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[Weekly Compilation of Presidential Documents]

[Page i-ii]
Monday, August 25, 1997
Volume 33--Number 34
Pages 1255-1265

[[Page i]]

Weekly Compilation of



[[Page ii]]

Addresses and Remarks

    Massachusetts, Martha's Vineyard--1257
    Radio address--1255
    Rhode Island
        Arrival in Block Island--1256
        Departure for Block Island--1256
    United Parcel Service strike--1256, 1257

Communications to Congress

    Defense exports monitoring program implementation, letter 
        transmitting report--1257
    Iran, letter reporting--1262

Communications to Federal Agencies

    Agency for International Development appropriations transfer 
        authorization, memorandum--1263
    Assistance to Colombia, memorandum--1256

Executive Orders

    Establishing an Emergency Board To Investigate Disputes Between 
        Amtrak and Its Employees Represented by the Brotherhood of 
        Maintenance of Way Employes--1264

Executive Orders--Continued

    Prohibiting Certain Transactions With Respect to Iran--1259

Interviews With the News Media

    Exchange with reporters in Martha's Vineyard, MA--1257


    Women's Equality Day--1258

Statements by the President

    United Parcel Service strike, tentative settlement--1258

Supplementary Materials

    Acts approved by the President--1265
    Checklist of White House press releases--1265
    Digest of other White House announcements--1264
    Nominations submitted to the Senate--1264

Editor's Note: The President was in Martha's Vineyard, MA, on August 22, 
the closing date of this issue. Releases and announcements issued by the 
Office of the Press Secretary but not received in time for inclusion in 
this issue will be printed next week.


Published every Monday by the Office of the Federal Register, National 
Archives and Records Administration, Washington, DC 20408, the Weekly 
Compilation of Presidential Documents contains statements, messages, and
other Presidential materials released by the White House during the 
preceding week.

The Weekly Compilation of Presidential Documents is published pursuant to
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There are no restrictions on the republication of material appearing in 
the Weekly Compilation of Presidential Documents.

[[Page 1255]]

[Weekly Compilation of Presidential Documents]

[Page 1255-1256]
Monday, August 25, 1997
Volume 33--Number 34
Pages 1255-1265
Week Ending Friday, August 22, 1997
The President's Radio Address

August 16, 1997

    Good morning. As families across America start to prepare for the 
new school year, I'd like to talk about how students and parents can 
make the most of the historic higher education opportunities in our new 
balanced budget.
    The balanced budget I signed into law last week meets the Nation's 
obligation to offer opportunity to every American who's willing to work 
for it. It opens the doors to college to a new generation, with the 
largest investment in higher education since the GI bill 50 years ago. 
We have achieved a truly remarkable goal: For the first time ever, all 
children in America who study hard will have the opportunity to go on to 
college. Let me tell you just a few of the ways our budget will make 
that possible.
    First, the budget offers HOPE scholarships, a tax credit of up to 
$1,500, as much as the average community college tuition, that will help 
to make the first 2 years of college as universal as 4 years of high 
school are today.
    Second, the budget creates a new lifetime learning credit targeted 
at college juniors and seniors, graduate students, and adults who want 
to enhance their skills. Under this initiative, for example, a homemaker 
who wants to return to school full time to become a teacher can get a 20 
percent tax credit on the first $5,000 of her tuition bill. By the year 
2003, that credit will grow even larger, applying to up to $10,000 in 
tuition and fees.
    Third, beginning this January, parents and grandparents can withdraw 
money from their individual retirement accounts, without any penalty, to 
pay for higher education expenses. They can also open up brandnew 
education IRA's which will allow them to invest $500 per child every 
year to build up money, tax-free, for college.
    Fourth, our budget agreement provides the largest increase in Pell 
grants in two decades and gives about 350,000 more students the 
scholarships they deserve. These new initiatives will greatly expand 
educational opportunity for American families. But there is another 
crucial part of the college equation, and that is responsibility, the 
responsibility of every student and every parent to prepare for the 
    As Hillary and I have learned, parents can't wait to plan for 
college until their children are in their junior or senior years of high 
school. In fact, education experts say it's essential that parents sit 
down with their kids as early as the sixth grade to start charting a 
course toward college. In the crucial middle school years, parents must 
encourage their children to take challenging classes. Research shows, 
for example, that students who take algebra and geometry by the end of 
the ninth grade are much more likely to go on to college than those who 
    In the new economy of the 21st century, what our children earn will 
depend more than ever on what they can learn. Almost 90 percent of the 
new jobs being created today require more than a high school level of 
literacy and math skills. Yet more than half of the people entering the 
work force are not prepared with these skills. So we still have a lot of 
work to do.
    Throughout the fall, my administration will work very hard to make 
sure that parents and students learn how to take advantage of the new 
higher education opportunities they now have. As a first step, Education 
Secretary Dick Riley and his staff have prepared an extremely useful 
guide for parents of children in middle school, junior high, and high 
school. It's called, ``Getting Ready for College Early.'' You can get a 
free copy by calling the Department of Education at 1-800-USA-LEARN, 1-
    From the day I took office I have been working on a simple idea: 
When my child

[[Page 1256]]

is my age, I want our country to be a place where every person who works 
hard has a chance to live out his or her God-given abilities and dreams. 
With the education opportunities contained in our historic balanced 
budget, we have taken a large step toward that goal.
    Thanks for listening.

Note: The address was recorded at 1:21 p.m. on August 15 in the 
Roosevelt Room at the White House for broadcast at 10:06 a.m. on August 

[Weekly Compilation of Presidential Documents]

[Page 1256]
Monday, August 25, 1997
Volume 33--Number 34
Pages 1255-1265
Week Ending Friday, August 22, 1997
Remarks Prior to Departure for Block Island, Rhode Island

August 17, 1997

United Parcel Service Strike

    I have just had a conversation with Secretary Herman and with Bruce 
Lindsey. It's clear that they're making progress in the talks between 
UPS and the Teamsters, and I just want to urge them to redouble their 
efforts. This strike is beginning to hurt not only the company but its 
employees and the people who depend on it. And I think they ought to 
redouble their efforts to settle this strike, and they ought to do it 
today. And that's my encouragement to them. I'm pleased by the progress 
that's been made, and I hope they'll just stay there and settle it 
    Thank you.

Note: The President spoke at approximately 1 p.m. on the South Lawn at 
the White House.

[Weekly Compilation of Presidential Documents]

[Page 1256]
Monday, August 25, 1997
Volume 33--Number 34
Pages 1255-1265
Week Ending Friday, August 22, 1997
Remarks Upon Arrival in Block Island

August 17, 1997

    Thank you. Well, first of all, let me say that Hillary and Chelsea 
and I are delighted to be here. We want to thank the Senator for coming 
over with us and thank the first warden for coming out to meet us. It 
took me a little--a moment to realize that the first warden was the 
highest elected official on the island. I thought maybe I was about to 
be arrested for something. [Laughter]
    And let me say I was stunned to see this crowd when we were coming 
down in the helicopter. But this is the first opportunity I have had to 
thank the people of Rhode Island for giving the Vice President and me 
the enormous vote of confidence we got here last November. And I'm very 
grateful to you. Thank you so much.
    Let me also say I'm just anxious to be here and have some fun. And I 
want to go through the crowd and shake hands; I want to have a picture 
taken with the students there from the Block Island School.
    And I hope that all of you will always be committed to preserving 
this beautiful island. I was so impressed when I came down and Senator 
Reed was telling me a little about the conservation efforts. We have, 
all of us, a great responsibility to future generations to figure out 
how to keep growing this economy. I'm very grateful for the economic 
success that our Nation has had, for the millions of new jobs we have, 
for the lowest unemployment and inflation rates in decades. But we have 
to do it in a way that preserves the natural heritage that God has given 
us. I can see you're committed to that here, and I hope you will help to 
spread that to people all across New England and, indeed, all across the 
United States.
    Again, thanks for having us here. We're delighted. And I want to get 
out and say hello to a few people.
    Thank you, and God bless you.

Note: The President spoke at 3:32 p.m. at Block Island Airport. In his 

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