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THE PRESIDENT'S PRIVATE SECTOR SURVEY ON COST CONTROL

September 24,

1982

The Honorable William D. Ford
U.S. House of Representatives
Committee on Post Office

and Civil Service
309 Cannon House Office Building
Washington, D.C. 20515

Dear Mr. Chairman:

In response to the request of Congressman Clay, I am enclosing the latest Balance Sheet and Income Statement, as of August 31, 1982, for the Foundation for the President's Private Sector Survey on Cost Control, Inc. (PPSS). I transmitted Congressman Clay's request to the Foundation, and they made the above financial statements available to me with permission to send them to you.

Sincerely,

Feling Charter

Felix E. Larkin

Enclosures

1850 K Street, N.W.. Suite 1150 • Washington, D.C. 20006

(202) 466-5170

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As you know, the President of the United States has

turned to the private sector to survey Federal government ex

penditures and recommend cost saving measures that, if successful,

will alleviate the trend toward greater deficits and, at the

same time, increase operating effectiveness.

An Executive Com

mittee is being formed that includes the Chief Executive Officers

of many of the leading companies in America.

They and other

business executives will be devoting a great deal of their time

free of charge over the next 4-6 months.

It is the aim of this project to recommend improvements

in the efficiency of the Executive Branch of the Federal government.

It is planned to have about 32 individual task forces, each headed

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In many instances, these opportunities have already been identified by the officials themselves and the survey will give the

additional thrust needed to put them into effect.

In addition to the business volunteers, there will be

a need for a coordinating office in Washington and for professional

and clerical assistance.

The President has requested that the

survey be conducted with virtually no expense to the Federal

government and so there has been created a charitable foundation

which will receive tax deductible contributions.

The foundation

will then defray the expenses of the survey.

I have agreed to

serve as an advisor to this charitable foundation and therefore

I am soliciting your company's financial support in the amount of $

for this endeavor. All of us have been complaining

about the share of the GNP going to the public sector.

Here is

a chance to do more than complain, so I hope we can count on your

support.

Please make your check payable to "Foundation for the

President's Private Sector Survey on Cost Control, Inc." and send

it to the attention of Mr. Kenneth Millian, Treasurer of the

Foundation, International Square Building, Suite 1150, 1850 K St.

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As you undoubtedly have read, the President has requested

Peter Grace to become Chairman of the Executive Committee of the

Private Sector Survey and Peter is going all out to make this

effort a success.

Your support of the Foundation and this effort

by businessmen will go a long way towards making the survey a

success and will be appreciated by the President, by Peter Grace,

and by me.

Sincerely,

Reginald H. Jones

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