On the recordJuly 17, 1993
Thank you. We have a few other topics I think it's really important that we cover today: shipping and commerce, housing, and infrastructure for sure. I'd like to ask Governor Carlson and Governor Schafer to comment on the issues of shipping and commerce, the impact of the flood on ship- ping and commerce over the long run. [Governor Carlson expressed his support for crop insurance reform and more flexibility in banking regulation and his concerns regarding insurance for development on flood plains. He also commended efforts to open global markets to U.S. agricultural products. Governor Schafer then discussed long-term difficulties in storage and shipment of agricultural products as a result of flood damage.]
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