"No Bailout for Chrysler" speech · Les AuCoin Collection

Identifier: PUA_MS147_391
Title: "No Bailout for Chrysler" speech
Description: A speech by U.S. Congressman Les AuCoin titled "No Bailout for Chrysler" regarding the Chrysler Loan Guarantee Act. In his speech, U.S. Congressman AuCoin expressed his opposition to the Chrysler Loan Guarantee Act, which would have given the automobile manufacturer over a billion dollars in federal government loans in order to avoid collapse. Congressman AuCoin called the company a "bad risk," and stated that "it would undermine the structure of our economy and assure that it will never be the same again." The bill was eventually passed. This is one of a collection of digitized objects from the Les AuCoin Papers (MS.147) at the Pacific University Archives. AuCoin served in the Oregon House of Representatives (1971-1975) and in the United States House of Representatives from Oregon's 1st District (1975-1993).
Creator: AuCoin, Les
Date: Year(s): 1979
Date: Display: December 10, 1979
Subject: United States. Congress. House.; Legislators--United States; Bills, Legislative; Speeches, addresses, etc.; Bailouts (Government policy)--United States; Chrysler Corporation
Place: United States
Source: Les AuCoin Papers, Pacific University Archives
Copyright: http://rightsstatements.org/vocab/NoC-CR/1.0/
Type: Text