I am pleased to note. to- allowing the Nations pockets to be picked. I have proposed some of those alternatives in legislation. and other Members of this body have made commendable and necessary proposals. Among those are: First. Elimination of the oil. import quota system. If some constraints are needed on foreign supplies. such as inhibiting the import of finished products to prevent the exporting of refinery jobs. a tariff can be applied selectively. I do not minimize the foreign policy problems that arise from dependence on foreign oil. but it seems far more dangerous to continue the "drain America first" policy in which we have been engaged since the Eisenhower years.
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quota system