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August 26, 194^ H onorable Robert A1 T a f t S t a t i o n M - R .R. S o . 1 C in c i n n a t i , Ohio Dear Senator Tafts I hear it said that you intend to -Jake your dhairmanship of tne Joint Committee on the Economic Report of the President head the list of your Con rresslonal activities in the forthcoming session of the Congress* I am much gratified to •hear this, for I believe that the Employment Act of 194,6 has great potentialities of usefulness within our frame of democratic govern sent# For two years and a half, you as chairman of the Joint ComrdLttee and I as chairman of the Council of Economic Advisers, have bad an opportunity to explore the problem of how this act Is most effectively to be implemented on it* legislative aide and on its executive side respectively. I &r by no means satisfied with what the Council has accomplished, ith the way in which it has performed, or the way in which it has been used. You, on your part, intimated pretty clearly when we met with the Joint Committee in May that your experience had revealed formidable difficulties in the path of the Joint Committee before it can really accomplish its high mission as leader in the shaping of souni and well integrated economic oolicies for the Congress# In case there should be a change in Administration in January, some situations not specifically covered in the Act will arise. 1 have been giving them considerable thought, and I daresay that you have also. Even if there should be no change in Administration, there are important questions about the future functioning of the Joint Committed and the Council on which two years and a half of experience should shed some light. I am therefore wonder ing whether some time during the coming weeks an opportunity could be found when I could sit down with you and exchange views on these 'setters or others which you may have raised in your own mind but thathave not occurred to me* Such a discussion might be most fruitful at a time of relative leisure when you are not involved in the heavy pressures of e Congressional session# To bri.ng thi® general suggestion down to specifics, I shall be returning to Washington from Chicago about the 20th of September and would be very glad to fctop off in Cincinnati for a day if that would make it possible to sit 'own and talk, these matters over with you# If that date ie not convenient and you would like to see me at some other time, I would gladly come to Cincinnati for the ourpose# Or perhaps at a somewhat later time in the fall, you will be planning to be in Ve steinjpton and that might be a more convenient arrangement for yon* I shall try to shape ay plans to any date that you suggest. Sincerely your s, Chairman