Presents the proceedings of the May 1996 hearing before the Committee on International Relations, House of Representatives. Witnesses include: Robert Zoellick, Executive Vice President and General Counsel, Fannie Mae and former Under Secretary for Economics, U.S. Dept. of State; Richard N. Perle, Resident Fellow, The American Enterprise Institute and former Assistant Secretary for International Security Policy, U.S. Dept. of Defense; and Charles William Maynes, Editor, Foreign Policy Magazine and former Assistant Secretary for International Organizations, U.S. Dept. of State.