Document Ozdp0Km3MaxvkR454QEnoZGVK

AGENDA MCA EXECUTIVE COMMITTEE MEETING 5:00 P. M. (EDT), Wednesday, June 11, 1969 White Sulphur Springs, West Virginia 1. Financial Report for Fiscal Year Ended May 31, 19692. 97th Annual Meeting -- Final Report on Program and Registration. 3. Proposed Program to Provide Health Examinations for Key Staff Members. 4. 7th Edition of "Guide to the Precautionary Labeling of Hazardous Chemicals. " Proposal to publish without illustrative labels for specific chemicals. 5. Deactivation of the Research Advisory Committee. CMA 061474 MINUTES OF MCA EXECUTIVE COMMITTEE The Greenbrier, White Sulphur Springs, West Virginia Wednesday, June 11, 1969 The meeting was called to order at 5:00 p. m. by Chairman Bryant. There were present: F. Leonard Bryant, Chairman George H. Decker William J. Driver Louis K. Eilers Irb H. Fooshee Carl A. Gerstacker John L. Gillis Kenneth H. Hannan C. B. McCoy Jack M. Pope Charles H. Rybolt Clifford D. Siverd Harry B. Warner James R. Carnes General Counsel Marx Leva 1. Report of the Secretary-Treasurer. Mr. Carnes reported that the independent audit of the Association's books as of May 31, 1969, had been completed by Bond, Beebe, Bond and Bond, Certified Public Account ants, and the financial status and records of the Association found to be satisfactory and in order. Copies of the audit would be made available to MCA officers and summarized in the report of the Secretary-Treasurer to the membership at the Annual Meeting on the following day. Total income for the fiscal year was $1,643, 135, $23, 135 more than estimated when the budget was prepared. Expenditures for the year under the budgeted program totaled $1, 525, 080 or 90% of the overall budget. Further expenditures of $64, 849 were made from the funds appropriated from Surplus during the previous fiscal year to cover the cost of freight rate hearings, bringing total general program expenditures for the year to $1, 589, 929. Of the $118,055 by which general program income exceeded budgeted expenses, $97,513 in unexpended project funds was carried forward for expenditure in the new year and the remainder of $20, 542 was transferred to the unrestricted General Fund (Surplus). The latter now totals $930,502, which represents more than six months expenses of the Association. 2. 97th Annual Meeting. Mr. Carnes reported that total regis tration for the Annual Meeting stood at 947 from 163 firms, all quartered in The Greenbrier except 5 at hotels and motels in the vicinity. Also, that The Greenbrier management had confirmed the following future meeting dates: CMA 061475 2- - June 4-6, 1970 June 10-12, 1971 June 8-10, 1972 June 7-9, 1973 June 6-8, 1974 3. Proposed Health Examination Program for Key Staff Members. Forwarded to members in advance of the meeting was a proposed voluntaryhealth examination program for members of the Association's supervisorystaff which had been discussed by the Committee at its preceding meeting. Following a brief statement by Chairman Bryant and discussion by other members of the Committee, it was agreed to recommend to the Board of Di rectors at its meeting later in the day that the plan be approved as presented. 4. Proposal to Publish "Guide to the Precautionary Labeling of Hazardous Chemicals" Without Illustrative Labels. Furnished to members of the Committee in advance and summarized by General Decker was a request by the Labels and Precautionary Information Committee requesting concur rence in the plan to publish the Seventh Edition of the "Guide to Precautionary Labeling of Hazardous Chemicals" without illustrative labels for specific chemicals. Following discussion, it was agreed to recommend to the Board of Directors at its meeting later in the day that the Board's concurrence in the proposed plan of publication be given. 5. Deactivation of the Research Advisory Committee. Furnished to Committee members in advance of the meeting and summarized by General Decker was a staff proposal that the Research Advisory Committee be deacti vated because of the present lack of a need for activity in the area for which it is responsible. Following discussion, during which Mr. Hannan noted that the Policy Study Committee had proposed such action in the tentative draft of its report, it was agreed to recommend to the Board of Directors at its meet ing later in the day that the Research Advisory Committee be deactivated. There being no further business to come before the Committee, it was unanimously resolved to adjourn. Certified Correct; Chairman, Executive Committee CMA 061476 Recommendation of Ad Hoc Committee on Economic Assistance to Industry for Pollution Control as to MCA Position Concerning Economic Incentives to industry for Pollution Control and Discharge of Committee At the May 29, 1969 meeting of the Ad Hoc Committee on Economic Assistance to Industry for Pollution Control, the secretary was requested to propose that it be discharged. The Committee feels it has completed its assignment, summarized as follows: Five of the six members of the Ad Hoc Committee support recommending that MCA take a position in favor of governmental economic subsidy of industrial pollution control. No particular devices for this purpose are specifically en dorsed, but investment credit and accelerated amortization are recognized as having received much consideration. Justification resides in the unusual burden on industry in responding to the discontinuous jump in control requirements called for by programs just now getting under way or initiated in the recent past. This subsidy should be available without special qualification, e.g., hardship conditions, and should not be restricted to pre-existing installations. It should not be continued indefinitely, but no specific term of duration is suggested. The Ad Hoc Committee believes that it would be preferable for this subject to receive independ ent legislative consideration based on its own merits, and recommends that announcement of any MCA position should be held for opportune release. * CMA 061477 BACKGROUND The Clean Water Act of 1966 (S. 2947) required the Secretary of the Interior to study methods for providing in dustry with incentives, including tax incentives, for con structing pollution abatement facilities. Anticipating that the chemical industry would be called upon to express its attitude on the subject, an Ad Hoc Committee was appointed to study the matter and the Board of Directors, on March 14, 1967, approved terms of reference for the Committee. Subse quently, the Ad Hoc Committee rendered a report which reflected a division of opinion within the Committee. Although earlier it was presumed MCA might be invited to express an opinion, it became increasingly clear that no such statement would be required so no action was taken on the report. In January 1969 the subject was reopened with the Ad Hoc Committee since there was some pre-inauguration comment from the incoming Nixon Administration that indicated the subject might be revived. Consequently the Ad Hoc Committee was asked to reconsider its position. It has not changed. RECOMMENDATION At this time there is no indication that MCA will be called upon to express an opinion. Consequently, it is rec ommended that the Report of the Ad Hoc Committee be filed for possible future reference and that the Committee be disbanded. 2- - CMA 061478