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lion of Shutes. üren, Senate

, seiect coinmittee on finale Bleviners Subcontinettee on Economic Icvelsoment, llarreligio SMALL BUSINESS AND CAPITAL OWNERSHIP Cueningha

DEVELOPMENT ACT OF 1978

SEP 0

HEARINGS

COPY

BEFORE THE

SUBCOMMITTEE ON ECONOMIC DEVELOPMENT,

MARKETING, AND THE FAMILY FARMER

OF THE

SELECT COMMITTEE ON SMALL BUSINESS

UNITED STATES SENATE

NINETY-FIFTH CONGRESS

SECOND SESSION

ON

SMALL BUSINESS AND CAPITAL OWNERSHIP DEVELOPMENT

ACT OF 1978

MARCH 16 AND 20, 1978

Printed for the use of the Select Committee on Small Business

U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON : 1978

29-399 O

SELECT COMMITTEE ON SMALL BUSINESS

GAYLORD NELSON, Wisconsin, Chairman THOMAS J. MCINTYRE, New Hampshire LOWELL P. WEICKER, JR., Connecticut SAM NUNN, Georgia

DEWEY F. BARTLETT, Oklahoma
WILLIAM D. HATHAWAY, Maine

BOB PACKWOOD, Oregon
FLOYD K. HASKELL, Colorado
JOHN C. CULVER, Iowa

WILLIAM B. CHERKASKY, Executive Dirur

LARRY M. YUSPEH, Financial Analyst
ROBERT J. DOTCHIN, Minority Staff Director

SUBCOMMITTEE ON ECONOMIC DEVELOPMENT, MARKETING, AND THE FAMILY FARMER

SAM NUNN, Georgia, Chairman WILLIAM D. HATHAWAY, Maine

BOB PACKWOOD, Oregon (II)

78-602732

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CONTENTS

Page

15

20
1,77

Statement of Senators-

Chiles, Hon. Lawton, a U.S. Senator from the State of Florida......

Johnston, Hon. J. Bennett, a U.S. Senator from the State of Louisiana

Nunn, Hon. Sam, a U.S. Senator from the State of Georgia

Statement of Representatives-

Addabbo, Hon. Joseph P., a U.S. Representative from the State of New

York

Mitchell, Hon. Parren J., a U.S. Representative from the State of

Maryland.

Statement of-

Adams, John, Esq., attorney-at-law, Los Angeles, Calif., and Washington,

D.C

Adams, Ted, Unified Industries, Arlington, Va
Dupont, Margarette, chairman of the board, National Economic Develop

ment Association
Lewis, Ronald, vice president, National Association of Black Manufactur-
O'Bannon, Dona, president, National Association of Women Business

Owners

Ponticelli, Anthony, representing the National Construction Industry

Council, accompanied by Robert White, National Electrical Contractors

Association; and John Ellis, Associated General Contractors of

America

Weaver, Hon. A. Vernon, Administrator, U.S. Small Business Administra-

tion

Wexler, Anne, Deputy Under Secretary of Commerce, and Chairperson,

Task Force on Women Business Owners, accompanied by Charlotte

Taylor, Executive Director, Task Force on Women Business Owners; and

Carolyn Jefferson, congressional liaison, Department of Commerce ........

Williams, Herbert J., Atlanta Associated Contractors, accompanied by

James W. Avery, Urban Painting Co., Inc.; Franklin F. O'Neal, Atlanta

Business League; Joseph R. Hudson, Atlanta Business Group; and Har-

vey L. Johnson, Central Savannah River Area Business League

EXHIBIT

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