This publication expresses the major concerns and opinions of legislators and others on the topic of world trade in conventional arms. The Congressional Hearing where these testifiers expressed their opinions was held in 1977, at Des Moines Community College in Ankeny, Iowa. Testimony was given by high school students, university professors, foundation research directors, military personnel, writers, and members of political organizations. Cosponsored by the Iowa Division of the United Nations Association, the American Association of University Women, and the League of Women Voters, the report addresses seven major issues: perspectives of the controversy, employment and economic factors, the moral issue, guns, butter or energy, impact on recipient nations, public debate, and directives and iniatives. Of the 19 U.S. iniatives proposed by the state chairman of the program and policy committee of the United Nations Association of Iowa, 11 called for management and control of arms sales through cooperation of weapons producing and recipient nations. Format of the report includes a summary statement on each topic, which is followed by a series of quotations taken directly from testimony at the hearing and from the responses offered by Congressmen. The document includes a directory of the four Congressmen and 20 testifiers present at the meeting. (DB)