[Weekly Compilation of Presidential Documents Volume 34, Number 47 (Monday, November 23, 1998)]
[Pages 2329-2340]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Remarks in ``A Conversation With President Clinton'' With Tetsuya 
Chikushi in Tokyo

November 19, 1998

Opening Remarks

    Tetsuya Chikushi. We have our special guest today who has the 
biggest influence and responsibility to the future of humankind. We have 
this most important bilateral relations, and he's the most responsible 
person in all of the United States. We are very happy to have him, to 
greet him with a large number of audience. Mr. Bill Clinton, the 
President of the United States.
    Mr. President, welcome to our program, and I appreciate your choice 
to join us. It's really an honor. I will skip any more ceremonial 
remarks--[inaudible]. To begin with, you have something to say to the 
people.
    The President. Yes. I will be very brief so that we can leave the 
most time possible for questions. But I would like to begin by thanking 
you and this station for making this program possible. I thank all of 
you for participating and also those in Osaka who are joining us.
    I would like to open by just emphasizing some things I think we all 
know. First, the relationship between the United States and Japan is 
very, very important to both countries and to the world. We have a very 
broad partnership in the security area, in the political area, in the 
economic area.
    Over the years, there is sometimes greater emphasis on one issue 
than another. Over the years, sometimes America is having particular 
problems; sometimes Japan is. But the enduring nature of our democratic 
partnership across all the differences between our peoples is profoundly 
important. And on the edge of this new century and a new millennium, 
when there is so much change in the way people work and live and relate 
to each other, it will become more important.
    That's why I'm here and why I wanted to be a part of this townhall 
meeting. And I thank you very much.
    Mr. Chikushi. Thank you very much. There are about 100 people here 
and 30 people in Osaka, the second largest city, and everybody wants to 
discuss with you, to make some questions. And also, we gathered 
questions nationwide through Internet and facsimile. To start with, I 
would like to ask some casual questions, and I would like to expect a 
brief answer. From now on, I'd like to speak in Japanese.
    We have many questions from children, many of them with--
[inaudible]. I will pick one from the fifth grader of the primary 
school. ``Did you have good grades at school when you were a kid?'' 
[Laughter]
    The President. Mostly. [Laughter]
    Mr. Chikushi. Next question.

Chelsea Clinton

    Q. [Inaudible]--when Chelsea, your daughter, was born, how much were 
you involved in baby raising, child raising?
    The President. I'm sorry, would you read----
    Q. How much were you involved in raising her?
    The President. When my daughter was born, how involved was I with 
her? I was very involved with her from the time she was a very small 
baby, and always going to her events, working with her on her homework 
until it became too difficult for me--[laughter]--and trying to be a big 
part of her life. So, my wife and I both tried to be very involved in 
her life, and we still try to be, although she has reached an age where 
I don't

[[Page 2330]]

think she thinks it's always such a good idea. [Laughter]

Public Speaking

    Q. I am very bad in speaking in front of large number of people. And 
also, the same question from the junior high school student, how can you 
speak so well in front of the large number of people? Could you give us 
some tip?
    The President. My only advice is to imagine, no matter how many 
people are in your audience, that you're speaking to a few of your 
friends--because, look at the camera, the camera will take us to 
millions of people. I have been in crowds--the largest crowd I've been 
in was in Ghana in West Africa. We had maybe 400,000 or 500,000 people. 
But on the television, there are millions. And if you're in a big crowd, 
well, the microphone is your friend. You can speak normally because the 
sound will carry.
    And I think many people have trouble speaking in public because they 
think they have to change. And you don't have to change. You just have 
to be yourself. Imagine you are at home, entertaining some friends, 
sharing something with your family, and speaking the way you would when 
your heart was engaged and your mind was engaged about something you 
cared about in your own life. That's my only advice.
    Mr. Chikushi. Well, thank you. So, that being said, let's go into 
our Q&A session. So you spoke very well as President. Now talk about 
leadership and about your personality. I would like to welcome questions 
regarding leadership or his personality or the President as a person.

Pressures of the Presidency

    Q. I'm involved in welfare. I am sure you feel a lot of pressure 
being President. Have you ever felt that you wanted to get away from 
these pressures? And also, how are you coping with these tremendous 
pressures as President?
    The President. Well, of course, sometimes you want to get away from 
it. But I think the important thing is not to be overwhelmed by the 
work, that only people have these jobs and you have to take some time 
for family and some time for recreation. I spend a lot of time reading. 
I probably read more than I did before I became President. I exercise 
every day. I play a lot of golf, not as much as I wish but some, and 
certainly not as well as I wish. [Laughter] And I try to stay in touch 
with my family members beyond our home and also my friends around the 
country. And all these things help to keep balance in my life. I try to 
make sure on the weekends I spend time with my family. I take time to 
attend my church services. I do the things that remind me that I'm a 
normal person and I need a balanced life. And I think that's important.

History's View of President's Accomplishments

    Q. I work for Kirin Beer Company. Thank you very much for this great 
opportunity. I really appreciate it. And I would like to congratulate 
you on the result of the midterm elections back in the United States. 
Now, my question: You're the 42d President of the United States. What 
would you like people in the future to remember you for?
    The President. I would like to be remembered for having restored 
American confidence and opportunity, prepared America for the 21st 
century, and deepened America's partnership with people around the world 
to create a world more full of opportunities for ordinary citizens, more 
committed to preserving the environment, and more committed to working 
together for peace and prosperity.
    I believe we're moving into a world where our interdependence with 
one another will be critical to maintaining our independence, as nations 
and as individuals. And I would like to be remembered as a President who 
prepared my country and the world for the 21st century. And I like your 
beer. [Laughter]

Japan's Leadership

    Q.  I'm--[inaudible]--from Sony Corporation--[inaudible]--in Japan 
the leadership is not as good as we would like it to be. What do you 
think--[inaudible]?
    The President. Well, first of all, I think that, to be fair to the 
present leadership, Prime Minister Obuchi and his team, they have not 
had enough time for people to make

[[Page 2331]]

a firm judgment. They just recently took office. That's the first point 
I would make, because the difficulties, the challenges Japan has today 
will not be solved overnight.
    For example, when I became President in 1993, I had to make some 
very difficult decisions. And in the midterm elections in 1994, like the 
ones we just had, between the Presidential elections, my party suffered 
great losses. And people who voted for the tough decisions that I 
advocated, many of them were defeated because the people had not yet 
felt the benefits of the things which were done. So the first thing I 
would say is, do not judge too harshly too quickly.
    The second thing I would say is I think that the big things that 
have been done here are essentially moving in the right direction, the 
banking reform, stimulating the economy. The third point I would make is 
that for leadership you need, first, to know what is going on. You have 
to have a clear analysis of the present situation. Then you have to have 
a vision of the future you're trying to create. Without a vision, the 
rest of this doesn't matter. Then you have to have an action plan to 
achieve the vision. And then, finally, in the world we're living in, 
where we do things like this, you must be able to have all kinds of 
ordinary citizens be able to buy into it, to support it, to say ``Yes, 
this will be good for me, good for my family, good for my future; I wish 
to be a part of this.'' And that, I think, is the great challenge of 
modern leadership: how to mobilize large numbers of people, even if 
unpopular things have to be done.

Monetary Rewards and Political Life

[A participant commented that many business leaders had amassed great 
wealth over the past 6 years, but that the President could not, given 
his income as President. He asked what kept the President motivated 
since he could not seek a third term.]

    The President. Well, first of all, you're right; I can't run for a 
third term under our laws. It's a good thing, because if I could, I 
would, I think. [Laughter] I like the work very much. But I think, first 
of all, people who get into public service must have a decision that 
they are not going to make as much money as they could make if they were 
doing something else. However, it is important that we pay them enough 
money so they can at least support their families, raise their children, 
pay their bills. Beyond that, I think that most people who are in public 
service should just be content, if they can raise their children and pay 
their bills, to think that when they get out of public service, they can 
do a little better.
    And that's the way I've always looked at it. It never bothered me 
that I didn't make much money. That's not what was important to me in 
life. And I think that as long as there are rewards to public service in 
terms of being able to achieve what you wish to do--that is, help other 
people, help your country move forward--I think good people will wish to 
do it. I don't think that money will ever be able to attract quality 
people to public service. But if you expect people to starve, you can 
drive good people away.
    Mr. Chikushi. Then we'll switch to Osaka. I guess they are waiting--
[inaudible]--which is known for the shrine of the merchants--we have 30 
people here; they are very vigorous Osakans. And 15 involved in retail 
business and 15 ladies that are present here, waiting for the 
opportunity to ask questions. We will start from a man.

First Family

    Q. I'm involved in the metal business. Mr. President, out of the 
dishes that your wife cooks, what do you like best, and how much do you 
eat with your family a month? How many times do you eat with your family 
a month?
    The President. Well, of course, our daughter has now gone to 
university, but my wife and I have dinner together every night when 
we're both home. That is, unless she has to go out to an engagement or I 
do, we always have dinner together. I would say probably 4 times a week 
we have dinner together, and maybe 3 times a week one of the two of us 
is out at night or out of town.
    Over the last 20 years, of course, it's fairly well known in America 
that I like all different kinds of food. A lot of people make fun of me 
because of that. But I suppose my favorite dish is a Mexican dish, 
chicken enchiladas. That's what I really like the best, although I like 
sushi, too. [Laughter]

[[Page 2332]]

    Q. Very nice to meet you. I have two children. I am a housewife. So 
nice to meet you, or talk to you. I have a question regarding Miss 
Monica Lewinsky. How did you apologize to Mrs. Clinton and Chelsea? And 
I'm sure I would never be able to forgive my husband for doing that, but 
did they really forgive you, Mr. President?
    The President. Well, I did it in a direct and straightforward 
manner, and I believe they did, yes. [Laughter] But that's really a 
question you could ask them better than me.

Okinawa

    Mr. Chikushi. Thank you very much. We'll go back to you, our viewers 
in Osaka. Let's change the topic now. Now our bilateral relationship is 
the most important of all. Bilateral relationships--let's talk about 
U.S.-Japan relationship. We collected about 4,000 questions from all 
over Japan and the most popular questions were regarding Okinawa, 
American base issue of Okinawa.
    There are two independent countries, allies, but one country has the 
military presence in another country for a long time in such a large 
scale. Is it good for our relationship? Isn't it going to be a thorn of 
one side, so to speak? How do you feel about that, Mr. President?
    The President. Well, first of all, I think there have been, 
obviously, some difficulties in the relationship in our military 
presence in Okinawa. Some of them I think are inevitable, and I'm very 
respectful of the challenges that our presence has caused the Government 
and the people on Okinawa.
    On the other hand, both the Government of Japan and the Government 
of the United States agree that our security partnership is a good one 
and that we cannot say with confidence that there are no circumstances 
under which American forces would ever be called upon to defend Japan or 
our common allies. And if we were to move our forces back to Guam or to 
Hawaii, it would take them much, much longer to come anywhere in the 
northeast Asia area if there were difficulties.
    So the question is, if we do need to be here for some period of 
years, how can we do it in the way that is least burdensome to the 
people of Okinawa? That has been my concern. I have worked now with 
Prime Minister Obuchi's government and with predecessor governments to 
try to be responsive to that. And I hope we can do that. I hope we can 
continue to ease the burden on the people of Okinawa but stay as long as 
both Japan and the United States agree that is wise for us to stay.

Military Conflicts

    Q. Related to the previous question, the new guidelines have been 
developed, and Japan, of course, is not supposed to go into war. But 
once the United States gets into the war situation, I'm afraid that 
Japan might be sort of pulled into that, also, and I've been concerned. 
Can you comment on that?
    The President. Yes. Of course, our strategy is to maintain a 
presence in the world so that there will be no war, so that there is a 
strong disincentive for anyone to drag anyone back into a war. There 
have been so many wars in Asia in this century, but in the last two to 
three decades, there has been an increased emphasis in the Asian 
countries on working on the economy, working on the society, working on 
the education of children, working on trade and other relations with 
people instead of military relations.
    And my hope is that America's military strength will be used to 
deter any further military action so that we will have more peace, and 
in the decades ahead, war will become more and more unthinkable for 
everyone. That is what the whole defensive military strategy of our 
country is designed to do.

Japan-U.S. Trade

    Q. I will ask about trade. Now, we are asked by the U.S. Government 
to further open our market. Do you have any Japanese-made product which 
you daily use, Mr. President?
    The President. Yes, we have some Japanese televisions. We also have 
at least one European television, I think, in the White House complex. 
And I have, over time, owned a number of them. When I was a Governor of 
my home State, we had a Sanyo plant in my home State that put together 
televisions that were mostly manufactured in Japan and the component 
parts sent there.

[[Page 2333]]

So I'm quite well familiar with that, and I think it's very important.
    Actually, we've worked hard on trying to keep our markets open 
during this period of economic difficulty, not only for Japan but for 
all of Asia. And you may know that our trade deficit has gone way up 
with Japan, with China, with others. Because of the Asian economic 
crisis, we're buying more exports, but no country can afford to keep 
buying imports from us if the economy is down.
    And on the whole, the American people have supported this. It's our 
contribution to trying to stabilize Asia and bring it back. I have to 
say in all candor there are some problems. Japanese imports into America 
of hot-rolled steel, for example, are up 500 percent in one year, and no 
one quite believes that that's just because of the economic problems. 
But by and large, there's a commitment in America to keeping open 
markets and purchasing Japanese products.
    Let me also say, I believe that in addition to the financial 
reforms, which I think are very important to carry out aggressively, and 
the economic stimulus, domestically, I think Japan could get a lot of 
economic benefit in terms of new jobs, from greater openness. I'll just 
give you two examples.
    In our country there was great controversy about deregulating and 
opening investment to international investors in airlines and in 
telecommunications. We did it. It was quite controversial. But we have 
created, as a result, far more jobs in both sectors because of the 
greater competition.
    Just since 1993, when we've been aggressive in telecommunications, 
and a lot of international firms have been a part of this, we have seen 
hundreds of thousands of jobs created in America because of the 
increased competition. So I think it would be good for the Japanese 
economy.
    Let me say, I never consciously asked Japan or any other country to 
do something that is good only for the United States. My belief is that 
our country is strengthened if Japan is very strong, because if Japan is 
very strong, that brings back Asia. If Asia is strong, that's good for 
the American economy. It also means it's good for stability, which means 
more prosperity and less likelihood of the military conflicts that I was 
asked about by the lady there.

Japanese Economic Policy

    Q. This is relating to our economic relationship. In Japan, the 
certificate or consumption coupons will be issued to children and old 
people. Now, including this--and there are other measures to boost our 
economy--what do you think of what Japan is doing?
    The President. Well, I know of no history with these coupons. It's a 
new idea. And so, obviously, I can't have an informed opinion. But I do 
believe that anything that can be done to increase consumption is a good 
thing, because I know the Japanese people are great savers, and that is 
also a good thing. And I know you worry about the population getting 
older and having to save more for retirement. But you need a balance 
between saving for your own retirement and growing the economy today, 
because as the population gets older, one of the things that will lift 
up the elderly population is a very strong economy. And so I think that 
anything that can be done to boost confidence of consumers and to boost 
consumption is a good thing.

Agricultural Trade

[A participant explained that farming in Japan was a family-based 
operation which maintained cultural and social values, while farming in 
the United States was more efficient and enterprise-oriented. He stated 
that U.S. demands for agricultural trade liberalization were therefore 
unfair and then requested the President's views.]

    The President. Well, first of all, let me say, this is a subject 
about which I think I know something. Before I became President, I was 
the Governor of my home State, which produces 40 percent of all the rice 
grown in the United States. And in our State, most of the farms are 
still family farms.
    But we see all over the world today family farmers having more 
trouble. For example, to show you the other side of this, in the 
northern part of the United States, in North Dakota, there was a huge 
drop in the number of family farmers this year because the Asian 
countries, not Japan, other Asian countries which had been buying their 
wheat could no

[[Page 2334]]

longer afford to buy it. And a lot of them were threatened with going 
out of business.
    In fairness, one of the reasons I believe we need this WTO process 
is so we can have a regular way of deciding how to open the markets that 
should be opened in agriculture and then give countries enough notice so 
they can figure how they're going to help the farmers if they have a 
policy of wanting family farmers to survive.
    I can tell you, in my country we have tried to push for more open 
markets and a policy to keep family farmers in business by--and I can 
only say what the situation is in America. In America, the family 
farmers are as productive as the big enterprise farms, but the family 
farmers don't have a lot of money in the bank. And we all know that 
because of bad weather or bad prices or whatever, some years are good in 
farming; some years are bad in farming. The fundamental problem in the 
U.S. is that the family farmers need a system to help them through the 
bad years. The big enterprises have so much money, they take the bad 
years and wait for the good years.
    So we have tried to design a system that would address the needs of 
both, and we seem to be having some success there. So I think there is a 
proper compromise here where you can open markets more gradually, open 
them to farming, particularly if there are different products. There are 
some products that Japan buys that can't be grown in Japan. And if you 
can open these markets, but do it in a way that preserves to the maximum 
extent possible the family farms, that I think is the best way to do it. 
And that is what we are trying to achieve in the U.S. I don't know if 
we'll succeed, but I think we're doing a pretty good job now.
    Mr. Chikushi. Osaka is very interested in economic issues, so let's 
switch over to Osaka. Questions?

Financing for Small Business

    Q. I'm in housing equipment and material. Osaka has a lot of small- 
to medium-size businesses, and I boast ourselves for having supported 
the Japanese economy. But we are suffering right now. It's hard to get 
loans these days. And the first blow comes to us first. But in the 
United States, how are you helping these small- to medium-size 
companies?
    The President. We have I think three things that I would like to 
mention. First of all, for small businesses that are just getting 
started, we have a Small Business Administration in the Federal 
Government which can provide guarantees of the first loans. Now we have 
a pretty healthy banking system, quite healthy, that is pretty 
aggressive in making loans to businesses. In addition to that, we have 
something that many countries don't have. We have a very active system 
of venture capital, high-risk capital, higher-risk capital, people who 
will invest money in new areas or in small- and medium-size businesses 
that are just trying to expand.
    And having looked at the Japanese situation, I think it would be 
very helpful if, in addition to this bank reform, where the banks can 
get public money to protect depositors, and then they have to declare 
the bad loans and work through them--I think that will help because then 
the banks can start loaning money again, with the depositors protected. 
So it's very important to implement that.
    But I would like to see some effort made at providing more of this 
venture capital, this risk capital, in Japan. And it may be that there 
is something we can do to encourage Japanese business people to set up 
these kind of ventures, because they have created millions of jobs in 
America, the venture capitalists have. And even though they lose money 
on ventures, on balance they make money over a period of years.

Japan-China-U.S. Relations

    Q. I am also a merchant, selling kitchen material. Looking at the 
recent American diplomacy, you tend to go over the head of Japanese. 
You're interested in strengthening diplomatic relations with China. What 
we are afraid of is that in 2008, we would like to invite the Olympic 
Games to Osaka, and a very strong rival is Beijing of China, for the 
Olympics in 2008. So I would like to have your personal, private opinion 
about this. If Beijing and Osaka compete to get the Olympics, I am sure 
that you will support Osaka. I'd like to make sure of that. Or would you 
rather support Beijing? I certainly appreciate your support.

[[Page 2335]]

    The President. Thank goodness I will no longer be President. I don't 
have to make that decision. Let me make two points. First of all, I did 
not intentionally go over the heads of the Japanese people in 
establishing better relations with China. I think it is good for Japan 
if America has better relations with China. I think it is good for 
America if Japan has better relations with China. The Chinese President 
is coming here, I think, on a state visit in just the next couple of 
days. And it has now been quite a long time since the last World War, 
and I think whatever remaining misunderstandings there are should be 
resolved and that your two great countries should have a better 
relation. And I'm going to do my best to see a partnership involving all 
of us going into the future.
    I'm not going to take a position on the Olympics. But let me say, 
before I became President, I spent a lot of time in Osaka, because we 
had two companies in my State who were headquartered in Osaka. I even 
remember the last restaurant I ate at in Osaka, Steakhouse Ron, R-O-N. 
So if it's still there, maybe I got them some business tonight. 
[Laughter]

Balancing Work and Family in Japan

    Q. I teach social studies in junior high school. We've been talking 
about expanding consumption. The Japanese junior high students spend so 
little time with their fathers at home. They have to go to--
[inaudible]--school and fathers don't get home until very late. Talking 
about consumption, I think if they get fathers back, I think we will get 
a more stable society. Because if they get more free time, then they 
have more leisure time; they will spend more money that way. But in the 
male-oriented society of Japan, there is very little discussion 
regarding more holidays. What do you think about that?
    The President. I think, first of all, the whole world admires both 
the excellent education system and the hard work ethic of the Japanese 
people, and admires the fact that you have been able to keep the family 
structure as strong as you have under the enormous pressures of work and 
education for the children, especially during this hard economic time. 
But I think that in all societies which are very busy and very 
competitive, the number one social question quickly becomes, how do you 
balance work and family?
    I personally believe that the most important work of any society is 
raising children well. And if you have to sacrifice that to have a 
strong economy, then sooner or later your economy and your society won't 
be very strong. On the other hand, you don't want to sacrifice your 
economy in the service of raising children. There has to be a balance.
    We are having that kind of debate in America. I don't have the 
answer for Japan; it would be wrong for me to suggest it. But I think 
you have asked the right question, and I hope maybe your being on this 
program tonight will spark a sort of national debate about it. It's 
worth asking that question, whether you could actually help the economy 
by providing people more free time with their children and their 
families. I never thought of it in this term before until you said it 
tonight. Thank you.

Disabled Americans

[A participant asked the President what he plans to do for the 
disadvantaged people in the United States.]

    The President. Thank you very much. First of all, you made a very 
important point. In 1992, we passed the Americans With Disabilities Act, 
which guarantees all Americans access to certain public facilities and 
other opportunities in our society. Previous to that we had tried to do 
the same thing with our schools, in educational facilities.
    And all of you know, I'm sure, about all the fights we have in 
America between the Democratic Party and the Republican Party, and you 
see all that in the press here. But you should know that one of the 
things that we've had almost complete agreement on in the last 6 years 
since I've been President, is every year putting more money into 
education for Americans with disabilities.
    In the last session of Congress, we came very close to passing a 
bill which would have dramatically expanded job opportunities to 
Americans with disabilities, over and above where we are now. So I think 
it's fair to say--and our administration has been very involved in 
this--our position is every person

[[Page 2336]]

should be looked at as a resource. Every person should have all the 
opportunities necessary to live up to the fullest of his or her 
capabilities. And our policy is to do whatever we can to advance that 
goal. We believe it makes us a stronger country.
    Q. Thank you, Mr. President.

American Visitors to Japan

    Q. Every year many Japanese youth go to the United States for 
sightseeing or to study. But compared with that, not too many Americans 
visit Japan. That's how I feel. I think it's important that the young 
generation understand each other, the American youth and the Japanese 
youth. Why do you think it's fewer American youth visit Japan?
    The President. I think, first of all, it's because it's a long way 
away in the minds of most Americans. And secondly, because we have in 
America, as you know, people of every conceivable different racial and 
ethnic backgrounds, but relatively small number of Japanese-Americans--a 
significant number--we have several Japanese-Americans in our United 
States Congress, for example. But I think that the Americans, when they 
travel abroad, tend to go to places where either their own people came 
from or they know someone in the school who is from there or something 
like that.
    But there is an enormous interest in Japan in the United States, an 
enormous interest among the young people, wanting to understand the 
society, know more about it. And I think what we have to do is to try to 
facilitate more travel among older people who have the means to travel 
but more study groups among the younger people.
    Most young Americans could not afford to come here to study on their 
own. They would have to come as part of some scholarship program. And in 
the years since I've been President, we tried to find ways to increase 
the number of young Americans who could come here to study.
    Our Ambassador here now, Tom Foley, who was formerly the Speaker of 
the House of Representatives, has been very active in this whole area of 
trying to build greater communications and travel for a long time. And I 
hope we can do a better job now, because I don't think we've done as 
much as we should have to bring Americans to Japan, to give them a 
chance to get to know the Japanese people, understand the Japanese 
system, and build long-term friendships for the future.
    Mr. Chikushi. A very tough question to the President. [Laughter]

Landmines

    Q. I work for a nongovernment organization. I'm a housewife. Mr. 
President, there is a book, ``Give Us Not Land Mines, But Flowers.'' You 
autographed this. Do you remember it? Thank you. We have been engaged in 
the campaign to get rid of landmines, and we have signed the treaty to 
completely get rid of landmines. You have not signed that. Why is that? 
What is your policy on landmines?
    The President. First of all, my policy is to support getting rid of 
them, and there is a reason that we have not signed the treaty. I would 
like to explain why.
    Number one, the way the treaty is written, the mines that countries 
use to protect their soldiers against tanks, so-called antitank mines, 
not antipersonnel mines, are protected, except ours, because of the way 
the wording of the treaty is. And we pleaded with the people in Oslo not 
to do this, but they did. They basically wrote out--and they knew 
exactly what they were doing. Why they did it, I don't know. But they 
basically said that other countries, the way they designed their 
antitank mines was protected; the way we do it isn't.
    The second issue is, the United States has, as all of you know very 
well, a United Nations responsibility in Korea. The border, the DMZ, is 
18 miles from Seoul. So there is one place in the world where we have 
lots of landmines, because it's the only way to protect Seoul from all 
the North Korean Army should they mass along the border. It is heavily 
marked. As far as we know, no civilian's ever been hurt there. All we 
asked for was the opportunity to find a substitute for the protection 
the landmines give the people of South Korea, and we would sign it.
    Let me assure you all, I was the first world leader to call for a 
ban on landmines. We have destroyed almost 2 million landmines. We spend 
over half of the money the world

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spends helping other countries dig up their mines. So I strongly support 
the goals of the treaty, and I will continue to do so. I hope if we can 
resolve these two problems, we can sign the treaty, because I have spent 
a lot of my personal time on this landmine issue, and it's very 
important. And I thank you for what you're doing.
    Thank you.

Nagasaki and Hiroshima

    Mr. Chikushi. Time is running short, so we turn our attention to the 
future. Something that is difficult for the people in the audience to 
ask, so I will do it. You have the button to destroy mankind 5 times 
over with your nuclear weapons. How much do you know about what really 
happened in Nagasaki and Hiroshima? Have you had any personal experience 
of getting in touch with the victims? And on that basis, you still 
continue to own, possess nuclear weapons.
    The President. No, I have never had any personal contact with 
victims, but I have read a great deal about it. After I decided to run 
for President, I began to think about it much more than I ever had 
before.
    Since I have been President, I have worked hard to reduce the number 
of weapons in our nuclear arsenal, along with the Russians, to extend 
the Nuclear Non-Proliferation Treaty. We were the first country to sign 
the Comprehensive Nuclear Test Ban Treaty. We are hoping that our 
friends in Russia will ratify the START II Convention so we can 
immediately start on the next round of nuclear weapons reductions.
    So I have done everything I could do to reduce the number of nuclear 
weapons and the threat of nuclear war. I have implored the people of 
India and Pakistan not to start a nuclear buildup with each other, 
because I never want to see another weapon dropped.
    On the other hand, if you look at the last 50 years, nuclear weapons 
have not been used a second time, I think, because of the deterrent 
theory. And what I want to do is to reduce our weapons but always do it 
in a way that at least provides some disincentive from someone else 
using nuclear weapons, as well.
    Mr. Chikushi. Well, unfortunately, I think the time is up. Or?
    The President. I'll take a couple more.
    Mr. Chikushi. There's two more questions regarding our future. How 
about a young person, how about over here?

Teenage Crime

    Q. I want to ask you--I'm very sad these days that teenagers' crime 
is increasing--[inaudible]--what do you hope we can leave to our 
children?
    The President. Let me ask you something. I have something to say 
about that, but why do you think the teenage crime is going up?
    Q. Well, I think it is a little related to what the other guy asked 
you about, that no communication in the family, no father, and many 
times the mother does not work in the home. And this kind of no 
communication in the family--and also the area--we don't know other 
people, what they are doing.
    The President. Well, I can tell you that in our country, one of the 
things that happened is that so many of our children were being let out 
of school, but they couldn't go home to their parents because there was 
no parent in the home. And so a lot of this crime was happening between 
the time school was over and the time the parents got home from work.
    So what we have tried to do is to turn our schools into more 
community institutions. And so the children can stay there for longer 
hours, and they can do their homework, or they can get tutoring or they 
can do other things. In some of our big cities, even they're feeding the 
children there, if necessary. And what we're trying to do is to create 
as much as we can, opportunities to overcome the fact that many of these 
children don't even have two parents in the homes in the U.S.
    But I think the most important thing is children have to believe 
that they are the most important people in the world to someone. They 
have to be--when you're young, you must know that you are the most 
important person in the world to someone. It gives you a root, an anchor 
in life. Of course, then all the work and the study and all that makes 
more sense. But in the beginning you have to be valued just because 
you're alive and because you're in a family and because you're

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in a community and you matter, no matter what.
    I think that is important. And I worry that in all of our societies 
we're working so hard, we're getting so busy, we're doing so many things 
that that sense of the innate, inherent worth of people can be lost. We 
can never afford to define ourselves solely in terms of how hard we work 
or how much money we have or what our grades are or anything else. 
Children have to believe that they matter just because they're alive. 
And I think that, all of our societies, if we're not careful, we lose 
that.
    Mr. Chikushi. The last question, I can only accept one question. 
Would you like to point to somebody, Mr. President?
    The President. If I'm late, the Prime Minister will stop speaking to 
me, and this whole thing will be--[laughter]--go ahead.

Situation in Iraq

    Q. I have a question about--you decided not to attack Iraq--estimate 
by the Pentagon that more than 10,000 people would die--[inaudible].
    The President. Well, first of all, the Pentagon estimate was not 
that high, but it's obvious that if we had conducted a comprehensive 
attack directed at their weapons of mass destruction program, the 
production capacity, the laboratories, all the supporting sites and the 
military infrastructure that supports it, that unless everyone knew in 
advance and left the premises, large numbers of people would be killed. 
And I believe the United States has a special responsibility, because of 
the unique position of our military might, at this moment in history, to 
be very careful in that.
    Now, that's why I always said if Saddam Hussein would comply with 
the United Nations resolutions, we would not attack. Shortly before the 
attack was about to begin, we received word that they were going to send 
a letter committing to compliance. Then we worked all day to try to 
clarify it, and I think it was a good thing to try to solve this 
peacefully. Peace is always better than war if you can do it consistent 
with the long-term security and freedom of the people. So I feel good 
about that.
    Secondly, I think that the inspection system offers us the best 
protection over the long run. But don't forget, you have suffered in 
Japan from the sarin gas attack. This is not an academic issue to you; 
this is a real issue to you. And Iraq is a nation that has actually used 
chemical weapons on its own people, on the Iranians, on others, had a 
biological weapons program of some significance, was attempting to 
develop a nuclear weapons program.
    So this is a very important issue for the world, and I would hope 
that all the countries of the world would continue to support an 
aggressive stance. I hope it will not lead to military action, but we 
have to be prepared, I believe, to take military action because the 
issue is so great.
    I think that young people like you--Japan lived in the shadow of the 
awful legacy of the atomic weapons, but the likelihood is that in your 
lifetime, your adult lifetime, and your children's lifetime, you will 
have to worry more about chemical and biological weapons put in the 
hands of terrorists as well as rogue states. You have seen this in 
Japan; you know this. But I think if we can do something to stop it now, 
we should do it even if it requires military action.
    The gentleman behind you there.

International Finance in the 21st Century

    Q. I'm a private banker for a European bank. In a few years, in many 
ways, we've come through a lot. We have increased investment in the 
United States. However, things are changing a little bit. Now you will 
be the first President of the 21st century, but what do you think you 
have to be most worried about as we go into the 21st century in terms of 
economics?
    The President. I think the biggest challenge, long-term, is to adapt 
the international economic systems to the realities of the 21st century. 
The International Monetary Fund, the World Bank, all these institutions 
set up at the end of the Second World War have facilitated great trade 
and investment. But they weren't prepared for the fact that once you had 
trade and investment, you had to have money crossing national lines, and 
then that money would become a commodity traded in itself, and then it 
would be traded at

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great margins through the derivatives and the other mechanisms. 
Sometimes the money is traded, and you only put up 10 percent of the 
money you have at risk.
    Today, $1.5 trillion crosses national borders every day in currency 
trading. And we don't have a system to avoid boom and bust to keep 
recession from going to depression in the global financial markets. So, 
long-term, I think that's our big challenge. We are all working on it, 
and I think we'll have over the course of the coming year some very 
important things to do.
    Meanwhile, we've come up with some short-term solutions, Japan and 
the U.S., with the Asia growth fund we announced--the Prime Minister and 
I announced a couple of days ago--a precautionary finance facility to 
keep the financial problems from reaching countries that are doing a 
good job, strengthening the IMF.
    But over the long run, every country after the Great Depression that 
preceded World War II devised ways to stop those depressions from 
happening in their own countries. That's what you're doing here. You're 
just a question of whether you're doing enough to restore growth, right? 
But you've been able to stop things that happened all over the world in 
the 1920's and '30's.
    Now what we have to do is to develop an international system that 
will achieve that goal, that will allow growth, free flow of money but 
won't have these radical swings of boom and bust that devastated the 
world in the 1930's. That, I think, is the biggest long-term economic 
challenge that we face.

Closing Remarks

    Mr. Chikushi. Finally, you must have something to say to Japanese 
people.
    The President. Well, first of all, I hope you have enjoyed this 
evening as much as I have. And I thank you again for your questions. I 
thank the people in Osaka for their questions. I thank you for your 
interest in your country and in our relationships with your country.
    I would just like to say in closing that the United States views 
Japan as our friend, our ally for the future. We regret that you have 
the present economic challenges you have, but we don't think you should 
be too pessimistic about the future.
    These things run in waves over time. Keep in mind, 10 years ago a 
lot of people said America's best days were behind it. And we looked to 
you, and we learned a lot of things from you. And we borrowed some 
things from you, and they helped us. And so now we're in a period of 
time where what we're doing is working pretty well for us and helping 
the rest of the world. But in the last 50 years, no country has 
demonstrated the capacity to change more than Japan and to lead and to 
emerge and to sort of redefine, continually redefine the mission of the 
nation. So I would, first of all, say do not be discouraged by the 
present economic difficulties; they can be overcome.
    The second think I would say is, we had a big financial crisis in 
America, and it cost us 5 times more than it would have to fix because 
we delayed dealing with it. So now you have the laws on the books. I 
would urge you to support your Government in aggressively dealing with 
the financial institutions, aggressively moving to support greater 
consumption, aggressively moving for structural changes that will create 
more jobs, because a strong Japan is good for you but also essential to 
the rest of Asia emerging from its present difficulties. So don't be 
discouraged, but do be determined. That would be the advice of a friend. 
I say that because we have been through our tough times; we have learned 
so much from you.
    And the last point I want to make is, the best days of Japan and the 
best days of America lay before us in the 21st century if we determine 
to go there together.
    Thank you very much.

Note: The broadcast began at 5:37 p.m. in Studio A at the Tokyo 
Broadcasting System's studios during ``News 23.'' In his remarks, the 
President referred to Prime Minister Keizo Obuchi of Japan; President 
Jiang Zemin of China; and President Saddam Hussein of Iraq. Mr. Chikushi 
and some of the other participants spoke in Japanese, and their remarks 
were translated by an interpreter.

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