HEARINGS

BEFORE THE

COMMITTEE ON

GOVERNMENT OPERATIONS
UNITED STATES SENATE

NINETY-THIRD CONGRESS

SECOND SESSION

ON

S. 704, S. 770, S. 3604, S. 4155, S. 4167, and S.J. Res. 256

NOVEMBER 21, 22, AND 25, 1974

ᏢᎪᎡᎢ 1

DEPOSIT

TPR & 1975

SHIPPED

Printed for the use of the Committee on Government Operations

43-262

U.S. GOVERNMENT PRINTING OFFICE
WASHINGTON: 1974

For sale by the Superintendent of Documents, U.S. Government Printing Office
Washington, D.C. 20402 - Price $4.60

Ash, Roy L., Director, Office of Management and Budget.

Engman, Lewis A., Chairman, Federal Trade Commission_

Kirkpatrick, Miles W., former Chairman, Federal Trade Commission...

FRIDAY, NOVEMBER 22, 1974

Garrett, Ray, Jr., Chairman, Securities and Exchange Commission _ - -

Nassikas, John N., Chairman, Federal Power Commission...

Simpson, Richard O., Chairman, U.S. Consumer Product Safety Com-

mission

Wiley, Richard E., Chairman, Federal Communications Commission.........

Houthakker, Hendrik S., professor of economics, Harvard University-

Rouse, Andrew M., senior vice president, Insurance Company of North

America Corp--

MONDAY, NOVEMBER 25, 1974

Kauper, Thomas E., Assistant Attorney General, Department of Justice,

Antitrust Division, accompanied by Joe Sims, special assistant__

Turner, James, attorney, Washington, D.C., author of "Chemical Feast".

Melody, Dr. William H., associate professor of communications economics,

Annenberg School of Communications, University of Pennsylvania.

Godown, Richard D., senior vice president and general counsel of the

National Association of Manufacturers___

STATEMENTS

Ash, Roy L., Director, Office of Management and Budget - - -

3

Brock, Hon. Bill, a U.S. Senator from the State of Tennessee, prepared

statement..

11

Engman, Lewis A., Chairman, Federal Trade Commission.

30

Prepared statement.

33

Garrett, Ray, Jr., Chairman, Securities and Exchange Commission.

Prepared statement..

61

67

Prepared statement.

Godown, Richard D., senior vice president and general counsel of the
National Association of Manufacturers.

Houthakker, Hendrik S., professor of economics, Harvard University.
Kauper, Thomas E., Assistant Attorney General, Department of Justice,
Antitrust Division, accompanied by Joe Sims, special assistant...

Kirkpatrick, Miles W., former Chairman, Federal Trade Commission..

Melody, Dr. William H., associate professor of communications economics,

Annenberg School of Communications, University of Pennsylvania..

Prepared statement....

Nassikas, John N., Chairman, Federal Power Commission_

Prepared statement...

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