February 7, 1964
Page 2375
Mr. MUSKIE. Mr. President, I rise in support of the amendment proposed by the junior Senator from Connecticut and I compliment him for his leadership in this matter.
During the course of hearings held by the Special Senate Subcommittee on Air and Water Pollution, I have been impressed with the need for legislation to encourage industries to attack their pollution control problems. The reluctance of companies to invest in non-income-producing equipment is understandable. However, the threat that air and water pollution presents to the health and safety of every American is most serious and requires immediate attention.
I believe that the modest revenue loss contemplated by this amendment will pay dividends many times over. Unless industry is encouraged to make a substantial investment in pollution control equipment, we will never be successful in meeting this problem.
I have seen the ravages of pollution throughout the country. I have also seen what research specialists have developed and are in the process of developing to meet this threat. If we are to meet the total national need in this area, we must have the full cooperation of our Nation's industries. I am convinced that this bill would provide the incentive needed to encourage them to mount a concerted attack on this problem.
Passage of this amendment will contribute to the health and safety of every American, help to preserve our Nation's natural beauty, and eliminate property losses of thousands of dollars annually.