Ask the Scholar

Document scope · 1 page
doc
Scholar
Ask about this object, its catalog metadata, its source description, or the page inventory. For page-specific OCR and visual context, open one of the page chats.

Scholar Source Context

Document identity
localId
323152118
label
Hispanic Business Leaders - Rose Garden 7/28/92 [OA 5810]
core
doc
dtoType
document
pageCount
1
Source metadata
Source extras
naId
323152118
levelOfDescription
fileUnit
recordType
description
ocrSource
nara-archive
Single page context
seq
1
pageIndex
0
type
document
mediaId
b708fedbef70c3b1
ocrText
Originally Processed With FOIA(s): FOIA Number: S S FOIA MARKER This is not a textual record. This is used as an administrative marker by the George Bush Presidential Library Staff. Record Group/Collection: George H.W. Bush Presidential Records Collection/Office of Origin: Speechwriting, White House Office of Series: Speech File Draft Files Subseries: Chron File, 1989-1993 OA/ID Number: 13633 Folder ID Number: 13633-003 Folder Title: Hispanic Business Leaders - Rose Garden 7/28/92 [OA 5810] Stack: Row: Section: Shelf: Position: G 26 18 3 6 -ge Bush, 1992 Administration of George Bush, 1992 / July 28 1343 The Remarks to Hispanic Business The economy is growing, albeit too slowly. iceship Leaders Hispanic-owned businesses are in the van- July 28, 1992 guard of this growth, in the forefront of creat- ing new, good jobs for Americans. And we Nice to see you all. Thank you, and wel- need to grow faster. And we know what's .nded Wiscon- come to the Rose Garden. May I just say holding us back. Let me sum it up in a simple son for his ef- a word at the beginning of the great con- sentence: Government is too big. The Gov- youth appren- fidence I have in Secretary Barbara Franklin, ernment side is too big, and it spends too isin youth ap- our new Secretary of Commerce, and in our much. An old guard of tax-and-spend politi- very able Ambassador, Carla Hills, who is aken in part- cians has controlled Congress for most of 40 ent of Labor, doing a superb job hammering out the de- years. And believe me, that is a fact. Already eed money to tails, trying to achieve this NAFTA agree- this year I've given Congress a choice be- egrated state- ment; also continuing to work, both of them, tween economic growth and big Govern- and job train- on the need to get a worldwide agreement ment. And Congress sided with the big Gov- out the State. on successful conclusion to the Uruguay ernment. round of GATT. But we are very, very fortu- Here's what happened. And I recite this nate in this country to have this kind of lead- history because I think it's important you rican students ership in these two terribly important jobs. have it in mind when you go up to Capitol xperience dif- May I say to Jesus Chavarria, the editor Hill. In January I proposed a commonsense, employment. and publisher of Hispanic Business, thank comprehensive plan to get this economy hable them to you for your leadership in bringing together moving faster, right then. The plan includes he rapid pace so many dynamic men and women from the tax incentives to encourage businesses to hire nds not only Hispanic-owned businesses. Frankly-you new workers and breaks for young families levels of edu- want to hear it for him? Okay, let's do it. who want to buy a first home. Half a million [Applause] Why don't you stand up? jobs would have been created if the Congress drop out view But it's a wonderful thing that you do, and had acted right away. ration for col- I'm sure everybody here would agree with That didn't happen. Instead Congress gh school rel- that. But people across the country ought to passed a package of new Government spend- in the future. know of this and ought to agree because, ing and new taxes. They knew I would have ich in many really, you enliven this country. You're keep- to veto that package. And SO I did. And I tween school ing America great, all these businesspeople sent the plan back, and I'm still waiting al- vailable as an here. And we salute you. most 200 days later. This economic recovery We do believe in the future, and we know nts. plan is being held hostage, and the ransom how to get there. Obviously, our future de- note reads, I think we all know this, "Wait pends on freedom. Freedom works, and free- until after the election." outh Appren- dom is right. And as I see this free economic We need that first-time credit. We need d to Congress system working with you at the helms, you the investment tax allowance. We need to te developing are the heroes of the economy because you change these IRA's. We need to move on The Federal create jobs, you meet a payroll. The only peo- capital gains to create more small businesses. ition and seed ple with a tougher challenge might be either The party that controls Congress is holding roposed legis- one of two people: the coach of the Angolan jobs and free enterprise hostage. They talk 1992, White basketball team-[laughter]-or maybe, about class warfare, about squeezing more really, the guy that shot the arrow to light from the rich. What they don't say is that 's directive to the torch. You talk about courage. Brent more than half of those affected by the pro- to work with Scowcroft said, "I think somebody was up posed hike in individual tax rates are family ceship initia- there with a cigarette lighter just in case it farmers, small business men and women, research and missed." [Laughter] But nevertheless-hey, people just like yourselves. So you are out en initiated in wait a minute, we've got to be serious here. there trying to create jobs, and you need a You have come to Washington at a tough pat on the back, not $100 billion in new taxes time, too late for the cherry blossoms, just and Federal mandates on your shoulders. the Office of in time for the humidity. And today I'd like I do understand that you're going up to ed a detailed to add a little heat because I really have Capitol Hill later, and I'd ask you to take gram. something that's on my mind. a message up there with you: Tell the Mem- 1344 July 28 / Administration of George Bush, 1992 bers we need quicker growth now, and tell We've consulted closely with the Congress them to approve these growth initiatives that and with business leaders every step of the are still up there without delay. Tell them way in these negotiations. Again, I just can't to release the economy and approve the jobs tell you the number of hours that Carla Hills program and put America back to work right and her team has spent, properly so, in my now. view, but with the various business and labor We're together today because we also and environmental interests all across our share a vision for the long term. We want country, keeping them informed, getting to build a solid future, a future for our coun- their suggestions, bringing them along. We try in the world economy. And one of the made commitments to Congress last year, most exciting developments in our Nation's and we are going to meet each and every history is coming now to fruition. You've one of them. And when we wrap up the heard about it here this morning. I'm talking, agreement, it's going to be a good deal for obviously, about the North American free American consumers and businesses and es- trade agreement. Our negotiators reported pecially for American workers. solid progress from meetings in Mexico last To me, ideas like free trade are worth weekend. And they're going to meet again, fighting for because, really, you've got to put I think, in just a few days; we're very close it in the broad context. We're fighting for to completing an agreement. And that agree- our children's futures. I know that's not po- ment will mean more jobs, more growth, litically popular in all places. I know there's more opportunity for American workers. an awful lot of special interests that are lined Look at the numbers. During the recent up against a potential free trade agreement; partial opening of the Mexican market since we understand that. 1986, U.S. exports to Mexico have almost tri- Too many of us in national politics often pled. They have almost tripled. More than act like an old South Carolina Senator some 600,000 American workers now owe their of you may remember, Olin Johnston. He jobs to trade with Mexico. We enjoy a robust didn't like to cover anything controversial in trade surplus with Mexico, $2.1 billion last these newsletters that he sent out to his con- year. And it's estimated that we'll achieve a stituents. He told his aide, "Just put in a col- surplus of more than $8 billion this year. The umn about communism." The aide complied, new jobs created by trade with Mexico are writing a crackerjack column exposing the to be found not only in the border States evils of communism, putting the good Sen- but all across the country. Our top 10 States ator squarely on the side of America. The exporting to Mexico, let me just click off Senator read the draft, and he said, "Son, some, include Michigan, Illinois, New York, how many Communists do you think we have Pennsylvania, and Florida. They don't exactly in South Carolina? The aide answered, border the Rio Grande. "Well, I suppose maybe five or six." And the When the trade agreement goes to Con- Senator replied, "Well, just make sure they gress, not if but when, we are going to need don't get this newsletter." [Laughter] the utmost help from each and every one Well, I guess Carla knows and Barbara of you. Please don't have any illusions that knows and I know that more than five or this is going to be an easy fight. The leader- six people are going to stand against free ship of Hispanic business men and women trade. But I'm not going to back down. You was crucial, crucial in winning that Fast know it's right, and I know it's right. And Track effort that I heard Carla discussing just just on this one, trust me to do what is right before I came out here. This new round of for America and to do what's right for the the battle will make Fast Track seem easy future. by comparison; we know that. But we are So I hope you'll agree with me. And inas- ready, and we've got to be sure we keep— much as NAFTA, we're talking about mainly the battle itself for this must be nonpartisan Mexico today, I might peripherally say I am or bipartisan or however you want to look very proud that we have such a good bilateral at it. We need support from everybody to relationship with that important republic to get this done. our south. It's never been better. And once leorge Bush, 1992 Administration of George Bush, 1992 / July 29 1345 with the Congress again, I'd like to salute President Carlos Sali- Message to the Senate Transmitting every step of the nas, the President of Mexico, who's working the Russia-United States Investment Again, I just can't very closely with us to bring this agreement Treaty *S that Carla Hills to fulfillment. July 28, 1992 roperly so, in my And one last point I want to make. There usiness and labor isn't any political timing on this. Carla ex- To the Senate of the United States: ts all across our plained to you the timing, the realities of the With a view to receiving the advice and nformed, getting law and what we must comply with and how consent of the Senate to ratification, I trans- them along. We we must do it. But in spite of opposition, mit herewith the Treaty Between the United ongress last year, nobody is going to turn this one into a politi- States of America and the Russian Federa- [ each and every cal football because we're going forward to tion Concerning the Encouragement and Re- we wrap up the do something what is right for the United ciprocal Protection of Investment, with Pro- : a good deal for States. tocol and related exchanges of letters, signed businesses and es- So thank you all very much for what the at Washington on June 17, 1992. I transmit rs. Hispanic businessmen and businesswomen also, for the information of the Senate, the trade are worth are doing to build a very solid foundation for report of the Department of State with re- you've got to put Ve're fighting for the future. And on this very beautiful day, spect to this treaty. ow that's not po- may God bless you all and the United States of America. S. I know there's This treaty creates a favorable legal frame- ests that are lined Thank you very, very much. work for U.S. investment in Russia. By adopt- trade agreement; Note: The President spoke at 9:35 a.m. in ing the treaty's high standards for protection the Rose Garden at the White House. of U.S. investment, Russia seeks to encour- onal politics often age the U.S. private sector to invest in Russia. ina Senator some Statement by Press Secretary For the United States Government, the trea- lin Johnston. He Fitzwater on the President's Meeting ty serves the goals of aiding Russia's transi- g controversial in With President-Elect Sixto Duran- tion to a market economy and of strengthen- ent out to his con- Ballen of Ecuador ing our bilateral economic ties. "Just put in a col- July 28, 1992 he aide complied, In addition, the treaty is fully consistent mn exposing the The President met this afternoon with with U.S. policy toward international invest- ng the good Sen- President-elect Sixto Duran of Ecuador. The ment. A specific tenet, reflected in this trea- of America. The President congratulated President-elect ty, is that U.S. investment abroad and foreign d he said, "Son, Duran on his election to the Presidency of investment in the United States should re- you think we have Ecuador and commended the people of Ec- ceive fair, equitable, and nondiscriminatory aide answered, uador for the peaceful, democratic way they treatment. Under this treaty, the Parties also ve or six." And the have chosen their leaders in three Presi- agree to international law standards for ex- st make sure they dential elections since 1979. The President propriation and expropriation compensation; Laughter] assured Mr. Duran that the United States free transfers of funds associated with invest- OWS and Barbara hore than five or wants to maintain excellent relations with his ments; and the option of the investor to re- tand against free country and support Ecuador's efforts at eco- solve disputes with the host government ) back down. You nomic reform and regional narcotics co- through international arbitration. w it's right. And operation. I recommend that the Senate consider this o do what is right President-elect Duran will be inaugurated at's right for the on August 10, 1992. The United States will treaty as soon as possible, and give its advice be represented by a special Presidential mis- and consent to ratification of the treaty, with sion. protocol and related exchanges of letters, at ith me. And inas- President Bush last met President-elect an early date. king about mainly "pherally say I am Duran in March of 1987, when he visited George Bush ch a good bilateral Ecuador in the aftermath of a major earth- The White House, ortant republic to quake. better. And once July 28, 1992. Document No. 340344ss WHITE HOUSE STAFFING MEMORANDUM DATE: 7/27/92 ACTION/CONCURRENCE/COMMENT DUE BY: --- PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS SUBJECT: TUESDAY, 7/28/92 - 9:30 a.m. ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY PROVOST CALIO SMITH DEMAREST YEUTTER FITZWATER FINDLAY GRAY KAUFMAN HOLIDAY MCGROARTY FIRESTONE REMARKS: The attached has been forwarded to the President. RESPONSE: PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 THE WHITE HOUSE WASHINGTON 2 JUL 27 P5: 10 July 27, 1992 MEMORANDUM FOR THE PRESIDENT THROUGH: STEVE PROVOST Martasp FROM: JOSEPH P. DUGGAN P. SUBJECT: PROPOSED REMARKS FOR HISPANIC BUSINESS LEADERS I. SUMMARY On Tuesday, July 28, at 9:30 a.m., you will address approximately 250 Hispanic business leaders in the Rose Garden. II. DISCUSSION Your remarks (approximately 9 minutes / cards), highlight the Administration's growth package still awaiting action in Congress, and they outline the benefits of NAFTA to small businesses. (Duggan/Walters/Nix) July 27, 1992 Draft Five 2 JUL 27 P5: 09 HB PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS THE ROSE GARDEN THE WHITE HOUSE TUESDAY, JULY 28, 1992 9:30 A.M. [Acknowledgments] Welcome to the White House. Jesus [Chavarria, editor and publisher of Hispanic Business], thanks for your leadership in bringing together so many dynamic women and men from Hispanic-owned businesses. You enliven this country, you're keeping America great -- each one of you. 11 We're together today because we believe in the future -- and we know how to get there. Our future depends on freedom. Freedom works. Freedom is right. 11 You've come to Washington at a tough time: Too late for the cherry blossoms, just in time for the humidity. And today, for the next few minutes, I just might add a little heat. 11 The economy is growing -- Hispanic-owned businesses are in the vanguard of this growth, in the forefront of creating good new jobs for Americans. We need to grow faster, and we know what's holding us back. Let me sum it up in a single sentence: Government is too big -- and it spends too much. 11 An old guard of tax-and-spend politicians has controlled Congress for most of the past 40 years. Already this year, I've given Congress a choice between economic growth and big government. Congress took sides with big government. Here's what happened: In January, I proposed a common- sense, comprehensive plan to get this economy moving faster, 2 right now. The plan includes tax incentives to encourage businesses to hire new workers and breaks for young families who want to buy a first home. Half a million jobs would have been created, if if Congress had acted right away. But they didn't. Instead, Congress passed a package of new government spending and new taxes. A package they knew I'd veto. So I sent their plan back. I'm still waiting almost 200 days later. This economic recovery plan is being held hostage, and the ransom note reads: "wait till after the election." The party that controls the Congress is holding jobs and free enterprise hostage to their hopes that they can elect a tax- and-spend partisan of their very own to the White House. The other party talks about "class warfare" about squeezing more from the so-called "rich." What they don't say is that more than half of those affected by their proposed hike in individual tax rates are family farmers small business men and women people like yourselves. \ You're trying to create jobs. You need a pat on the back not $100 billion in new taxes and federal mandates on your shoulders. 11 I understand you're going up to Capitol Hill later in the day. I'd ask you to take a message up there with you: Tell your members of Congress we need quicker growth now. Tell them to approve my growth initiatives -- without delay. Tell them to release this economy, \ approve my jobs program, and put America back to work now. 3 You and I are together today because we also share a vision for the long term: We want to build a solid foundation for America's future in the world economy. And one of the most exciting developments in our nation's history is coming now to fruition. I'm talking about the North American Free Trade Agreement. Our negotiators reported solid progress from the meetings in Mexico City last weekend. They'll meet again [date and place]. We're very close to completing an agreement that will mean more jobs / more growth /more opportunity for American workers. Look at the numbers: During the recent, partial opening of the Mexican markets since 1986, U.S. exports to Mexico have almost tripled. More than 600,000 American workers now owe their jobs to trade with Mexico. We enjoy a robust trade surplus with Mexico -- $2.1 billion last year, and it's estimated we'll achieve a surplus of more than $8 billion this year. The new jobs created by trade with Mexico are to be found not only in the border states, but all across the country. Our top ten states exporting to Mexico now include Michigan, Illinois, New York, Pennsylvania and Florida. When the trade agreement goes to Congress -- not if, but when -- I'll need the utmost help from each and every one of you. Please don't have any illusions this will be an easy fight. The leadership of Hispanic business men and women was crucial in winning our fast-track effort last year. This new round of the battle will make fast-track seem easy by comparison. Very 4 frankly I'm worried about my opponent. He pays lip service to open trade -- but when it comes to a real decision, I'm worried he'll put his proxy in the pockets of the big unions, the ideological interest groups, and the protectionist faction in Congress. We've consulted closely with Congress and with business leaders every step of the way in these negotiations. We made commitments to Congress last year, and we will meet each one of them. And when we wrap up the North American Free Trade Agreement, it will be a good deal for American consumers and businesses -- and especially American workers. 11 America faces a choice this year between starkly different philosophies. The other side doesn't trust the American people with their own earnings, with their own property, with their own plans and dreams for the future. I'm going to stand up for something different. Something that's right for America. Even if it's not politically popular. To me ideas like free trade are worth fighting for -- because we're fighting for our children's future. So don't let the pessimists faze you. Don't let political smoke and mirrors obscure your vision of the prize that's ahead for our kids and grandchildren. Our future is as bright as it has ever been. For my part, I'm leading the campaign to elect a new Congress. I'm determined to break the logjam of the old politics. Next year, with a radically different Congress -- a 5 Congress that's ready to act -- we'll work to restore government that lives within limits. \ Government that respects people's labor and property. \ Government that has faith in our ability to compete in foreign markets. \ Government that trusts the American people. 11 Thank you for joining me here today. I understand your next stop is the Commerce Department, where Barbara Franklin and her experts will load you up on facts. Dispassionately, I'm sure. What's more Barbara's building has air-conditioning. 11 Thanks again for all that Hispanic businessmen and women are doing to build a solid foundation for our future. May God bless all of you. # # # HISPANIC BUSINESS LEADERS \ THE ROSE GARDEN TUESDAY, JULY 28, 1992 \ 9:30 A.M. SECRETARY OF COMMERCE BARBARA FRANKLIN, U.S. TRADE REPRESENTATIVE CARLA HILLS, THANK YOU. To ALL OF YOU, WELCOME TO THE WHITE HOUSE. JESUS [CHAVARRIA, EDITOR AND PUBLISHER OF HISPANIC BUSINESS], THANKS FOR YOUR LEADERSHIP IN BRINGING TOGETHER so MANY DYNAMIC WOMEN AND MEN FROM HISPANIC-OWNED BUSINESSES. You ENLIVEN THIS COUNTRY, YOU'RE KEEPING AMERICA GREAT -- EACH ONE OF YOU. 11 - 2 - WE'RE TOGETHER TODAY BECAUSE WE BELIEVE IN THE FUTURE -- AND WE KNOW HOW To GET THERE. OUR FUTURE DEPENDS ON FREEDOM. FREEDOM WORKS. FREEDOM IS RIGHT. 11 YOU'RE THE HEROES OF OUR ECONOMY. You CREATE JOBS, YOU MEET A PAYROLL. THE ONLY PEOPLE WITH A TOUGHER CHALLENGE MIGHT BE THE COACH OF THE ANGOLAN BASKETBALL TEAM OR THAT GUY WHO SHOT THE ARROW TO LIGHT THE ... OLYMPIC TORCH. - 3 - You've COME TO WASHINGTON AT A TOUGH TIME: Too LATE FOR THE CHERRY BLOSSOMS, JUST IN TIME FOR THE HUMIDITY. AND TODAY, FOR THE NEXT FEW MINUTES, IF YOU DON'T MIND, I'D LIKE TO ADD A LITTLE HEAT. \ 'CAUSE I'VE GOT SOMETHING ON MY MIND. \ THE ECONOMY IS GROWING - -- HISPANIC-OWNED BUSINESSES ARE IN THE VANGUARD OF THIS GROWTH, IN THE FOREFRONT OF CREATING GOOD NEW JOBS FOR AMERICANS. WE NEED TO GROW FASTER, AND WE KNOW WHAT'S HOLDING US BACK. TT - 4 - LET ME SUM IT UP IN A SINGLE SENTENCE: GOVERNMENT IS TOO BIG -- AND IT SPENDS TOO MUCH. 11 AN OLD GUARD OF TAX-AND-SPEND POLITICIANS HAS CONTROLLED CONGRESS FOR MOST OF THE PAST 40 YEARS. ((AND BELIEVE ME, THIS IS NOT A BROKEN RECORD: \ IT'S THE SAME OLD TUNE -- IT'S CALLED THE MIDDLE CLASS BLUES.)) 11 ALREADY THIS YEAR, I'VE GIVEN CONGRESS A CHOICE BETWEEN ECONOMIC GROWTH AND BIG GOVERNMENT. CONGRESS TOOK SIDES WITH BIG GOVERNMENT. - 5 - HERE'S WHAT HAPPENED: IN JANUARY, I PROPOSED A COMMON-SENSE, COMPREHENSIVE PLAN TO GET THIS ECONOMY MOVING FASTER, RIGHT NOW. THE PLAN INCLUDES TAX INCENTIVES TO ENCOURAGE BUSINESSES TO HIRE NEW WORKERS AND BREAKS FOR YOUNG FAMILIES WHO WANT TO BUY A FIRST HOME. HALF A MILLION JOBS WOULD HAVE BEEN CREATED, IF IF CONGRESS HAD ACTED RIGHT AWAY. - 6 - BUT THEY DIDN'T. INSTEAD, CONGRESS PASSED A PACKAGE OF NEW GOVERNMENT SPENDING AND NEW TAXES. A PACKAGE THEY KNEW I'D VETO. So I SENT THEIR PLAN BACK. I'M STILL WAITING. ALMOST 200 DAYS LATER. THIS ECONOMIC RECOVERY PLAN IS BEING HELD HOSTAGE, AND THE RANSOM NOTE READS: "WAIT TILL AFTER THE ELECTION." - 7 - THE PARTY THAT CONTROLS THE CONGRESS IS HOLDING JOBS AND FREE ENTERPRISE HOSTAGE TO THEIR HOPES THAT THEY CAN ELECT A TAX-AND-SPEND PARTISAN OF THEIR VERY OWN TO THE WHITE HOUSE. THE OTHER PARTY TALKS ABOUT "CLASS WARFARE" ABOUT SQUEEZING MORE FROM THE so- ... CALLED "RICH." WHAT THEY DON'T SAY IS THAT MORE THAN HALF OF THOSE AFFECTED BY THEIR PROPOSED HIKE IN INDIVIDUAL TAX RATES ARE FAMILY FARMERS ... SMALL BUSINESS MEN AND WOMEN ... PEOPLE LIKE YOURSELVES. \ - 8 - You're TRYING TO CREATE JOBS. You NEED A PAT ON THE BACK ... NOT $100 BILLION IN NEW TAXES AND FEDERAL MANDATES ON YOUR SHOULDERS. 11 I UNDERSTAND YOU'RE GOING UP TO CAPITOL HILL LATER IN THE DAY. I'D ASK YOU TO TAKE A MESSAGE UP THERE WITH YOU: TELL YOUR MEMBERS OF CONGRESS WE NEED QUICKER GROWTH NOW. TELL THEM TO APPROVE MY GROWTH INITIATIVES -- WITHOUT DELAY. 11 - 9 - TELL THEM TO RELEASE THIS ECONOMY, \ APPROVE MY JOBS PROGRAM, AND PUT AMERICA BACK TO WORK ... NOW. 11 You AND I ARE TOGETHER TODAY BECAUSE WE ALSO SHARE A VISION FOR THE LONG TERM: WE WANT To BUILD A SOLID FOUNDATION FOR AMERICA'S FUTURE IN THE WORLD ECONOMY. AND ONE OF THE MOST EXCITING DEVELOPMENTS IN OUR NATION'S HISTORY IS COMING NOW To FRUITION. I'M TALKING ABOUT THE NORTH AMERICAN FREE TRADE AGREEMENT. - 10 - OUR NEGOTIATORS REPORTED SOLID PROGRESS FROM THE MEETINGS IN MEXICO CITY LAST WEEKEND. THEY LL MEET AGAIN IN A FEW DAYS. WE'RE VERY CLOSE TO COMPLETING AN AGREEMENT THAT WILL MEAN MORE JOBS / MORE GROWTH /MORE OPPORTUNITY FOR AMERICAN WORKERS. LOOK AT THE NUMBERS: DURING THE RECENT, PARTIAL OPENING OF THE MEXICAN MARKETS SINCE 1986, U.S. EXPORTS TO MEXICO HAVE ALMOST TRIPLED. - 11 - MORE THAN 600,000 AMERICAN WORKERS NOW OWE THEIR JOBS TO TRADE WITH MEXICO. WE ENJOY A ROBUST TRADE SURPLUS WITH MEXICO -- $2.1 BILLION LAST YEAR, AND IT'S ESTIMATED WE'LL ACHIEVE A SURPLUS OF MORE THAN $8 BILLION THIS YEAR. THE NEW JOBS CREATED BY TRADE WITH MEXICO ARE TO BE FOUND NOT ONLY IN THE BORDER STATES, BUT ALL ACROSS THE COUNTRY. OUR TOP TEN STATES EXPORTING TO MEXICO NOW INCLUDE MICHIGAN, ILLINOIS, NEW YORK, PENNSYLVANIA AND FLORIDA. - 12 - WHEN THE TRADE AGREEMENT GOES To CONGRESS -- NOT IF, BUT WHEN -- I'LL NEED THE UTMOST HELP FROM EACH AND EVERY ONE OF YOU. PLEASE DON'T HAVE ANY ILLUSIONS THIS WILL BE AN EASY FIGHT. THE LEADERSHIP OF HISPANIC BUSINESS MEN AND WOMEN WAS CRUCIAL IN WINNING OUR FAST-TRACK EFFORT LAST YEAR. THIS NEW ROUND OF THE BATTLE WILL MAKE FAST-TRACK SEEM EASY BY COMPARISON. - 13 - VERY FRANKLY I'M WORRIED ABOUT MY OPPONENT. HE PAYS LIP SERVICE TO OPEN TRADE -- BUT WHEN IT COMES TO A REAL DECISION, I'M WORRIED HE'LL PUT HIS PROXY IN THE POCKETS OF THE BIG UNIONS, THE IDEOLOGICAL INTEREST GROUPS, AND THE PROTECTIONIST FACTION IN CONGRESS. \\ WE'VE CONSULTED CLOSELY WITH CONGRESS AND WITH BUSINESS LEADERS EVERY STEP OF THE WAY IN THESE NEGOTIATIONS. WE MADE COMMITMENTS TO CONGRESS LAST YEAR, AND WE WILL MEET EACH ONE OF THEM. - 14 - AND WHEN WE WRAP UP THE NORTH AMERICAN FREE TRADE AGREEMENT, IT WILL BE A GOOD DEAL FOR AMERICAN CONSUMERS AND BUSINESSES -- AND ESPECIALLY AMERICAN WORKERS. 11 AMERICA FACES A CHOICE THIS YEAR BETWEEN STARKLY DIFFERENT PHILOSOPHIES. THE OTHER SIDE DOESN'T TRUST THE AMERICAN PEOPLE WITH THEIR OWN EARNINGS, WITH THEIR OWN PROPERTY, WITH THEIR OWN PLANS AND DREAMS FOR THE FUTURE. - 15 - I'M GOING TO STAND UP FOR SOMETHING DIFFERENT. SOMETHING THAT'S RIGHT FOR AMERICA. To ME IDEAS LIKE FREE TRADE ARE WORTH FIGHTING FOR -- BECAUSE WE'RE FIGHTING FOR OUR CHILDREN'S FUTURE. I KNOW THAT'S NOT POLITICALLY POPULAR IN ALL PLACES. Too MANY OF US IN NATIONAL POLITICS TOO OFTEN ACT LIKE AN OLD SOUTH CAROLINA SENATOR, OLIN JOHNSTON. THE SENATOR DIDN'T LIKE TO COVER ANYTHING CONTROVERSIAL IN HIS NEWSLETTER TO HIS CONSTITUENTS. - 16 - HE TOLD HIS AIDE, JUST PUT IN A COLUMN ABOUT COMMUNISM. THE AIDE COMPLIED, WRITING A CRACKERJACK COLUMN EXPOSING THE EVILS OF COMMUNISM AND PUTTING THE GOOD SENATOR SQUARELY ON THE SIDE OF AMERICA. THE SENATOR READ THE DRAFT AND ASKED, "SON, HOW MANY COMMUNISTS DO YOU THINK WE HAVE IN SOUTH CAROLINA?" THE AIDE ANSWERED, "I SUPPOSE FIVE OR SIX." SENATOR JOHNSTON REPLIED, "JUST MAKE SURE THEY DON'T GET THIS NEWSLETTER." - 17 - WELL, I KNOW THAT MORE THAN FIVE OR SIX PEOPLE ARE GOING TO STAND AGAINST FREE TRADE. BUT I'M NOT GOING TO BACK DOWN. You KNOW IT'S RIGHT, AND I KNOW IT'S RIGHT. LET'S DO WHAT IS RIGHT FOR AMERICA -- LET'S DO WHAT'S RIGHT FOR THE FUTURE. I HOPE YOU'LL AGREE WITH ME. THANKS AGAIN FOR ALL THAT HISPANIC BUSINESSMEN AND WOMEN ARE DOING TO BUILD A SOLID FOUNDATION FOR OUR FUTURE. MAY GOD BLESS ALL OF YOU. # # # THE WHITE HOUSE WASHINGTON July 27, 1992 MEMORANDUM FOR DAN McGROARTY FROM: ROGER B. PORTER RBP SUBJECT: Presidential Remarks: Hispanic Business Leaders We have reviewed the attached presidential remarks and have noted a few suggested changes on the draft. If you have any questions or we can be of further assistance, please let us know. CC: Phillip D. Brady 92 JUL 28 JUL 28 49:3 Document No. 340344ss JMH WHITE HOUSE STAFFING MEMORANDUM wm TA DATE: 7/24/92 ACTION/CONCURRENCE/COMMENT DUE BY: MON. 7/27/92 10:00 am PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS SUBJECT: THE ROSE GARDEN - 7/28/92 - 9:30 am ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY PROVOST CALIO SMITH DEMAREST YEUTTER FITZWATER FINDLAY GRAY KAUFMAN HOLIDAY MCGROARTY FIRESTONE REMARKS: Please forward your comments directly to Dan McGroarty, RM. 122, x2930, no later than 10:00 a.m., MONDAY, JULY 27, with a copy to this office. Thank you. RESPONSE: PHILLIP D. BRADY Assistant to the President. and Staff Secretary Ext. 2702 (Duggan/Walters/Nix) July 23, 1992 2 2 JUL.24 P1:11 Draft Two HB. PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS THE ROSE GARDEN THE WHITE HOUSE TUESDAY, JULY 28, 1992 9:30 A.M. [Acknowledgments] Welcome to the White House. Jesus [Chavarria, editor and publisher of Hispanic Business], thanks for your leadership in bringing together so many dynamic women and men from Hispanic-owned businesses. You enliven this country, you're keeping America great -- each one of you. 11 Your dreams and your hard work animate every kind of industry all across this country. There's Irma Elder from Michigan whose thriving business is -- what else -- selling cars. There's Frank Flores from the printing industry in New York. And Benjamin Acevedo, with a lumber company in California. And executives from the largest minority-owned bank in the United States -- the Sanchez family's IBC in Laredo, Texas. We're together today because we believe in the future -- and we know how to get there. Our future depends on freedom. Freedom works. Freedom is right. 11 All around the world, dictatorships are giving way to democracy. Command-and-control economies are falling on the ash: heap. As never before in the history of the world, people are free to think and to speak -- free to live and work and worship as they wish. They're choosing new governments that respect people's freedom to buy and to sell and to create. 11 In the Western Hemisphere, freedom's tide has never been 2 higher. If I may make a prediction, that tide will soon drown Latin America's last dictatorship -- the Castro regime. And on. the crest of that tide will rise a new democracy in Cuba. 11 It used to be that one of the great certainties in our lives was the East-West struggle, the Cold War. Now that we've won SOME that long battle to change the world around us, people are going through a little period of pondering and questioning our future here at home. Let me just say that each one of us has cause to be confident. Don't let the pessimists faze you -- don't let the political haze we're passing through obscure your vision of the prize that's ahead for our kids and grandchildren. America's OTHERS future has never been brighter -- because you and people like 7 yourselves are fully joined in the domestic battle to keep America free. ? Right now, we're renewing the freedoms that foster new thinking and create new jobs. I'm overhauling the entire system of federal government regulation. This year alone, I've directed an unprecedented cutback of controls and red tape that have no place in a free society. [details with impact on jobs and consumers] I'm fighting to halt the epidemic of lawsuits -- a hidden tax on your business. It's time we sued each other less and helped each other more. I'm fighting the old politics of tax and spend. I'm battling to spur new investment and job creation by cutting the 3 tax on capital gains. 11 When I sent my legal reform bill to Capitol Hill, our opponents said no. They and their friends in the trial lawyers' lobby circled the wagons, closed ranks, and hung tough to protect the status quo. 11 When I I asked for tax breaks for young homeowners, when AND I asked J for the capital gains cut we need so urgently --Vour IN RESPONSE opponents passed a bill to raise your taxes by a hundred billion dollars. This time, I said no -- I cast my veto. 11 Next year we'll see a change. Next year we'll have a dramatically different Congress. Next year, I am confident, we'll break the logjam of the old politics. We'll win legal reform and tax relief. We'll restore government that lives within limits. \ Government that respects people's labor and property. \ Government that trusts the American people. 11 One the most exciting developments in our nation's history is coming to fruition right now -- the North American Free Trade Agreement. [report latest status of NAFTA] Everyone wins through open trade with Mexico and Canada. Open trade will make each of us better neighbors and closer friends. Open trade will offer tremendous new opportunities for people to invent, and I produce and take MARKET new goods and services, to to market 2/ [export STET examples] Open trade will fuel the growth of jobs. in the United States of America. During the recent, partial opening of the Mexican markets since 1986, U.S. exports to Mexico have almost tripled. 4 That has meant the creation of more than 300,000 new jobs. We enjoy a robust trade surplus with Mexico -- $2.1 billion last year. And the new jobs created by trade with Mexico are to be found not only in the border states, but all across the country. Our top ten states exporting to Mexico now include Michigan, Illinois, New York, Pennsylvania and Florida. When the trade agreement goes to Congress -- not if, but when -- I'll need the utmost help from each and every one of you. Please don't have any illusions this will be an easy fight. Don't count on candor from our opponents. Some politicians pay lip service to open trade -- but when it's time for a real decision, they put their proxies in the pockets of the big unions and the ideological interest groups. And I scarcely need to tell this audience about this ugliness we've heard. I don't like to think this kind of thing still happens in America, but we've heard it. We've heard the whispering campaign that doesn't even pretend to address economics. It's the old appeal to prejudice. 11 You know, I've spent my entire adult life -- starting businesses in west Texas and on the Gulf of Mexico, later in public service -- pursuing better understanding between Americans and our neighbors. I like to think I've made a contribution to peace and prosperity certainly in our hemisphere, but also around the world. So when these old attitudes of prejudice begin to stir, I will stand against them. 11 I'll stand against any attempt to turn back the clock. 11 I'll stand against 5 intolerance and nativism in any form. In the next century, our kids -- and indeed, some of you younger entrepreneurs -- will help make commonplace things that now exist only in dreams: faster travel, cultural progress, cures for diseases. The dream of open trade and strong, respectful ties between the workers \ the business people \ and the families \ of Mexico, Canada and the United States is so near it's almost palpable. Let's resolve together, today, to make that dream real -- to make it a solid foundation for our future. Thank you, and may God bless all the people of the Americas. # # # Document No. 340344ss WHITE HOUSE STAFFING MEMORANDUM DATE: 7/27/92 ACTION/CONCURRENCE/COMMENT DUE BY: --- PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS SUBJECT: TUESDAY, 7/28/92 - 9:30 a.m. ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY PROVOST CALIO SMITH DEMAREST YEUTTER FITZWATER FINDLAY GRAY KAUFMAN HOLIDAY MCGROARTY FIRESTONE REMARKS: The attached has been forwarded to the President. RESPONSE: PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 THE WHITE HOUSE WASHINGTON 2 JUL 27 P5: 10 July 27, 1992 MEMORANDUM FOR THE PRESIDENT THROUGH: STEVE PROVOST Martasp FROM: JOSEPH P. DUGGAN P. SUBJECT: PROPOSED REMARKS FOR HISPANIC BUSINESS LEADERS I. SUMMARY On Tuesday, July 28, at 9:30 a.m., you will address approximately 250 Hispanic business leaders in the Rose Garden. II. DISCUSSION Your remarks (approximately 9 minutes / cards), highlight the Administration's growth package still awaiting action in Congress, and they outline the benefits of NAFTA to small businesses. T- (Duggan/Walters/Nix) Steves changes July 27, 1992 Draft Five HB (doa if overlook ANIC BUSINESS LEADERS ROSE GARDEN long john a back of WHITE HOUSE DAY, JULY 28, 1992 A.M. [Ac] P.4. Duely White House. Jesus [Chavarria, spanic Business], thanks for your leadership in bringing together so many dynamic women and men from Hispanic-owned businesses. You enliven this country, you're keeping America great -- each one of you. 11 We're together today because we believe in the future -- and we know how to get there. Our future depends on freedom. Freedom works. Freedom is right. You've come to Washington at a tough time: Too late for the cherry blossoms, just in time for the humidity. And today for the next few minutes, I just might add a little heat. Van are the you heror, of The economy is growing -- Hispahic-owned businesses are in as econom/ the vanguard of this growth, in the forefront of creating good Curvi You ereate new jobs for Americans. We need to grow faster, and we know job, you what's holding us back. Let me sum it up in a single sentence: meet 4 payrolle Government is too big -- and it spends too much. 11 gat an I've n somethin " JUME The only are An old guard of tax-and-spend politicians has controlled with a tougher juint Congress for most of the past 40 years. Already this year, I've Hage given Congress a choice between economic growth and big in government. Congress took sides with big government. Here's what happened: In January, I proposed a common- couch sense, comprehensive plan to get this economy moving faster, Angolien barkilfull team or that guy who shot that arton to light He torch attle olympits. 2 right now. The plan includes tax incentives to encourage businesses to hire new workers and breaks for young families who want to buy a first home. Half a million jobs would have been created, if if Congress had acted right away. But they didn't. Instead, Congress passed a package of new government spending and new taxes. A package they knew I'd veto. So I sent their plan back. I'm still waiting. almost 200 days later. This economic recovery plan is being held hostage, and the ransom note reads: "wait till after the election." The party that controls the Congress is holding jobs and free enterprise hostage to their hopes that they can elect a tax- and-spend partisan of their very own to the White House. The other party talks about "class warfare" about squeezing more from the so-called "rich. "/ What they don't say is that more than half of those affected by their proposed hike in individual tax rates are family farmers small business men and women people like yourselves. You're trying to create jobs. You need a pat on the back not $100 billion in new taxes and federal mandates on your shoulders. 11 I understand you're going up to Capitol Hill later in the day. I'd ask you to take a message up there with you: Tell your members of Congress we need quicker growth now. Tell them to approve my growth initiatives -- without delay. Tell them to release this economy, \ approve my jobs program, and put America back to work now. 3 You and I are together today because we also share a vision for the long term: We want to build a solid foundation for America's future in the world economy. And one of the most exciting developments in our nation's history is coming now to fruition. I'm talking about the North American Free Trade Agreement. Our negotiators reported solid progress from the meetings in Mexico City last weekend. They'll meet again [date and place]. We're very close to completing an agreement that will mean more jobs / more growth /more opportunity for American workers. Look at the numbers: During the recent, partial opening of the Mexican markets since 1986, U.S. exports to Mexico have almost tripled. More than 600,000 American workers now owe their jobs to trade with Mexico. We enjoy a robust trade surplus with Mexico -- $2.1 billion last year, and it's estimated we'll achieve a surplus of more than $8 billion this year. The new jobs created by trade with Mexico are to be found not only in the border states, but all across the country. Our top ten states exporting to Mexico now include Michigan, Illinois, New York, Pennsylvania and Florida. When the trade agreement goes to Congress -- not if, but when -- I'll need the utmost help from each and every one of you. Please don't have any illusions this will be an easy fight. The leadership of Hispanic business men and women was crucial in winning our fast-track effort last year. This new round of the battle will make fast-track seem easy by comparison. Very I know more tha five or sit people are going tootad against tice tracle. $ But I'm not going to back down, You Know its right, act. I know, i/s right. Lets do what is right far America, lets do what's right for the future. 4 frankly I'm worried about my opponent. He pays lip service to open trade but when it comes to a real decision, I'm worried he'll put his proxy in the pockets of the big unions, the ideological interest groups, and the protectionist faction in Congress. 11 We've consulted closely with Congress and with business leaders every step of the way in these negotiations. We made commitments to Congress last year, and we will meet each one of them. And when we wrap up the North American Free Trade Agreement, it will be a good deal for American consumers and businesses -- and especially American workers. America faces a choice this year between starkly different philosophies. The other side doesn't trust the American people with their own earnings, with their own property, with their own plans and dreams for the future. I'm going to stand up for something different. Something that's right for America. Even if it's not politically popular. To me ideas like free trade are worth fighting for -- because we're fighting for our children's future. So don't let the pessimists faze you. Don't let political smoke and mirrors obsoure your vision of the prize that's ahead for our kids and grandchildren. Our future is as bright as it has ever been. For my part, I'm leading the campaign to elect a new Congress. I'm determined to break the logjam of the old politics. Next year, with a radically different Congress -- a I know this if not politically popular in all planes. Two May of urih national politier tou after act like an oldsouth Carolina Serator, Oliver Johnstan Johnstan didn Hike to cover orything controvarid in Git new-letter hame to his contituent. and He told his add just a cclumn about communism. The aid complied writing a crajuact column exparing the evit ofcommurary adputity the good saator squarely a the side at Amorica. Johson read the draft and said, "son how may communists you think we have in South Grolina. The aide said, five arout. Johren repliced jurtmake rum there they don get this 5 Congress that's ready to act -- we'll work to restore government that lives within limits \ covernment that respects people's labor and property. \ Government that has faith in our ability to compete in foreign markets. \ Government that trusts the American people. Thank you for joining me here today. I understand your next stop is the Commerce Department, where Barbara Franklin and her experts will load you up on facts. Dispassionately, I'm sure. What's more Barbara's building has air-conditioning. 11 Thanks again for all that Hispanic businessmen and women are doing to build a solid foundation for our future. May God bless all of you. # # # I ho,pe you agree with me. Document No. 340344ss WHITE HOUSE STAFFING MEMORANDUM 92 JUL 27 A10: 10 DATE: 7/24/92 ACTION/CONCURRENCE/COMMENT DUE BY: MON. 7/27/92 10:00 am PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS SUBJECT: THE ROSE GARDEN - 7/28/92 - 9:30 am ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY PROVOST CALIO SMITH DEMAREST YEUTTER FITZWATER FINDLAY GRAY KAUFMAN HOLIDAY MCGROARTY FIRESTONE REMARKS: Please forward your comments directly to Dan McGroarty, RM. 122, x2930, no later than 10:00 a.m., MONDAY, JULY 27, with a copy to this office. Thank you. RESPONSE: See comments PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 (Duggan/Walters/Nix) July 23, 1992 =2 JUL 24 P1:11 Draft Two HB PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS THE ROSE GARDEN THE WHITE HOUSE TUESDAY, JULY 28, 1992 9:30 A.M. [Acknowledgments] Welcome to the White House. Jesus [Chavarria, editor and publisher of Hispanic Business], thanks for your leadership in bringing together so many dynamic women and men from Hispanic-owned businesses. You enliven this country, you're keeping America great -- each one of you. 11 Your dreams and your hard work animate every kind of industry all across this country. There's Irma Elder from Michigan whose thriving business is -- what else -- selling cars There's Frank Flores from the printing industry in New York. And Benjamin Acevedo, with a lumber company in California. And executives from the largest minority-owned bank in the United States -- the Sanchez family's IBC in Laredo, Texas. We're together today because we believe in the future -- and we know how to get there. Our future depends on freedom. Freedom works. Freedom is right. All around the world, dictatorships are giving way to democracy. Command-and-control economies are falling on the ash heap. As never before in the history of the world, people are free to think and to speak -- free to live and work and worship as they wish. They're choosing new governments that respect people's freedom to buy and to sell and to create. 11 In the Western Hemisphere, freedom's tide has never been 2 higher. If I may make a prediction, that tide will soon drown Latin America's last dictatorship -- the Castro regime. And on the crest of that tide will rise a new democracy in Cuba. 11 It used to be that one of the great certainties in our lives was the East-West struggle, the Cold War. Now that we've won that long battle to change the world around us, people are going through a little period of pondering and questioning our future here at home. Let me just say that each one of us has cause to be confident. Don't let the pessimists faze you -- don't let the political haze we're passing through obscure your vision of the prize that's ahead for our kids and grandchildren. America's future has never been brighter -- because you and people like yourselves are fully joined in the domestic battle to keep. America free. Right now, we're renewing the freedoms that foster new thinking and create new jobs. I'm overhauling the entire system of federal government regulation. This year alone, I've directed an unprecedented cutback of controls and red tape that have no place in a free society. [details with impact on jobs and consumers] I'm fighting to halt the epidemic of lawsuits -- a hidden tax on your business. It's time we sued each other less and helped each other more. 11 I'm fighting the old politics of tax and spend. I'm battling to spur new investment and job creation by cutting the 3 tax on capital gains. 11 When I sent my legal reform bill to Capitol Hill, our opponents said no. They and their friends in the trial lawyers' lobby circled the wagons, closed ranks, and hung tough to protect the status quo. When I asked for tax breaks for young homeowners, when I asked for the capital gains cut we need so urgently -- our opponents passed a bill to raise your taxes by a hundred billion dollars. This time, I said no -- I cast my veto. 11 Next year we'll see a change. Next year we'll have a dramatically different Congress. Next year, I am confident, we'll break the Togjam of the old politics. We'll win legal reform and tax relief. We'll restore government that lives within limits. \ Government that respects people's labor and property. \ Government that trusts the American people. 11 One the most exciting developments in our nation's history is coming to fruition right now -- the North American Free Trade Agreement. [report latest status of NAFTA] Everyone wins through open trade with Mexico and Canada. Open trade will make each of us better neighbors and closer friends. Open trade will offer tremendous new opportunities for people to invent and produce and take new goods and services to market. [export examples] Open trade will fuel the growth of jobs in the United States of America. During the recent, partial opening of the Mexican markets since 1986, U.S. exports to Mexico have almost tripled. Seenites next 4 page That has meant the creation of more than 300,000 new jobs. We enjoy a robust trade surplus with Mexico -- $2.1 billion last year. And the new jobs created by trade with Mexico are to be found not only in the border states, but all across the country. Our top ten states exporting to Mexico now include Michigan, Illinois, New York, Pennsylvania and Florida. When the trade agreement goes to Congress -- not if, but when -- I'll need the utmost help from each and every one of you. Please don't have any illusions this will be an easy fight. Don't count on candor from our opponents. Some politicians pay lip service to open trade -- but when it's time for a real decision, they put their proxies in the pockets of the big unions and the ideological interest groups. 11 And I scarcely need to tell this audience about this ugliness we've heard. I don't like to think this kind of thing still happens in America, but we've heard it. We've heard the whispering campaign that doesn't even pretend to address economics. It's the old appeal to prejudice. 11 You know, I've spent my entire adult life -- starting businesses in west Texas and on the Gulf of Mexico, later in public service -- pursuing better understanding between Americans and our neighbors. I like to think I've made a contribution to peace and prosperity certainly in our hemisphere, but also around the world. So when these old attitudes of prejudice begin to stir, I will stand against them. 11 I'll stand against any attempt to turn back the clock. 11 I'll stand against 07/27/92 09:47 001 (Larry Matlack 3262) Page 4, the numbers are not consistent with the numbers submitted earlier. Earlier documents say -- 600,000 workes owe their jobs to trade with Mexico USTR estimates 624,000 jobs generated through 1991 by exports to Mexico $2.1B trade surplus -- also, a much larger estimate (8-9B) for '92. 5 intolerance and nativism in any form. 11 In the next century, our kids -- and indeed, some of you younger entrepreneurs -- will help make commonplace things that now exist only in dreams: faster travel, cultural progress, cures for diseases. The dream of open trade and strong, respectful ties between the workers \ the business people \ and the families \ of Mexico, Canada and the United States is so near it's almost palpable. Let's resolve together, today, to make that dream real -- to make it a solid foundation for our future. Thank you, and may God bless all the people of the Americas. # # # Document No. 340344ss WHITE HOUSE STAFFING MEMORANDUM DATE: 7/24/92 ACTION/CONCURRENCE/COMMENT DUE BY: MON. 7/27/92 10:00 am PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS SUBJECT: THE ROSE GARDEN 7/28/92 - 9:30 am ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT NK X MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY PROVOST CALIO SMITH N/C DEMAREST YEUTTER Shiree working w/Jae FITZWATER FINDLAY GRAY KAUFMAN HOLIDAY MCGROARTY FIRESTONE REMARKS: Please forward your comments directly to Dan McGroarty, RM. 122, x2930, no later than 10:00 a.m., MONDAY, JULY 27, with a copy to this office. Thank you. RESPONSE: Dalled at 9AM me called at 10AM mg * called at 11AM MC PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 (Duggan/Walters/Nix) July 23, 1992 2 JUL 24 P1:11 Draft Two HB PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS THE ROSE GARDEN THE WHITE HOUSE TUESDAY, JULY 28, 1992 9:30 A.M. [Acknowledgments] Welcome to the White House. Jesus [Chavarria, editor and publisher of Hispanic Business], thanks for your leadership in bringing together so many dynamic women and men from Hispanic-owned businesses. You enliven this country, you're keeping America great -- each one of you. 11 Your dreams and your hard work animate every kind of industry all across this country. There's Irma Elder from Michigan whose thriving business is -- what else -- selling cars. There's Frank Flores from the printing industry in New York. And Benjamin Acevedo, with a lumber company in California. And executives from the largest minority-owned bank in the United States -- the Sanchez family's IBC in Laredo, Texas. We're together today because we believe in the future -- and we know how to get there. Our future depends on freedom. Freedom works. Freedom is right. 11 All around the world, dictatorships are giving way to democracy. Command-and-control economies are falling on the ash heap. As never before in the history of the world, people are free to think and to speak -- free to live and work and worship as they wish. They're choosing new governments that respect people's freedom to buy and to sell and to create. 11 In the Western Hemisphere, freedom's tide has never been 2 higher. If I may make a prediction, that tide will soon drown Latin America's last dictatorship -- the Castro regime. And on the crest of that tide will rise a new democracy in Cuba. It used to be that one of the great certainties in our lives was the East-West struggle, the Cold War. Now that we've won that long battle to change the world around us, people are going through a little period of pondering and questioning our future here at home. Let me just say that each one of us has cause to be confident. Don't let the pessimists faze you -- don't let the political haze we're passing through obscure your vision of the prize that's ahead for our kids and grandchildren. America's future has never been brighter -- because you and people like yourselves are fully joined in the domestic battle to keep. America free. Right now, we're renewing the freedoms that foster new thinking and create new jobs. I'm overhauling the entire system of federal government regulation. This year alone, I've directed an unprecedented cutback of controls and red tape that have no place in a free society. [details with impact on jobs and consumers] I'm fighting to halt the epidemic of lawsuits -- a hidden tax on your business. It's time we sued each other less and helped each other more. I'm fighting the old politics of tax and spend. I'm battling to spur new investment and job creation by cutting the 3 tax on capital gains. When I sent my legal reform bill to Capitol Hill, our opponents said no. They and their friends in the trial lawyers' lobby circled the wagons, closed ranks, and hung tough to protect the status quo. When I asked for tax breaks for young homeowners, when I asked for the capital gains cut we need so urgently -- our opponents passed a bill to raise your taxes by a hundred billion dollars. This time, I said no. -- I cast my veto. 11 Next year we'll see a change. Next year we'll have a dramatically different Congress. Next year, I am confident, we'll break the logjam of the old politics. We'll win legal reform and tax relief. We'll restore government that lives within limits. \ Government that respects people's labor and property. \ Government that trusts the American people. 11 One the most exciting developments in our nation's history is coming to fruition right now -- the North American Free Trade Agreement. [report latest status of NAFTA] Everyone wins through open trade with Mexico and Canada. Open trade will make each of us better neighbors and closer friends. Open trade will offer tremendous new opportunities for people to invent and produce and take new goods and services to market. [export examples] Open trade will fuel the growth of jobs in the United States of America. During the recent, partial opening of the Mexican markets since 1986, U.S. exports to Mexico have almost tripled. 4 That has meant the creation of more than 300,000 new jobs. We enjoy a robust trade surplus with Mexico -- $2.1 billion last year. And the new jobs created by trade with Mexico are to be found not only in the border states, but all across the country. Our top ten states exporting to Mexico now include Michigan, Illinois, New York, Pennsylvania and Florida. When the trade agreement goes to Congress --- not if, but when -- I'll need the utmost help from each and every one of you. Please don't have any illusions this will be an easy fight. Don't count on candor from our opponents. Some politicians pay lip service to open trade -- but when it's time for a real decision, they put their proxies in the pockets of the big unions and the ideological interest groups. 11 And I scarcely need to tell this audience about this ugliness we've heard. I don't like to think this kind of thing still happens in America, but we've heard it. We've heard the whispering campaign that doesn't even pretend to address economics. It's the old appeal to prejudice. 11 You know, I've spent my entire adult life -- starting businesses in west Texas and on the Gulf of Mexico, later in public service -- pursuing better understanding between Americans and our neighbors. I like to think I've made a contribution to peace and prosperity certainly in our hemisphere, but also around the world. So when these old attitudes of prejudice begin to stir, I will stand against them. 11 I'll stand against any attempt to turn back the clock. 11 I'll stand against 5 intolerance and nativism in any form. In the next century, our kids -- and indeed, some of you younger entrepreneurs -- will help make commonplace things that now exist only in dreams: faster travel, cultural progress, cures for diseases. The dream of open trade and strong, respectful ties between the workers \ the business people \ and the families \ of Mexico, Canada and the United States is so near it's almost palpable. Let's resolve together, today, to make that dream real -- to make it a solid foundation for our future. Thank you, and may God bless all the people of the Americas. # # # THE WHITE HOUSE WASHINGTON July 27, 1992 MEMORANDUM FOR THE PRESIDENT THROUGH: STEVE PROVOST Dhertorsp FROM: JOSEPH P. DUGGAN 2 SUBJECT: PROPOSED REMARKS FOR HISPANIC BUSINESS LEADERS I. SUMMARY On Tuesday, July 28, at 9:30 a.m., you will address approximately 250 Hispanic business leaders in the Rose Garden. II. DISCUSSION Your remarks (approximately 9 minutes / cards) , highlight the Administration's growth package still awaiting action in Congress, and they outline the benefits of NAFTA to small businesses. (Duggan/Walters/Nix) July 27, 1992 Draft Five HB PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS THE ROSE GARDEN THE WHITE HOUSE TUESDAY, JULY 28, 1992 9:30 A.M. [Acknowledgments] Welcome to the White House. Jesus [Chavarria, editor and publisher of Hispanic Business], thanks for your leadership in bringing together so many dynamic women and men from Hispanic-owned businesses. You enliven this country, you're keeping America great -- each one of you. 11 We're together today because we believe in the future -- and we know how to get there. Our future depends on freedom. Freedom works. Freedom is right. You've come to Washington at a tough time: Too late for the cherry blossoms, just in time for the humidity. And today, for the next few minutes, I just might add a little heat. 11 The economy is growing -- Hispanic-owned businesses are in the vanguard of this growth, in the forefront of creating good new jobs for Americans. We need to grow faster, and we know what's holding us back. Let me sum it up in a single sentence: Government is too big -- and it spends too much. 11 An old guard of tax-and-spend politicians has controlled Congress for most of the past 40 years. Already this year, I've given Congress a choice between economic growth and big government. Congress took sides with big government. Here's what happened: In January, I proposed a common- sense, comprehensive plan to get this economy moving faster, 2 right now. The plan includes tax incentives to encourage businesses to hire new workers and breaks for young families who want to buy a first home. Half a million jobs would have been created, if if Congress had acted right away. But they didn't. Instead, Congress passed a package of new government spending and new taxes. A package they knew I'd veto. So I sent their plan back. I'm still waiting. almost 200 days later. This economic recovery plan is being held hostage, and the ransom note reads: "wait till after the election. " The party that controls the Congress is holding jobs and free enterprise hostage to their hopes that they can elect a tax- and-spend partisan of their very own to the White House. The other party talks about "class warfare" about squeezing more from the so-called "rich." What they don't say is that more than half of those affected by their proposed hike in individual tax rates are family farmers small business men and women people like yourselves. \ You're trying to create jobs. You need a pat on the back not $100 billion in new taxes and federal mandates on your shoulders. 11 I understand you're going up to Capitol Hill later in the day. I'd ask you to take a message up there with you: Tell your members of Congress we need quicker growth now. Tell them to approve my growth initiatives -- without delay. 11 Tell them to release this economy, \ approve my jobs program, and put America back to work now. 3 You and I are together today because we also share a vision for the long term: We want to build a solid foundation for America's future in the world economy. And one of the most exciting developments in our nation's history is coming now to fruition. I'm talking about the North American Free Trade Agreement. Our negotiators reported solid progress from the meetings in Mexico City last weekend. They'll meet again [date and place]. We're very close to completing an agreement that will mean more jobs / more growth /more opportunity for American workers. Look at the numbers: During the recent, partial opening of the Mexican markets since 1986, U.S. exports to Mexico have almost tripled. More than 600,000 American workers now owe their jobs to trade with Mexico. We enjoy a robust trade surplus with Mexico -- $2.1 billion last year, and it's estimated we'll achieve a surplus of more than $8 billion this year. The new jobs created by trade with Mexico are to be found not only in the border states, but all across the country. Our top ten states exporting to Mexico now include Michigan, Illinois, New York, Pennsylvania and Florida. When the trade agreement goes to Congress -- not if, but when -- I'll need the utmost help from each and every one of you. Please don't have any illusions this will be an easy fight. The leadership of Hispanic business men and women was crucial in winning our fast-track effort last year. This new round of the battle will make fast-track seem easy by comparison. Very 4 frankly I'm worried about my opponent. He pays lip service to open trade -- but when it comes to a real decision, I'm worried he'll put his proxy in the pockets of the big unions, the ideological interest groups, and the protectionist faction in Congress. We've consulted closely with Congress and with business leaders every step of the way in these negotiations. We made commitments to Congress last year, and we will meet each one of them. And when we wrap up the North American Free Trade Agreement, it will be a good deal for American consumers and businesses -- and especially American workers. America faces a choice this year between starkly different philosophies. The other side doesn't trust the American people with their own earnings, with their own property, with their own plans and dreams for the future. I'm going to stand up for something different. Something that's right for America. Even if it's not politically popular. To me ideas like free trade are worth fighting for -- because we're fighting for our children's future. So don't let the pessimists faze you. Don't let political smoke and mirrors obscure your vision of the prize that's ahead for our kids and grandchildren. Our future is as bright as it has ever been. For my part, I'm leading the campaign to elect a new Congress. I'm determined to break the logjam of the old politics. Next year, with a radically different Congress -- a 5 Congress that's ready to act -- we'll work to restore government that lives within limits. \ Government that respects people's labor and property. \ Government that has faith in our ability to compete in foreign markets. \ Government that trusts the American people. 11 Thank you for joining me here today. I understand your next stop is the Commerce Department, where Barbara Franklin and her experts will load you up on facts. Dispassionately, I'm sure. What's more Barbara's building has air-conditioning. 11 Thanks again for all that Hispanic businessmen and women are doing to build a solid foundation for our future. May God bless all of you. # # # THE WHITE HOUSE WASHINGTON July 27, 1992 MEMORANDUM FOR THE PRESIDENT THROUGH: STEVE PROVOST Dhertorsp FROM: JOSEPH P. DUGGAN P. SUBJECT: PROPOSED REMARKS FOR HISPANIC BUSINESS LEADERS I. SUMMARY On Tuesday, July 28, at 9:30 a.m., you will address approximately 250 Hispanic business leaders in the Rose Garden. II. DISCUSSION Your remarks (approximately 9 minutes / cards), highlight the Administration's growth package still awaiting action in Congress, and they outline, the benefits of NAFTA to small businesses. (Duggan/Walters/Nix) July 27, 1992 Draft Five HB PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS THE ROSE GARDEN THE WHITE HOUSE TUESDAY, JULY 28, 1992 9:30 A.M. [Acknowledgments] Welcome to the White House. Jesus [Chavarria, editor and publisher of Hispanic Business], thanks for your leadership in bringing together so many dynamic women and men from Hispanic-owned businesses. You enliven this country, you're keeping America great -- each one of you. 11 We're together today because we believe in the future -- and we know how to get there. Our future depends on freedom. Freedom works. Freedom is right. 11 You've come to Washington at a tough time: Too late for the cherry blossoms, just in time for the humidity. And today, for the next few minutes, I just might add a little heat. 11 The economy is growing -- Hispanic-owned businesses are in the vanguard of this growth, in the forefront of creating good new jobs for Americans. We need to grow faster, and we know what's holding us back. Let me sum it up in a single sentence: Government is too big -- and it spends too much. 11 An old guard of tax-and-spend politicians has controlled Congress for most of the past 40 years. Already this year, I've given Congress a choice between economic growth and big government. Congress took sides with big government. Here's what happened: In January, I proposed a common- sense, comprehensive plan to get this economy moving faster, 2 right now. The plan includes tax incentives to encourage businesses to hire new workers and breaks for young families who want to buy a first home. Half a million jobs would have been created, if if Congress had acted right away. But they didn't. Instead, Congress passed a package of new government spending and new taxes. A package they knew I'd veto. So I sent their plan back. I'm still waiting. almost 200 days later. This economic recovery plan is being held hostage, and the ransom note reads: "wait till after the election. " The party that controls the Congress is holding jobs and free enterprise hostage to their hopes that they can elect a tax- and-spend partisan of their very own to the White House. The other party talks about "class warfare" about squeezing more from the so-called "rich. " What they don't say is that more than half of those affected by their proposed hike in individual tax rates are family farmers small business men and women people like yourselves. You're trying to create jobs. You need a pat on the back not $100 billion in new taxes and federal mandates on your shoulders. 11 I understand you're going up to Capitol Hill later in the day. I'd ask you to take a message up there with you: Tell your members of Congress we need quicker growth now. Tell them to approve my growth initiatives -- without delay. 11 Tell them to release this economy, \ approve my jobs program, and put America back to work now. 3 You and I are together today because we also share a vision for the long term: We want to build a solid foundation for America's future in the world economy. And one of the most exciting developments in our nation's history is coming now to fruition. I'm talking about the North American Free Trade Agreement. Our negotiators reported solid progress from the meetings in Mexico City last weekend. They'll meet again [date and place]. We're very close to completing an agreement that will mean more jobs / more growth /more opportunity for American workers. Look at the numbers: During the recent, partial opening of the Mexican markets since 1986, U.S. exports to Mexico have almost tripled. More than 600,000 American workers now owe their jobs to trade with Mexico. We enjoy a robust trade surplus with Mexico -- $2.1 billion last year, and it's estimated we'll achieve a surplus of more than $8 billion this year. The new jobs created by trade with Mexico are to be found not only in the border states, but all across the country. Our top ten states exporting to Mexico now include Michigan, Illinois, New York, Pennsylvania and Florida. When the trade agreement goes to Congress -- not if, but when -- I'll need the utmost help from each and every one of you. Please don't have any illusions this will be an easy fight. The leadership of Hispanic business men and women was crucial in winning our fast-track effort last year. This new round of the battle will make fast-track seem easy by comparison. Very 4 frankly I'm worried about my opponent. He pays lip service to open trade -- but when it comes to a real decision, I'm worried he'll put his proxy in the pockets of the big unions, the ideological interest groups, and the protectionist faction in Congress. 11 We've consulted closely with Congress and with business leaders every step of the way in these negotiations. We made commitments to Congress last year, and we will meet each one of them. And when we wrap up the North American Free Trade Agreement, it will be a good deal for American consumers and businesses -- and especially American workers. America faces a choice this year between starkly different philosophies. The other side doesn't trust the American people with their own earnings, with their own property, with their own plans and dreams for the future. I'm going to stand up for something different. Something that's right for America. Even if it's not politically popular. To me ideas like free trade are worth fighting for -- because we're fighting for our children's future. So don't let the pessimists faze you. Don't let political smoke and mirrors obscure your vision of the prize that's ahead for our kids and grandchildren. Our future is as bright as it has ever been. For my part, I'm leading the campaign to elect a new Congress. I'm determined to break the logjam of the old politics. Next year, with a radically different Congress -- a 5 Congress that's ready to act -- we'll work to restore government that lives within limits. \ Government that respects people's labor and property. \ Government that has faith in our ability to compete in foreign markets. \ Government that trusts the American people. 11 Thank you for joining me here today. I understand your next stop is the Commerce Department, where Barbara Franklin and her experts will load you up on facts. Dispassionately, I'm sure. What's more Barbara's building has air-conditioning. 11 Thanks again for all that Hispanic businessmen and women are doing to build a solid foundation for our future. May God bless all of you. # # # THE WHITE HOUSE (Duggan/Walters/Nix) WASHINGTON July 27, 1992 Draft Five HB PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS THE ROSE GARDEN THE WHITE HOUSE TUESDAY, JULY 28, 1992 9:30 A.M. Secretary of Commerce Barbara Franklin, U.S. Trade Representative Carla Hills, thank you. To all of you, welcome to the White House. Jesus [Chavarria, editor and publisher of Hispanic Business], thanks for your leadership in bringing together so many dynamic women and men from Hispanic-owned businesses. You enliven this country, you're keeping America great -- each one of you. 11 We're together today because we believe in the future -- and we know how to get there. Our future depends on freedom. Freedom works. Freedom is right. 11 You're the heroes of our economy. You create jobs, you meet a payroll. The only people with a tougher challenge might be the coach of the Angolan basketball team ... or that guy who shot the arrow to light the Olympic torch. You've come to Washington at a tough time: Too late for the cherry blossoms, just in time for the humidity. And today, for the next few minutes, If you don't mind, I'd like to add a little heat. \ 'Cause I've got something on my mind. \ The economy is growing -- Hispanic-owned businesses are in the vanguard of this growth, in the forefront of creating good new jobs for Americans. We need to grow faster, and we know what's holding us back. Let me sum it up in a single sentence: THE WHITE HOUSE WASHINGTON Government is too big -- and it spends too much. 11 An old guard of tax-and-spend politicians has controlled Congress for most of the past 40 years. ((And believe me, this is not a broken record: \ It's the same old tune -- it's called the Middle Class Blues. )) Already this year, I've given Congress a choice between economic growth and big government. Congress took sides with big government. Here's what happened: In January, I proposed a common- sense, comprehensive plan to get this economy moving faster, right now. The plan includes tax incentives to encourage businesses to hire new workers and breaks for young families who want to buy a first home. Half a million jobs would have been created, if if Congress had acted right away. But they didn't. Instead, Congress passed a package of new government spending and new taxes. A package they knew I'd veto. So I sent their plan back. I'm still waiting. almost 200 days later. This economic recovery plan is being held hostage, and the ransom note reads: "wait till after the election." The party that controls the Congress is holding jobs and free enterprise hostage to their hopes that they can elect a tax- and-spend partisan of their very own to the White House. The other party talks about "class warfare" about squeezing more from the so-called "rich." What they don't say is that more than half of those affected by their proposed hike in individual tax rates are family farmers small business men and women THE WHITE HOUSE WASHINGTON border states, but all across the country. Our top ten states exporting to Mexico now include Michigan, Illinois, New York, Pennsylvania and Florida. When the trade agreement goes to Congress -- not if, but when -- I'll need the utmost help from each and every one of you. Please don't have any illusions this will be an easy fight. The leadership of Hispanic business men and women was crucial in winning our fast-track effort last year. This new round of the battle will make fast-track seem easy by comparison. Very frankly I'm worried about my opponent. He pays lip service to open trade -- but when it comes to a real decision, I'm worried he'll put his proxy in the pockets of the big unions, the ideological interest groups, and the protectionist faction in Congress. 11 We've consulted closely with Congress and with business leaders every step of the way in these negotiations. We made commitments to Congress last year, and we will meet each one of them. And when we wrap up the North American Free Trade Agreement, it will be a good deal for American consumers and businesses -- and especially American workers. America faces a choice this year between starkly different philosophies. The other side doesn't trust the American people with their own earnings, with their own property, with their own plans and dreams for the future. I'm going to stand up for something different. Something that's right for America. To me ideas like free trade are worth THE WHITE HOUSE WASHINGTON You've come to Washington at a tough time: Too late for the Cherry Blossoms, just in time for the humidity. And today, for the next few minutes, I just might add a little heat. (Duggan/Walters/Nix) July 27, 1992 Draft Three HB PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS THE ROSE GARDEN THE WHITE HOUSE TUESDAY, JULY 28, 1992 9:30 A.M. [Acknowledgments] Welcome to the White House. Jesus [Chavarria, editor and publisher of Hispanic Business], thanks for your leadership in bringing together so many dynamic women and men from Hispanic-owned businesses. You enliven this country, you're keeping America great -- each one of you. 11 We're together today because we believe in the future -- and we know how to get there. Our future depends on freedom. Freedom works. Freedom is right. 11 johe: The economy is growing -- Hispanic-owned businesses are in the vanguard of this growth. We need to grow faster, and we know what's holding us back. Let me sum it up in a single sentence: Government is too big -- and it spends too much. 11 An old guard of tax-and-spend politicians has controlled Congress for most of the past 40 years. Already this year, I've given Congress a choice between economic growth and big government. Congress took sides with big government. Here's what happened: In January, I proposed a common- sense, comprehensive plan to get this economy moving faster, right now. The plan includes tax incentives to encourage businesses to hire new workers and breaks for young families who want to buy a first home. Half a million jobs would have been created, if if Congress had acted right away. 2 But they didn't. Instead, Congress passed a package of new government spending and new taxes. A package they knew I'd veto. So I sent their plan back. I'm still waiting. almost 200 days later. This economic recovery plan is being held hostage, and the ransom note reads: "wait till after the election.' The party that controls the Congress is holding jobs and free enterprise hostage to their hopes that they can elect a tax- and-spend partisan of their very own to the White House. The Democrats! candidate President wants to raise taxes on other for party talks about American business. He pushes the old "class warfare" line about about so -called dow it squeezing more from the 1 "rich." What he doesn to say is that more than half of those affected by Their his proposed hike in individual tax rates are family farmers small business men and women maybe people like yourselves. \ (All told, my opponent you're tryng to crease tols: wants to saddle American businesses with more than $100 billion on your houlders in new taxes and federal mandates. ) you need a pat on The back I understand you're going up to Capitol Hill later in the not day. I'd ask you to take a message up there with you: Tell your members of Congress my plan will speed up growth now. Tell them we Need quesher they'll have a price to pay if they continue to hold our economy hostage to election year politics. Tell them to approve my growth initiatives -- without delay. 11 Tell them to release this economy, \ approve my jobs program, and put America back to work now. You and I are together today because we also share a vision 3 for the long term: We want to build a solid foundation for America's future in the world economy. And one of the most exciting developments in our nation's history is coming now to fruition. I'm talking about the North American Free Trade Agreement. Our negotiators reported solid progress from the meetings in Mexico City last weekend. They'll meet again [date and place]. We're very close to completing an agreement that will mean more jobs / more growth /more opportunity for American workers. Everyone wins through open trade with Mexico and Canada. Open trade will make each of us better neighbors and closer friends. Open trade will offer new opportunities for people to invent and produce and take new goods and services to market. Look at the numbers: During the recent, partial opening of the Mexican markets since 1986, U.S. exports to Mexico have almost tripled. That has meant the creation of more than 300,000 new American jobs. We enjoy a robust trade surplus with Mexico - - $2.1 billion last year. And the new jobs created by trade with Mexico are to be found not only in the border states, but all across the country. Our top ten states exporting to Mexico now include Michigan, Illinois, New York, Pennsylvania and Florida. When the trade agreement goes to Congress -- not if, but when -- I'll need the utmost help from each and every one of you. Please don't have any illusions this will be an easy fight. Yesterday the head of the protectionist wing of the Congress, the signalled his House Majority Leader, gave his latest signals of opposition to 4 Very frankly I an agreement he hasn't even He seen. And meanwhile my opponent in my this race for the White House pays lip service to open trade in worreld he '6 oppe but when it comes to a real decision, it seems he put his proxy in the pockets of the big unions, the ideological interest groups, and the protectionist faction in Congress. 11 We've consulted closely with Congress and with business leaders every step of the way in these negotiations. And when we wrap up the North American Free Trade Agreement, it will be a American good deal for American workers and consumers and businesses. It will be overwhelmingly in our interest to approve this agreement. especully America faces a choice this year between starkly different other sidex philosophies. The old guard on Capitol Hill and their standard- bearers in the Presidential race believe that more taxes and more government spending can create jobs and prosperity. They put their cozy relationships with the big unions and the special interest groups in the way of our vision of open new markets for American goods and services. Fundamentally, they doent don t trust the own American people with their,earnings, with their property, with own their plans and dreams for the future. They re pessimists and their policies are designed to make their pessimism a self- fulfilling prophecy. fee I'm going to stand up for something Well, don't let the pessimists faze you. Don't let different. political that's ahead smoke for and mirrors obscure your vision of the prize Something that's our kids and grandchildren. Our future is as bright as it has ever been. resht For my part, I'm leading the campaign to elect a new children fishing because who're are worth Tome to fight me ideas politically Even like america pomilar ft 4.thsat 5 Congress. I'm determined to break the logjam of the old politics. Next year, with a radically different Congress -- a Congress that's ready to act -- we'll work to restore government that lives within limits. \ Government that respects people's labor and property. \ Government that has faith in our ability to compete in foreign markets. \ Government that trusts the American people. 11 Thank you for joining me here today. Thanks for all that Hispanic businessmen and women are doing to build a solid foundation for our future. May God bless all of you. # # # sorry to m flirt and (Lightenit ap.) This on It's on any mind Pg 2 Ross P. 2nd it 2nd P L' caused astink people like yourselves w/this (Duggan/Walters/Nix) July 27, 1992 Draft Three HB PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS THE ROSE GARDEN THE WHITE HOUSE TUESDAY, JULY 28, 1992 9:30 A.M. [Acknowledgments] Welcome to the White House. Jesus [Chavarria, editor and publisher of Hispanic Business], thanks for your leadership in bringing together so many dynamic women and men from Hispanic-owned businesses. You enliven this country, you're keeping America great -- each one of you. We're together today because we believe in the future -- and we know how to get there. Our future depends on freedom. Freedom works. Freedom is right. 11 The economy is growing -- Hispanic-owned businesses are in the vanguard of this growth. We need to grow faster, and we know what's holding us back. Let me sum it up in a single sentence: Government is too big -- and it spends too much. 11 An old guard of tax-and-spend politicians has controlled Congress for most of the past 40 years. Already this year, I've given Congress a choice between economic growth and big government. Congress took sides with big government. Here's what happened: In January, I proposed a common- sense, comprehensive plan to get this economy moving faster, right now. The plan includes tax incentives to encourage businesses to hire new workers and breaks for young families who want to buy a first home. Half a million jobs would have been created, if if Congress had acted right away. 2 But they didn't. Instead, Congress passed a package of new government spending and new taxes. A package they knew I'd veto. So I sent their plan back. I'm still waiting. almost 200 days later. This economic recovery plan is being held hostage, and the ransom note reads: "wait till after the election." The party that controls the Congress is holding jobs and free enterprise hostage to their hopes that they can elect a tax- and-spend partisan of their very own to the White House. The Democrats' candidate for President wants to raise taxes on American business. He pushes the old "class warfare" line about squeezing more from the "rich." What he doesn't say is that more than half of those affected by his proposed hike in individual tax rates are family farmers small business men and women maybe people like yourselves. \ All told, my opponent wants to saddle American businesses with more than $100 billion in new taxes and federal mandates. I understand you're going up to Capitol Hill later in the day. I'd ask you to take a message up there with you: Tell your members of Congress my plan will speed up growth now. Tell them they'll have a price to pay if they continue to hold our economy hostage to election year politics. Tell them to approve my growth initiatives -- without delay. 11 Tell them to release this economy, \ approve my jobs program, and put America back to work now. 11 You and I are together today because we also share a vision 3 for the long term: We want to build a solid foundation for America's future in the world economy. And one of the most exciting developments in our nation's history is coming now to fruition. I'm talking about the North American Free Trade Agreement. Our negotiators reported solid progress from the meetings in Mexico City last weekend. They'll meet again [date and place]. We're very close to completing an agreement that will mean more jobs / more growth /more opportunity for American workers. Everyone wins through open trade with Mexico and Canada. Open trade will make each of us better neighbors and closer friends. Open trade will offer new opportunities for people to invent and produce and take new goods and services to market. Look at the numbers: During the recent, partial opening of the Mexican markets since 1986, U.S. exports to Mexico have almost tripled. That has meant the creation of more than 300,000 new American jobs. We enjoy a robust trade surplus with Mexico - - $2.1 billion last year. And the new jobs created by trade with Mexico are to be found not only in the border states, but all across the country. Our top ten states exporting to Mexico now include Michigan, Illinois, New York, Pennsylvania and Florida. When the trade agreement goes to Congress -- not if, but when -- I'll need the utmost help from each and every one of you. Please don't have any illusions this will be an easy fight. Yesterday the head of the protectionist wing of the Congress, the House Majority Leader, gave his latest signals of opposition to 4 an agreement he hasn't even seen. And meanwhile my opponent in this race for the White House pays lip service to open trade -- but when it comes to a real decision, it seems he's put his proxy in the pockets of the big unions, the ideological interest groups, and the protectionist faction in Congress. 11 We've consulted closely with Congress and with business leaders every step of the way in these negotiations. And when we wrap up the North American Free Trade Agreement, it will be a good deal for American workers and consumers and businesses. It will be overwhelmingly in our interest to approve this agreement. America faces a choice this year between starkly different philosophies. The old guard on Capitol Hill and their standard- bearers in the Presidential race believe that more taxes and more government spending can create jobs and prosperity. They put their cozy relationships with the big unions and the special interest groups in the way of our vision of open new markets for American goods and services. Fundamentally, they don't trust the American people with their earnings, with their property, with their plans and dreams for the future. They're pessimists -- and their policies are designed to make their pessimism a self- fulfilling prophecy. Well, don't let the pessimists faze you. Don't let political smoke and mirrors obscure your vision of the prize that's ahead for our kids and grandchildren. Our future is as bright as it has ever been. For my part, I'm leading the campaign to elect a new 5 Congress. I'm determined to break the logjam of the old politics. Next year, with a radically different Congress -- a Congress that's ready to act -- we'll work to restore government that lives within limits. \ Government that respects people's labor and property. \ Government that has faith in our ability to compete in foreign markets. \ Government that trusts the American people. 11 Thank you for joining me here today. Thanks for all that Hispanic businessmen and women are doing to build a solid foundation for our future. May God bless all of you. # # # THE WHITE HOUSE WASHINGTON Dan: I think that it would be a mistake to label NAFTA opponents as rascists. We ought to grab the high ground. The attached insert tries to make a similar point in a more indirect way. ' Warren Maruyama x2929 Document No. 340344ss WHITE HOUSE STAFFING MEMORANDUM WARREN DATE: 7/24/92 ACTION/CONCURRENCE/COMMENT DUE BY: MON. 7/27/92 10:00 an PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS SUBJECT: THE ROSE GARDEN - 7/28/92 - 9:30 am ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY PROVOST CALIO SMITH DEMAREST YEUTTER FITZWATER FINDLAY GRAY KAUFMAN HOLIDAY MCGROARTY FIRESTONE REMARKS: Please forward your comments directly to Dan McGroarty, RM. 122, x2930, no later than 10:00 a.m., MONDAY, JULY 27, with a copy to this office. Thank you. RESPONSE: PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 (Duggan/Walters/Nix) July 23, 1992 2 JUL 24 P1:11 Draft Two HB PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS THE ROSE GARDEN THE WHITE HOUSE TUESDAY, JULY 28, 1992 9:30 A.M. [Acknowledgments] Welcome to the White House. Jesus [Chavarria, editor and publisher of Hispanic Business], thanks for your leadership in bringing together so many dynamic women and men from Hispanic-owned businesses. You enliven this country, you're keeping America great -- each one of you. 11 Your dreams and your hard work animate every kind of industry all across this country. There's Irma Elder from Michigan whose thriving business is -- what else -- selling cars. There's Frank Flores from the printing industry in New York. And Benjamin Acevedo, with a lumber company in California. And executives from the largest minority-owned bank in the United States -- the Sanchez family's IBC in Laredo, Texas. We're together today because we believe in the future -- and we know how to get there. Our future depends on freedom. Freedom works. Freedom is right. 11 All around the world, dictatorships are giving way to democracy. Command-and-control economies are falling on the ash heap. As never before in the history of the world, people are free to think and to speak -- free to live and work and worship as they wish. They're choosing new governments that respect people's freedom to buy and to sell and to create. 11 In the Western Hemisphere, freedom's tide has never been 2 higher. If I may make a prediction, that tide will soon drown Latin America's last dictatorship -- the Castro regime. And on the crest of that tide will rise a new democracy in Cuba. 11 It used to be that one of the great certainties in our lives was the East-West struggle, the Cold War. Now that we've won that long battle to change the world around us, people are going through a little period of pondering and questioning our future here at home. Let me just say that each one of us has cause to be confident. Don't let the pessimists faze you -- don't let the political haze we're passing through obscure your vision of the prize that's ahead for our kids and grandchildren. America's future has never been brighter -- because you and people like yourselves are fully joined in the domestic battle to keep America free. Right now, we're renewing the freedoms that foster new thinking and create new jobs. I'm overhauling the entire system of federal government regulation. This year alone, I've directed an unprecedented cutback of controls and red tape that have no: place in a free society. [details with impact on jobs and consumers] I'm fighting to halt the epidemic of lawsuits -- a hidden tax on your business. It's time we sued each other less and helped each other more. I'm fighting the old politics of tax and spend. I'm battling to spur new investment and job creation by cutting the 3 tax on capital gains. When I sent my legal reform bill to Capitol Hill, our opponents said no. They and their friends in the trial lawyers' lobby circled the wagons, closed ranks, and hung tough to protect the status quo. 11 When I asked for tax breaks for young homeowners, when I asked for the capital gains cut we need so urgently -- our opponents passed a bill to raise your taxes by a hundred billion dollars. This time, I said no -- I cast my veto. 11 Next year we'll see a change. Next year we'll have a dramatically different Congress. Next year, I am confident, we'll break the logjam of the old politics. We'll win legal reform and tax relief. We'll restore government that lives within limits. \ Government that respects people's labor and property. \ Government that trusts the American people. 11 One the most exciting developments in our nation's history is coming to fruition right now -- the North American Free Trade Agreement. [report latest status of NAFTA] Everyone wins through open trade with Mexico and Canada. Open trade will make each of us better neighbors and closer friends. Open trade will offer tremendous new opportunities for people to invent and produce and take new goods and services to market. [export examples] Open trade will fuel the growth of jobs in the United States of America. During the recent, partial opening of the Mexican markets since 1986, U.S. exports to Mexico have almost tripled. 4 That has meant the creation of more than 300,000 new jobs. We enjoy a robust trade surplus with Mexico -- $2.1 billion last year. And the new jobs created by trade with Mexico are to be found not only in the border states, but all across the country. Our top ten states exporting to Mexico now include Michigan, Illinois, New York, Pennsylvania and Florida. When the trade agreement goes to Congress -- not if, but when -- I'll need the utmost help from each and every one of you. Please don't have any illusions this will be an easy fight. Don't count on candor from our opponents. Some politicians pay lip service to open trade -- but when it's time for a real decision, they put their proxies in the pockets of the big unions and the ideological interest groups. 11 And I scarcely need to tell this audience about this ugliness we've heard. I don't like to think this kind of thing still happens in America, but we've heard it. We've heard the whispering campaign that doesn't even pretend to address economics. It's the old appeal to prejudice. 11 You know, I've spent my entire adult life -- starting businesses in west Texas and on the Gulf of Mexico, later in public service -- pursuing better understanding between Americans and our neighbors. I like to think I've made a contribution to peace and prosperity certainly in our hemisphere, but also around the world. So when these old attitudes of prejudice begin to stir, I will stand against them. 11 I'll stand against any attempt to turn back the clock. 11 I'll stand against 5 intolerance and nativism in any form. 11 In the next century, our kids -- and indeed, some of you younger entrepreneurs -- will help make commonplace things that now exist only in dreams: faster travel, cultural progress, cures for diseases. The dream of open trade and strong, respectful ties between the workers \ the business people \ and the families \ of Mexico, Canada and the United States is so near it's almost palpable. Let's resolve together, today, to make that dream real -- to make it a solid foundation for our future. Thank you, and may God bless all the people of the Americas. # # # The United States and Mexico are on the verge of something that would have been inconceivable just 5 years ago. In history of international trading system, it is doubtful that any nation has ever changed so much -- put trade and economic reforms of this extent into place -- in such a short period of time. Free trade will be good for both countries. It will be a catalyst for economic growth on the border, jobs, and a cleaner environment. In the NAFTA, we are talking about history. Not about incremental change, but about change that comes once-in- lifetime. We are talking about an article of faith between the United States and Mexico, between the American and Mexican peoples, and between the United States and Hispanic-Americans. It is faith that free trade is win-win proposition that helps both nations. That trade can be a force for addressing environmental and border concerns. It is faith in President Salinas and his vision for Mexico, for a new Mexican revolution, and that a strong Mexico is good for America. Finally, it faith by Americans and Mexicans that we can overcome past stereotypes and historical grievances, and move on to something new, with free trade as the catalyst for economic growth, jobs, and change for both nations. Document No. 340344ss WHITE HOUSE STAFFING MEMORANDUM 92 JUL 27 All: 19 DATE: 7/24/92 ACTION/CONCURRENCE/COMMENT DUE BY: MON. 7/27/92 10:00 am PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS SUBJECT: THE ROSE GARDEN - 7/28/92 - 9:30 am ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY PROVOST CALIO SMITH DEMAREST YEUTTER FITZWATER FINDLAY GRAY KAUFMAN HOLIDAY MCGROARTY FIRESTONE REMARKS: Please forward your comments directly to Dan McGroarty, RM. 122, x2930, no later than 10:00 a.m., MONDAY, JULY 27, with a copy to this office. Thank you. RESPONSE: TO: Dan McGroarty July 27, 1992 The NSC Concurs without changes. PHILLIP D. BRADY And Brent Scowcroft Assistant to the President and Staff Secretary CC: CC Phillip Brady Ext. 2702 (Duggan/Walters/Nix) July 23, 1992 2 JUL 24 P|:|| Draft Two HB PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS THE ROSE GARDEN THE WHITE HOUSE TUESDAY, JULY 28, 1992 9:30 A.M. [Acknowledgments] Welcome to the White House. Jesus [Chavarria, editor and publisher of Hispanic Business], thanks for your leadership in bringing together so many dynamic women and men from Hispanic-owned businesses. You enliven this country, you're keeping America great -- each one of you. 11 Your dreams and your hard work animate every kind of industry all across this country. There's Irma Elder from Michigan whose thriving business is -- what else -- selling cars. There's Frank Flores from the printing industry in New York. And Benjamin Acevedo, with a lumber company in California. And executives from the largest minority-owned bank in the United States -- the Sanchez family's IBC in Laredo, Texas. We're together today because we believe in the future -- and we know how to get there. Our future depends on freedom. Freedom works. Freedom is right. 11 All around the world, dictatorships are giving way to democracy. Command-and-control economies are falling on the ash heap. As never before in the history of the world, people are free to think and to speak -- free to live and work and worship as they wish. They're choosing new governments that respect people's freedom to buy and to sell and to create. 11 In the Western Hemisphere, freedom's tide has never been 2 higher. If I may make a prediction, that tide will soon drown Latin America's last dictatorship -- the Castro regime. And on the crest of that tide will rise a new democracy in Cuba. It used to be that one of the great certainties in our lives was the East-West struggle, the Cold War. Now that we've won that long battle to change the world around us, people are going through a little period of pondering and questioning our future here at home. Let me just say that each one of us has cause to be confident. Don't let the pessimists faze you -- don't let the political haze we're passing through obscure your vision of the prize that's ahead for our kids and grandchildren. America's future has never been brighter -- because you and people like yourselves are fully joined in the domestic battle to keep America free. Right now, we're renewing the freedoms that foster new thinking and create new jobs. I'm overhauling the entire system of federal government regulation. This year alone, I've directed an unprecedented cutback of controls and red tape that have no place in a free society. [details with impact on jobs and consumers] I'm fighting to halt the epidemic of lawsuits -- a hidden tax on your business. It's time we sued each other less and helped each other more. I'm fighting the old politics of tax and spend. I'm battling to spur new investment and job creation by cutting the 3 tax on capital gains. 11 When I sent my legal reform bill to Capitol Hill, our opponents said no. They and their friends in the trial lawyers' lobby circled the wagons, closed ranks, and hung tough to protect the status quo. 11 When I asked for tax breaks for young homeowners, when I asked for the capital gains cut we need so urgently -- our opponents passed a bill to raise your taxes by a hundred billion dollars. This time, I said no -- I cast my veto. 11 Next year we'll see a change. Next year we'll have a dramatically different Congress. Next year, I am confident, we'll break the logjam of the old politics. We'll win legal reform and tax relief. We'll restore government that lives within limits. \ Government that respects people's labor and property. \ Government that trusts the American people. 11 One the most exciting developments in our nation's history is coming to fruition right now -- the North American Free Trade Agreement. [report latest status of NAFTA] Everyone wins through open trade with Mexico and Canada. Open trade will make each of us better neighbors and closer friends. Open trade will offer tremendous new opportunities for people to invent and produce and take new goods and services to market. [export examples] Open trade will fuel the growth of jobs in the United States of America. During the recent, partial opening of the Mexican markets since 1986, U.S. exports to Mexico have almost tripled. 4 That has meant the creation of more than 300,000 new jobs. We enjoy a robust trade surplus with Mexico -- $2.1 billion last year. And the new jobs created by trade with Mexico are to be found not only in the border states, but all across the country. Our top ten states exporting to Mexico now include Michigan, Illinois, New York, Pennsylvania and Florida. When the trade agreement goes to Congress -- not if, but when -- I'll need the utmost help from each and every one of you. Please don't have any illusions this will be an easy fight. Don't count on candor from our opponents. Some politicians pay lip service to open trade -- but when it's time for a real decision, they put their proxies in the pockets of the big unions and the ideological interest groups. 11 And I scarcely need to tell this audience about this ugliness we've heard. I don't like to think this kind of thing still happens in America, but we've heard it. We've heard the whispering campaign that doesn't even pretend to address economics. It's the old appeal to prejudice. 11 You know, I've spent my entire adult life -- starting businesses in west Texas and on the Gulf of Mexico, later in public service -- pursuing better understanding between Americans and our neighbors. I like to think I've made a contribution to peace and prosperity certainly in our hemisphere, but also around the world. So when these old attitudes of prejudice begin to stir, I will stand against them. 11 I'll stand against any attempt to turn back the clock. 11 I'll stand against 5 intolerance and nativism in any form. 11 In the next century, our kids -- and indeed, some of you younger entrepreneurs -- will help make commonplace things that now exist only in dreams: faster travel, cultural progress, cures for diseases. The dream of open trade and strong, respectful ties between the workers \ the business people \ and the families \ of Mexico, Canada and the United States is so near it's almost palpable. Let's resolve together, today, to make that dream real -- to make it a solid foundation for our future. Thank you, and may God bless all the people of the Americas. # # # Document No. 340344ss WHITE HOUSE STAFFING MEMORANDUM DATE: 7/24/92 ACTION/CONCURRENCE/COMMENT DUE BY: MON. 7/27/92 10:00 am PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS SUBJECT: THE ROSE GARDEN - 7/28/92 - 9:30 am ACTION - FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY PROVOST CALIO SMITH DEMAREST YEUTTER FITZWATER FINDLAY GRAY KAUFMAN HOLIDAY MCGROARTY FIRESTONE REMARKS: Please forward your comments directly to Dan McGroarty, RM. 122, x2930, no later than 10:00 a.m., MONDAY, JULY 27, with a copy to this office. Thank you. RESPONSE: 00 : Olv Patrage comments see PHILLIP D. BRADY Thank you. Assistant to the President and Staff Secretary Ext. 2702 (Duggan/Walters/Nix) July 23, 1992 2 JUL 24 PI:11 Draft Two HB PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS THE ROSE GARDEN THE WHITE HOUSE TUESDAY, JULY 28, 1992 9:30 A.M. [Acknowledgments] Welcome to the White House. Jesus [Chavarria, editor and publisher of Hispanic Business], thanks for your leadership in bringing together so many dynamic women and men from Hispanic-owned businesses. You enliven this country, you're keeping America great -- each one of you. Your dreams and your hard work animate every kind of industry all across this country. There's Irma Elder from Michigan whose thriving business is -- what else -- selling cars. There's Frank Flores from the printing industry in New York. And Benjamin Acevedo, with a lumber company in California. And executives from the largest minority-owned bank in the United States -- the Sanchez family's IBC in Laredo, Texas. We're together today because we believe in the future -- and we know how to get there. Our future depends on freedom. Freedom works. Freedom is right. All around the world, dictatorships are giving way to democracy. Command-and-control economies are falling on the ash heap. As never before in the history of the world, people are free to think and to speak -- free to live and work and worship as they wish. They're choosing new governments that respect people's freedom to buy and to sell and to create. 11 In the Western Hemisphere, freedom's tide has never been 2 higher. If I may make a prediction, that tide will soon drown Latin America's last dictatorship -- the Castro regime. And on the crest of that tide will rise a new democracy in Cuba. 11 It used to be that one of the great certainties in our lives was the East-West struggle, the Cold War. Now that we've won that long battle to change the world around us, people are going through a little period of pondering and questioning our future here at home. Let me just say that each one of us has cause to be confident Don't let the pessimists faze you -- don't let the Ne lave changed political haze we're passing through obscure your vision of the he world, and now prize that's ahead for our kids and grandchildren. America's se're going future has never been brighter -- because you and people like 0 change America yourselves are fully joined in the domestic battle to keep America free. Right now, we're renewing the freedoms that foster new thinking and create new jobs. I'm overhauling the entire system of federal government regulation. This year alone, I've directed an unprecedented cutback of controls and red tape that have no place in a free society. [details with impact on jobs and consumers] I'm fighting to halt the epidemic of lawsuits -- a hidden tax on your business. It's time we sued each other less and helped each other more. 11 I'm fighting the old politics of tax and spend. I'm battling to spur new investment and job creation by cutting the 3 tax on capital gains. 11 When I sent my legal reform bill to Capitol Hill, our opponents said no. They and their friends in the trial lawyers' lobby circled the wagons, closed ranks, and hung tough to protect the status quo. 11 When I asked for tax breaks for young homeowners, when I legislation to Spur investment. asked for the capital gains cut we need so urgently -- our opponents passed a bill to raise your taxes by a hundred billion dollars. This time, I said no -- I cast my veto. 11 Next year we'll see a change. Next year we'll have a dramatically different Congress. Next year, I am confident, we'll break the logjam of the old politics. We'll win legal Ine way reform and tax relief. We'll restore government that lives - which overnment just learn within limits. \ Government that respects people's labor and P trust property. \ Government that trusts the American people. 11 he people S by One the most exciting developments in our nation's history tepping aside nd allowing is coming to fruition right now the North American Free Trade intrepreneurs 0 spark Agreement. [report latest status of NAFTA] ong Term Everyone wins through open trade with Mexico and Canada. conomic rowth. Open trade will make each of us better neighbors and closer hat's why friends. Open trade will offer tremendous new opportunities for I've sorked so people to invent and produce and take new goods and services to and to inalize market. [export examples] Open trade will fuel the growth of jobs in the United States of America. During the recent, partial opening of the Mexican markets since 1986, U.S. exports to Mexico have almost tripled. 4 That has meant the creation of more than 300,000 new jobs. We enjoy a robust trade surplus with Mexico -- $2.1 billion last year. And the new jobs created by trade with Mexico are to be found not only in the border states, but all across the country. Our top ten states exporting to Mexico now include Michigan, Illinois, New York, Pennsylvania and Florida. When the trade agreement goes to Congress -- not if, but when -- I'll need the utmost help from each and every one of you. Please don't have any illusions this will be an easy fight. Don't count on candor from our opponents. Some politicians pay lip service to open trade -- but when it's time for a real decision, they put their proxies in the pockets of the big unions and the ideological interest groups. 11 And I scarcely need to tell this audience about this ugliness we've heard. I don't like to think this kind of thing still happens in America, but we've heard it. We've heard the whispering campaign that doesn't even pretend to address economics. It's the old appeal to prejudice. 11 You know, I've spent my entire adult life -- starting businesses in west Texas and on the Gulf of Mexico, later in public service -- pursuing better understanding between Americans and our neighbors. I like to think I've made a contribution to peace and prosperity certainly in our hemisphere, but also around the world. So when these old attitudes of prejudice begin to stir, I will stand against them. 11 I'll stand against any attempt to turn back the clock. 11 I'll stand against 5 intolerance and nativism in any form. In the next century, our kids -- and indeed, some of you younger entrepreneurs -- will help make commonplace things that now exist only in dreams: faster travel, cultural progress, cures for diseases. The dream of open trade and strong, respectful ties between the workers \ the business people \ and the families \ of Mexico, Canada and the United States is so near it's almost palpable. Let's resolve together, today, to make that dream real -- to make it a solid foundation for our future. Thank you, and may God bless all the people of the Americas. # # # Document No. 340344ss WHITE HOUSE STAFFING MEMORANDUM DATE: 7/24/92 92 JUL DUE BY: MON. 7/27/92 10:00am PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS SUBJECT: THE ROSE GARDEN - 7/28/92 - 9:30 am ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY PROVOST CALIO SMITH DEMAREST YEUTTER FITZWATER FINDLAY GRAY KAUFMAN HOLIDAY MCGROARTY FIRESTONE REMARKS: Please forward your comments directly to Dan McGroarty, RM. 122, x2930, no later than 10:00 a.m., MONDAY, JULY 27, with a copy to this office. Thank you. RESPONSE: Comments- See 4 pg. PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 (Duggan/Walters/Nix) July 23, 1992 2 JUL 24 P1:11 Draft Two HB PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS THE ROSE GARDEN THE WHITE HOUSE TUESDAY, JULY 28, 1992 9:30 A.M. [Acknowledgments] Welcome to the White House. Jesus [Chavarria, editor and publisher of Hispanic Business], thanks for your leadership in bringing together so many dynamic women and men from Hispanic-owned businesses. You enliven this country, you're keeping America great -- each one of you. Your dreams and your hard work animate every kind of industry all across this country. There's Irma Elder from Michigan whose thriving business is -- what else -- selling cars. There's Frank Flores from the printing industry in New York. And Benjamin Acevedo, with a lumber company in California. And executives from the largest minority-owned bank in the United States -- the Sanchez family's IBC in Laredo, Texas. We're together today because we believe in the future -- and we know how to get there. Our future depends on freedom. Freedom works. Freedom is right. 11 All around the world, dictatorships are giving way to democracy. Command-and-control economies are falling on the ash heap. As never before in the history of the world, people are free to think and to speak -- free to live and work and worship as they wish. They're choosing new governments that respect people's freedom to buy and to sell and to create. 11 In the Western Hemisphere, freedom's tide has never been 2 higher. If I may make a prediction, that tide will soon drown Latin America's last dictatorship -- the Castro regime. And on the crest of that tide will rise a new democracy in Cuba. 11 It used to be that one of the great certainties in our lives was the East-West struggle, the Cold War. - Now that we've won that long battle to change the world around us, people are going through a little period of pondering and questioning our future here at home. Let me just say that each one of us has cause to be confident. Don't let the pessimists faze you -- don't let the political haze we're passing through obscure your vision of the prize that's ahead for our kids and grandchildren. America's future has never been brighter -- because you and people like yourselves are fully joined in the domestic battle to keep America free. Right now, we're renewing the freedoms that foster new thinking and create new jobs. I'm overhauling the entire system of federal government regulation. This year alone, I've directed an unprecedented cutback of controls and red tape that have no place in a free society. [details with impact on jobs and consumers] I'm fighting to halt the epidemic of lawsuits -- a hidden tax on your business. It's time we sued each other less and helped each other more. I'm fighting the old politics of tax and spend. I'm battling to spur new investment and job creation by cutting the 3 tax on capital gains. When I sent my legal reform bill to Capitol Hill, our opponents said no. They and their friends in the trial lawyers' lobby circled the wagons, closed ranks, and hung tough to protect the status quo. 11 When I asked for tax breaks for young homeowners, when I asked for the capital gains cut we need so urgently -- our opponents passed a bill to raise your taxes by a hundred billion dollars. This time, I said no -- I cast my veto. 11 Next year we'll see a change. Next year we'll have a dramatically different Congress. Next year, I am confident, we'll break the logjam of the old politics. We'll win legal reform and tax relief. We'll restore government that lives within limits. \ Government that respects people's labor and property. \ Government that trusts the American people. 11 One the most exciting developments in our nation's history is coming to fruition right now -- the North American Free Trade Agreement. [report latest status of NAFTA] Everyone wins through open trade with Mexico and Canada. Open trade will make each of us better neighbors and closer friends. Open trade will offer tremendous new opportunities for people to invent and produce and take new goods and services to market. [export examples] Open trade will fuel the growth of jobs in the United States of America. During the recent, partial opening of the Mexican markets since 1986, U.S. exports to Mexico have almost tripled. 4 That has meant the creation of more than 300,000 new jobs. We enjoy a robust trade surplus with Mexico -- $2.1 billion last year. And the new jobs created by trade with Mexico are to be found not only in the border states, but all across the country. Our top ten states exporting to Mexico now include Michigan, Illinois, New York, Pennsylvania and Florida. When the trade agreement goes to Congress -- not if, but when -- I'll need the utmost help from each and every one of you. Please don't have any illusions this will be an easy fight. Don't count on candor from our opponents. Some politicians pay lip service to open trade -- but when it's time for a real decision, they put their proxies in the pockets of the big unions and the ideological interest groups. 11 What does And I scarcely need to tell this audience about this this mean? ugliness we've heard. I don't like to think this kind of thing He better still happens in America, but we've heard it. We've heard the beable whispering campaign that doesn't even pretend to address to explain We're Sularable economics. It's the old appeal to prejudice. 11 on this issue!! You know, I've spent my entire adult life -- starting businesses in west Texas and on the Gulf of Mexico, later in public service -- pursuing better understanding between Americans and our neighbors. I like to think I've made a contribution to peace and prosperity certainly in our hemisphere, but also around the world. So when these old attitudes of prejudice begin to stir, I will stand against them. 11 I'll stand against any attempt to turn back the clock. I'll stand against 5 intolerance and nativism in any form. 11 In the next century, our kids -- and indeed, some of you younger entrepreneurs -- will help make commonplace things that now exist only in dreams: faster travel, cultural progress, cures for diseases. The dream of open trade and strong, respectful ties between the workers \ the business people \ and the families \ of Mexico, Canada and the United States is so near it's almost palpable. Let's resolve together, today, to make that dream real -- to make it a solid foundation for our future. Thank you, and may God bless all the people of the Americas. # # # (Duggan/Walters/Nix) July 27, 1992 Draft Four HB PRESIDENTIAL REMARKS: HISPANIC BUSINESS LEADERS THE ROSE GARDEN THE WHITE HOUSE TUESDAY, JULY 28, 1992 9:30 A.M. [Acknowledgments] Welcome to the White House. Jesus [Chavarria, editor and publisher of Hispanic Business], thanks for your leadership in bringing together so many dynamic women and men from Hispanic-owned businesses. You enliven this country, you're keeping America great -- each one of you. 11 We're together today because we believe in the future -- and we know how to get there. Our future depends on freedom. Freedom works. Freedom is right. 11 The economy is growing -- Hispanic-owned businesses are in the vanguard of this growth, in the forefront of creating good new jobs for Americans. We need to grow faster, and we know what's holding us back. Let me sum it up in a single sentence: Government is too big -- and it spends too much. 11 An old guard of tax-and-spend politicians has controlled Congress for most of the past 40 years. Already this year, I've given Congress a choice between economic growth and big government. Congress took sides with big government. Here's what happened: In January, I proposed a common- sense, comprehensive plan to get this economy moving faster, right now. The plan includes tax incentives to encourage businesses to hire new workers and breaks for young families who want to buy a first home. Half a million jobs would have been 2 created, if if Congress had acted right away. But they didn't. Instead, Congress passed a package of new government spending and new taxes. A package they knew I'd veto. So I sent their plan back. I'm still waiting. almost 200 days later. This economic recovery plan is being held hostage, and the ransom note reads: "wait till after the election." The party that controls the Congress is holding jobs and free enterprise hostage to their hopes that they can elect a tax- and-spend partisan of their very own to the White House. The Democrats' candidate for President wants to raise taxes on American business. He pushes the old "class warfare" line about squeezing more from the "rich." What he doesn't say is that more than half of those affected by his proposed hike in individual tax rates are family farmers small business men and women maybe people like yourselves. \ All told, my opponent wants to saddle American businesses with more than $100 billion in new taxes and federal mandates. I understand you're going up to Capitol Hill later in the day. I'd ask you to take a message up there with you: Tell your members of Congress my plan will speed up growth now. Tell them they'll have a price to pay if they continue to hold our economy hostage to election year politics. Tell them to approve my growth initiatives -- without delay. Tell them to release this economy, \ approve my jobs program, and put America back to work now. 11