tv Former Sen. Hollings D-SC Farewell Address CSPAN April 6, 2019 11:42pm-12:14am EDT
"reel america," looking back at nato's 10th anniversary, and then "rocket girls," the women of nasa's jet propulsion laboratory. this weekend on american history tv on c-span3. announcer: former south carolina senator -- a moderate democrat, has died. he was 97 years old. as governor, he helped guide to south carolina through desegregation, then went on to serve six terms of the u.s. senate and made an unsuccessful bid for the presidency in 1984. 2004, after more than 38 years in office, senator hollings delivered his farewell speech to colleagues. he begins his remarks by thanking a junior south carolina senator, lindsey graham, who had just delivered a tribute to him. this is about 30 minutes.
>> mr. president, my distinguished colleague has been more than generous, and i will be thanking him not just today but for the years to come. i do so genuinely in the sense that he is coming here as a senator has almost made going over on the wall and turning on the light. here i had somebody diligently working to get things done. that is why i came to the senate. to get things done for south carolina. and senator graham is not only -- worked hard, because we all worked hard. there is no lazy senator in the 100th senate, but he has got that secret of making frames. after all, this is a political body. and you can't go ahead and get
things done unless you make friends. and he instantly came to the chamber and started working, which was a surprise to me, working with democratic senators on this side of the aisle. things are so confrontational at the present time in politics, to see that occur, i said, that fellow, he is going to be here a long time, and i believe it. he is going to be here a long time. just this past week, he has gotten onto [indiscernible] get jobs in the industry like the distinguished former colleague, my senior senator from kentucky, randall ford. [indiscernible] makes me feel like old times
because he was all whip and no one did a better job. but lindsey graham well on his way to get things done. and this past week, he has been taking around ambassadors from various countries in order to prompt their interest into south carolina, investing in south carolina. we have from germany alone we started these trips back in june of 1960. i have got 134 german industries in south carolina. we have trans-nationalism. we have japanese hitachi and fuji and others, so we have made it a wonderful chat, but graham has really worked and continues to work it and is a realist. he knows how to get things done. i can't thank you enough -- him enough for really being already
distinguished not just because we give the title, but i have heard from colleagues around, on both sides of the aisle, that fellow, lindsey graham, he is really a fine fellow, and he is working, and you want to be proud of him. i told him right away, i am. -- tell them right away, i am. i said the only way at the moment i can show my gratitude is to make sure you get this desk. i got the john c calhoun desk. you will laugh. [indiscernible] i found when i first got here, russell long -- i can hear him now -- i said i would like to have this desk. he said colleague, colleague, i guess you would. my father sat at this desk, my mother and i am sitting at it. i said, i apologize. i didn't know all three of them had been there. he came the night before he left, and i got the calhoun
desk, and i am going to make sure sergeant at arms gives this desk to you. this is my chance to thank the colleagues for putting up with me for 38 years. i thank the distinguished staff, not just mine but particularly of this afternoon the floor staff, we couldn't get anything done without them. if you can understand what i am saying -- they always asking me later, mr. president, what did he say and how is it said? i will never forget politicking for president i went to rooster, mass. i locked -- knocked on the door, and a lady said, who are you? i said fritz hollings. she thought it was a german trucking company. i started in my career as a trial lawyer and made enough as a good trial lawyer to afford
being in the united states senate. you can't make money, you should double your pay. i have said that before leaving, along with ted stevens for years . no little young fledgling lawyer like hollings can afford to run, keep up two homes, get two homes -- it can't happen anymore. and you are just politically using the salary and not really attracting the best of the best. and yet i say you have the best of the best. i don't leave. but the idea of the senate is not what it used to be in the sense of the personnel, we got a
way better group of senators. we had senator -- five drunks or six drunks. nobody drunk in the united states senate. we don't have time to be drunk. we got more than that. we got the women. we had one woman. she was outstanding, but she was outstandingly quiet. margaret smith from the main, wonderful lady. now we have 15 or 17 and you can't shut them up. they keep on talking and talking and talking, and you get into a debate with barbara mikulski or barbara boxer, they will take your head off. they know how to really present a viewpoint. that is a very, very soluble thing. the senators have done a wonderful job.
the senate itself is the greatest of institutions yet. but i know that we can do better. as a trial lawyer, i was overjoyed. i came here, you have the adversary perceiving to learn the truth. you could hear the best of witnesses. you had better clients as a united states senator and obviously you could make the final argument to the jury and then go in the jury room and vote. that to me is a trial lawyer. i have reached the millennium and everything else like that. and yet while i am leaving, i am very sensitive of the full docket of unfinished business. i am constantly asked about legacy. i am thinking the things we should have done long ago. and haven't done because rather than seeking the truth, and i
say this advisedly, we have been obscuring it. right now the issue that will confront us tomorrow afternoon or thursday of the limit in the budget, the deficit. you read the business page of the new york page -- new york times this morning and we are spending at the rate of $600 million more than we are taking in. that is a deficit. don't give me double talk about government debt is public debt. we are spending $600 billion more than we are taking in, which is 6% of our gnp. in the european union, if you exceed in deficit 3% of your gross national product, you are not eligible to be in the european union.
here we are in the world [indiscernible] diplomacy and defense affairs and our fiscal affairs, we aren't eligible to be in the european union. we have got the economy on steroids. add it up. you add the deficit of 2001, 2003, 2004, you have got $1.7 trillion we have boosted into the economy with these tax cuts. you haven't increased spending -- no. don't put it off that way. we have just tax cut, tax cut and still want more tax cuts. at the early part of the bush term, but given a $6 trillion projected surplus, we now have a
$5 trillion projected debt or deficit, and we have got to increase the debt limit. before long with the dollar going down, that was the story in the business page of the new york times. the dollar in a deep dive, interest rates are going to have to go up. we are depending on financing our debt some $171 billion -- $700 billion by the japanese, $170 billion by the chinese, and imagine going with at&t to korea -- a tin cup and begging?
please buy my debt. what about social security? let's tell the truth about it because there isn't any question that we have been spending social security moneys for anything and everything but social security in violation of the law. never forget this thing about lyndon johnson used social security, did not look at the record. he balanced it and we didn't spent social security until during the 1970's with the chairman of the ways and means committee started giving [indiscernible] we started draining the greenspan commission in 1983. greenspan commission came out with an inordinately high tax to take your of the baby boomers in
the next generation. don't us understand me. have to act like all the baby boomers coming along, there is something -- we foresaw that in 1983 and we have said as a result of this high tax, section 21 of greenspan commission report says do not spend this money on any but social security. i fought like a tiger, we finally got in 1990 george herbert walker bush on november 5 signed into law section 13-301 that says the president and congress cannot use for budget purposes social security moneys. just talking a moment ago by my distinct colleague from south carolina, he will try i guess to raise taxes and everything else and i would support it so long as we are not using taxes for
any and everything but social security. you will have to increase the age and you will have to get revenues and everything else to make it sound, but if we stopped right immediately, with the social security surplus going in, the trust fund, we immediately have $160 billion, and without that, we would have $1 trillion and you wouldn't have to run wires until 2040 or 2050 and there wouldn't be any crisis on us. we ought to study that. we were talking a minute and talked about these technical -- technical training schools. everywhere, everywhere in the land man cried free-trade, free
trade, there is no such thing and never has been. and will not be, free-trade. i know about governmental restrictions and subsidies and quotas, but that is not going to happen, and people should remember that we built this industrial giant, the united states of america, with protectionism. the brits corresponded with the founding fathers, and they are saying, under the comparative advantage, what is done, real treat with you, you trade back with us. what you produce [indiscernible] hamilton wrote report on manufactures, you can't read the whole report. he said by god, we are not going
to remain your colony. we are going to develop our own manufacturing capacity, and a second bill -- the first was for the [indiscernible] of the united states. the second industry -- in history on july 4, 1789, a 50% tariff on 60 articles great we started with protectionism. lincoln built the steel mills with protectionism. roosevelt came in with subsidies and protected quotas on agriculture. president eisenhower had import quotas on protectionism. jack kennedy came in with a program of seven points, protecting textiles and more recently our good friend president ronald reagan, he put in voluntary restraint agreements on automobiles and
steel and hand tools and semiconductors. ask if president reagan hadn't put in that measure, there wouldn't be any [indiscernible] we did that with [indiscernible] and everyone knows it. we started treating trade as aid in the war of capitalism versus communism right after world war ii. we had the industry. we set -- the marshall plan moneys, expertise, experts and everything else of that time, the equipment. we started giving away the textile industry and giving away -- i'm looking now and 70% of the clothing is imported. 86% of the shoes on the floor are imported. that is gone and all that time
they said, don't worry, we will be a service -- my light bill in south carolina is administered we have lost the service economy. we have lost the hard manufacturing economy and capacity, and what happens is your actual -- your security is like a three-legged stool. individual freedom, democracy, we have the second leg, unquestioned as the superpower. the third leg of the economy has been fractured intentionally and we are happy because capitalism has defeated communism. in europe, in the soviet, and pacific rim and is defeating it
, now in china. let's don't disturb it. -- exceptyou accept to compete? what we need to do is -- that world power that loses its manufacturing capacity will cease to be a world power. we need to rebuild and begin, immediately rebuilt, rebuilding by changing the culture, the mindset, legislation around -- we past four weeks ago the tax cut bill was supposed to represent the 5% foreign credit sales and $5 billion i should say. instead it was around $140 billion and $42 billion was subsidizing the export of jobs, outsourcing of jobs overseas.
we are still treating trade as aid. if you are going to open up sununu manufacturing and you have to know immediately before you open the door, you have to have a minimum wage, clean air, clean water, social security, plant closing notice, parental osha, a safe working machinery, and in manchester, new hampshire, your competition has moved to china because they can operate and produce there for $.15 an hour and none of those requirements. if you don't move to china yourself, you are going broke and bankrupt. so the policy of the crowd that is hollering and wheeling and moaning about the outsourcing of jobs is exactly the right -- the very crowd causing the outsource. if you had a multinational force
-- multinational, you were supposed to make a profit, compete and make a profit. we are supposed to create a strong economy and produce jobs. the congress of the united states. the united states senate. we are guilty parties and we have got to put in a change of the culture by department of trade and commerce, put the special trade representative over there, do away with the trade commission, international trade commission because it is a sop. we find it is a violation. let them also find the penalty rather than have a separate hearing and say there is no injury and everything else -- i have worked with the lawyers. we need a deputy attorney general over in the justice department -- we got one for antitrust. we got one for civil rights. we got one for taxation. we don't have one for trade.
we need somebody enforcing those laws, and we need to start competing the way they have done. we need more customs agents, but that is a longer talk. let me say that what we need to do is get a hold of ourselves and realize that we have got a problem. i guess it is trying to get a mirror and tell the senate to heal itself. volume -- i was at a little meeting earlier today where one of the senators was counseling the new senators don't take too many committees. they will take all the committees. we are all jesse jacksons. our time has come. we want to know. we want all the committees. not more are to say
than two committees. you can't keep up with it. i'm on the appropriations committee. they used to have 17, now they got 29. the subcommittee of defense appropriations has 19 members. you can't hardly get a quarrel for the defense subcommittee of appropriations. we have a third of the senate. everybody wants to be on all the committees and everything else, so you have your staff doing all the work and what have you, you can't keep up. but the main culprit, the cancer on the body politic, mr. president, is money, money, money, money. the last time six years ago, we raised $8.5 million. that and a little over is $30,000 a week every week for years.
week every $30,000 a week for six years, you miss christmas week and new year's week, you are $100,000 in the hole, and don't you think we don't know it. we start working. as a result, we don't work on mondays and fridays. we got longer holidays and everything else like that. policy committees adjourn, and we go over to the building, because you can't call for money in the office. we call in for money and every and welse like that, have to give attention with the deluge of volume and what have you. we don't have time for each other we don't have time with , constituents except for the givers, and someone should tell the truth about that. and unless and until we excise this cancer, the united states congress and government will languish alone because it has
got to be done. when i helped write the federal election campaign practices act back in 1973, what we did was we said each senator would be limited to so many -- so much a registered voter. that meant strom thurmond and i were limited to $637,000. we had inflation and fast-forward 25 years, give me $2.5 million. but not $8.5 million that you have to spend. because all of your time is on the campaign and not the country. i can tell you right now, we are in real trouble. and i worked with john mccain and russell feingold and -- i worked with senator biden on public finances, everything else, but what needs to be done, we had it 20 years ago and we put in a constitutional
amendment that congress is hereby empowered to regulate or control spending in federal elections. then we can go back to the 1973 act. so much for registered voter , when you limit to $2.5 million, then you limit the campaign and time of the campaign, expenditure of the campaign, then you have time for constituents. you have time for problems. we ought to pass a rule to make them -- when i came here, there was a vote at 9:00 just about every monday morning, and we worked until friday at 5:00 and stayed here on the weekends i didn't have all of these long holidays and everything else. if you want to limit campaigning and you want to change as lincoln said, distance role -- disenthrall ourselves as the
darkness of the quiet past, from the moneygrubbing, then we have got to think anew and act anew and go to work for the country instead of the campaign. but that is our situation. i have watched it, studied it, seen it and everything else, and they got me not going to meetings or anything else, they got me going to the telephone and calling, calling and every thing else of that kind, traveling all over the country and what have you. money is a cancer on the body politics. other than that, mr. president, i've spoken seriously about trying to face up to some of these problems we have confronting us. there are a lot of opportunities. they are talking about immigration. mexico is not a foreign country. they are our neighbor. all you got to do is put down the billions that we spend, give them a marshall plan, increase
their standard of living like canada. then you don't have an immigration -- the finest people in the world. i went down there the other day and we got a bus load and we were trying to build a bridge. they loaded up the bus with a bunch of mexican immigrants and took them down and sent them back in country, already back in somewhere else. i can tell you that now. the money we spent on drugs and immigration, border patrol, everything else, add on financing the government out of the banks in new york and refinancing it to the taxpayers, we could give a marshall plan and solve it. there is a lot of problems to solve. if there is a last word, it is one of gratitude. it is the finest experience that i have ever had, when you come right down to it. i was always worried i couldn't make enough money.
now i have looked at my trial lawyer collates that made a lot of money. most of them are dead and those alive are looking for a new golf course and a new drink, and they don't know anything about what is going on, and they are not interested. if you really want to be life, rightyour across the board the best post , graduate course is to run and be in the senate. it is with heartfelt gratitude i thank thei fra colleagues for their indulgence, particularly senator graham and we had a fine time working together, and i know he will represent us for years to come. thank you, and i yield the floor, mr. president. >> former south carolina senator ernest fritz hollings, a
moderate democrat, has died. he served as senator for more than 38 years, making him the a blogging serving senator in u.s. history good a family spokesman says the former senator died early saturday in his home in south carolina. he was 97. >> c-span's "washington journal," live every day with news and policy issues that impact you. morning, we discussed reports that the department of home him -- homeland security is restructuring its domestic terrorism unit. and we discussed campaign 2020. to we discuss recovery aid puerto rico. be sure to watch "washington journal" sunday morning. join the discussion.
watch the american story unfold on american history tv, sunday at 4:00 p.m. eastern on " nato'serica," anniversary, and then "rocket girls" and the jet propulsion laboratory. this weekend on american history tv. >> u.s. supreme court justice clarence thomas was the featured speaker at pepperdine university law school's recent 2019 annual dinner. he discussed his selection process for clerks, his views on the role of the judiciary, and addressed a question regarding retirement plans. this is just over 30 minutes. [a]