Commission on Money and Credit

The Commission on Money and Credit was intended to consist of nine to eighteen members drawn from “business, labor, agriculture, and education, and from fields of research and administration”.

I congratulate the Commission on the effort it has spent in devising ways and means to improve our private and public system of money and credit, and thus to strengthen the Nation's economic health.

The Commission on Money and Credit has presented a program of monetary and fiscal reforms that could make an important contribution to the health and strength of our economy.

As a consensus of people in many walks of life, this report should bring others to study and discuss the problems of national coordination of the governmental and private institutions, which together guide our complex money and credit system.

I hope that people everywhere in the Nation, as well as those who represent them in Congress, will read this report for the information, analysis, and recommendations it contains, whether or not they agree with its numerous and provocative proposals.