As a further step to carry out the Committee's recommendations, I am requesting the Chairman of the Council of Economic Advisers, as part of the Council's role in advising me on economic policy, to organize, under his chairmanship, an advisory committee to review the special economic problems that may arise from time to time in each of the major areas involving important domestic credit aids.
Memorandum on the Report of the Committee on Federal Credit Programs.
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Contrary to repeated warnings, prophecies, and expressions of hope, in the 17 years since the Marshall plan began, I know of no single officeholder who was ever defeated because he supported this program, and the burden is less today than ever before.
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