[Congressional Record Volume 144, Number 142 (Saturday, October 10, 1998)]
[Extensions of Remarks]
[Page E2035]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




              REGARDING: REPUBLIC OF CHINA'S NATIONAL DAY

                                 ______
                                 

                         HON. SOLOMON P. ORTIZ

                                of texas

                    in the house of representatives

                        Friday, October 9, 1998

  Mr. ORTIZ. Mr. Speaker, in recent years, the Republic of China on 
Taiwan has emerged as a major economic power in the world. Recent world 
economic events offer a special lesson in the power of democracies in 
global economic affairs.
  Their economic success is directly attributable to freely elected 
democratic leadership. These leaders understand that a strong economy 
is necessary for political reform. The fact that Taiwan has survived 
the latest Asian financial crisis relatively unscathed is the lesson in 
the power of democracy.
  From its one-party past, the Republic of China has grown into a more 
sophisticated democracy with a number of political parties. The 
Republic of China strongly supports individual freedom, human rights, 
and a dialogue with any other country in the world.
  Mr. Speaker, let us show our admiration of our friends in the 
Republic of China by congratulating them on their 87th National Day, 
October 10, 1998.
  At a time when it is even more apparent that the world's economies 
are interconnected, the United States can find an oasis of strong 
economic fundamentals in the Republic of China.

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