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Farms, - Village, Heads
Farms, - Village, Heads
Freight Train With Sugar Cone, Heads
Freight Train With Sugar Cone, Heads
Wheat Harvest Combine Tractor
Wheat Harvest Combine Tractor (TRANSFERRED TO PREVIEW CASSETTE #97485)
Throwing Flower On A Big Rock
Throwing Flower On A Big Rock
Man Working In Farm
Man Working In Farm
Stacking Bales Of Hay
Stacking Bales Of Hay
Farming
Farming
Loading Hay In A Wagon
Loading Hay In A Wagon
K.B. A.V. Farmland 27
K.B. A.V. Farmland 27
Old Time Farming (Some Foreign)
Old Time Farming (Some Foreign)
Sugar Cone Heads
Sugar Cone Heads (sugar cane?)
Lb 25
Lb 25
Man In Corn Field, Heads Out
Man In Corn Field, Heads Out
Transporting Sugar Canes By Wagon
Transporting Sugar Canes By Wagon
Harvesting Sugar Cane
Harvesting Sugar Cane
Agricultural Workers
Agricultural Workers
Tree Planting
Tree Planting
People Drinking Sugar Syrup
Preview Cassette 221552 People Drinking Sugar Syrup
Silo
Silo
Hawaii Sugarcane
Hawaii Sugarcane
Harvesting
Harvesting (sugar cane?)
August 2, 1994 - Part 11
(01:20:19) Senator SARBANES. So when was the meeting set up with Mr. McLarty? Mr. ALTMAN. I believe it was the day before. senator SARBANES. And you set that up by calling him and talkin with him? Mr. ALTMAN. Yes, sir. Senator SARBANES. And at that time your intention was to talk about the procedural aspects on this Mr. ALTMAN. Yes, sir. That's what I told him. Senator SARBANES. The talking points, I'm just trying to be clear because we get a lot of staff work too. I take it these were prepared and given to you as you were going off to the meeting. It wasn't Mr. ALTMAN. Essential] es, Senator. The CHAIRMAN. Could I follow up on that? I've not taken a turn for a while here. Senator SARBANES. I'm happy to give you time, The CHAIRMAN. Thank you for yielding. Do you recall whether or not the briefing sheet was something that Ms. Hanson or anybody else reviewed with you before you went over to the meeting?. Mr. ALTMAN. I don't believe so. I think I saw it as I left the office or on the way over. That's my best recollection. The CHAIRMAN. But you would have bad it, I assume. Did you have it with you? Mr. ALTMAN. When I arrived at the meeting? The CHAIRMAN. Yes. Mr. ALTMAN. Yes, Senator, I did. The CHAIRMAN. On this question you just stated a minute ago that the day before you were still up in the air on the recusal, you'd stopped in to see Secretary Bentsen to get his advice. I take it that sometime then, in a sense, between that meeting and the meeting in the White House on the 2nd, you actually had come to a judg- ment that you were going to go ahead and recuse ourself. And yourself when you got into the meeting you gave that indication and that's when Mr. Vussbaum reacted vigorously to the contrary; is thatdo I have that right? Mr. ALTMAN. Yes, sir. The CHAIRMAN. So sometime then in that 24-hour period you made the decision to go ahead and recuse yourself Now, when you were here before us, in the exchanges that we looked at on television and talked about here today, why don't you just take a look at page 63, if you have it there, of the Committee record, This gets into the exchange. This is Senator D'Amato asking this question at the top of page 63. And he says, and I' just going to read here, "I have to say to Mr. Altman that I would like to go back to a question that Senator Gramm brought up as it relates to any meetings with White House Staff or Counsel." Mr. Altman, I think you said that you and an official from Treasury sought out Mr. Nussbaum; is that correct? "Yes, I did." I assume this refers to the February 2 meeting. Then Senator D'Amato says , "Could you tell us why? In other words, I have difficulty understanding why it is you felt compelled to seek out the White House Counsel. You start to respond, you say "solely to insure," and then Senator D'Amato stops you there and says, "solely to" with a question mark. Then you respond "solely to be sure that he understood the legal and procedural framework within which the RTC was working. And then you go ahead and elaborate on this question of that procedural framework. Now someone could read and infer from that when you say, "solely to be sure," that that may have addressed what your initial purpose was, but sometime in the 24-hour period before that meeting, you reached the decision to recuse yourself and you raised that in the meeting and having raised it in a meeting, I think one could ask why wouldn't that then have been mentioned here? In other words this is after the fact, you are reviewing the meeting, I think it's fair to say you could be expected to have a recollection of it because there was this tension about the issue. Mr. Nussbaum, you know, reacts strongly to it and then, in fact, having reached that judgment you decide over the next 24 hours basically not to go ahead with the recusal and to put that issue, in a formal sense, in abeyance for about the next- oh, 21/2 weeks or so. So couldn't someone draw the conclusion here that that answer here, "solely to be sure," that he understood now coming after the fact, would look as if you were leaving out mention of the recusal study. I mean "solely" makes it sound as if that was all that was talked about and obviously it wasn't, so one way or another I think we' we've got to clear something like that up here.
Capital Journal - Tax Simplification
Summary: Capital Journal - Tax Simplification
August 3, 1994 - Part 1
(09:30:04) PBS funding credits (09:30:12) Whitewater hearings coverage title screen (09:30:24) Hearings hosts NINA TOTENBERG and DON BODE introduce day's hearing from tv studio and they also speak over footage of the Senate hearing room where people are congregating (09:35:10) Hearing begins: HEARINGS RELATING TO MADISON GUAR- ANTY S&L AND THE WHITEWATER DEVEL- OPMENT CORPORATION-WASHINGTON, DC PHASE VOLUME IV WEDNESDAY, AUGUST 3,1994 U.S. SENATE, COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS, Washington, DC. The Committee met at 9:30 a.m., in room 106 of the Dirksen Senate Office Building, Senator Donald W. Riegle, Jr. (Chairman of the Committee) presiding. OPENING STATEMENT OF CHAIRMAN RIEGLE The CHAIRMAN. The Committee will come to order. Let me welcome everyone in attendance today. It seems like it was not very long ago we were right back here in this room. I think we adjourned last night shortly after 2:00 a.m., so we are back at it this morning, Today we start the fourth day of the hearings being conducted here by the Senate Committee. on Banking, Housing, and Urban Affairs on the so- called Madison Whitewater matter authorized by Senate Resolution 229. I want to just indicate what our plan for the day will be before we go to our first witness today. We will have four panels that will appear before us in the course of the day. The first one will of course consist of hearing wig the Secretary of the Treasury, Mr. Lloyd Bentsen, who is here us now. The second panel will involve hearing Mr. Eugene Ludwig, who is the Comptroller of the Currency of the United States. The third panel will consist of Mr. Joel 10ein, who is Deputy Counsel to the President. Mr. Neil Eggleston, who is the Associate Counsel to the President. Mr. Clifford Sloan, also Associate Counsel to the President. And Beth Nolan who serves in the same capacity. The final panel will consist of Thomas "Mack" McLarty, the Senior Advisor to the President of the United States Former Chief of Staff to the President. And Ms. Margaret Williams, who serves as Chief of Staff to the First Lady of the United States. As with our prior hearings, we are looking forward to hearing from these witnesses so they can elaborate on the events relating 2 to that aspect of the resolution that we are operating under dealing with the question of whether any improper conduct occurred regarding communications between officials of the White House and the Department of the Treasury, or the Resolution Trust Corporation, relating to the Whitewater Development Corporation and Madison Guaranty Savings & Loan Association. Senator BOND. Mr. Chairman. The CHAIRMAN. Yes, Senator Bond. OPENING COMMENTS OF SENATOR BOND Senator BOND. Before you start, I have a parliamentary inquiry that has to do with the schedule. Yesterday, of course, you know for the first time, we heard Mr. Altman accuse Ms. Hanson of misleading him and the Committee and he told us, for the first time yesterday, that when he was asked if there were any contacts with the White House, after I asked him about the criminal referral, he turned to Ms. Hanson and she nodded her agreement with his answer. Now as far as I know this was not brought out in any of his sworn depositions, When he called me to tell me that there had been other contacts that he had known about, he did not mention that. It seems to me that the Committee ought to consider, in light of this new factor, whether it would be appropriate to bring Ms. Hanson back to comment on that, because we do have a conflict between the testimony of Mr. Altman and Ms. Hanson. And since this has just come up, I would just offer for your consideration, along with that of Senator D'Amato, whether it might be worth bringing Ms. Hanson back for follow up questions to see if her recollection squares with that of Mr. Altman as to what he asked her and what her nod in the negative implied at that time. That may have something to do with how we try to resolve the irreconcilable positions that Ms. Hanson and Mr. Altman had in that testimony. The CHAIRMAN. Well Senator Bond, I think it is a reasonable question, and particularly so because it was cited by Mr. Altman yesterday as part of his presentation, and we of course do not know at least her version of what that exchange was about. My initial instinct on this is to suggest-she was here for the better part of 6 or 7 hours, a long period of time. I would be inclined to want to have our-she has been deposed before-to have our Committee investigators depose her on this point, and to draw her out to let her tell her observations or her version of that situation, and then based on that deposition addition or that new deposition on that point, then make a judgment as to whether we need to have her back in here or not? Senator SHELBY. Mr. Chairman.