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[Weekly Compilation of Presidential Documents]

[Page i-ii]
Monday, August 17, 1998
Volume 34--Number 33
Pages 1591-1635

[[Page i]]

Weekly Compilation of



[[Page ii]]

Addresses and Remarks

        Harry Tracy Water Filtration Plant in San Bruno--1607
        Lt. Gov. Gary Davis fundraisers
            Dinner in Los Angeles--1618
            Luncheon in San Francisco--1610
            Reception in Los Angeles--1613
    Democratic National Committee labor luncheon--1628
    Illinois, Unity '98 dinner in Chicago--1602
        Bombing incidents in Africa, remarks in Louisville--1593
        Patients' Bill of Rights in Louisville--1593
        Victory in Kentucky luncheon in Louisville--1598
    Kenya and Tanzania, videotaped remarks--1633
    Maryland, memorial service for victims of the Embassy bombings in 
        Kenya and Tanzania at Andrews Air Force Base--1622
    Radio address--1592

Bill Signings

    Biomaterials Access Assurance Act of 1998, statement--1623
    Credit Union Membership Access Act, statement--1591
    Emergency Farm Financial Relief Act, statement--1621

Communications to Congress

    Bombing incidents in Africa, letter reporting--1607
    Export Administration Act of 1979 lapse, letter on continuation of 
        the national emergency--1624

Communications to Congress--Continued

    Iraq, letter reporting on the national emergency--1625

Communications to Federal Agencies

    Assistance for Federal employees affected by the Embassy bombings in 
        Kenya and Tanzania, memorandum--1621

Letters and Messages

    Co-Chairmen of the National Coordination Office for Computing, 
        Information, and Communications, letter--1601


    Continuation of Emergency Regarding Export Control Regulations--1624

Statements by the President

    See also Bill Signings
    Heat-stricken areas in the South and Southwest, assistance--1633
    Holocaust assets lawsuits, settlement--1624
    House of Representatives action on District of Columbia 
        appropriations legislation--1592
    New World Mine, acquisition--1591
    Tobacco products, petition to the Court of Appeals on regulation--

Supplementary Materials

    Acts approved by the President--1635
    Checklist of White House press releases--1635
    Digest of other White House announcements--1634
    Nominations submitted to the Senate--1634

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Published every Monday by the Office of the Federal Register, National 
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Compilation of Presidential Documents contains statements, messages, and
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[[Page 1591]]

[Weekly Compilation of Presidential Documents]

[Page 1591]
Monday, August 17, 1998
Volume 34--Number 33
Pages 1591-1635
Week Ending Friday, August 14, 1998
Statement on Signing the Credit Union Membership Access Act

August 7, 1998

    Today I am pleased to sign into law H.R. 1151, the ``Credit Union 
Membership Access Act,'' which will ensure that millions of Americans 
have the choice of getting consumer financial services from a credit 
    Our credit unions are special institutions. Providing primarily 
consumer loans--for cars, education, home improvement and home 
purchases--and other financial services, like checking accounts and 
certificates of deposit, they are democratically controlled, member-
owned cooperatives, with volunteer, unpaid directors. Because they are 
not-for-profit organizations, credit unions often can charge lower fees, 
require lower minimum deposits, and provide more personalized service.
    Early this year, a decision by the Supreme Court created uncertainty 
about the future of credit unions in a case about how credit unions 
could draw their membership. This bill will restore membership 
flexibility to credit unions, allowing, for example, employees of a 
number of smaller companies or members of a number of churches to join 
together to form a credit union. The bill also provides important new 
safety and soundness reforms. Unfortunately, the bill does not include 
some important reforms to reaffirm the responsibility of credit unions 
to meet the needs of low- and moderate-income persons, and to assess 
their performance in meeting that goal. However, on balance, this bill 
will significantly strengthen credit unions, which provide so many 
benefits to consumers.
                                            William J. Clinton
The White House,
August 7, 1998.

Note: H.R. 1151, approved August 7, was assigned Public Law No. 105-219. 
This item was not received in time for publication in the appropriate 

[Weekly Compilation of Presidential Documents]

[Page 1591]
Monday, August 17, 1998
Volume 34--Number 33
Pages 1591-1635
Week Ending Friday, August 14, 1998
Statement on Acquisition of the New World Mine

August 7, 1998

    I am proud to announce completion today of a major initiative to 
preserve one of America's true crown jewels, Yellowstone National Park.
    Two years ago, to protect the park from the potential ravages of 
mining, I announced an agreement to acquire the proposed New World Mine 
outside Yellowstone from its owner, Crown Butte Mines, Inc. Last year, 
with critical support from Senator Max Baucus, Congress appropriated $65 
million for the acquisition. Over the past several months, the 
administration completed several intermediate steps, including an 
agreement with Crown Butte to ensure cleanup of contamination from 
nearly 100 years of mining near Yellowstone. Today, the New World Mine 
property was formally transferred to the U.S. Forest Service, completing 
this historic acquisition.
    Yellowstone, America's first national park, is the heart of a 
magnificent landscape and ecosystem that we are working to restore and 
preserve for all time. Today's action culminates an extraordinary 
collaboration by the administration, the State of Montana, Crown Butte, 
and conservationists to protect both Yellowstone and the economy it 
sustains. Years from now, bison, wolves, and other wildlife will 
flourish, and visitors will enjoy Yellowstone in all its splendor.

Note: This item was not received in time for publication in the 
appropriate issue.

[[Page 1592]]

[Weekly Compilation of Presidential Documents]

[Page 1592]
Monday, August 17, 1998
Volume 34--Number 33
Pages 1591-1635
Week Ending Friday, August 14, 1998
Statement on House of Representatives Action on District of Columbia 
Appropriations Legislation

August 7, 1998

    I am deeply disappointed that the District of Columbia 
appropriations bill passed by the House imposes unacceptable 
restrictions on our Nation's Capital City.
    Early this morning, the House adopted a series of objectionable 
amendments. They include provisions to establish a school voucher 
program that would drain resources and attention from the hard work of 
reforming the District's public schools, to prohibit adoptions in the 
District by unmarried or unrelated couples, and to prohibit the use of 
Federal and local funds for needle exchange programs or to deny any 
funding in the bill to private agencies that operate such programs. 
These measures all undermine local control, are unacceptable, and should 
be dropped before Congress completes action on the bill.
    I am concerned that other shortcomings in this bill undermine the 
District of Columbia's autonomy by imposing severe restrictions on local 
operations. For example, this bill would also bar the use of local 
District funds for abortions and strip local funds from the advisory 
neighborhood commissions, which are a foundation of local government.
    I am also disappointed that the House fails to fund the much-needed 
economic revitalization plan for the District of Columbia. I urge 
Congress to provide appropriate resources for the economic development 
plan in order to capitalize the locally chartered National Capital 
Revitalization Corporation, which is key to the future economic growth 
of the Nation's Capital.
    At a time when the District of Columbia has made enormous strides 
toward financial responsibility and the eventual return of self-
government, it is wrong for Congress to turn the clock backward by 
imposing unwarranted restrictions on broad policymaking and on day-to-
day decisionmaking at the local level.

Note: This item was not received in time for publication in the 
appropriate issue.

[Weekly Compilation of Presidential Documents]

[Page 1592-1593]
Monday, August 17, 1998
Volume 34--Number 33
Pages 1591-1635
Week Ending Friday, August 14, 1998
The President's Radio Address

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