798 
actions, will be much more important in stimulating the ocean develop- 
ment by industry than the report itself. 
Mr. Lennon. Well, I am sure you haven’t overlooked the fact, when 
you say that the Commission report stimulated this committee to move 
forward with hearings to consider the implementation of the recom- 
mendations of this report. I don’t want anyone to overlook the fact 
that this committee had quite a problem in bringing that law into 
being which created or authorized the President or mandated the 
President to appoint the Commission. 
We had a problem with the executive branch of the Government 
when we moved in the direction of creating by statute the National 
Council on Marine Resources and Engineering Development. That 
was resisted by the administration on the philosophy that it would be 
repetitious of the Interagency Committee on Oceanography, but they 
hadn’t been in being more than 6 months before they recognized that 
the Congress had the right view and they did not have the right view. 
Of course, we recognize as we move in this consideration of the 
Commission report that we are going to have many problems. I think 
some of the heads of the various departments at Cabinet level have 
spoken out too quickly before they made their appearance before 
this committee with respect to their views. 
We hoped that the Government agencies would be ready to appear 
before this committee long before now, but they asked for time. 
We have given them time, but we are not giving them more time after 
the middle of September to make their appearance before this com- 
mittee and give us their views. 
We appreciate your appearance this morning and what you have 
related to us and shown in the film is stimulating, because I think that 
most people recognize that the economy of our country is going to 
be helped in the field of the marine sciences related primarily to the 
private sector of our economy and that the Government should not 
exploit the ocean but should let the private sector do it but we should 
be in the position to advise and counsel with them. 
That is our position. 
Thank you very much for your appearance here. I understand that 
counsel has another question. 
Mr. Curnean. Just to fill out the record, what minerals or metals in 
the manganese nodules do you think will become economical for 
exploitation ? 
Mr. Fuirsr. Well, the constituents that we feel will get to the 
marketplace will be nickel, copper, cobalt and manganese and prob- 
ably in that order of ease of entry into the market just because of the 
supply and demand situation, as we see it now, for the next 10 years. 
Mr. Cuincan. Do you think that the introduction of these metals 
from the sea will have any considerable economic impact on the land 
producers of these metals? 
Mr. Fuipsr. I feel that, in the case of nickel and copper, supplying 
these metals from the sea probably will tend to keep the prices of 
these metals from advancing more rapidly than they are advancing 
now. 
On cobalt the availability of large quantities from the sea, which is 
a byproduct, should lower the price of cobalt and permit cobalt then 
