupply the PMO Foreign-based conrerencee that regulate with the Information originally requested. rates on Imports have refused eimllar orders However. t.hese same companies are repoz:ted- . and have had their reru!lnl backed by the . Iy n~:)'w being most cooperative. fLIld have courts. Conrerences Iocat.ed. In the united' submItted to tbe FMC different Information States, wblch set aport rates, do not Intend which the COmnllsslon regards as more use- to obey the latest order without a flSbt. .luI to the Investigation than the original American lines, most of whom are Govern- materlaleought. ment SUbllldlzed., must comply. One line re- Commleslon sources Indicate that. the In- 'ported that the job 01 gatherIng all the In- formation rrom the tron and steei companies formation rejuested by the commlllslon will help broaden their Investigation to cover would coet at least .20.000. why tbere are rate dltrerentlale In the same Inbound conferences have untll December Inbound and outbound trades--and not Just 15 to compJy wltb the eommission's request to show that they do exist. to Justlry dltrerence& In export and Import The steel companies have handed over to rates. Outbound conrerences and some of the FMC thetr correspondence relatIng to the theIr member companies have until Decem., dlmgrements wIth conferences over outbound her 81 to supply Inrormatlon ror a rate study freight rates, It was learned. The es:porten being undertaken by the agency. have gotten action on at least half or theIr. It Is funy expected that the conferences complaints. and the Commission wUl en- . and linea will aIIk and get an exte:Il1IIon of deavor to ehow what percentage 01 half of the these deadlines. The comml&&iOD'S action complaints were acted upon In a way to sat- was taken to comply with an order from the lsfy tbe exporters. The . steel company reeponsea to PMO Congressional Joint Economic Committee to queries lead. the CommtB&lon to suspect that do lIomethlnS about the alleged dIsparity In rate practlces to the Far East from the Unlted rates by January to. States reflect prererential differential treat. The committee is investigating charges ment ror Japan. that rates on American e%perm are higher than on similar Imports. Last week Amer~ nECLlNINO MARKBT lean Shipowners told the committee that por Instance, In the New York to Far most ezport ratee were lower or equal to East trade. covered by the Far East Confer- sImIlar Import rates and that In any event ence, there 18 a declining U.S. iron and eteel the hIgher aport rate.IJ did not place Amer- DEVELOPMENT OP NATURAL RE- market and rates had to be reduced by the lean manufacturers at a competitive dtsad- .conference. vantage. . SOURCES IN THE UNITED STATES The conference reduced the ratee to Hong _ It was poInted out that the dlft'erence In. Mr. MANSFIELD. Mr. President. I Kong and Australia, but not to Japan and average profIt a revenue ton outbound ver- ask unanimous consent that the un- the Pbll1pplnea. This backs up FMC think. 8118 Inbound does not exceed 68 cents and finl h db In C 1 cia N 649 ing that these rates embody a prererentlal s e US ess. a en r o. , Sen- treatment for Japan IUld the Pblllppines probably Is less than 60 cents on the adjUSted ate blU 11U, be.la1d down and made the .whlch keepe those ratee high to keep U.8. scale. .~.pendlngbuslness. steel out. In that same trade, It WB.lJ learned, .- A typical reaction to the comm1&lion's B.C-. The PRESIDING OFFICER eMr. RIB- it wa.a cheaper to ship .!ron and steel eom. tlon wae given yesterday. "We are damned IcorF in the chair). The bIU wlU be . modltles to Korello than to Japan, even upset over tbe wbole situation. It baa at- stated by title for the Information of thousb a ship ha.d to stop at Japan before mose reacbed the point or harrassment," ODe .the Senate: . etopplns at Korea. Industry leader said. Tbe Far EalIt Conference Is made up of ''The Induetry Is up in anne . ... thl.8 - The LEGISLATIVI!: CLBR.K. S. 1111, to . four American carriers. nine Japanese, four goes welt beyond 8ny right the .commlalOD. . provide for the optimum development of European and two PhlllpplD8 ftage. hal under the law," another saId. the Nation's natural resources through - From the O/flu cf I-- SENATOR GORDON ALLOTT Colorado .