Speech presenting arguments in favor of S. 3671, a bill introduced by Senator Tower that would transfer jurisdiction over unfair labor practices from the National Labor Relations Board to the federal court system. Cites numerous NLRB cases to support his claim of corrupt rulings in favor of large labor unions, including Bonwit Teller (96 NLRB 608 (1961)), Maryland Drydock (88 NLRB 1305 (1950)), Sewel Manufacturing Company (138 NLRB 66 (1962)), Archer Laundry Company (150 NLRB 1427 (1965)), and River Togs, Inc. (160 NLRB No. 2 (1966)).

Speech; building industry; inflation; Emergency Home Financing Act of 1970; Federal Home Loan bank Board; Federal Home Loan Mortgage Corporation.

Speech; housing crisis; Tandem-plan; home builders; mortgage financing; Fannie Mae; cost of construction; Tax Reform Act of 1969; Operation Breakthrough; antiquated building codes; restrictive zoning.

Speech; Nixon Administration; Military posture of superiority as essential tool for negotiation with Soviets; Four spheres of political influence needed: Soviet, American, Western European, Asian; American involvement in Vietnam; Senator Mansfield's resolution of level of forces permanently stationed in Europe; NATO [North Atlantic Treaty Organization] defense obligations; Call for Western Europe to act more multilaterally in defense matters; Talks on strategic arms limitation (S.A.L.T.) with Soviet Union; Warsaw Pact bid for an early European Security Conference.

Speech explaining the economic trends that make things difficult for the home building industry even though the demand for homes has reached a high point. Tower places the blame on the unavailability of favorable mortgages, insurance companies preferring apartments over single-family buildings, and the rising costs of labor and land. Discusses the legislation he is supporting to help home builders in these hard times.