Word: leaching
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...crisp response of Secretary of State George Shultz last week as he traded views with members of the House Foreign Affairs Committee over the nettlesome issue of El Salvador. For what seemed to be the umpteenth time, some of the committee's members, led by Republican Congressman Jim Leach of Iowa and Democratic Congressman Stephen J. Solarz of New York, had suggested that the Reagan Administration agree to negotiations on power sharing between the beleaguered Salvadoran government and opposing Marxist-led guerrillas as a way to end the Central American country's three-year civil war. Shultz...
...challenge to Administration policy was a minor but troubling one. For the moment at least, congressional opposition is not as strong as it may appear. The majority of U.S. legislators are trying to ignore the prickly El Salvador issue. Explained Leach: "In the public mind, there's a great wish that the issue would go away. Like Viet Nam, it's something we'd like to forget. But, like any issue, some people won't let it be forgotten, some for political reasons, some for humanitarian...
...acrimony at a House Banking Committee hearing last week was typical. Said Jim Leach, an Iowa Republican, to a group of bank executives: "Let's face it. You've screwed up." Accordingly, some legislators will insist that approval of the IMF measure be accompanied by legislation imposing new discipline on the banks. Among the provisions of a bill expected to be introduced this week are measures to limit the amount a bank can lend to any one country and to force banks to reserve more money for loan losses when foreign loans begin to sour...
During the debate, anti-Dense Pack Congressmen had a field day ridiculing the unproven "fratricide" and silo-hardening theories. "Pearl Harbor was the original Dense Pack," said California Democrat John Burton, reversing Reagan's argument. Iowa Republican James Leach called the attempts to harden silos beyond anything ever achieved "a public works project for the cement industry...
...only area outside the defense budget where an increase is planned. The money is beginning to produce results. New research in the U.S. and West Germany strongly suggests that acid rain combines with traces of toxic metals emitted into the atmosphere by fossil fuel-burning plants to leach away nutrients that sustain trees. In addition, scientists believe the mixture of acid rain and aluminum trace elements in the soil is absorbed by roots and can choke off a tree's water supply...