Project for a National Advisory Economic Council

Archive Report

Roosevelt Plan for a National Economic Council

In a Conference with the Business Advisory Council of the Department of Commerce, January 19, President Roosevelt disclosed that his administration is seeking to establish a national economic council, composed of representatives of the principal economic groups in the population, to aid the Chief Executive and Congress in formulating governmental policy. The President has in mind the creation of a permanent, non-statutory body, of not more than 25 members, to represent business, labor, agriculture, finance, distribution, transportation, investors, and consumers. This council presumably would be charged with the duty of molding the diverse economic interests of the groups it represented into definite polities for the guidance of the President and Congress. At White House conferences during recent weeks ...

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