The views of the Chairman of the U.S. Senate Commerce Committee on freedom of electronic information are contained in this speech transcript. The speech opens with a warning that government regulation of the electronic media is expanding and extending in a dangerous way, posing the possibility that one day this regulation will be extended to the print media. Next, it recounts several recent Federal Communication Commission decisions and court cases that indicate a movement in this direction. Citing historical precedent, the speech then points out that if the Supreme Court eventually upholds the right of regulation over the rights of the electronic media, it would be almost impossible to overturn the decision. It then recommends that while maintaining the sanctity of the First Amendment, broadcasters should work toward the passage of a new constitutional amendment guaranteeing their rights. The next part of the speech contains the chairman's promise to work for the passage of such an amendment if he could be assured of the broadcasters' support. Questions from his listeners, newspaper publishers, and the chairman's answers, which reiterate his belief in the need for an amendment and explain how he would go about introducing and working for it, make up the final section of the speech. (JL)