Mr. Speaker, let me just say, I am sure that the historical accomplishments of Birch Bayh have been covered well by my colleagues. All I want to say is, though he is in the other party, he is a heck…
Mr. Speaker, let me just say, I am sure that the historical accomplishments of Birch Bayh have been covered well by my colleagues. All I want to say is, though he is in the other party, he is a heck of a nice guy.
You can tell a lot about people by their children. Evan Bayh, who is the United States Senator from Indiana and the son of Birch and Marvella Bayh, is in the other party, and we have our differences like all people do on a political basis, but Evan is a real credit to the institution of the United States Senate, and I think a lot of that is due to his mother and his father. Birch Bayh and Marvella Bayh did an outstanding job in raising Evan, and I think he is doing a good job in the United States Senate.
Let me just say that Birch Bayh, who was elected to the United States Senate, I think, when he was 34 years old, did a good job for the State of Indiana, and his wife Marvella was a real leader in Indiana as well.
One of the things that I most appreciate about Birch Bayh was a personal attachment that I received from him when my wife was suffering from breast cancer. His wife, Marvella, died of cancer, as my wife did, and he showed a great deal of concern for me and my family while we were going through that tragedy. And anybody like that, I think, deserves accolades from people regardless of their party affiliation.
Senator Bayh is a fine human being, and he was a fine United States Senator. His wife Marvella was a credit to the State of Indiana, and their son Evan is doing a fine job in the United States Senate and is a credit to both his mother and father. And I want to add my two cents to the applause for Birch Bayh, and I think it is a fine and fitting thing that we are doing here today by naming the Federal building after him.
Born in Terre Haute in 1928, it seemed that Birch Bayh was destined for success. He received an undergraduate degree in Agriculture with distinction from Purdue University, and divided his time after graduating between farming and politics.
In 1955, Birch Bayh became a member of the Indiana General Assembly, and in 1957, he enrolled in law school. While still a law student, he was elected Speaker of the Indian House.
Senator Bayh was a skilled politician and excellent student. He received the prestigious Edwards Scholarship, which is awarded for merit and he graduated with distinction in 1960. However, as we all know, the story doesn't end there!
In 1962, at the age of 34, he was elected to the U.S. Senate and Senator Bayh went on to serve three terms.
As ranking member of the Senate Judiciary Committee, Senator Bayh was considered one of the Senate's foremost experts in constitutional law. As Chairman of the Subcommittee on the Constitution, he wrote and sponsored two amendments to the Constitution: the twenty-fifth amendment (for Presidential succession in case of death or disability) and the twenty-sixth amendment (lowering the voting age to 18).
From 1977 to 1980, Senator Bayh was Chairman of the Senate Select Committee on Intelligence. During his tenure as Chairman, he helped strengthen intelligence gathering while protecting American citizens from abuses of their rights.
Senator Bayh also served on the Senate Public Works Subcommittee on the Environment for 10 years.
In 1976, Senator Bayh entered the race for President of the United States. I have an Internet copy of a Birch Bayh for President 1976 Campaign Brochure. ``Senator Birch Bayh--The Democratic candidate for President with a plan for economic recovery . . .'' All one has to do is change the date and name and it could be used for the 2004 elections.
Senator Bayh's distinguished career goes beyond the Beltway. He was the founding partner in the Washington DC law firm of Bayh, Connaughton & Malone. He also served as the chairman of the Institute Against Prejudice and Violence from 1984 to 1994.
Senator Bayh is currently working for the Washington, DC law firm of Venable, Baetjer, Howard & Civilette as a member of the Government Division's Legislative.
Also, Senator Bayh was appointed to the J. William Fulbright Foreign Scholarship Board by former President Clinton on July 20, 1995 and was reappointed in 1997 and 2000 for a term expiring September 22, 2003.
Senator Bayh's accomplishments are a source of pride for my home state of Indiana. I wish him congratulations on this designation.
[From a Birch Bayh for President 1976 Campaign Brochure]
Senator Birch Bayh--The Democratic Candidate for President With a Plan
for Economic Recovery . . .
``We need a President who is less concerned that too many
jobs will cause inflation, and more concerned that too few
jobs will cause human suffering.''
Two Republican Administrations following a deliberate
policy of planned unemployment, have led us through two
recessions and record inflation. Only a genius for ineptitude
could have produced recession and inflation together. Only a
totally insensitive Republican Administration could have
tolerated both.
Despite some evidence that the current recession has hit
bottom, the American economy is still a long way from
recovery. Economic recovery will not come naturally. Economic
recovery cannot be sustained by doing nothing. Only positive
government action now can produce and sustain an economic
recovery broad enough to put America back to work. That is
the number one priority for a President today . . . and
tomorrow . . .
With unemployment at 8.6 percent and American industry
operating at two thirds of capacity, the President's concern
that too strong a recovery will reignite an inflationary
spiral is misplaced. We need a President who is less
concerned that too many jobs will cause inflation, and more
concerned that too few jobs will cause human suffering.
Nearly 8 million Americans are still unemployed, while
millions more are either underemployed or have given up
looking for employment. We are losing $200 billion a year in
our gross national product--that's more than $3,000 for each
American family and yet inflation continues because
Republican economics is blind to the cost of oil monopolies
and grain deals.
Unemployment cannot cure our current inflation--not only is
it morally wrong, it is bad economics. Inflation is a serious
problem, but the record of the last 5 years is clear--
increasing unemployment does not reduce the monopolistic
price of energy; increasing unemployment does not drive down
the price of food. It only adds to the welfare rolls and
increases unemployment insurance costs.
jobs . . .
I believe that putting Americans back to work is the single
most important task facing the President. A President
committed to putting Americans back to work can do just that
by:
Proposing a major tax cut for low and middle income
families. We need to restore consumer confidence and
stimulate consumer spending. That is the surest way to expand
production and provide jobs. We need a tax cut plain and
simple, without any political gimmicks about budget-cutting.
The President's proposal to balance a tax cut with a budget
cut is unacceptable economic policy. It will not produce and
sustain economic recovery.
Pressuring the Federal Reserve to expand the money supply
substantially and hold interest rates down. We can't afford
to have the Federal Reserve working against an expansionary
fiscal policy. A restrictive monetary policy and higher
interest rates will short-circuit economic recovery before it
is even underway. In order to avoid repeating the mistakes of
monetary policy, we need to curb the independence of the
Federal Reserve. That requires a Federal Reserve Board
responsive to the public interest--shorter terms for members
and publicly arrived at targets for monetary expansion are
necessary ingredients in reforming the Fed.
Proposing a public service jobs program. We can find useful
employment for the innocent victims of Republican engineered
recessions. For example, I was successful in obtaining funds
for a railroad track rehabilitation program that will put
thousands of unemployed railroad workers back on the job--a
job that needs to be done.
Preventing a New York City default by developing a national
guarantee program that will enable state governments to
assist their hard pressed cities. We will never have economic
recovery if New York City defaults and the municipal bond
market collapses. Our recovery is much too fragile to absorb
the shock of default--to say nothing of the disastrous
consequences of the increased cost of borrowing for every
state and local jurisdiction in the nation.
Proposing an anti-recessionary revenue sharing program that
is triggered on and off by the unemployment rate. We need to
temporarily compensate state and local governments for the
increased costs of welfare and for the fall off in revenues
that both result from a failure of national economic policy.
inflation . . .
Despite a major recession, inflation is still a serious
problem? Why? Because of:
A failure in energy policy;
A failure in food policy; and
The monopoly market power of a few firms.
Energy--Oil and gas prices must be regulated. As long as
OPEC maintains its solidarity and the major domestic oil
companies are permitted to follow their non-competitive
practices, there will be no free market in energy. Decontrol
of oil and deregulation of natural gas prices will force all
prices upward, increasing the Consumer Price Index by four
percent. That is clearly inflationary.
Food--Food prices are subject to wide fluctuations in world
demand, and weather conditions that affect production. We
can't control world demand nor the weather, but we can
insulate food prices from these forces by establishing a
strategic grain reserve to achieve a better balance between
supply and demand. A strategic reserve would have to include
safeguards against dumping for political ends--but properly
administered it could mean adequate supplies with price
stability and that is in the long-term interests of family
farmers and consumers alike.
Monopoly Pricing--When 20 oil companies control more than
75 percent of all oil production, refining and marketing in
the U.S., and more than 90 percent of the oil pipeline
capacity, it is clear they have the ability to set prices
without regard to competition or market forces. And that is
exactly what the oil companies are doing. Instead of letting
the oil and other monopolistic forces repeal the law of
supply and demand, we must take decisive action. That is why
I have introduced and held hearings on legislation to break
up the major domestic oil companies. We have a serious
problem. We need a firm response.
Our economy is at a crucial turning point. The problems of
skyrocketing energy and food costs and the inability of the
free market to function effectively have led me to conclude
that recent policy failures are the result of an outdated
view of the American economy. Therefore, I am proposing the
establishment of a Temporary National Economic Committee--
similar to the Committee established by President Roosevelt
in 1938--to publicly investigate the concentration of
economic power in America today.
If economic power is too heavily concentrated in the hands
of a few, then we need stronger anti-trust action. I want the
free enterprise system to work.
Announcement by the Speaker Pro Tempore