Monetary Policy and the Management of the Public Debt: Their Role in Achieving Price Stability and High Level Employment: Replies to Questions and Other Material for the Use of the Subcommittee on General Credit Control and Debt Management

The Subcommittee on General Credit Control and Debt Management of the Joint Committee on the Economic Report was created in the spring of 1951, for the purpose of conducting a general inquiry into monetary policy and debt management. The subcommittee prepared questionnaires, addressed to the primary officers of the Federal Government concerned with monetary policy and debt management, as well as to numerous persons in the private economy.

Part 1 contains replies by the Secretary of the Treasury, the Chairman of the Board of Governors of the Federal Reserve System, and the Chairman of the Federal Open Market Committee (in collaboration with the Vice Chairman). Part 2 contains replies by Federal Reserve Bank Presidents, the Council of Economic Advisers, the Comptroller of the Currency, the Chairman of the Federal Deposit Insurance Corporation, the Administrator of the Reconstruction Finance Corporation, state bank supervisors, economists, bankers, life insurance company executives, and United States government security dealers, along with a statement by a Conference of University Economists sponsored by the National Planning Association. An index to both volumes is found at the end of Part 2.