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H.R. 8381
AMEND EXPORT-IMPORT BANK ACT, 1945

UHR. 7102 and H.R. 7103
CREATEDİLERICAN EXPORT CREDITS GUARANTY CORPORATION

H.R. 7266 and H.R. 8249

EXPORT POLICY ACT, 1961

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DOCUMENT

HOISIAIO

AUGUST 30, 1961

Printed for the use of the Committee on Banking and Currency

U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON : 1961

74692

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COMMITTEE ON BANKING AND CURRENCY

BRENT SPENCE, Kentucky, Chairman WRIGHT PATMAN, Texas

CLARENCE E. KILBURN, New York ALBERT RAINS, Alabama

GORDON L. MCDONOUGH, California ABRAHAM J. MULTER, New York

WILLIAM B. WIDNALL, New Jersey HUGH J. ADDONIZIO, New Jersey

EUGENE SILER, Kentucky WILLIAM A. BARRETT, Pennsylvania PAUL A. FINO, New York LEONOR K. SULLIVAN, Missouri

FLORENCE P. DWYER, New Jersey HENRY S. REUSS, Wisconsin

EDWARD J. DERWINSKI, Illinois MARTHA W. GRIFFITHS, Michigan

SEYMOUR HALPERN, New York THOMAS L. ASHLEY, Ohio

JAMES HARVEY, Michigan CHARLES A. VANIK, Ohio

TOM V. MOOREHEAD, Ohio J. T. RUTHERFORD, Texas

JOHN H. ROUSSELOT, California
WILLIAM S. MOORHEAD, Pennsylvania WILLIAM W. SCRANTON, Pennsylvania
CLEM MILLER, California
JACOB H. GILBERT, New York
EDWARD R. FINNEGAN, Illinois
ROBERT G. STEPHENS, JR., Georgia
FERNAND J. ST. GERMAIN, Rhode Island

ROBERT L. CARDON, Clerk and General Counsel
JOHN E. BARRIERE, Majority Staff Member,
ORMAN S. FINK, Minority Staff Member

ROBERT R. Poston, Counset

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SUBCOMMITTEE No. 3
ABRAHAM J. MULTER, New York, Chieman

972 LEONOR K. SULLIVAN, Missouri

WILLIAM B. WIDNALL, New Jersey CHARLES A. VANIK, Ohio

PAUL À. FÍNO, New York

ersey WILLIAM S. MOORHEAD, Pennsylvania EDWARD J. DERWINSKI, Ulinois CLEM MILLER, California

JOHN H. ROUSSELOT, California EDWARD R. FINNEGAN, Illinois

CONTENTS

H.R. 7102. A bill to create the American Export Credits Guaranty

Corporation.

H.R. 7103. A bill to create the American Export Credits Guaranty

Corporation..

H.R. 7266. A bill to encourage and promote the expansion through

private enterprise of domestic exports in world markets.

H.R. 8249. A bill to encourage and promote the expansion through

private enterprise of domestic exports in world markets.

H.R. 8381. A bill to amend the Export-Import Bank Act of 1945.-

Statement of —

Goldsby, Fred L., vice president-director, Chicago Bridge & Iron Co..

Linder, Hon. Harold F., President and Chairman of the Board,

Export-Import Bank of Washington; accompanied by Tom Killefer,

First Vice President and Vice Chairman; R. H. Rowntree, Chief,

Economics Division; and W. W. Glick, counsel.

Scafuro, Francis X., vice president, business relationship, Bank of

America International, representing the National Coordinating

Committee for Export Credit Guarantees; accompanied by S. E.

Hollis, consultant, National Coordinating Committee..

Additional data submitted to the subcommittee by-

Bank of America International:

American Export Credits Guaranty Corp., a summary of the

NCC plan.

Statement of Francis X. Scafuro, before Senate Committee on

Commerce, June 21, 1961..

World's principal export credit insuring systems.

Export-Import Bank of Washington:

Data on entities abroad and countries which provide credit in-

surance or guarantees for exporters.--

Forms of policies and guarantees of the Export-Import Bank of

Washington.---

Multer, Hon. Abraham J.:

Report on H.R. 7266, dated June 15, 1961, from the Export-

Import Bank of Washington by Harold F. Linder, president..

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