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COMMITTEE ON COMMERCE

WARREN G. MAGNUSON, Washington, Chairman JOHN O. PASTORE, Rhode Island

NORRIS COTTON, New Hampshire A. S. MIKE MONRONEY, Oklahoma

THRUSTON B. MORTON, Kentucky STROM THURMOND, South Carolina

HUGH SCOTT, Pennsylvania FRANK J. LAUSCHE, Ohio

WINSTON L. PROUTY, Vermont RALPH YARBOROUGH, Texas

J. GLENN BEALL, Maryland
CLAIR ENGLE, California
E. L. BARTLETT, Alaska
VANCE HARTKE, Indiana
GALE W. McGEE, Wyoming
PHILIP A. HART, Michigan
HOWARD W. CANNON, Nevada

EDWARD JARRETT, Chief Clerk
RALPH HORTON, Assistant Chief Clerk

GERALD GRINSTEIN, Chief Counsel
JEREMIAH J. KENNEY, Jr., Assistant Chief Counsel

STANLEY H. BARER, Staff Counsel
MICHAEL PERTSCHUK, Staff Counsel

II

CONTENTS

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ALPHABETICAL LIST OF WITNESSES

Statement of —

Ackley, Hon. Gardner, Council of Economic Advisers, Executive

Office of the President..

Alexander, Archibald S., Assistant Director, Economics Bureau,

Arms Control and Disarmament Agency -

McGovern, Hon. George, S., U.S. Senate..

Morris, Hon. Thomas D., Assistant Secretary of Defense, Installa-

tions and Logistics, Department of Defense

Morse, Hon. F. Bradford, U.S. House of Representatives -

Vance, Hon. Cyrus R., Deputy Secretary of Defense, Department of

Defense.

Statements submitted:

Brewster, Hon. Daniel B., U.S. Senate..

Fornaro, Dominic N., president, Baltimore Council of AFL-CIO

Unions, 305 West Monument Street, Baltimore 1, Md..

Hirsch, Werner Z., professor of economics and director institute of

Government and public affairs, University of California, Los

Angeles, Calif.

Humphrey, Hon. Hubert H., U.S. Senate.

Long, Hon. Edward V., U.S. Senate..

Nelson, Hon. Gaylord, 'U.S. Senate.

Scheffeí, William B., secretary-treasurer, Maryland State and District

of Columbia AFL-CIO, 305 West Monument Street, Baltimore,

Md..

Letters, telegrams, etc. submitted:

Parks, Henry G., Jr., city councilman, Fourth District, 1737 Druid

Hill Avenue, Baltimore, Md..

Patton, James G., president, National Farmers Union, 1404 New York

Avenue NW., Washington, D.C.

Stewart, Charles W., president, Machinery & Allied Products Insti-

tute, 1200 18th Street NW., Washington 36, D.C.--

Taylor, Molt, Aerocar, Box 546, Longview, Wash

Theis, A. E., vice president, Servo Corp. of America, 111 New South

Road, Hicksville, N.Y.

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