SPEAKER INDEX    CONTENTS   INSERTS   
BACHUS           6      9      1     10     11     12     56     70     72  
                76     80     83     84     88     92     96     97     98  
                99    100    101    102    110    116    117     12     13  
                16     20     21     22     23     24     28     32     33  
                37     40     42     47     48     52     53  
BAKER           28     29     40     61     62     66     68  
BARR            57     58     59     60     61     62  
BENTSEN         43     46     47    111    114    116  
BURNS           76     96     97     99    109  
GONZALEZ        53     56  
HAMMOND         17     21     23     25     26     33     34     35     51  
                54     56     61     62     63     67  
HINOJOSA        66     68  
KANJORSKI       11     62     63  
KELLY           13     38     39     40     41     42  
MENDENHALL      71     72    100    101    104    117  
MEYER           14     20     21     22     23     24     27     28     32  
                36     37     38     39     40     41     42     45     46  
                50     51     58     59     60     61  
NIELSEN         80  
OXLEY            7  
PARSONS         92     97     98    105    106    114    115  
RILEY           48     50     51     52  
ROEBUCK         88  
ROUKEMA         12  
SHERMAN          9  
TORRES          84    107  
WATERS           5     24     25     26     27     28  
WATT            33     34     35     37    102    104    105    106    107  
               109  
WELDON          11  

CONTENTS    SPEAKERS   INSERTS   
STATEMENT OF HON. LAURENCE J. MEYER, MEMBER, BOARD OF GOVERNORS, FEDERAL RESERVE SYSTEM
                                                                 PAGE    13

STATEMENT OF HON. DONALD V. HAMMOND, ACTING UNDER SECRETARY FOR DOMESTIC FINANCE, DEPARTMENT OF 
THE TREASURY
                                                                 PAGE    16

STATEMENT OF RICHARD A. MENDENHALL, PRESIDENT, NATIONAL ASSOCIATION OF REALTORS
                                                                 PAGE    71

STATEMENT OF PHILIP M. BURNS, CHAIRMAN AND CEO, FARMERS & MERCHANTS NATIONAL BANK, WEST POINT, NE, 
ON BEHALF OF THE AMERICAN BANKERS ASSOCIATION
                                                                 PAGE    76

STATEMENT OF ROBERT NIELSEN, PRESIDENT, SHELTER PROPERTIES, INC., ON BEHALF OF THE NATIONAL 
ASSOCIATION OF HOME BUILDERS
                                                                 PAGE    80

STATEMENT OF FRANK TORRES, LEGISLATIVE COUNSEL, CONSUMERS UNION
                                                                 PAGE    84

STATEMENT OF JOHN ROEBUCK, CAI, AARE, CHAIRMAN OF THE BOARD, NATIONAL AUCTIONEERS ASSOCIATION
                                                                 PAGE    88

STATEMENT OF RICHARD J. PARSONS, EXECUTIVE VICE PRESIDENT, BANK OF AMERICA CORP., ON BEHALF OF 
FINANCIAL SERVICES ROUNDTABLE
                                                                 PAGE    92


INSERTS    SPEAKERS   CONTENTS   
NO INSERTS IN THIS HEARING