S. 3664

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP79-00957A000100100018-0
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 17
• Document Creation Date: December 16, 2016
• Document Release Date: July 21, 2005
• Sequence Number: 18
• Publication Date: September 14, 1976
• Content Type: OPEN

September, 1 , 2976. :C+p. Gf SSIONAL_RCOR:D- SENATE
the part of the Senate. E)nator CHURCH can be notified. public. It erodes public confidence in the
mous consent that the bill (H.R. 13367)':-:ante id my request to exclude those two Bribery of foreign officials by some U.S.'
be- printed. with the amendment of the ..-amendments. * , companies casts,: 'a shadow on all U.S.
Senate.: ; . ? . --Mr.- PROXMIRE.' The two . Church companies. It-makes it harder for any
VOTES ON TREATIES COMORROW
. _ .,-. ordered. -'It. puts pressure on ethical- enterprises
ties which were to begin at I p.m. to or The- PRESIDING OFFICER.:'Under ernment and the marketplace; against
feted, were to begin at,2 p.m. tomorrow,`: purposes.: . a or o er barrass friendly reg}mes and lowers the
begin instead at 1:30 p.m.; with the first esteem for the United. States-among the
which;:-under...the: order :previously en- -such ace to maintain accurate,records, to 'proper payments invariably tends to em--
prohibit certain bribes nd f th
as in executive session, I ask unanimous Exchange Act of '1934 to require issuers of se- porations also 'creates - severe foreign
consent that the votes on -the treaties curities registered pursuant to section 12-of policy problems.` The revelations ofim- .
the aus`'eT~H.R: 3605 an act tovamend be granted the privileges of .the.floorBribery. byU.S.;companies .also un-
desk pending further deliberation the t'LGLS1ll1NG OFFICER. Without icany accountable governments and 1;:ro-
disoosal. objection, it is so ordered. fessionalized.civil services In developing
bill before us this afternoon deals with a - Mr. President, the question is,-what Is
objection?, Without objection,. it is so or- ~,__ ~,-- ------.,,
,.a,r uag uaW..O ib iJLU JICLIL wnicri? '"---'- ?, - "..." ~'+i"'L ?'~`-'?.,'L'L' ".."
RIvI xloox ` has been recognized by all those who tmously. :S=Uoi.i._nL,te bill adopts the
%
_-_ -.__ _- ,,,,,,,,,,,, ,,, ,,, .LLy uLa uuces.economic emciency. ;,o our objec- have this kind of law on the books to
derstanding that the Senator from Idaho tive should be to end those bribes in the make sure that this responsibility, is
(Mr. CHURCH) has - two amendments most effective way we can. legally affective.
which I think are germane but I am not More importantly, bribery is simply This sect iohi '~~ rns
sure. I would anoreetatp it very -1-1h, if ?nufhi,. 1 To- :.. ,.---- .__,.ti __-__ tt a crime for
y.a I'll vau..aVC7 bU ILL- . +ata.. yuLyvlG VL--bIL'Qb iJfUV161011,- 01
ask unanimous consent that all amend- - fluence usiness decisions corrodes the course, is to make sure that the;man-
ntents in connection with this bill be re- free enterprise system. Bribery short cir- agement of a. company -controls its
quired to be germane. cults the marketplace., Where bribes are assets, and that if people- representing
The PRESIDING OFFICER Is there paid, business is directed not to the most . a company make a bribe payment, it is
objection? efficient-producer but to the most cor- = possible to hold the top officials of the
Mr. PR.OXMIRF Mr: President, re-., runt.-This misannrataa pn,,,.,-,,, T. .-
o
e
J, es _eon.. - fltlj coat 1 1
The? PRESIDING OFFICER. Without and humiliation to many-Americanswho Les3. allot ie reir6i6n-
objection, it Is-so ordered. believe so strongly in our free enterprise tations on company books .w Fabr n.m
system. ~.:e a SO'IT3'Ble'"iTfleetiaTs"ilta`aci;ua
-GERMANENESSOr.AMENDMENTS
Paradise be. granted the-privileges of the danger to governments in foreign coup-. wit malarLement'struction , tFrat
floor. during-the consideration of S. 3664 tries, the danger that they may fall; and transactions will be aeclt entrrdt~ci, ,
f th it:has been a source of embarrassm
nt thataceess to ngrate assets is care--
and an
imousconsent that Tom Brooks, Tony: panies znat nave embarras,,ed foreign cs2xrtrszts_siitnr,rnt o sure that trans;-
C1uff, OR Bray, Lamar Smith--and Steve -countries,?,'that have resulted -in great- actions will be exe i.iz ~_ coxtfarice
munity. It is something which has been ?` s atute If we. sae . to enforce bite laws L, I
Jae? ? Beaton of .: the staff of Senator
BARTLET2: ^ -:-- . a:very serious weakness of our free en- ,against bribery,, and this- is, one, of the
The PRESIDING OFFICER Without terprise system. a ,urgent requirements recommended by
. objection, it is so ordered. ?-.It' has been disclosed that there have the commission.
Treasury, the committees of Con r irialntiT1-acCTlr'SCG~"
Treasury,
~fSi.3a and -d-
t die-floor during ,the consideration of S. and g e s' .rat is essen Ial that there be su . .
3664 and any votes thereon., and also Mr. many _people in the buaness coal- t
LinouS- consent- that Mr.Dick-Bryan, of- ucub ui-bile Un1Gei n7?Gates, the Secre- .rh~Lj`L =; iLtilyi55y {} c rCilt.Ares ri,.
my- staff be accorded the privileges of tart'- of State, the Secretary "oE the iaor~mg companies to create stir- Cx
Approved For.Reiease,24105/08/03: CiA=RDP77S-.00$57A0.00 1, I