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COMMITTEE ON BANKING AND CURRENCY

A. WILLIS ROBERTSON, Virginia, Chairman
JOHN SPARKMAN, Alabama

HOMER E. CAPEHART, Indiana
PAUL H. DOUGLAS, Ilinois

WALLACE F. BENNETT, Utah JOSEPH S. CLARK, Pennsylvania

PRESCOTT BUSH, Connecticut WILLIAM PROXMIRE, Wisconsin

J. GLENN BEALL, Maryland
HARRISON A. WILLIAMS, JR., New Jersey JACOB K. JAVITS, New York
EDMUND S. MUSKIE, Maine

JOHN G. TOWER, Texas
EDWARD V. LONG, Missouri
MAURINE B. NEUBERGER, Oregon

MATTHEW HALE, Chief of Staff

II

CONTENTS

------

20

104

122

120

Page

S. 3203-------

Statement of—

Bertsch, Anthony A., Deputy Administrator, Business and Defense

Services Administration, accompanied by Arthur Sufrin, Director,

Office of Industrial Mobilization, U.S. Department of Commerce

Brooks, Louis, Deputy Director, Credit and Financial Division,

Office of Financial Management, General Services Administra-

tion------

Casto, George K., Director, Project Administration Division, Defense

Materials Service, General Services Administration.--. ----- 26, 71

Chambers, Justice M., Deputy Director, Office of Emergency

Planning ----

Coyle, James J., Executive Assistant, and William Lamont, attorney,

Antitrust Division, Department of Justice...

Davis, James N., Deputy Assistant Secretary of Defense (Production

Management), Office of the Assistant Secretary of Defense (Instal-

lations and Logistics); and Carl Rolle...

107

Kendall, Charles, General Counsel, Office of Emergency Planning --- 26, 71

McDermott, Edward A., Director, Office of Emergency Planning---
Letters, statements, etc., submitted for the record by-

American Bankers Association, J. Olney Brott, general counsel: Let-

ter on S. 3203-
Bertsch, Anthony A., Administrator, Business and Defense Services

Administration, Department of Commerce ---
Capehart, Homer E., a U.S. Senator from the State of Indiana: open-

ing statement.------
Chamber of Commerce of the United States, Theron J. Rice, legis-

lative action general manager: Letter on S. 3203-------

Civil Service Commission:

Report on S. 3203--

Mobilization activities, first quarter, 1962..

-------

134

Letter on Civil Service reports on WOC and WAE employees.-- 136

Davis, James N., Deputy Assistant Secretary of Defense (Production

Management), Office of the Assistant Secretary of Defense (Installa-

tions and Logistics): Statement...

115

Defense Department:

Report on S. 3203.-----

Estimates for postattack period.----

111

Stockpile supplies for conventional forces. -

Mobilization activities, fourth quarter, 1961.

Federal Reserve: Report on S. 3203-..

General Services Administration:

Report on S. 3203. ------

Receipts and disbursements, 1961, under borrowing authority.--

List of names and amounts of accounts receivable written off...

Cumulative summary of sales and disposals, national stockpile

program and Defense Production Act, March 31, 1962 ----

Net unrecovered loss on mobilization program as of June 1961.

Purchases at premium prices..

92

Summary of contract reductions accomplished.---

94

Mobilization activities, first quarter, 1962.------

Interior Department: Report on S. 3203 ------

Justice Department: Report of the Attorney General, review of

voluntary agreements and programs, May 9, 1962---

138

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