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Bicentennial Celebration - Treasury Department 9/11/89
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7
THE WHITE HOUSE
Office of the Press Secretary
For Immediate Release
September 11, 1989
REMARKS BY THE PRESIDENT
DURING BICENTENNIAL CELEBRATION OF
THE TREASURY DEPARTMENT
The Treasury Department
Washington, D.C.
2:30 P.M. EDT
THE PRESIDENT: Thank you all. I notice one lady just
passed out, and I hadn't even begun to speak yet. (Laughter.) Thank
you, Mr. Secretary. What a job Nick Brady is doing as our Secretary,
at the helm here in the Treasury -- (applause) -- I'm grateful to him
in every way. (Applause.) And I feel the same way about the
dedicated staff here at this magnificent Department. I, too, want to
acknowledge the all-star cast of past Secretaries, four of whom I
believe are sitting over here -- Secretary Barr and Fowler and Miller
and Simon -- are in the front line right over here, and I'm delighted
that they're here today.
On the end down there I think I see a refugee -- Dick
Darman, who used to be Deputy Secretary, and is now doing a superb
job across the way here as head of OMB. And of course I wasn't sure
anybody could fill his shoes, and now we have our Deputy Secretary
John Robson with me today. So we've got a first-class team here at
Treasury, and I certainly want to salute Nick's precedessors who are
with us today.
I want to thank you for inviting a neighbor to your
celebrations. I know it's not easy to be next door to a house that
gets about 5,000 visitors a day. Fortunately for us, Treasury's
200th birthday fell on a Monday, so we've got the driveway all to
ourselves. of course, I told Barbara, who may be -- I don't see her,
but I thought she might be watching -- that I wouldn't invite all of
you over to the house for a quick tour. (Laughter.)
But I understand that the Treasury wanted to celebrate
its 200th anniversary the way Malcolm Forbes celebrated his 70th
birthday. (Laughter) But unfortunately, or fortunately, Kitty,
Secretary Brady doesn't know Elizabeth Taylor that well, and the
Treasury doesn't have near as much money as Malcolm. So that idea
fell through. (Laughter.)
But some of the greatest American statesmen, as Nick
said, were involved in the Treasury's beginning. Thomas Jefferson
invented the American monetary system. There have been others who
have tried to invent money -- many of them in prison, thank heavens
-- (laughter.)
Legend has it that Andrew Jackson ordered the Treasury
built on this site, despite the fact that it blocked the view of the
Capitol. Now, I've heard some folks down on the other end of
Pennsylvania Avenue say that I can't see past the Treasury -- and I
want you to know there's nothing wrong with that -- nothing at all.
(Laughter.)
I'm honored to join you in celebrating this day -- 200
years since the first Treasury Secretary, Alexander Hamilton, took
the oath of office. And it's a great pleasure to be with so many of
the dedicated public servants who carry on Hamilton's tradition
today.
MORE
Document No.
WHITE HOUSE STAFFING MEMORANDUM
9/8/89
DATE:
ACTION/CONCURRENCE/COMMENT DUE BY:
PRESIDENTIAL REMARKS: TREASURY DEPARTMENT BICENTENNIAL
SUBJECT:
ACTION FYI
ACTION FYI
4
VICE PRESIDENT
MCCLURE
SUNUNU
NEWMAN
SCOWCROFT
PORTER
DARMAN
STUDDERT
BATES
UNTERMEYER
BREEDEN
ROGERS
CARD
WINSTON
CICCONI
PINKERTON
DEMAREST
FITZWATER
GRAY
HAGIN
REMARKS:
The attached has been forwarded to the President.
RESPONSE:
James W. Cicconi
Assistant to the President
and Deputy to the Chief of Staff
Ext. 2702
2
his 70th -- but unfortunately, Treasury doesn't have as much
money as Malcolm does. [[Pause]]
Some of the greatest American statesmen were involved in
Treasury's beginnings. It was Thomas Jefferson who invented the
American monetary system. True, there have been others who
invented money -- but they're in prison. [[Pause]]
Legend has it that Andrew Jackson ordered the Treasury built
on this site, despite the fact that it blocked the view of the
Capitol. Now, I've heard some folks down on the other end of
Pennsylvania Avenue say that I can't see past the Treasury -- and
I want you to know I don't think there's anything wrong with
that. [[Pause]]
I am honored to join you in celebrating this day -- 200
years since the first Treasury Secretary, Alexander Hamilton,
took the oath of office. And it's a great pleasure to be with so
many of the dedicated public servants who carry on Hamilton's
tradition today.
We all know the Treasury is one of the original four
departments established by the First Congress. What isn't as
well known is that in its long history, Treasury has been in some
ways the birthplace of the federal bureaucracy. The U.S. Postal
Service, the Public Health Service, the Coast Guard, the
3
Departments of Interior, Commerce and Labor, the President's own
budget office, OMB -- all were once part of Treasury's domain.
Even with these spin-offs, there is more than enough
remaining in Treasury's portfolio. Treasury has grown -- from
the original six officers authorized in 1789 to 150,000 employees
today. And the work you do here has national -- and
international -- implications.
From public finance to law enforcement to the challenge of
Third World debt, Treasury is at the center of public debate.
Sustaining our long-running economic expansion, restructuring our
Savings and Loans, putting the Brady plan to work in the
developing world: Many of the challenges our nation and the
world will face in the decade ahead will be the challenges you
face each working day at Treasury. I know that everyone from
Nick Brady on down is tackling those challenges with energy and
ingenuity.
It has been my privilege today to join you in this
celebration. You can all be proud of the long, illustrious
history of your institution -- and the new chapter you are
writing here at Treasury today.
God bless you, and God bless the United States of America.
# # #
- 11 -
TREASURY, IRS AND CUSTOMS ARE DOING FIRST-RATE WORK
TRACING THE PATH OF DRUG PROFITS IN THE WORLD'S BANKING
SYSTEM. AND SECRETARY BRADY IS WORKING CLOSELY WITH
OUR PARTNERS IN THE G-7 TO WAGE AN INTERNATIONAL BATTLE
AGAINST MONEY LAUNDERING.
MAKE NO MISTAKE: WE'RE GOING TO TRACK EVERY LEAD
WE RECEIVE FROM WHATEVER SOURCE TO SEPARATE THE DRUG
BARONS FROM THEIR DRUG MONEY.
FINAL
McGroarty/Dooley
September 6,
8:45 a.m.
[TREASURY]
PRESIDENTIAL REMARKS:
DEPARTMENT OF THE TREASURY BICENTENNIAL
EAST DRIVEWAY
SEPTEMBER 11, 1989
2:20 P.M.
Thank you. [Acknowledgements. ] Secretary Nick Brady, who
is doing such a fine job at the helm here at Treasury. The
dedicated staff of the Treasury Department. And I also want to
acknowledge the all-star assemblage of past Secretaries of the
Treasury here today. [Invitees who may attend: Douglas Dillon,
Henry Fowler, Joseph Barr, David Kennedy, John Connally, William
Simon, William Miller, Donald Regan, James Baker.] Men whose
talents are testimony to the high tradition of public service
that has been a hallmark at Treasury for 200 years.
I want to thank you for inviting a neighbor to your
celebrations. I know it's not easy being next door to a house
that gets about 5,000 visitors a day. Fortunately for us,
Treasury's 200th birthday fell on a Monday, so we've got the
driveway to ourselves. [[Pause]] Of course, I did have to
promise Barbara I wouldn't ask all of you over to the house for a
quick tour.
I understand that the Treasury Department wanted to
celebrate its 200th anniversary the way Malcolm Forbes celebrated
2
his 70th -- but unfortunately, [Secretary Brady doesn't know
Elizabeth Taylor] and Treasury doesn't have as much money as
Malcolm does. [[Pause]]
Some of the greatest American statesmen were involved in
Treasury's beginnings. It was Thomas Jefferson who invented the
American monetary system. True, there have been others who
invented money -- but they're in prison. [[Pause] ]
Legend has it that Andrew Jackson ordered the Treasury built
on this site, despite the fact that it blocked the view of the
Capitol. Now, I've heard some folks down on the other end of
Pennsylvania Avenue say that I can't see past the Treasury -- and
I want you to know I don't think there's anything wrong with
that. [ [Pause]]
I am honored to join you in celebrating this day -- 200
years since the first Treasury Secretary, Alexander Hamilton,
took the oath of office. And it's a great pleasure to be with so
many of the dedicated public servants who carry on Hamilton's
tradition today.
We all know the Treasury is one of the original four
departments established by the First Congress. What isn't as
well known is that in its long history, Treasury has been in some
ways the birthplace of the federal bureaucracy. The U.S. Postal
3
Service, the Public Health Service, the Coast Guard, the
Departments of Interior, Commerce and Labor, the President's own
budget office, OMB -- all were once part of Treasury's domain.
Even with these spin-offs, there is more than enough
remaining in Treasury's portfolio. Treasury has grown -- from
the original six officers authorized in 1789 to 150,000 employees
today. And the work you do here has national -- and
international -- implications.
From public finance to law enforcement to the challenge of
Third World debt, Treasury is at the center of public debate.
Sustaining our long-running economic expansion, restructuring our
Savings and Loans, putting the Brady plan to work in the
developing world: Many of the challenges our nation and the
world will face in the decade ahead will be the challenges you
face each working day at Treasury -- including the war on drugs.
Treasury is making an outstanding contribution to our
nation's fight against drugs. The Customs Service's interdiction
capabilities have never been better. Agents from the Bureau of
Alcohol, Tobacco and Firearms are also on the front lines --
investigating the violent, gun-running organizations allied with
the drug lords.
4
But there's another front in the battle. The white-collar
end of the drug trade: money laundering. Treasury, IRS and
Customs are doing first-rate work tracing the path of drug
profits in the world's banking system. And Secretary Brady is
working closely with our partners in the G-7 to wage an
international battle against money laundering.
Make no mistake: we're going to track every lead we receive
from the government of Columbia to separate the drug barons from
their drug money. The bravery and courage shown by President
Barco and the people of Columbia demand nothing less.
The international drug cartel is a multi-billion dollar
business. We've got to hit the drug lords where it counts: It's
time to take the profit out of the drug trade.
Now, I know you are all interested in the current state of
play in Columbia. Let me tell you where we stand this afternoon:
First, we're making good progress in getting the much-needed
military aid and equipment on the ground in Columbia. As of
today, we've supplied over ten million dollars worth of equipment
-- including 10 aircraft, 5 UH-1 helicopters and an assortment of
jeeps, ambulances and body armor. 16 members of the American
Armed Forces are in Columbia to oversee the supply operation and
provide training.
5
Second, we're working with the Columbian judiciary to
increase the physical safety of judges and other members of the
judicial system. That includes security training -- as well as
the delivery of armored cars and vests, and communications
equipment already underway.
Third, we're moving ahead with the extraditions. Mr.
Martinez is, of course, in U.S. custody -- and three more
extradition requests granted by the Columbian government are now
in the 5-day appeal process.
I know there has been some recent discussion about U.S.
military personnel operating in the Andes. Let me state clearly:
none of the Andean nations have asked for U.S. troops -- and
there is no contemplation of the use of American armed forces in
any combat role there. No U.S. military personnel will accompany
host government forces on actual field operations. Our personnel
will provide training, equipment and operational support -- as we
have been asked to do. [[Pause]]
It has been my privilege today to join you in this
celebration. You can all be proud of the long, illustrious
history of your institution -- and the new chapter you are
writing here at Treasury today.
God bless you, and God bless the United States of America.
# # #
Treas. Jusant
NSC
9/11/89 pm.
ASSISTANCE TO COLOMBIA
- Dmcr
I know that you are interested in the current state of play in
Colombia. Let me provide you with some details concerning where
we stand this morning:
As part of the emergency military aid package, we have delivered
the following equipment:
8
A-37 aircraft with spare parts
2
C-130B aircraft with spare parts
5
UH-1 helicopters with spare parts
and an assortment of jeeps, ambulances, and body armor.
As of today we have supplied $10.3 million in equipment. The
assistance is being provided to both the Colombian military and
the Colombian police, with the police as the number one priority.
In support of this assistance, there are currently in Colombia
16 U.S. Armed Forces personnel, predominantly airlift control
specialists, together with a few trainers and security
specialists. In addition, we already have a military and a
counternarcotics mobile training team there.
We have also been working on a judicial protection assistance
program with the Colombian Government. Some training has already
begun to help the judges protect themselves. We will also
provide armored cars, armored vests, some of which have already
been delivered, and communications equipment.
As you know we already have Mr. Martinez in custody in the U.S.
and we have three extradition requests which the Colombians have
granted and which are currently in the 5-day appeal process. We
have a number of other extradition requests with the Colombian
Government, but these individuals have not been apprehended. Our
cooperation with the Colombian Government has been excellent.
I know there has been some recent discussion of U.S. Armed Forces
personnel operating in the Andes. Let me emphasize that none of
these countries have asked for U.S. troops, and there is no
contemplation of the use of United States Armed Forces personnel
in any combat role there. What the countries did ask for and
what we will provide is training for their police and military
personnel, equipment, and operational support. No U.S. military
personnel will accompany host government forces on actual field
operations. Thus U.S. personnel in these countries will provide
training on U.S. -provided equipment and the tactics related to
the employment of that equipment, and they will provide
logistical support.
09/11/89
11:15
202 786 8433
PA
INSERT PRESIDENT'S BICENTENNIAL SPEECH, P.3, PARA. 10 SECOND TO
LAST SENTENCE SHOULD CHANGE TO READ:
Many of the challenges our nation and the world will face in
the decade ahead will be the challenges you face each working day
at Treasury, including the war on drugs.
Treasury is making an outstanding contribution to our
nation's fight against drugs. The Customs Service is on our
borders with the best interdiction capability in our nation's
history. Agents from the Bureau of Alcohol, Tobacco and Firearms
are also on the front lines -- investigating the violent, gun-
running organizations allied with the drug trade.
Treasury, IRS and Customs are doing a great job in their
financial investigations into money laundering. Through this
work, we can help the Colombian government crack down on the
vicious drug lords preying on society. We want to locate drug
traffickers' ill-gotten gains in this country and elsewhere.
Secretary Brady is working closely with our G-7 partners to
strengthen the international system on money laundering. Any
leads on drug money we receive from the Colombian government will
be followed up vigorously. We will continue to work with
President Barco of Colombia and help him in this vital effort he
and the brave people of Colombia are undertaking. Through
cooperation, stronger reporting and sharing of intelligence we
can take the profit out of this deadly business.
Chriss-
THE WHITE HOUSE
WASHINGTON
September 6, 1989
INFORMATION
MEMORANDUM FOR THE PRESIDENT
THROUGH: CHRISS WINSTON an
FROM:
DANIEL McGROARTY DM.r
SUBJECT: REMARKS AT TREASURY DEPARTMENT BICENTENNIAL
I. SUMMARY
On September 11 at 2:20 p.m., you will make brief remarks at
the bicentennial celebration of the Department of the Treasury.
The event will be held on the Treasury steps on the East
Driveway. In addition to current Treasury staff, as many as nine
former Secretaries of the Treasury may be in attendance.
II. DISCUSSION
Your remarks acknowledge the historical importance of the
Department of the Treasury, and focus on the broad range of
issues under Treasury's domain.
McGroarty/Dooley
September 6,
8:45 a.m.
[TREASURY]
PRESIDENTIAL REMARKS: DEPARTMENT OF THE TREASURY BICENTENNIAL
EAST DRIVEWAY
SEPTEMBER 11, 1989
2:20 P.M.
Thank you. [Acknowledgements.] Secretary Nick Brady, who
is doing such a fine job at the helm here at Treasury. The
dedicated staff of the Treasury Department. And I also want to
acknowledge the all-star assemblage of past Secretaries of the
Treasury here today. [Invitees who may attend: Douglas Dillon,
Henry Fowler, Joseph Barr, David Kennedy, John Connally, William
Simon, William Miller, Donald Regan, James Baker.] Men whose
talents are testimony to the high tradition of public service
that has been a hallmark at Treasury for 200 years.
I want to thank you for inviting a neighbor to your
celebrations. I know it's not easy being next door to a house
that gets about 5,000 visitors a day. Fortunately for us,
Treasury's 200th birthday fell on a Monday, so we've got the
driveway to ourselves. [[Pause]] of course, I did have to
promise Barbara I wouldn't ask all of you over to the house for a
quick tour.
I understand that the Treasury Department wanted to
celebrate its 200th anniversary the way Malcolm Forbes celebrated
JohnGmanercalled -
his Presidential comments
ch
mon
on Treasury Aniv.
in
Ame: Tre: - Top of P.2 add
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5
inv
Unfortunately [Secretary
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Brady doesnbenow Elizabeth
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9/8/89 KG
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too]
with so
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i's
tra
50pm
We all know the Treasury is one or the original four
departments established by the First Congress. What isn't as
well known is that in its long history, Treasury has been in some
ways the birthplace of the federal bureaucracy. The U.S. Postal
Service, the Public Health Service, the Coast Guard, the
3
Departments of Interior, Commerce and Labor, the President's own
budget office, OMB -- all were once part of Treasury's domain.
Even with these spin-offs, there is more than enough
remaining in Treasury's portfolio. Treasury has grown -- from
the original six officers authorized in 1789 to 150,000 employees
today. And the work you do here has national -- and
international -- implications.
From public finance to law enforcement to the challenge of
Third World debt, Treasury is at the center of public debate.
Sustaining our long-running economic expansion, restructuring our
Savings and Loans, putting the Brady plan to work in the
developing world: Many of the challenges our nation and the
world will face in the decade ahead will be the challenges you
face each working day at Treasury. I know that everyone from
Nick Brady on down is tackling those challenges with energy and
ingenuity.
It has been my privilege today to join you in this
celebration. You can all be proud of the long, illustrious
history of your institution -- and the new chapter you are
writing here at Treasury today.
God bless you, and God bless the United States of America.
# # #
Document No.
068862SS
6933
WHITE HOUSE STAFFING MEMORANDUM
8/31/89
9/5/89 NOON
DATE:
ACTION/CONCURRENCE/COMMENT DUE BY:
PRESIDENTIAL REMARKS: TREASURY DEPARTMENT BICENTENNIAL
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
MCCLURE
SUNUNU
NEWMAN
SCOWCROFT
PORTER
DARMAN
STUDDERT
BATES
UNTERMEYER
ROGERS
BREEDEN
WINSTON
CARD
CICCONI
PINKERTON
DEMAREST
FITZWATER
GRAY n/c
HAGIN
REMARKS:
Please forward any comments to Chriss Winston, Rm. 122, x2930,
no later than NOON, Tuesday, September 5, with a copy to my
office. Thank you.
P6:10
89 SEP P6: 10
RESPONSE:
September 6, 1989
TO: CHRISS WINSTON
The NSC concurs with the Presidential remarks for the Department of the
Treasury Picentennial on September 11.
Brent RSta Scowcroft
James W. Cicconi
Assistant to the President
and Deputy to the Chief of Staff
CC: James I. Cicconi
Ext. 2702
01 :89 01:89 a a 933.00
6S :21d S PEP 68
McGroarty/Dooley
89AUG31 P12: 10
August 31, 1989
10:30 a.m.
[TREASURY]
PRESIDENTIAL REMARKS: DEPARTMENT OF THE TREASURY BICENTENNIAL
EAST DRIVEWAY
SEPTEMBER 11, 1989
2:20 P.M.
Thank you. [Acknowledgements.] Secretary Nick Brady, who
is doing such a fine job at the helm here at Treasury. The
dedicated staff of the Treasury Department. And I also want to
acknowledge the all-star assemblage of past Secretaries of the
Treasury here today. [Invitees who may attend: Douglas Dillon,
Henry Fowler, Joseph Barr, David Kennedy, John Connally, William
Simon, William Miller, Donald Regan, James Baker.] Men whose
talents are testimony to the high tradition of public service
that has been a hallmark at Treasury for 200 years.
I want to thank you for inviting a neighbor to your
celebrations. I know it's not easy being next door to a house
that gets about 5,000 visitors a day. Fortunately for us,
Treasury's 200th birthday fell on a Monday, so we've got the
driveway to ourselves. [[Pause]] of course, I did have to
promise Barbara I wouldn't ask all of you over to the house for a
quick tour.
I understand that the Treasury Department wanted to
celebrate its 200th anniversary the way Malcolm Forbes celebrated
2
his 70th -- but unfortunately, Treasury doesn't have as much
money as Malcolm does. [[Pause]]
Some of the greatest American statesmen were involved in
Treasury's beginnings. It was Thomas Jefferson who invented the
American monetary system. True, there have been others who
invented money -- but they're in prison. [[Pause]]
Legend has it that Andrew Jackson ordered the Treasury built
on this site, despite the fact that it blocked the view of the
Capitol. Now, I've heard some folks down on the other end of
Pennsylvania Avenue say that I can't see past the Treasury -- and
I want you to know I don't think there's anything wrong with
that. [[Pause]]
But it is handy to have Treasury for a neighbor. You never
know when you might need to pop next door to the Cash Room and
borrow a cup of money.
I am honored to join you in celebrating this day, 200 years
since the first Treasury Secretary, Alexander Hamilton, took the
oath of office -- with so many of the dedicated public servants
who have carried on, and who carry on today, Hamilton's
tradition.
3
We all know the Treasury is one of the original four)
departments established by the First Congress. What isn't as
well known is that in its long history, Treasury has been in some
ways the birthplace of the federal bureaucracy. The U.S. Postal
Service, the Public Health Service -- now the cornerstone of HHS
-- the Coast Guard, the Departments of Interior, Commerce and
Labor, the President's own budget office, the OMB: all were once
part of Treasury's domain.
Even with these spin-offs, there is more than enough
remaining in Treasury's portfolio. Treasury has grown -- from
the original six officers authorized in 1789 to 160,000 employees
today. And the work you do here has national -- and
international -- implications.
From public finance to law enforcement to the challenge of
Third World debt, Treasury is at the center of public debate.
Sustaining our long-running economic expansion, restructuring our
Savings and Loans, putting the Brady plan to work in the
developing world: Many of the challenges our nation and the
world will face in the decade ahead will be the challenges you
face each working day at Treasury. I know that everyone from
Nick Brady on down is tackling those challenges with energy and
ingenuity.
4
It has been my privilege today to join you in this
celebration. You can all be proud of the long, illustrious
history of your institution -- and the new chapter you are
writing here at Treasury today.
God bless you, and God bless the United States of America.
# # #
Document No.
068862SS
WHITE HOUSE STAFFING MEMORANDUM
8/31/89
9/5/89 NOON
DATE:
ACTION/CONCURRENCE/COMMENT DUE BY:
PRESIDENTIAL REMARKS: TREASURY DEPARTMENT BICENTENNIAL
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
MCCLURE looking at it
SUNUNU
NEWMAN
SCOWCROFT Never got Copy
PORTER looking cant
DARMAN coming
STUDDERT N/C
BATES N/C
UNTERMEYER
ROGERS
BREEDEN gererry
WINSTON
CARD
CICCONI
PINKERTON 1250p
DEMAREST
FITZWATER
GRAY
HAGIN
REMARKS:
68
Please forward any comments to Chriss Winston, Rm. 122, x2930,
no later than NOON, Tuesday, September 5, with a copy to my
office. Thank you.
31 P5: 08
RESPONSE:
James W. Cicconi
Assistant to the President
and Deputy to the Chief of Staff
Ext. 2702
2
his 70th -- but unfortunately, Treasury doesn't have as much
money as Malcolm does. [[Pause]]
Some of the greatest American statesmen were involved in
Treasury's beginnings. It was Thomas Jefferson who invented the
American monetary system. True, there have been others who
invented money -- but they're in prison. [[Pause]]
Legend has it that Andrew Jackson ordered the Treasury built
on this site, despite the fact that it blocked the view of the
Capitol. Now, I've heard some folks down on the other end of
Pennsylvania Avenue say that I can't see past the Treasury -- and
I want you to know I don't think there's anything wrong with
that. [[Pause]]
But it is handy to have Treasury for a neighbor. You never
know when you might need to pop next door to the Cash Room and
borrow a cup of money.
I am honored to join you in celebrating this day 200 years
since the first Treasury Secretary, Alexander Hamilton, took the
and to a great pleasure to we
oath of office. with so many of the dedicated public servants
who have carried on, and who carry on today Hamilton's
tradition + oday.
4
It has been my privilege today to join you in this
celebration. You can all be proud of the long, illustrious
history of your institution -- and the new chapter you are
writing here at Treasury today.
God bless you, and God bless the United States of America.
# # #
THE WHITE HOUSE
WASHINGTON
September 5, 1989
MEMORANDUM FOR CHRISS WINSTON
FROM:
ROGER B. PORTER RBP
SUBJECT:
Presidential Remarks: Treasury Department
Bicentennial
The draft remarks are well written and appropriate for the
occasion. We have one editorial suggestion. We believe having
the President associated in any way with the Malcolm Forbes
extravaganza, even in a humorous way, is unwise. We therefore,
suggest striking the third paragraph on page one.
If you have any questions or we can help in any other way,
please let me know.
CC: James W. Cicconi
89 SEP 5 P3: 24
Document No.
068862SS
WHITE HOUSE STAFFING MEMORANDUM
8/31/89
9/5/89 NOON
DATE:
ACION/CONCURRENCE/COMMENT DUE BY:
PRESIDENTIAL REMARKS: TREASURY DEPARTMENT BICENTENNIAL
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
MCCLURE
SUNUNU
NEWMAN
SCOWCROFT
PORTER
DARMAN
STUDDERT
BATES
UNTERMEYER
ROGERS
BREEDEN
WINSTON
CARD
CICCONI
PINKERTON
DEMAREST
FITZWATER
GRAY n/c
HAGIN
REMARKS:
Please forward any comments to Chriss Winston, Rm. 122, x2930,
no later than NOON, Tuesday, September 5, with a copy to my
office. Thank you.
RESPONSE:
James W. Cicconi
Assistant to the President
and Deputy to the Chief of Staff
Ext. 2702
HAving the Pres assuated in uy
way Anth a humans ye way Malcata Krises extracing
even in the From of a ple, is yesaby
unair,
McGroarty/Dooley
09 AUG 31 P12 : 09
August 31, 1989
10:30 a.m.
[TREASURY]
PRESIDENTIAL REMARKS: DEPARTMENT OF THE TREASURY BICENTENNIAL
EAST DRIVEWAY
SEPTEMBER 11, 1989
2:20 P.M.
Thank you. [Acknowledgements.] Secretary Nick Brady, who
is doing such a fine job at the helm here at Treasury. The
dedicated staff of the Treasury Department. And I also want to
acknowledge the all-star assemblage of past Secretaries of the
Treasury here today. [Invitees who may attend: Douglas Dillon,
Henry Fowler, Joseph Barr, David Kennedy, John Connally, William
Simon, William Miller, Donald Regan, James Baker.] Men whose
talents are testimony to the high tradition of public service
that has been a hallmark at Treasury for 200 years.
I want to thank you for inviting a neighbor to your
celebrations. I know it's not easy being next door to a house
that gets about 5,000 visitors a day. Fortunately for us,
Treasury's 200th birthday fell on a Monday, so we've got the
driveway to ourselves. [[Pause]] of course, I did have to
promise Barbara I wouldn't ask all of you over to the house for a
quick tour.
I understand that the Treasury Department wanted to
celebrate its 200th anniversary the way Malcolm Forbes celebrated
2
his 70th -- but unfortunately, Treasury doesn't have as much
money as Malcolm does. [[Pause]]
Some of the greatest American statesmen were involved in
Treasury's beginnings. It was Thomas Jefferson who invented the
American monetary system. True, there have been others who
invented money -- but they're in prison. [[Pause]]
Legend has it that Andrew Jackson ordered the Treasury built
on this site, despite the fact that it blocked the view of the
Capitol. Now, I've heard some folks down on the other end of
Pennsylvania Avenue say that I can't see past the Treasury -- and
I want you to know I don't think there's anything wrong with
that. [[Pause]]
But it is handy to have Treasury for a neighbor. You never
know when you might need to pop next door to the Cash Room and
borrow a cup of money.
I am honored to join you in celebrating this day, 200 years
since the first Treasury Secretary, Alexander Hamilton, took the
oath of office -- with so many of the dedicated public servants
who have carried on, and who carry on today, Hamilton's
tradition.
3
We all know the Treasury is one of the original four
departments established by the First Congress. What isn't as
well known is that in its long history, Treasury has been in some
ways the birthplace of the federal bureaucracy. The U.S. Postal
Service, the Public Health Service -- now the cornerstone of HHS
-- the Coast Guard, the Departments of Interior, Commerce and
Labor, the President's own budget office, the OMB: all were once
part of Treasury's domain.
Even with these spin-offs, there is more than enough
remaining in Treasury's portfolio. Treasury has grown -- from
the original six officers authorized in 1789 to 160,000 employees
today. And the work you do here has national -- and
international -- implications.
From public finance to law enforcement to the challenge of
Third World debt, Treasury is at the center of public debate.
Sustaining our long-running economic expansion, restructuring our
Savings and Loans, putting the Brady plan to work in the
developing world: Many of the challenges our nation and the
world will face in the decade ahead will be the challenges you
face each working day at Treasury. I know that everyone from
Nick Brady on down is tackling those challenges with energy and
ingenuity.
4
It has been my privilege today to join you in this
celebration. You can all be proud of the long, illustrious
history of your institution -- and the new chapter you are
writing here at Treasury today.
God bless you, and God bless the United States of America.
# # #
Document No.
068862SS
WHITE HOUSE STAFFING MEMORANDUM
8/31/89
9/5/89 NOON-
DATE:
ACTION/CONCURRENCE/COMMENT DUE BY:
PRESIDENTIAL REMARKS: TREASURY DEPARTMENT BICENTENNIAL
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
MCCLURE
SUNUNU
NEWMAN
SCOWCROFT
PORTER
DARMAN
STUDDERT
BATES
UNTERMEYER
BREEDEN
ROGERS
WINSTON
CARD
CICCONI
PINKERTON
DEMAREST
FITZWATER
GRAY
HAGIN
REMARKS:
Please forward any comments to Chriss Winston Rm. 122, x2930,
no later than NOON, Tuesday, September 5, with a copy to my
office. Thank you.
RESPONSE:
Legislative Affairs has no comments.
-Rob Partman S SEP 9/5/89
James W. Cicconi
Assistant to the President
and Deputy to the Chief of Staff
Ext. 2702
Document No.
068862SS
WHITE HOUSE STAFFING MEMORANDUM
8/31/89
9/5/89 NOON
DATE:
ACTION/CONCURRENCE/COMMENT DUE BY:
PRESIDENTIAL REMARKS: TREASURY DEPARTMENT BICENTENNIAL
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
MCCLURE
SUNUNU
NEWMAN
SCOWCROFT
PORTER
DARMAN
STUDDERT
BATES
UNTERMEYER
BREEDEN
ROGERS
CARD
WINSTON
CICCONI
PINKERTON
DEMAREST
FITZWATER
GRAY
HAGIN
REMARKS:
Please forward any comments to Chriss Winston, Rm. 122, x2930,
no later than NOON, Tuesday, September 5, with a copy to my
office. Thank you.
RESPONSE:
89 SEP 5 P2: 13
See
9/5/89
James W. Cicconi
Assistant to the President
and Deputy to the Chief of Staff
Ext. 2702
McGroarty/Dooley
09 AUG 31 P12 : 09
August 31, 1989
10:30 a.m.
[TREASURY]
PRESIDENTIAL REMARKS: DEPARTMENT OF THE TREASURY BICENTENNIAL
EAST DRIVEWAY
SEPTEMBER 11, 1989
2:20 P.M.
Thank you. [Acknowledgements.] Secretary Nick Brady, who
is doing such a fine job at the helm here at Treasury. The
Under
Indutary
dedicated staff of the Treasury Department. And I also want to
acknowledge the all-star assemblage of past Secretaries of the
Plattorm.
Treasury here today. [Invitees who may attend: Douglas Dillon,
Henry Fowler, Joseph Barr, David Kennedy, John Connally, William
Jaffage
Stage
Left.
Simon, William Miller, Donald Regan, James Baker.] Men whose
talents are testimony to the high tradition of public service
that has been a hallmark at Treasury for 200 years.
I want to thank you for inviting a neighbor to your
celebrations. I know it's not easy being next door to a house
that gets about 5,000 visitors a day. Fortunately for us,
Treasury's 200th birthday fell on a Monday, so we've got the
driveway to ourselves. [[Pause]] of course, I did have to
promise Barbara I wouldn't ask all of you over to the house for a
quick tour.
I understand that the Treasury Department wanted to
celebrate its 200th anniversary the way Malcolm Forbes celebrated
2
his 70th -- but unfortunately, Treasury doesn't have as much
money as Malcolm does. [[Pause]]
Some of the greatest American statesmen were involved in
Treasury's beginnings. It was Thomas Jefferson who invented the
American monetary system. True, there have been others who
invented money -- but they're in prison. [[Pause]]
Legend has it that Andrew Jackson ordered the Treasury built
on this site, despite the fact that it blocked the view of the
Capitol. Now, I've heard some folks down on the other end of
Pennsylvania Avenue say that I can't see past the Treasury -- and
I want you to know I don't think there's anything wrong with
that. [[Pause]]
But it is handy to have Treasury for a neighbor. You never
know when you might need to pop next door to the Cash Room and
borrow a cup of money.
I am honored to join you in celebrating this day, 200 years
since the first Treasury Secretary, Alexander Hamilton, took the
oath of office -- with so many of the dedicated public servants
who have carried on, and who carry on today, Hamilton's
tradition.
3
We all know the Treasury is one of the original four
departments established by the First Congress. What isn't as
well known is that in its long history, Treasury has been in some
ways the birthplace of the federal bureaucracy. The U.S. Postal
Service, the Public Health Service -- now the cornerstone of HHS
-- the Coast Guard, the Departments of Interior, Commerce and
Labor, the President's own budget office, the OMB: all were once
part of Treasury's domain.
Even with these spin-offs, there is more than enough
remaining in Treasury's portfolio. Treasury has grown -- from
the original six officers authorized in 1789 to 160,000 150 employees
today. And the work you do here has national -- and
international -- implications.
From public finance to law enforcement to the challenge of
Third World debt, Treasury is at the center of public debate.
Sustaining our long-running economic expansion, restructuring our
Savings and Loans, putting the Brady plan to work in the
developing world: Many of the challenges our nation and the
world will face in the decade ahead will be the challenges you
face each working day at Treasury. I know that everyone from
Nick Brady on down is tackling those challenges with energy and
ingenuity.
4
It has been my privilege today to join you in this
celebration. You can all be proud of the long, illustrious
history of your institution -- and the new chapter you are
writing here at Treasury today.
God bless you, and God bless the United States of America.
# # #
Document No.
068862SS
WHITE HOUSE STAFFING MEMORANDUM
8/31/89
9/5/89 NOON
DATE:
ACTION/CONCURRENCE/COMMENT DUE BY:
PRESIDENTIAL REMARKS: TREASURY DEPARTMENT BICENTENNIAL
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
MCCLURE
SUNUNU
NEWMAN
SCOWCROFT
PORTER
DARMAN
STUDDERT
BATES
UNTERMEYER
BREEDEN
ROGERS
CARD
WINSTON
CICCONI
PINKERTON
DEMAREST
FITZWATER
GRAY
HAGIN
REMARKS:
Please forward any comments to Chriss Winston, Rm. 122, x2930,
no later than NOON, Tuesday, September 5, with a copy to my
office. Thank you.
68
RESPONSE:
SEP 5 P12:
44
James W. Cicconi
Assistant to the President
and Deputy to the Chief of Staff
Ext. 2702
COFFEE DIE OF MAKAG PRESIDENT o STATES AND & UNITED
EXECUTIVE OFFICE OF THE PRESIDENT
OFFICE OF MANAGEMENT AND BUDGET
WASHINGTON, D.C. 20503
NOTICE:
Enclosed are comments from staff members of the Office of
Management and Budget (OMB) Such comments do not necessarily
represent the official position of the Director of OMB or of the
Office of Management and Budget. If you wish to have the
Director's personal comments, please let me know -- and contact
me if you have any questions.
David J. Haun
Executive Assistant
to the Director
McGroarty/Dooley
39 AUG 31 P12 : 09
August 31, 1989
10:30 a.m.
[TREASURY]
PRESIDENTIAL REMARKS: DEPARTMENT OF THE TREASURY BICENTENNIAL
EAST DRIVEWAY
SEPTEMBER 11, 1989
2:20 P.M.
Thank you. [Acknowledgements. \ Secretary Nick Brady, who
is doing such a fine job at the helm here at Treasury. The
dedicated staff of the Treasury Department. And I also want to
acknowledge the all-star assemblage of past Secretaries of the
Treasury here today. [Invitees who may attend: Douglas Dillon,
Henry Fowler, Joseph Barr, David Kennedy, John Connally, William
Simon, William Miller, Donald Regan, James Baker.] Men whose
talents are testimony to the high tradition of public service
that has been a hallmark at Treasury for 200 years.
I want to thank you for inviting a neighbor to your
celebrations. I know it's not easy being next door to a house
that gets about 5,000 visitors a day. Fortunately for us,
Treasury's 200th birthday fell on a Monday, so we've got the
driveway to ourselves. [[Pause]] of course, I did have to
promise Barbara I wouldn't ask all of you over to the house for a
quick tour.
I understand that the Treasury Department wanted to
celebrate its 200th anniversary the way Malcolm Forbes celebrated
2
his 70th -- but unfortunately, Treasury doesn't have as much
money as Malcolm does. [ [Pause] ]
Some of the greatest American statesmen were involved in
Treasury's beginnings. It was Thomas Jefferson who invented the
American monetary system. True, there have been others who
invented money -- but they're in prison. [[Pause] ]
Legend has it that Andrew Jackson ordered the Treasury built
on this site, despite the fact that it blocked the view of the
Capitol. Now, I've heard some folks down on the other end of
Pennsylvania Avenue say that I can't see past the Treasury -- and
I want you to know I don't think there's anything wrong with
that. [ [Pause] ]
?
But it is handy to have Treasury for a neighbor. You never
know when you might need to pop next door to the Cash Room and
mollio60
borrow a cup of money.
I am honored to join you in celebrating this day, 200 years
since the first Treasury Secretary, Alexander Hamilton, took the
oath of office -- with so many of the dedicated public servants
who have carried on, and who carry on today, Hamilton's
tradition.
3
We all know the Treasury is one of the original four
departments established by the First Congress. What isn't as
well known is that in its long history, Treasury has been in some
ways the birthplace of the federal bureaucracy. The U.S. Postal
Service the Public Health Service -- now the cornerstone of HHS
Mollin
4
the Coast Guard the Departments of Interior, Commerce and
09057
Molen
Labor
the President's own budget office, the OMB: all were once
X3060
part of Treasury's domain.
Even with these spin-offs, there is more than enough
remaining in Treasury's portfolio. Treasury has grown -- from
the original six officers authorized in 1789 to 160,000 employees
today. And the work you do here has national -- and
international -- implications.
From public finance to law enforcement to the challenge of
Third World debt, Treasury is at the center of public debate.
Sustaining our long-running economic expansion, restructuring our
Savings and Loans, putting the Brady plan to work in the
developing world: Many of the challenges our nation and the
world will face in the decade ahead will be the challenges you
face each working day at Treasury. I know that everyone from
Nick Brady on down is tackling those challenges with energy and
ingenuity.
4
It has been my privilege today to join you in this
celebration. You can all be proud of the long, illustrious
history of your institution -- and the new chapter you are
writing here at Treasury today.
God bless you, and God bless the United States of America.
# # #
Document No.
068862SS
WHITE HOUSE STAFFING MEMORANDUM
8/31/89
9/5/89 NOON
DATE:
ACTION/CONCURRENCE/COMMENT DUE BY:
PRESIDENTIAL REMARKS: TREASURY DEPARTMENT BICENTENNIAL
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
MCCLURE
SUNUNU
NEWMAN
SCOWCROFT
PORTER
DARMAN
STUDDERT
BATES
UNTERMEYER
BREEDEN
ROGERS
CARD
WINSTON
CICCONI
PINKERTON
DEMAREST
FITZWATER
GRAY
HAGIN
REMARKS:
Please forward any comments to Chriss Winston, Rm. 122, x2930,
no later than NOON, Tuesday, September 5, with a copy to my
office. Thank you.
minor comment
RESPONSE:
Et : 11v S d3S 68
James W. Cicconi
Assistant to the President
and Deputy to the Chief of Staff
Ext. 2702
McGroarty/Dooley
39 AUG 31 P|2 : 09
August 31, 1989
10:30 a.m.
[TREASURY]
PRESIDENTIAL REMARKS: DEPARTMENT OF THE TREASURY BICENTENNIAL
EAST DRIVEWAY
SEPTEMBER 11, 1989
2:20 P.M.
Thank you. [Acknowledgements.] Secretary Nick Brady, who
is doing such a fine job at the helm here at Treasury. The
dedicated staff of the Treasury Department. And I also want to
acknowledge the all-star assemblage of past Secretaries of the
Treasury here today. [Invitees who may attend: Douglas Dillon,
Henry Fowler, Joseph Barr, David Kennedy, John Connally, William
Simon, William Miller, Donald Regan, James Baker.] Men whose
talents are testimony to the high tradition of public service
that has been a hallmark at Treasury for 200 years.
I want to thank you for inviting a neighbor to your
celebrations. I know it's not easy being next door to a house
that gets about 5,000 visitors a day. Fortunately for us,
Treasury's 200th birthday fell on a Monday, so we've got the
driveway to ourselves. [[Pause]] of course, I did have to
promise Barbara I wouldn't ask all of you over to the house for a
quick tour.
I understand that the Treasury Department wanted to
celebrate its 200th anniversary the way Malcolm Forbes celebrated
2
his 70th -- but unfortunately, Treasury doesn't have as much
money as Malcolm does. [[Pause]]
Some of the greatest American statesmen were involved in
Treasury's beginnings. It was Thomas Jefferson who invented the
American monetary system. True, there have been others who
invented money -- but they're in prison. [[Pause]]
Legend has it that Andrew Jackson ordered the Treasury built
on this site, despite the fact that it blocked the view of the
Capitol. Now, I've heard some folks down on the other end of
Pennsylvania Avenue say that I can't see past the Treasury -- and
I want you to know I don't think there's anything wrong with
that. [ [Pause]]
But it is handy to have Treasury for a neighbor. You never
know when you might need to pop next door to the Cash Room and
borrow a cup of money.
I am honored to join you in celebrating this day, 200 years
since the first Treasury Secretary, Alexander Hamilton, took the
oath of office -- with so many of the dedicated public servants
who have carried on, and who carry on today, Hamilton's
tradition.
3
We all know the Treasury is one of the original four
departments established by the First Congress. What isn't as
well known is that in its long history, Treasury has been in some
ways the birthplace of the federal bureaucracy. The U.S. Postal
Service, the Public Health Service -- now the cornerstone of HHS
-- the Coast Guard, the Departments of Interior, Commerce and
Labor, the President's own budget office, the OMB: all were once
part of Treasury's domain.
Even with these spin-offs, there is more than enough
remaining in Treasury's portfolio. Treasury has grown -- from
the original six officers authorized in 1789 to 160,000 employees
today. And the work you do here has national -- and
international -- implications.
From public finance to law enforcement to the challenge of
Third World debt, Treasury is at the center of public debate.
Sustaining our long-running economic expansion, restructuring our
Savings and Loans, putting the Brady plan to work in the
developing world: Many of the challenges our nation and the
world will face in the decade ahead will be the challenges you
face each working day at Treasury. I know that everyone from
Nick Brady on down is tackling those challenges with energy and
ingenuity.
4
It has been my privilege today to join you in this
celebration. You can all be proud of the long, illustrious
history of your institution -- and the new chapter you are
writing here at Treasury today.
God bless you, and God bless the United States of America.
# # #
THE WHITE HOUSE
WASHINGTON
August 31, 1989
MEMORANDUM FOR JAMES W. CICCONI
FROM:
BRENT O. HATCH Bill
SUBJECT:
Presidential Remarks: Treasury
Department Bicentennial
At your request, Counsel's office has reviewed the
captioned speech. We have no legal objections.
We appreciate having had the opportunity to review this
speech.
CC: Chriss Winston
89 AUG / AlO : 03
REMARKS: DEPARTMENT OF THE TREASURY BICENTENNIAL
EAST DRIVEWAY
SEPTEMBER 11, 1989
2:20 P.M.
THANK YOU. [ACKNOWLEDGEMENTS.I SECRETARY NICK
BRADY, WHO IS DOING SUCH A FINE JOB AT THE HELM HERE AT
TREASURY. THE DEDICATED STAFF OF THE TREASURY
DEPARTMENT.
- 2 -
AND I ALSO WANT TO ACKNOWLEDGE THE ALL-STAR ASSEMBLAGE
OF PAST SECRETARIES OF THE TREASURY HERE TODAY. MEN
WHOSE TALENTS ARE TESTIMONY TO THE HIGH TRADITION OF
PUBLIC SERVICE THAT HAS BEEN A HALLMARK AT TREASURY FOR
200 YEARS.
Barn
Fowler
Dich yes.
Miller
John
simon
,
usef.
- 3 -
I WANT TO THANK YOU FOR INVITING A NEIGHBOR TO YOUR
CELEBRATIONS. I KNOW IT'S NOT EASY BEING NEXT DOOR TO
A HOUSE THAT GETS ABOUT 5,000 VISITORS A DAY.
FORTUNATELY FOR US, TREASURY'S 200TH BIRTHDAY FELL ON A
MONDAY, SO WE'VE GOT THE DRIVEWAY TO OURSELVES.
[[PAUSE]] OF COURSE, I DID HAVE TO PROMISE BARBARA I
WOULDN'T ASK ALL OF YOU OVER TO THE HOUSE FOR A QUICK
TOUR.
- 4 -
I UNDERSTAND THAT THE TREASURY DEPARTMENT WANTED TO
CELEBRATE ITS 200TH ANNIVERSARY THE WAY MALCOLM FORBES
CELEBRATED HIS 70TH -- BUT UNFORTUNATELY, [SECRETARY
BRADY DOESN'T KNOW ELIZABETH TAYLOR] AND TREASURY
DOESN'T HAVE AS MUCH MONEY AS MALCOLM DOES. [[PAUSE]]
SOME OF THE GREATEST AMERICAN STATESMEN WERE
INVOLVED IN TREASURY'S BEGINNINGS. IT WAS THOMAS
JEFFERSON WHO INVENTED THE AMERICAN MONETARY SYSTEM.
- 5 -
TRUE, THERE HAVE BEEN OTHERS WHO INVENTED MONEY -- BUT
THEY'RE IN PRISON. [[PAUSE]]
LEGEND HAS IT THAT ANDREW JACKSON ORDERED THE
TREASURY BUILT ON THIS SITE, DESPITE THE FACT THAT IT
BLOCKED THE VIEW OF THE CAPITOL. Now, I'VE HEARD SOME
FOLKS DOWN ON THE OTHER END OF PENNSYLVANIA AVENUE SAY
THAT I CAN'T SEE PAST THE TREASURY -- AND I WANT YOU TO
KNOW I DON'T THINK THERE'S ANYTHING WRONG WITH THAT.
[[PAUSE]]
6 I I
I AM HONORED TO JOIN YOU IN CELEBRATING THIS DAY --
200 YEARS SINCE THE FIRST TREASURY SECRETARY, ALEXANDER
HAMILTON, TOOK THE OATH OF OFFICE. AND IT'S A GREAT
PLEASURE TO BE WITH SO MANY OF THE DEDICATED PUBLIC
SERVANTS WHO CARRY ON HAMILTON'S TRADITION TODAY.
WE ALL KNOW THE TREASURY IS ONE OF THE ORIGINAL
FOUR DEPARTMENTS ESTABLISHED BY THE FIRST CONGRESS.
7 I I
WHAT ISN'T AS WELL KNOWN IS THAT IN ITS LONG HISTORY,
TREASURY HAS BEEN IN SOME WAYS THE BIRTHPLACE OF THE
FEDERAL BUREAUCRACY. THE U.S. POSTAL SERVICE, THE
PUBLIC HEALTH SERVICE, THE COAST GUARD, THE DEPARTMENTS
OF INTERIOR, COMMERCE AND LABOR, THE PRESIDENT'S OWN
BUDGET OFFICE, OMB -- ALL WERE ONCE PART OF TREASURY'S
DOMAIN.
- 8 -
EVEN WITH THESE SPIN-OFFS, THERE IS MORE THAN
ENOUGH REMAINING IN TREASURY'S PORTFOLIO. TREASURY HAS
GROWN -- FROM THE ORIGINAL SIX OFFICERS AUTHORIZED IN
1789 TO 150,000 EMPLOYEES TODAY. AND THE WORK YOU DO
HERE HAS NATIONAL -- AND INTERNATIONAL -- IMPLICATIONS.
FROM PUBLIC FINANCE TO LAW ENFORCEMENT TO THE
CHALLENGE OF THIRD WORLD DEBT, TREASURY IS AT THE
CENTER OF PUBLIC DEBATE.
- 9 -
SUSTAINING OUR LONG-RUNNING ECONOMIC EXPANSION,
RESTRUCTURING OUR SAVINGS AND LOANS, PUTTING THE BRADY
PLAN TO WORK IN THE DEVELOPING WORLD: MANY OF THE
CHALLENGES OUR NATION AND THE WORLD WILL FACE IN THE
DECADE AHEAD WILL BE THE CHALLENGES YOU FACE EACH
WORKING DAY AT TREASURY -- INCLUDING THE WAR ON DRUGS.
TREASURY IS MAKING AN OUTSTANDING CONTRIBUTION TO
OUR NATION'S FIGHT AGAINST DRUGS.
- 10 -
THE CUSTOMS SERVICE'S INTERDICTION CAPABILITIES HAVE
NEVER BEEN BETTER. AGENTS FROM THE BUREAU OF ALCOHOL,
TOBACCO AND FIREARMS ARE ALSO ON THE FRONT LINES --
INVESTIGATING THE VIOLENT, GUN-RUNNING ORGANIZATIONS
ALLIED WITH THE DRUG LORDS.
BUT THERE'S ANOTHER FRONT IN THE BATTLE. THE
WHITE-COLLAR END OF THE DRUG TRADE: MONEY LAUNDERING.
= 11 - -
TREASURY, IRS AND CUSTOMS ARE DOING FIRST-RATE WORK
TRACING THE PATH OF DRUG PROFITS IN THE WORLD'S BANKING
SYSTEM. AND SECRETARY BRADY IS WORKING CLOSELY WITH
OUR PARTNERS IN THE G-7 TO WAGE AN INTERNATIONAL BATTLE
AGAINST MONEY LAUNDERING.
MAKE NO MISTAKE: WE'RE GOING TO TRACK EVERY LEAD
WE RECEIVE FROM WHATEVER SOURCE TO SEPARATE THE DRUG
BARONS FROM THEIR DRUG MONEY.
- 12 -
THE BRAVERY AND COURAGE SHOWN BY PRESIDENT BARCO AND
THE PEOPLE OF COLOMBIA DEMAND NOTHING LESS.
THE INTERNATIONAL DRUG CARTEL IS A MULTI-BILLION
DOLLAR BUSINESS. WE'VE GOT TO HIT THE DRUG LORDS WHERE
IT COUNTS: IT'S TIME TO TAKE THE PROFIT OUT OF THE
DRUG TRADE. [[PAUSE]]
Now, I KNOW YOU ARE ALL INTERESTED IN THE CURRENT
STATE OF PLAY IN COLOMBIA. LET ME TELL YOU WHERE WE
STAND THIS AFTERNOON:
- 13 -
FIRST, WE'RE MAKING GOOD PROGRESS IN GETTING THE
MUCH-NEEDED MILITARY AID AND EQUIPMENT ON THE GROUND IN
COLOMBIA. As OF TODAY, WE'VE SUPPLIED OVER TEN MILLION
DOLLARS WORTH OF EQUIPMENT -- INCLUDING 10 AIRCRAFT, 5
UH-1 HELICOPTERS AND AN ASSORTMENT OF JEEPS, AMBULANCES
AND BODY ARMOR. 16 MEMBERS OF THE AMERICAN ARMED
FORCES ARE IN COLOMBIA TO OVERSEE THE SUPPLY OPERATION
AND PROVIDE TRAINING.
- 14 -
SECOND, WE'RE WORKING WITH THE COLOMBIAN JUDICIARY
TO INCREASE THE PHYSICAL SAFETY OF JUDGES AND OTHER
MEMBERS OF THE JUDICIAL SYSTEM. THAT INCLUDES SECURITY
TRAINING -- AS WELL AS THE DELIVERY OF ARMORED CARS AND
VESTS, AND COMMUNICATIONS EQUIPMENT ALREADY UNDERWAY.
- 15 -
THIRD, WE'RE MOVING AHEAD WITH THE EXTRADITIONS.
MR. MARTINEZ IS, OF COURSE, IN U.S. CUSTODY -- AND
THREE MORE EXTRADITION REQUESTS GRANTED BY THE
COLOMBIAN GOVERNMENT ARE NOW IN THE 5-DAY APPEAL
PROCESS.
I KNOW THERE HAS BEEN SOME RECENT DISCUSSION ABOUT
U.S. MILITARY PERSONNEL OPERATING IN THE ANDES.
- 16 -
LET ME STATE CLEARLY: NONE OF THE ANDEAN NATIONS HAVE
ASKED FOR U.S. TROOPS -- AND THERE IS NO CONTEMPLATION
OF THE USE OF AMERICAN ARMED FORCES IN ANY COMBAT ROLE
THERE. No U.S. MILITARY PERSONNEL WILL ACCOMPANY HOST
GOVERNMENT FORCES ON ACTUAL FIELD OPERATIONS. OUR
PERSONNEL WILL PROVIDE TRAINING, EQUIPMENT AND
OPERATIONAL SUPPORT -- AS WE HAVE BEEN ASKED To DO.
[[PAUSE]]
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IT HAS BEEN MY PRIVILEGE TODAY TO JOIN YOU IN THIS
CELEBRATION. You CAN ALL BE PROUD OF THE LONG,
ILLUSTRIOUS HISTORY OF YOUR INSTITUTION -- AND THE NEW
CHAPTER YOU ARE WRITING HERE AT TREASURY TODAY.
GOD BLESS YOU, AND GOD BLESS THE UNITED STATES OF
AMERICA.
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