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Richard Nixon Presidential Library White House Special Files Collection Folder List Box Number Folder Number Document Date Document Type Document Description 43 7 n.d. Report Description of Governmental Units by Functional Area. Fiscal section Part II. 27 pages Monday, May 14, 2007 Page 1 of 1 EXPORT-IMPORT BANK OF THE UNITED STATES 811 Vermont Avenue NW., Washington, D.C. 20571. Phone, REpublic 7-7890 PURPOSE.-The purpose of the Bank is to aid in financing and to facil- itate exports and imports and the ex- change of commodities between the United States or any of its Territories or insular possessions and any foreign country or the agencies or nationals thereof. The Export-Import Bank Act of 1945, as amended, expresses the pol- icy of the Congress that the Bank should supplement and encourage and not compete with private capital; that loans should generally be for specific purposes and offer reasonable assur- ance of repayment; and that in au- thorizing loans account should be taken of the possible adverse effects upon the United States economy. LEVEL III President ORGANIZATION.-T Export-Im- port Bank Act, as amended, provides for e-man Board of Directors con- sisting of the President of the Export- Import Bank who serves as Chairman, the First Vice President who serves as Vice Chairman, and three additional Directors appointed by the President of the United States by and with the advice and consent of the Senate. Of the five members of the Board not more than three may be members of any one political party. The Bank is authorized to have out- standing at any one time dollar loans, guarantees, and insurance in an ag- gregate amount not in excess of $13.5 billion. The Bank is also. authorized to have a capital stock of $1 billion and to borrow from the United States Treasury on its own obligations up to not more than $6 billion outstanding at any one time. LEVEL IV First Vice President LEVEL IV Members, Board of Directors of the Export-Import Bank of Washington FARM CREDIT ADMINISTRATION South Agriculture Building, Washington, D.C., 20578. Phone, DUdley 8-2432 The Farm Credit Administration was es- tablished as an independent agency in operative bank-is headed by a Direc- 1933 by Executive Order 6084. Under Reorganization Plan I, dated tor appointed by the Governor. Each April 25, 1939, the Farm Credit Ad- of these Directors is also designated as ministration became a part of the a Deputy Governor. Department of Agriculture. How- All the expenses of the Farm Credit Administration, including examination ever, the Farm Credit Act of 1953 expense, are paid from assessments again made the Farm Credit Admin- against the banks and associations it istration an independent agency of the supervises. executive branch of the Government. DISTRICT ORGANIZATION.-The PURPOSE.-The Farm Credit Ad- United States is divided into 12 farm ministration supervises and coordinates credit districts. In one city in each dis- a cooperative credit system for agri- trict are a Federal land bank, a Federal culture. This system provides long- and intermediate credit bank, and a bank short-term credit to farmers and their for cooperatives. Each district also cooperative marketing, purchasing, has a part-time policy-making farm and business service organizations. credit board of seven members which MANAGEMENT.-A 13-member Fed- members are ex-officio directors of eral Farm Credit Board, created by the each of the three banks in that district. Farm Credit Act of 1953, is a part- Each bank has its own officers. time policy-making body for the Farm The Federal land bank associations, Credit Administration. Twelve mem- production credit associations, and the bers of the Board, one from each farm cooperatives borrowing from the banks credit district, are appointed by the President of the United States after for cooperatives are entitled in each district to elect two members. The giving consideration to nominations made by Federal land bank associa- other member of a district board is ap- tions, production credit associations, pointed by the Governor of the Farm Credit Administration with the advice and cooperatives borrowing from the and consent of the Federal Farm Credit banks for cooperatives. The thirtcenth Board. member is appointed by the Secretary Activities of the three banks in a of Agriculture as his representative. The Board selects the Governor of the district are coordinated through the Farm Credit Administration who is the district farm credit board and a presi- chief executive officer under the Board. dent's committee. The Examination Division of the The President of the United States Farm Credit Administration examines approves the appointment of the Gov- these banks and the local associations. ernor as long as there is any Govern- ment capital in banks and associations supervised by the Farm Credit Administration. Each of the three credit services- land bank, short-term credit, and co- LEVEL IV GOVERNOR OF THE FARM CREDIT ADM. 12 MEMBERS OF FARM CREDIT BOARD (PART- TIME) FEDERAL DEPOSIT INSURANCE CORPORATION 1 550 Seventeenth Street NW., Washington, D.C., 20429. Phone, 393-8400 FEDERAL DEPOSIT INSURANCE CORPORATION BOARD OF DIRECTORS COMMITTEES BOARD OF REVIEW CHAIRMAN AUDITOR COMPTROLLER OF THE CURRENCY LIQUIDATIONS, LOANS AND DIRECTOR PURCHASES OF ASSETS SPECIAL SECRETARY OF THE CORPORATION EXECUTIVE ASSISTANT TO THE BOARD ASSISTANTS TO THE BOARD SENIOR ADVISOR TO THE BOARD DIVISION OF LEGAL DIVISION OF DIVISION OF RESEARCH OFFICE OF THE EXAMINATION DIVISION LIQUIDATION AND DATA PROCESSING CONTROLLER PURPOSE.-The chief purpose of the Corporation. The Corporation is also Corporation is to insure the deposits of authorized to make such loans or pur- all banks which are eligible to become chase of assets in order to prevent the insured under the law. The major closing of an insured bank or to re- functions of the Corporation. are to open a closed insured bank when the prevent loss to depositors of insured Corporation considers the continued banks, up to the insured limit, and to operation of such bank is essential to prevent the development or continu- provide adequate banking service in ance of unsafe and unsound banking the community. practices or violations of law. In pro- tecting depositors the Corporation may pay off depositors of closed banks up to the insured limit, or make loans to or purchase assets from insured banks when such loans or purchases will facilitate a merger or consolidation and will reduce the probable loss to the LEVEL III CHAIRMAN OF THE BOARD OF DIRECTORS OF FDIC ORGANIZATION.-Management of the Corporation is vested in a board of directors of three members. The Presi- del ppoints two members, one of whom is elected chairman, for terms of 6 years, by and with the advice and consent of the Senate. The Comptroller of the Currency serves ex officio as the third member. The law requires that not more than two members of the board shall belong to the same political party. The Corporation is authorized to borrow from the U.S. Treasury, and the Secretary of the Treasury is au- thorized and directed to loan to the Corporation on such terms as may be fixed by the Corporation and the Sec- retary, not to exceed $3,000,000,000 outstanding at any one time, when in the judgment of the Board of Directors of the Corporation such funds are re- quired for insurance purposes. No borrowings have been made under this authorization. LEVEL IV MEMBERS OF THE BOARD OF DIRECTORS OF FDIC FEDERAL HOME LOAN BANK BOARD 101 Indiana Avenue NW., Washington, D.C., 20552. Phone, STerling 3-7210 Federal Home Loan Bank System RETIREMENT OF CAPITAL STOCK.- The capital stock of the Corporation, CREATION.-The Federal Home originally issued in the amount of Loan Bank System was created by $100,000,000 and formerly held by the authority of the Federal Home Loan United States Treasury, has now been Bank Act, approved July 22, 1932 (see completely retired. As provided by citations under Federal Home Loan law, effective June 27, 1950, the Cor- Bank Board), to provide credit re- poration retired at the end of each serve for savings and home-financing fiscal year an amount of its capital institutions. ORGANIZATION.-In operation during stock equal to 50 percent of its net 1967 were 12 regional Federal Home income for the year. Loan Banks of this System, located in Boston, New York, Pittsburgh, Greens- Federal Savings and Loan Advisory Council boro (N.C.), Cincinnati, Indianapolis, Chicago, Des Moines, Little Rock, To- The Federal Savings and Loan Ad- peka, San Francisco, and Spokane. visory Council is an independent stat- The management of 6 of the 12 banks utory advisory body empowered to (Boston, Pittsburgh, Greensboro, To- consult with the Federal Home Loan peka, San Francisco, and Spokane) is Bank Board in its administration of vested in a board of 12 directors, 4 ap- the Federal Home Loan Bank System, pointed by the Federal Home Loan the Federal Savings and Loan Insur- Bank Board to represent the public in- ance Corporation, and the Federal terest and 8 elected by the member Savings and Loan System. Establish- institutions. Three banks (Indianapo- ment of the Council emphasized the lis, Des Moines, and Little Rock) have public interest which is inherent in restore it to normal operation, the Cor- operations of the Board and of the poration may make loans to, purchase supervised savings and home financ- assets of, or make a financial contribu- ing institutions which serve many mil- tion to such an institution. In the lions of savers, investors, and home- event of a default by any insured in- owners throughout the Nation. Meet- stitution, payment of each insured ac- ing in Washington at least twice a count in such insured institution, year, the Council may initiate recom- which is surrendered and transferred mendations to the Board and request to the Corporation, shall be made by information from the Board with re- the Corporation as soon as possible, spect to matters within the jurisdiction either (1) by cash or (2) by making of the Board. available to each insured member a The Council consists of 18 mem- transferred account in a new insured bers-one elected from each of the 12 institution in the same community or Federal Home Loan Bank Districts, in another insured institution in an and six appointed annually by the amount equal to the insured account Federal Home Loan Bank Board. The of such insured member. elected members are generally chosen FUNDS.-Income of the Corpora- from the ranks of active savings and tion consists principally of premiums loan managers. The appointed mein- paid by insured institutions and in- bers are chosen on the basis of leader- terest earned on investments. All ship in business or the professions. income above expenses is transferred to reserves. Reserves and unallocated income, as of December 31, 1967, totaled $2,049,000,000. The Corpora- tion is authorized to obtain additional funds for insurance purposes from the United States Treasury not exceeding $750,000,000 outstanding at any one time. In addition, insured associations may be required to deposit up to 1 per- cent of their savings capital with the Corporation. These borrowing and de- posit authorities have never been exercised. LEVEL III CHAIRMAN OF THE FEDERAL HOME LOAN BANK BOARD ORGANIZATION The Board consists of three members, appointed by the President by and with the advice and consent of the Senate. Not more than two members may be members of the same political party. Members are appointed for a term of 4 years each. LEVEL IV MEMBERS OF THE FEDERAL HOME LOAN BANK BOARD FEDERAL MEDIATION AND CONCILIATION SERVICE Department of Labor Building, Washington, D.C., 20427. Phone, EXecutive 3-7350 The Service possesses no law en- which would have only a minor effect forcement authority. Its mediators, on interstate commerce if State or who are located in seven regional of- other conciliation services are avail- fices and other major industrial cities able to the parties. The Service is di- throughout the Nation, rely wholly on rected to make its mediation and con- persuasive techniques of mediation ciliation facilities available only as a and conciliation to perform their last resort and in exceptional cases in duties. the settlement of grievance disputes PURPOSE.-It is the duty of the arising over the application or inter- Service, in order to prevent or mini- pretation of existing collective bargain- mize interruptions of the free flow of ing agreements. commerce growing out of labor-man- If the mediator is not able to bring agement disputes, to assist the dis- the parties to agreement by mediation, putant parties in industries affecting he seeks to induce the parties volun- interstate commerce to settle such dis- tarily to seek other means of settling the putes through conciliation and media- dispute without resort to strike, lock- tion. out, or other coercion. ACTIVITIES.-The mediator's efforts The Service, on the joint request of are directed toward the establishment employers and unions, will also assist of sound and stable labor-management in the selection of arbitrators. relations on a continuing basis. Medi- The work of the Service-to con- ators of the Service assist representa- tinually improve labor-management tives of labor and management in relations and to ameliorate the effects settling disputes about wages, hours, of disputes when they occur-is de- and other aspects of the employment signed to strengthen the national labor- relationship that arise in the course of management relations policy favoring negotiations. But in this work the collective bargaining and responsible mediator has a more basic function: labor-management relations resulting that of encouraging and promoting bet- from it. ter day-to-day relations between labor The National Labor-Management and management. He thereby helps Panel-composed of 12 members ap- to reduce the incidence of work stop- pointed by the President, 6 represent- pages resulting from disputes about the ing management and 6 representing terms of collective bargaining agree- labor-advises the Director on the ments and disputes arising from griev- avoidance of industrial controversies, ances under existing contracts. Issues particularly those affecting the general arising in subsequent negotiations of welfare. the parties may then be faced as prob- lems to be settled through mutual ef- fort rather than issues in dispute. The Service offers its facilities in labor-management disputes in any in- dustry affecting interstate commerce, either upon its own motion or at the request of one or more of the parties to the dispute, whenever in its judg- ment such dispute threatens to cause a substantial interruption of commerce. Under section 8 (d) of the act, em- ployers and unions are required to file with the Service a notice of every dis- pute affecting commerce not settled within 30 days after prior service of a notice to terminate or modify an exist- ing contract. The Service is required to avoid the mediation of disputes LEVEL III DIRECTOR OF FEDERAL MEDIATION AND CONCILIA- TION SERVICE LEVEL V ASSOCIATE DIRECTOR (not listed in manual) FEDERAL TRADE COMMISSION 1 Pennsylvania Avenue at Sixth Street NW., Washington, D.C., 20580 Phone, EXecutive 3-6800 FEDERAL TRADE COMMISSION COMMISSIONER COMMISSIONER CHAIRMAN COMMISSIONER COMMISSIONER Assistant to Chairman EXECUTIVE DIRECTOR OFFICE OF OFFICE OF GENERAL COUNSEL HEARING EXAMINERS OFFICE OF PROGRAM REVIEW OFFICE OF SECRETARY ASST. GENERAL COUNSELS: DIVISION: Appeals Legal and Public Records Consent Orders Export Trade OFFICE OF INFORMATION I DEP. EXECUTIVE DIRECTOR Legislation Voluntary Compliance Fed.-State Cooperation OFFICE OF ADMINISTRATION OFFICE OF COMPTROLLER Management Staff DIVISION: DIVISIONS: Finance Administrative Services Data Processing Personnel OPERATING BUREAUS DECEPTIVE PRACTICES ECONOMICS FIELD OPERATIONS INDUSTRY GUIDANCE RESTRAINT OF TRADE TEXTILES AND FURS DIVISIONS: DIVISIONS: FIELD OFFICES: DIVISIONS: DIVISIONS: DIVISIONS: Compliance Economic Evidence Atlanta Accounting Enforcement Food and Drug Advertising Financial Statistics Boston Advisory Opinions Regulation General Practices Compliance Industry Analysis Chicago Industry Guides Scientific Opinions Cleveland Trade Regulation Rules Discriminatory Practices Special Projects General Trade Restraints Kansas City Mergers Los Angeles New Orleans ADMINISTRATION ONLY. New York City San Francisco Field Stations ADMINISTRATIVE SERVICES AND Seattle FORMAL INVESTIGATIVE MATTERS. Washington Area PURPOSE.-The basic objective of mission Act, cited above, and the the Commission is the maintenance of Clayton Act (38 Stat. 730; 15 U. S. C. free competitive enterprise as the key- 12), both passed in 1914 and both suc- stone of the American economic sys- cessively amended in the years that tem. Although the duties of the have followed. The Federal Trade Commission are many and varied un- Commission Act lays down a general der the statutes, the foundation of pub- prohibition against the use in com- lic policy underlying all these duties merce of "unfair methods of competi- is essentially the same: to prevent tion" and "unfair or deceptive acts or the free enterprise system from being practices." The Clayton Act outlaws stifled or fettered by monopoly or cor- specific practices recognized as instru- rupted by unfair or deceptive trade ments of monopoly. As an adminis- trative agency, acting quasi-judicially practices. and quasi-legislatively, the Commission In brief, the Commission is charged was established to deal with trade prac- with keeping competition both free tices on a continuing and corrective and fair. basis. It has no authority to punish; This basic purpose finds its primary its function is to "prevent," through expression in the Federal Trade Com- cease-and-desist orders and other means, those practices condemned by the law of Federal trade regulation. CHAIRMAN ORGANIZATION.-The Commission is composed of five members. Each mem- ber is appointed by the President, by and with the advice and consent of the late, for a term of 7 years. Not more than three of the Commissioners may be members of the same political party. One Commissioner is desig- nated by the President as Chairman of the Commission and is responsible for its administrative management. An Executive Director, appointed by the Chairman with the consent of the Commission, exercises general su- pervision over the staff of the agency. The Secretary of the Commission is the legal custodian of its seal, papers, and records; handles its mail; signs its orders, as well as other official docu- ments; keeps. its minutes and its cal- endar of pending matters; and ar- ranges for oral arguments. LEVEL V MEMBERS (5). ONE IS SELECTED BY PRESI- DENT AS CHAIRMAN INTERSTATE COMMERCE COMMISSION' Twelfth Street and Constitution Avenue NW., Washington, D.C., 20423. Phone, 737-9765 INTERSTATE COMMERCE COMMISSION COMMISSION VICE CHAIRMAN DIVISION DIVISION 2 DIVISION 3 CHAIRMAN - DIVISION CHAIRMAN DIVISION CHAIRMAN DIVISION CHAIRMAN or ICE OF OFFICE OF THE OFFICE OF THE OFFICE OF THE PROCEEDINGS MANAGING DIRECTOR GENERAL COUNSEL SECRETARY BUDGET AND PERSONNEL SECTION of SECTION or SECTION or SECTION of the REVIEW SECTION MEANINGS FIOM OPINIONS RESEARCH REFERENCE IPROC DINGH FISCAL OFFICE OFFICE LITIGATION committee AND ORINIONS SERVICES ways AND ... DEPUTY DIRECT 04 CHIEF DEPUTY DIRECTOR MEANING BERWINER SECTION OF SECTION or ADMINISTRATIVE SYSTEMS SERVICES DEVELOPMENT SECTION or OPERATIONS TEMPORARY AUTHORITY BOCKETS REVIEW AND AND BOARDS PHINCE BOARDE TRANSFER DOARD BUREAU OF BUREAU OF BUREAU or BUREAU OF BUREAU of ACCOUNTS ENFORCEMENT OPERATIONS TRAFFIC ECONOMICS PRECTORS DIRECTOR'S DIRECTOR'S DIRECTOR'S DIRECTOR'S OFFICE OFFICE or OFFICE OFFICE MC or SECTION or SEC of SECTION or SECTION or accounting - ENFORCEMENT BAILROADS RESEARCH SECTION - MOTOR WATER SECTION or SECTION or sector . EOST FROM AND FORWARDER Pates and MDTOR CARRIERS ENFORCEMENT - CAND - STATISTICS SECTION - SECTION or 1 BOARD or SERVICIATION INSURANCE IMPENSION SECTION R or MILE CARRIERS POURTH sector REPORTS - FREIGHT DOARS FORWORDERS TIGN OF INSURANCE RELEASED RATES PHONE - - COMMUNICATION SERVICE AND VC and SPECIAL ANALVIN LEASING RESSON BOARDS --- 1 DIRECTION - CONSUMPLATION RECOUNTING # SELVATION REGIONAL BOARD MANAGERS RECEIVED AUDITOPS - REGIONAL COUNSELS REGIONAL REGIONAL supplyment (se MOVE area MEDIA'S agen - IM FELD TM. - STATE HELP State PELO STATE PURPOSE-The Commission was sound economic conditions in trans- created for the general purpose of regu- portation and among the several car- lation, in the public interest, of com- riers; to encourage establishment and mon carriers subject to the act engaged maintenance of reasonable charges in transportation in interstate com- for transportation services, without un- merce, and in foreign commerce to the just discriminations, undue preferences extent that it takes place within the or advantages, or unfair or destructive United States. As recently amended, competitive practices; to cooperate all provisions of the act are to be ad- with the several States and their duly ministered by the Commission in the authorized officials; and to encourage light of a transportation policy added fair wages and equitable working con- by the 1940 act, that all modes of trans- ditions-all to the end of developing, portation subject to its provisions are coordinating, and preserving a national to be regulated so as to recognize and transportation system by water, high- preserve the inherent advantages of way, and rail, as well as by other means, adequate to meet the needs of the each; to promote safe, adequate, eco- commerce of the United States, of the nomical, and efficient service and foster postal service, and of the national defense. LEVEL III CHAIRMAN ORGANIZATION.-The Commission consists of 11 members appointed by the President and confirmed by the Senate. From its membership the Commission annually elects a chair- ma nd a vice chairman. The act authorizes the Commission to create and delegate certain of its duties and functions to appellate divisions or to divisions, each to consist of not less than three members. The Commission also may delegate certain duties and functions to individual commissioners or to boards consisting of not less than three eligible employees. Under certain circumstances, decisions of divisions, individual commissioners, and boards of employees are subject to reconsidera- tion by an appellate division or by the entire Commission. Pursuant to this authority, the Commission has created- and assigned duties to three regular divisions whose duties are primarily. as follows: Division 1, operating rights; Division 2, rates, tariffs, and valuation; and Division 3, finance and service. These same three divisions function as appellate divisions for action on petitions for reconsideration or re- hearing of decisions of divisions or boards of employees. The staff of the Commission is organized into 5 bu- reaus and 4 offices. VEL IV MEMBERS MEMBERS (CONT. ) NATIONAL LABOR RELATIONS BOARD 1717 Pennsylvania Avenue NW., Washington, D.C., 20570. Phone, EXecutive 3-3111 PURPOSE.-The act affirms the right of employees to self-organization and to bargain collectively through repre- sentatives of their own choosing or to refrain from any or all such activities. To effectuate this policy, the act pro- hibits certain unfair labor practices and authorizes the Board to designate appropriate units for collective bar- gaining and to conduct secret ballots to determine the exclusive representa- tive of employees. LEVEL 11 CHAIRMAN ORGANIZATION.-The President ap- points, with the consent of the Senate, the five members of the Board for terms of 5 years each and the General Counsel for a term of 4 years. The first National Labor Relations Board was created under authority of public resolution of June 19, 1934 (48 Stat. 1183; 15 U. S. C. 702a-02f), which was superseded by the Board created by act of 1935 and enlarged by the act of 1947. LEVEL IV GENERAL COUNSEL The General Counsel has final au ity, on behalf of the Board, in respect to the investigation and issu- ance of complaints and in respect to the prosecution of such complaints be- fore the Board. Whenever the General Counsel has investigated any charge filed against a labor organization al- leging a violation of sections 8 (b) (4) (a), or (b), or (c) [see page 500, col. 2, par. 4 (a), (b), (c)] and has rea- sonable grounds to believe the charges are true, he is required to petition the United States district court for appro- priate temporary relief. LEVEL IV MEMBERS OF NAT. LABOR RELATIONS BD. NATIONAL MEDIATION BOARD 1230 Sixteenth Street NW., Washington, D.C., 20572. Phone, 343-1100 PURPOSE.-The general purposes of right of employees to join a labor the Railway Labor Act, establishing organization. the National Mediation Board, are as 3. To provide for the complete follows: independence of carriers and of 1. To avoid any interruption to employees in the matter of self- commerce or to the operation of any organization. carrier engaged therein. 4. To provide for the prompt and 2. To forbid any limitation upon orderly settlement of all disputes con- freedom of association among em- cerning rates of pay, rules, or working ployees or any denial, as a condition conditions. of employment or otherwise, of the 5. To provide for the prompt and orderly settlement of all disputes grow- ing out of grievances or out of the interpretation or application of agree- ments covering rates of pay, rules, or working conditions. LEVEL III CHAIRMAN ORGANIZATION.-The National Me- diation Board consists of three mem- bers appointed by the President by and with the advice and consent of the Senate. Not more than two members may he of the same political party. Th ard is assisted by an executive secretary, an office staff, and a staff of mediators. The Board annually desig- nates a member to act as Chairman. LEVEL IV - MEMBERS OF MEDIATION BOARD ACTIVITIES.-The principal duty of the National Mediation Board is to mediate differences between the rail- roads, the express and Pullman com- panics, and the airlines on the one hand and their employees on the other, growing out of their attempts to make and maintain agreements establishing the rates of pay, rules, and working conditions of the employees as directed by the Railway Labor Act. In addition to mediating disputes between carriers and their employees, the Board is also charged with the re- sponsibility of determining represen- tation disputes among the employees. When a dispute arises among a rail or airline carrier's employees as to who are = representatives of such em- plo, for the purposes of the Railway Labor Act, the Board is authorized to investigate such dispute and to deter- mine by an election or other appro- priate method who is the duly desig- nated and authorized representative of the employees and to certify such representative to the partics and to the carrier. SECURITIES AND EXCHANGE COMMISSION 1 500 N. Capitol Street NW., Washington, D.C., 20549. Phone, WOrth 3-5526 SECURITIES AND EXCHANGE COMMISSION THE COMMISSION THE THE SECRETARY HEARING EXAMINERS THE OFFICE OF OPINIONS AND REVIEW THE THE OFFICE OF THE DIVISION OF THE DIVISION OF THE DIVISION OF THE GENERAL COUNSEL POLICY TRADING AND CORPORATION CORPORATE CHIEF ACCOUNTANT RESEARCH MARKETS FINANCE REGULATION THE OFFICE OF THE OFFICE OF THE OFFICE OF THE OFFICE OF DATA PROCESSING COMPTROLLER PERSONNEL RECORDS AND SERVICE THE REGIONAL OFFICES NEW YORK REGIONAL BOSTON REGIONAL ATLANTA REGIONAL CHIC REGIONAL FORT WORTH DENVER REGIONAL SAN FRANCISCO SEATTLE REGIONAL WASHINGTON D.C. OFFICE OFFICE OFFICE OFFICE REGIONAL OFFICE OFFICE REGIONAL OFFICE OFFICE REGIONAL OFFICE Cleveland,Ohic Branch Miami, Fle. Bronch Detroit, Mich. Branch Houston, Texas Branch Solt Loke City, Utah Los Angeles. Celif. Branch Branch 5t. Louis, Mo. Bronch The Commission is vested, inter alia, ties, it is unlawful to sell the securities with quasi-judicial functions. Persons in interstate commerce or through the aggrieved by its decisions in the exer- mails. (There are certain /limited ex- cise of those functions have a right of emptions, such as Government securi- review by United States courts of ties, nonpublic offerings, and intrastate appeals. offerings, as well as offerings not ex- PURPOSE.-The general objective of ceeding $300,000 in amount which the statutes administered by the Com- comply with the Commission's Regu- mission is to protect the interests of the lation A.) The effectiveness of a regis- public and investors against malprac- tration statement may be refused or tices in the securities and financial mar- suspended after a hearing if the state- kets. ment contains material misstatements SECURITIES ACT OF 1933.-Issuers of or omissions, thus barring sale of the securities making public offerings of se- securities until it is appropriately curities in interstate commerce or amended. Registration is not a finding through the mails, directly or by others by the Commission as to the accuracy on their behalf, are required to file with of the facts disclosed; and it is unlaw- the Commission registration statements ful so to represent. Moreover, registra- containing financial and other perti- tion of securities does not imply ap- nent data about the issuer and the se- proval of the issue by the Commission curities being offered. A similar re- or insure investors against loss in their quirement applies to such offerings on purchase, but serves rather to provide behalf of a controlling person of the information upon which investors may make an informed and realistic evalua- issuer. Unless a registration statement tion of the worth of the securities. is in effect with respect to such securi- LEVEL III CHAIRMAN ORGANIZATION.-The Commission is composed of five members, not more than three of whom may be members of the same political party. The mem- bers are appointed by the President, with the advice and consent of the Senate, for 5-year terms, one term ending each year. The Chairman is designated by the President of the United States pursuant to the provi- sions of section 3 of Reorganization Plan 10 of 1950. LEVEL IV MEMBERS SMALL BUSINESS ADMINISTRATION 1441 L Street NW., Washington, D.C., 20416. Phone, EXecutive 3-3111 PURPOSE.-The purposes of the industrial facilities; to license and reg- Administration are to aid, counsel, ulate small business investment com- assist, and protect the interests of panies; to certify small business con- small business concerns; to insure that cerns for priority of payment out of the a fair proportion of the total Govern- War Claims Fund; to improve the ment purchases and contracts for sup- management skills of the owners of plies, services, research, and develop- small business concerns with direct ac- ment be placed with small business tion programs and through established enterprises; to make loans to small channels of business relations; and to business concerns, victims of floods or provide for the development of man- other catastrophes, small business in- agement skills of qualified persons seek- vestment companies, and State and ing to establish a small business. con- local development companies; to guar- cern. antce the payment of rent under leases to small business concerns to enable them to obtain prime commercial or LEVEL III ADMINISTRATOR ORGANIZATION.-The management of the Administration is vested in an Administrator, who is appointed by the President, by and with the advice and consent of the Senate, a Deputy Ad- min tor, and three Associate Ad- ministrators, who are appointed by the Administrator to assist him in the execution of the functions of the Ad- ministration. FUNCTIONS AND ACTIVITIES.-In connection with the Small Business Administration's principal program ac- tivities listed below, the Administrator has the following powers: Financial Assistance.-(1) To pro- vide financial counseling and make direct or bank participation loans to small business concerns to finance plant construction, conversion, expansion, or to finance the acquisition of equip- ment, facilities, machinery, supplies, or materials, and to furnish such concerns with working capital if necessary; (2) to make loans to corporations formed and capitalized by a group of small business concerns with resources pro- vided by them for the purpose of ob- taining for the use of such concerns raw materials, equipment, inventories, sup- plics, or the benefits of research and de- velopment, or for establishing facilities for such purpose; (3) to make loans to aid victims of floods or other natural cat: phcs to repair, rebuild, or re- place dicir homes, businesses, or other property; (4) to make loans to assist small businesses which have sustained substantial economic injury resulting from a natural disaster LEVEL IV DEPUTY ADMINISTRA- TOR LEVEL V ASSOCIATE ADMINISTRA TOR FOR FINANCE ASSISTANCE LEVEL IV ASSOCIATE ADMINISTRA TOR FOR PROCUREMENT AND MANAGEMENT ASSISTANCE VEL V ASSOCIATE ADMINISTRA TOR FOR INVESTMENTS UNITED STATES TARIFF COMMISSION E Street between Seventh and Eighth Streets NW., Washington, D.C., 20436. Phone, NAtional 8-3947 PURPOSE.-It is the primary duty of the Commission to investigate and re- port upon tariff and foreign trade mat- ters as required by statute. It under- takes such investigations either on its own motion, or at the request of the President, either branch of the Con- gress, the House Committee on Ways and Means, or the Senate Committee on Finance. The Commission also con- ducts certain types of investigations at the request of interested parties. LEVEL IV CHAIRMAN ORGANIZATION.-The Commission consists of six members, appointed "y the President and confirmed by he Senate for terms of 6 years, one erm expiring each year. Not more han three commissioners may be of he same political party. The President S authorized to designate the Chair- nan and Vice Chairman annually rom membership of the Commis- ion. The Staff Coordinating Commit- ee, composed of senior officers of the Commission's staff and chaired by he Director of Investigation, plans and supervises the substantive work of he Commission under the active di- rection of the Commission. The oper- ting divisions of the staff consist of he Office of the General Counsel, the Director of Investigation, the Eco- nomics Division, and Technical Serv- ces. The Office of the Secretary acts is the secretariat for the Commission, and is responsible for the conduct of relations with the public and other Government agencies. LEVEL V MEMBERS OF THE U.S. TARIFF COMMISSION FEDERAL RESERVE SYSTEM BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM Twentieth Street and Constitution Avenue NW., Washington, D.C., 20551. Phone, REpublic 7-1100 CREATION AND AUTHORITY.-The branches situated in different sections Federal Reserve System was estab- of the United States; the Federal Ad- lished pursuant to authority contained visory Council; and the member banks, in the act of December 23, 1913, which include all national banks in the known as the Federal Reserve Act (38 50 States of the United States and Stat. 251; 12 U.S. C. 221). such State banks and trust companies PURPOSE.-As stated in the pre- as have voluntarily applied to the amble, the purposes of the act are "to Board of Governors for membership provide for the establishment of Fed- and have been admitted to the System. eral Reserve Banks, to furnish an elas- tic currency, to afford means of redis- counting commercial paper, to estab- lish a more effective supervision of banking in the United States, and for other purposes." ORGANIZATION.-The System com- prises the Board of Governors; the Federal Open Market Committee; the 12 Federal Reserve Banks and their 24 EL II CHAIRMAN OF THE BOARD OF GOVERNORS OF FRS Board of Governors Broad supervisory powers are vested in the Board of Governors, which has its offices in Washington. The Board is composed of seven members appointed by the President by and with the advice and consent of the Senate. In selecting these seven members the President is required to have due regard to a fair representation of financial, agricul- tural, industrial, and commercial in- terests, and the geographical divisions of the country. No two members may be from the same Federal Reserve dis- trict. The Chairman of the Board of Governors is by Executive order a member of the National Advisory Council on International Monetary and Financial Policies. The Board determines general mon- etary, credit, and operating policies for the System as a whole and formulates th les and regulations necessary to carry out the purposes of the Federal Reserve Act. The Board's principal duties consist of exerting an influence over credit conditions and supervising the Federal Reserve Banks and mem- ber banks. LEVEL III MEMBERS OF THE BOARD

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This file contains: Description of Governmental Units by Functional Area. Fiscal section Part II. 27 pages [Report], n.d.

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    "ocrText": "Richard Nixon Presidential Library\nWhite House Special Files Collection\nFolder List\nBox Number Folder Number Document Date Document Type\nDocument Description\n43\n7\nn.d.\nReport\nDescription of Governmental Units by\nFunctional Area. Fiscal section Part II. 27\npages\nMonday, May 14, 2007\nPage 1 of 1\nEXPORT-IMPORT BANK OF THE UNITED STATES\n811 Vermont Avenue NW., Washington, D.C. 20571. Phone, REpublic 7-7890\nPURPOSE.-The purpose of the\nBank is to aid in financing and to facil-\nitate exports and imports and the ex-\nchange of commodities between the\nUnited States or any of its Territories\nor insular possessions and any foreign\ncountry or the agencies or nationals\nthereof. The Export-Import Bank Act\nof 1945, as amended, expresses the pol-\nicy of the Congress that the Bank\nshould supplement and encourage and\nnot compete with private capital; that\nloans should generally be for specific\npurposes and offer reasonable assur-\nance of repayment; and that in au-\nthorizing loans account should be taken\nof the possible adverse effects upon the\nUnited States economy.\nLEVEL III\nPresident\nORGANIZATION.-T Export-Im-\nport Bank Act, as amended, provides\nfor\ne-man Board of Directors con-\nsisting of the President of the Export-\nImport Bank who serves as Chairman,\nthe First Vice President who serves as\nVice Chairman, and three additional\nDirectors appointed by the President\nof the United States by and with the\nadvice and consent of the Senate. Of\nthe five members of the Board not more\nthan three may be members of any one\npolitical party.\nThe Bank is authorized to have out-\nstanding at any one time dollar loans,\nguarantees, and insurance in an ag-\ngregate amount not in excess of $13.5\nbillion. The Bank is also. authorized\nto have a capital stock of $1 billion\nand to borrow from the United States\nTreasury on its own obligations up to\nnot more than $6 billion outstanding\nat any one time.\nLEVEL IV\nFirst Vice President\nLEVEL IV\nMembers, Board of\nDirectors of the\nExport-Import Bank\nof Washington\nFARM CREDIT ADMINISTRATION\nSouth Agriculture Building, Washington, D.C., 20578.\nPhone, DUdley 8-2432\nThe\nFarm Credit Administration was es-\ntablished as an independent agency in\noperative bank-is headed by a Direc-\n1933 by Executive Order 6084.\nUnder Reorganization Plan I, dated\ntor appointed by the Governor. Each\nApril 25, 1939, the Farm Credit Ad-\nof these Directors is also designated as\nministration became a part of the\na Deputy Governor.\nDepartment of Agriculture. How-\nAll the expenses of the Farm Credit\nAdministration, including examination\never, the Farm Credit Act of 1953\nexpense, are paid from assessments\nagain made the Farm Credit Admin-\nagainst the banks and associations it\nistration an independent agency of the\nsupervises.\nexecutive branch of the Government.\nDISTRICT ORGANIZATION.-The\nPURPOSE.-The Farm Credit Ad-\nUnited States is divided into 12 farm\nministration supervises and coordinates\ncredit districts. In one city in each dis-\na cooperative credit system for agri-\ntrict are a Federal land bank, a Federal\nculture. This system provides long- and\nintermediate credit bank, and a bank\nshort-term credit to farmers and their\nfor cooperatives. Each district also\ncooperative marketing, purchasing,\nhas a part-time policy-making farm\nand business service organizations.\ncredit board of seven members which\nMANAGEMENT.-A 13-member Fed-\nmembers are ex-officio directors of\neral Farm Credit Board, created by the\neach of the three banks in that district.\nFarm Credit Act of 1953, is a part-\nEach bank has its own officers.\ntime policy-making body for the Farm\nThe Federal land bank associations,\nCredit Administration. Twelve mem-\nproduction credit associations, and the\nbers of the Board, one from each farm\ncooperatives borrowing from the banks\ncredit district, are appointed by the\nPresident of the United States after\nfor cooperatives are entitled in each\ndistrict to elect two members. The\ngiving consideration to nominations\nmade by Federal land bank associa-\nother member of a district board is ap-\ntions, production credit associations,\npointed by the Governor of the Farm\nCredit Administration with the advice\nand cooperatives borrowing from the\nand consent of the Federal Farm Credit\nbanks for cooperatives. The thirtcenth\nBoard.\nmember is appointed by the Secretary\nActivities of the three banks in a\nof Agriculture as his representative.\nThe Board selects the Governor of the\ndistrict are coordinated through the\nFarm Credit Administration who is the\ndistrict farm credit board and a presi-\nchief executive officer under the Board.\ndent's committee.\nThe Examination Division of the\nThe President of the United States\nFarm Credit Administration examines\napproves the appointment of the Gov-\nthese banks and the local associations.\nernor as long as there is any Govern-\nment capital in banks and associations\nsupervised by the Farm Credit\nAdministration.\nEach of the three credit services-\nland bank, short-term credit, and co-\nLEVEL IV\nGOVERNOR OF THE FARM\nCREDIT ADM.\n12 MEMBERS OF FARM\nCREDIT BOARD (PART-\nTIME)\nFEDERAL DEPOSIT INSURANCE CORPORATION 1\n550 Seventeenth Street NW., Washington, D.C., 20429. Phone, 393-8400\nFEDERAL DEPOSIT INSURANCE CORPORATION\nBOARD OF DIRECTORS\nCOMMITTEES\nBOARD OF REVIEW\nCHAIRMAN\nAUDITOR\nCOMPTROLLER OF THE CURRENCY\nLIQUIDATIONS, LOANS AND\nDIRECTOR\nPURCHASES OF ASSETS\nSPECIAL\nSECRETARY OF THE CORPORATION\nEXECUTIVE ASSISTANT\nTO THE BOARD\nASSISTANTS TO THE BOARD\nSENIOR ADVISOR TO THE BOARD\nDIVISION OF\nLEGAL\nDIVISION OF\nDIVISION OF RESEARCH\nOFFICE OF THE\nEXAMINATION\nDIVISION\nLIQUIDATION\nAND DATA PROCESSING\nCONTROLLER\nPURPOSE.-The chief purpose of the\nCorporation. The Corporation is also\nCorporation is to insure the deposits of\nauthorized to make such loans or pur-\nall banks which are eligible to become\nchase of assets in order to prevent the\ninsured under the law. The major\nclosing of an insured bank or to re-\nfunctions of the Corporation. are to\nopen a closed insured bank when the\nprevent loss to depositors of insured\nCorporation considers the continued\nbanks, up to the insured limit, and to\noperation of such bank is essential to\nprevent the development or continu-\nprovide adequate banking service in\nance of unsafe and unsound banking\nthe community.\npractices or violations of law. In pro-\ntecting depositors the Corporation may\npay off depositors of closed banks up\nto the insured limit, or make loans to\nor purchase assets from insured banks\nwhen such loans or purchases will\nfacilitate a merger or consolidation and\nwill reduce the probable loss to the\nLEVEL III\nCHAIRMAN OF THE BOARD\nOF DIRECTORS OF FDIC\nORGANIZATION.-Management of the\nCorporation is vested in a board of\ndirectors of three members. The Presi-\ndel ppoints two members, one of\nwhom is elected chairman, for terms\nof 6 years, by and with the advice and\nconsent of the Senate. The Comptroller\nof the Currency serves ex officio as the\nthird member. The law requires that\nnot more than two members of the\nboard shall belong to the same political\nparty.\nThe Corporation is authorized to\nborrow from the U.S. Treasury, and\nthe Secretary of the Treasury is au-\nthorized and directed to loan to the\nCorporation on such terms as may be\nfixed by the Corporation and the Sec-\nretary, not to exceed $3,000,000,000\noutstanding at any one time, when in\nthe judgment of the Board of Directors\nof the Corporation such funds are re-\nquired for insurance purposes. No\nborrowings have been made under this\nauthorization.\nLEVEL IV\nMEMBERS OF THE BOARD\nOF DIRECTORS OF FDIC\nFEDERAL HOME LOAN BANK BOARD\n101 Indiana Avenue NW., Washington, D.C., 20552. Phone, STerling 3-7210\nFederal Home Loan Bank System\nRETIREMENT OF CAPITAL STOCK.-\nThe capital stock of the Corporation,\nCREATION.-The Federal Home\noriginally issued in the amount of\nLoan Bank System was created by\n$100,000,000 and formerly held by the\nauthority of the Federal Home Loan\nUnited States Treasury, has now been\nBank Act, approved July 22, 1932 (see\ncompletely retired. As provided by\ncitations under Federal Home Loan\nlaw, effective June 27, 1950, the Cor-\nBank Board), to provide credit re-\nporation retired at the end of each\nserve for savings and home-financing\nfiscal year an amount of its capital\ninstitutions.\nORGANIZATION.-In operation during\nstock equal to 50 percent of its net\n1967 were 12 regional Federal Home\nincome for the year.\nLoan Banks of this System, located in\nBoston, New York, Pittsburgh, Greens-\nFederal Savings and Loan Advisory\nCouncil\nboro (N.C.), Cincinnati, Indianapolis,\nChicago, Des Moines, Little Rock, To-\nThe Federal Savings and Loan Ad-\npeka, San Francisco, and Spokane.\nvisory Council is an independent stat-\nThe management of 6 of the 12 banks\nutory advisory body empowered to\n(Boston, Pittsburgh, Greensboro, To-\nconsult with the Federal Home Loan\npeka, San Francisco, and Spokane) is\nBank Board in its administration of\nvested in a board of 12 directors, 4 ap-\nthe Federal Home Loan Bank System,\npointed by the Federal Home Loan\nthe Federal Savings and Loan Insur-\nBank Board to represent the public in-\nance Corporation, and the Federal\nterest and 8 elected by the member\nSavings and Loan System. Establish-\ninstitutions. Three banks (Indianapo-\nment of the Council emphasized the\nlis, Des Moines, and Little Rock) have\npublic interest which is inherent in\nrestore it to normal operation, the Cor-\noperations of the Board and of the\nporation may make loans to, purchase\nsupervised savings and home financ-\nassets of, or make a financial contribu-\ning institutions which serve many mil-\ntion to such an institution. In the\nlions of savers, investors, and home-\nevent of a default by any insured in-\nowners throughout the Nation. Meet-\nstitution, payment of each insured ac-\ning in Washington at least twice a\ncount in such insured institution,\nyear, the Council may initiate recom-\nwhich is surrendered and transferred\nmendations to the Board and request\nto the Corporation, shall be made by\ninformation from the Board with re-\nthe Corporation as soon as possible,\nspect to matters within the jurisdiction\neither (1) by cash or (2) by making\nof the Board.\navailable to each insured member a\nThe Council consists of 18 mem-\ntransferred account in a new insured\nbers-one elected from each of the 12\ninstitution in the same community or\nFederal Home Loan Bank Districts,\nin another insured institution in an\nand six appointed annually by the\namount equal to the insured account\nFederal Home Loan Bank Board. The\nof such insured member.\nelected members are generally chosen\nFUNDS.-Income of the Corpora-\nfrom the ranks of active savings and\ntion consists principally of premiums\nloan managers. The appointed mein-\npaid by insured institutions and in-\nbers are chosen on the basis of leader-\nterest earned on investments. All\nship in business or the professions.\nincome above expenses is transferred\nto reserves. Reserves and unallocated\nincome, as of December 31, 1967,\ntotaled $2,049,000,000. The Corpora-\ntion is authorized to obtain additional\nfunds for insurance purposes from the\nUnited States Treasury not exceeding\n$750,000,000 outstanding at any one\ntime. In addition, insured associations\nmay be required to deposit up to 1 per-\ncent of their savings capital with the\nCorporation. These borrowing and de-\nposit authorities have never been\nexercised.\nLEVEL III\nCHAIRMAN OF THE FEDERAL\nHOME LOAN BANK BOARD\nORGANIZATION The Board consists\nof three members, appointed by the\nPresident by and with the advice and\nconsent of the Senate. Not more than\ntwo members may be members of the\nsame political party. Members are\nappointed for a term of 4 years each.\nLEVEL IV\nMEMBERS OF THE FEDERAL\nHOME LOAN BANK BOARD\nFEDERAL MEDIATION AND CONCILIATION SERVICE\nDepartment of Labor Building, Washington, D.C., 20427.\nPhone, EXecutive 3-7350\nThe Service possesses no law en-\nwhich would have only a minor effect\nforcement authority. Its mediators,\non interstate commerce if State or\nwho are located in seven regional of-\nother conciliation services are avail-\nfices and other major industrial cities\nable to the parties. The Service is di-\nthroughout the Nation, rely wholly on\nrected to make its mediation and con-\npersuasive techniques of mediation\nciliation facilities available only as a\nand conciliation to perform their\nlast resort and in exceptional cases in\nduties.\nthe settlement of grievance disputes\nPURPOSE.-It is the duty of the\narising over the application or inter-\nService, in order to prevent or mini-\npretation of existing collective bargain-\nmize interruptions of the free flow of\ning agreements.\ncommerce growing out of labor-man-\nIf the mediator is not able to bring\nagement disputes, to assist the dis-\nthe parties to agreement by mediation,\nputant parties in industries affecting\nhe seeks to induce the parties volun-\ninterstate commerce to settle such dis-\ntarily to seek other means of settling the\nputes through conciliation and media-\ndispute without resort to strike, lock-\ntion.\nout, or other coercion.\nACTIVITIES.-The mediator's efforts\nThe Service, on the joint request of\nare directed toward the establishment\nemployers and unions, will also assist\nof sound and stable labor-management\nin the selection of arbitrators.\nrelations on a continuing basis. Medi-\nThe work of the Service-to con-\nators of the Service assist representa-\ntinually improve labor-management\ntives of labor and management in\nrelations and to ameliorate the effects\nsettling disputes about wages, hours,\nof disputes when they occur-is de-\nand other aspects of the employment\nsigned to strengthen the national labor-\nrelationship that arise in the course of\nmanagement relations policy favoring\nnegotiations. But in this work the\ncollective bargaining and responsible\nmediator has a more basic function:\nlabor-management relations resulting\nthat of encouraging and promoting bet-\nfrom it.\nter day-to-day relations between labor\nThe National Labor-Management\nand management. He thereby helps\nPanel-composed of 12 members ap-\nto reduce the incidence of work stop-\npointed by the President, 6 represent-\npages resulting from disputes about the\ning management and 6 representing\nterms of collective bargaining agree-\nlabor-advises the Director on the\nments and disputes arising from griev-\navoidance of industrial controversies,\nances under existing contracts. Issues\nparticularly those affecting the general\narising in subsequent negotiations of\nwelfare.\nthe parties may then be faced as prob-\nlems to be settled through mutual ef-\nfort rather than issues in dispute.\nThe Service offers its facilities in\nlabor-management disputes in any in-\ndustry affecting interstate commerce,\neither upon its own motion or at the\nrequest of one or more of the parties\nto the dispute, whenever in its judg-\nment such dispute threatens to cause a\nsubstantial interruption of commerce.\nUnder section 8 (d) of the act, em-\nployers and unions are required to file\nwith the Service a notice of every dis-\npute affecting commerce not settled\nwithin 30 days after prior service of a\nnotice to terminate or modify an exist-\ning contract. The Service is required\nto avoid the mediation of disputes\nLEVEL III\nDIRECTOR OF FEDERAL\nMEDIATION AND CONCILIA-\nTION SERVICE\nLEVEL V\nASSOCIATE DIRECTOR\n(not listed in manual)\nFEDERAL TRADE COMMISSION 1\nPennsylvania Avenue at Sixth Street NW., Washington, D.C., 20580\nPhone, EXecutive 3-6800\nFEDERAL TRADE COMMISSION\nCOMMISSIONER\nCOMMISSIONER\nCHAIRMAN\nCOMMISSIONER\nCOMMISSIONER\nAssistant to Chairman\nEXECUTIVE DIRECTOR\nOFFICE OF\nOFFICE OF\nGENERAL COUNSEL\nHEARING EXAMINERS\nOFFICE OF PROGRAM REVIEW\nOFFICE OF SECRETARY\nASST. GENERAL COUNSELS:\nDIVISION:\nAppeals\nLegal and Public Records\nConsent Orders\nExport Trade\nOFFICE OF INFORMATION\nI\nDEP. EXECUTIVE DIRECTOR\nLegislation\nVoluntary Compliance\nFed.-State Cooperation\nOFFICE OF ADMINISTRATION\nOFFICE OF COMPTROLLER\nManagement Staff\nDIVISION:\nDIVISIONS:\nFinance\nAdministrative Services\nData Processing\nPersonnel\nOPERATING\nBUREAUS\nDECEPTIVE PRACTICES\nECONOMICS\nFIELD OPERATIONS\nINDUSTRY GUIDANCE\nRESTRAINT OF TRADE\nTEXTILES AND FURS\nDIVISIONS:\nDIVISIONS:\nFIELD OFFICES:\nDIVISIONS:\nDIVISIONS:\nDIVISIONS:\nCompliance\nEconomic Evidence\nAtlanta\nAccounting\nEnforcement\nFood and Drug Advertising\nFinancial Statistics\nBoston\nAdvisory Opinions\nRegulation\nGeneral Practices\nCompliance\nIndustry Analysis\nChicago\nIndustry Guides\nScientific Opinions\nCleveland\nTrade Regulation Rules\nDiscriminatory Practices\nSpecial Projects\nGeneral Trade Restraints\nKansas City\nMergers\nLos Angeles\nNew Orleans\nADMINISTRATION ONLY.\nNew York City\nSan Francisco\nField Stations\nADMINISTRATIVE SERVICES AND\nSeattle\nFORMAL INVESTIGATIVE MATTERS.\nWashington Area\nPURPOSE.-The basic objective of\nmission Act, cited above, and the\nthe Commission is the maintenance of\nClayton Act (38 Stat. 730; 15 U. S. C.\nfree competitive enterprise as the key-\n12), both passed in 1914 and both suc-\nstone of the American economic sys-\ncessively amended in the years that\ntem. Although the duties of the\nhave followed. The Federal Trade\nCommission are many and varied un-\nCommission Act lays down a general\nder the statutes, the foundation of pub-\nprohibition against the use in com-\nlic policy underlying all these duties\nmerce of \"unfair methods of competi-\nis essentially the same: to prevent\ntion\" and \"unfair or deceptive acts or\nthe free enterprise system from being\npractices.\" The Clayton Act outlaws\nstifled or fettered by monopoly or cor-\nspecific practices recognized as instru-\nrupted by unfair or deceptive trade\nments of monopoly. As an adminis-\ntrative agency, acting quasi-judicially\npractices.\nand quasi-legislatively, the Commission\nIn brief, the Commission is charged\nwas established to deal with trade prac-\nwith keeping competition both free\ntices on a continuing and corrective\nand fair.\nbasis. It has no authority to punish;\nThis basic purpose finds its primary\nits function is to \"prevent,\" through\nexpression in the Federal Trade Com-\ncease-and-desist orders and other\nmeans, those practices condemned by\nthe law of Federal trade regulation.\nCHAIRMAN\nORGANIZATION.-The Commission is\ncomposed of five members. Each mem-\nber is appointed by the President, by\nand with the advice and consent of\nthe late, for a term of 7 years. Not\nmore than three of the Commissioners\nmay be members of the same political\nparty. One Commissioner is desig-\nnated by the President as Chairman of\nthe Commission and is responsible for\nits administrative management.\nAn Executive Director, appointed\nby the Chairman with the consent of\nthe Commission, exercises general su-\npervision over the staff of the agency.\nThe Secretary of the Commission is\nthe legal custodian of its seal, papers,\nand records; handles its mail; signs its\norders, as well as other official docu-\nments; keeps. its minutes and its cal-\nendar of pending matters; and ar-\nranges for oral arguments.\nLEVEL V\nMEMBERS (5). ONE IS\nSELECTED BY PRESI-\nDENT AS CHAIRMAN\nINTERSTATE COMMERCE COMMISSION'\nTwelfth Street and Constitution Avenue NW., Washington, D.C., 20423.\nPhone, 737-9765\nINTERSTATE COMMERCE COMMISSION\nCOMMISSION\nVICE\nCHAIRMAN\nDIVISION\nDIVISION 2\nDIVISION 3\nCHAIRMAN\n-\nDIVISION CHAIRMAN\nDIVISION CHAIRMAN\nDIVISION CHAIRMAN\nor ICE OF\nOFFICE OF THE\nOFFICE OF THE\nOFFICE OF THE\nPROCEEDINGS\nMANAGING DIRECTOR\nGENERAL COUNSEL\nSECRETARY\nBUDGET AND\nPERSONNEL\nSECTION of\nSECTION or\nSECTION or\nSECTION of\nthe REVIEW\nSECTION MEANINGS\nFIOM OPINIONS\nRESEARCH\nREFERENCE\nIPROC DINGH\nFISCAL OFFICE\nOFFICE\nLITIGATION\ncommittee\nAND ORINIONS\nSERVICES\nways AND ...\nDEPUTY DIRECT 04\nCHIEF\nDEPUTY DIRECTOR\nMEANING BERWINER\nSECTION OF\nSECTION or\nADMINISTRATIVE\nSYSTEMS\nSERVICES\nDEVELOPMENT\nSECTION or\nOPERATIONS\nTEMPORARY AUTHORITY\nBOCKETS\nREVIEW\nAND\nAND\nBOARDS\nPHINCE BOARDE\nTRANSFER DOARD\nBUREAU OF\nBUREAU OF\nBUREAU or\nBUREAU OF\nBUREAU of\nACCOUNTS\nENFORCEMENT\nOPERATIONS\nTRAFFIC\nECONOMICS\nPRECTORS\nDIRECTOR'S\nDIRECTOR'S\nDIRECTOR'S\nDIRECTOR'S\nOFFICE\nOFFICE\nor\nOFFICE\nOFFICE\nMC or\nSECTION or\nSEC of\nSECTION or\nSECTION or\naccounting\n-\nENFORCEMENT\nBAILROADS\nRESEARCH\nSECTION -\nMOTOR WATER\nSECTION or\nSECTION or\nsector .\nEOST FROM\nAND FORWARDER\nPates and\nMDTOR CARRIERS\nENFORCEMENT\n- CAND\n- STATISTICS\nSECTION -\nSECTION or\n1\nBOARD or\nSERVICIATION\nINSURANCE\nIMPENSION\nSECTION R or\nMILE CARRIERS\nPOURTH sector\nREPORTS\n- FREIGHT\nDOARS\nFORWORDERS\nTIGN OF\nINSURANCE\nRELEASED RATES\nPHONE\n- - COMMUNICATION\nSERVICE AND VC\nand SPECIAL\nANALVIN\nLEASING\nRESSON BOARDS\n--- 1 DIRECTION - CONSUMPLATION\nRECOUNTING #\nSELVATION\nREGIONAL\nBOARD\nMANAGERS\nRECEIVED AUDITOPS -\nREGIONAL COUNSELS\nREGIONAL\nREGIONAL supplyment\n(se MOVE\narea MEDIA'S\nagen\n-\nIM\nFELD TM.\n- STATE\nHELP State\nPELO STATE\nPURPOSE-The Commission was\nsound economic conditions in trans-\ncreated for the general purpose of regu-\nportation and among the several car-\nlation, in the public interest, of com-\nriers; to encourage establishment and\nmon carriers subject to the act engaged\nmaintenance of reasonable charges\nin transportation in interstate com-\nfor transportation services, without un-\nmerce, and in foreign commerce to the\njust discriminations, undue preferences\nextent that it takes place within the\nor advantages, or unfair or destructive\nUnited States. As recently amended,\ncompetitive practices; to cooperate\nall provisions of the act are to be ad-\nwith the several States and their duly\nministered by the Commission in the\nauthorized officials; and to encourage\nlight of a transportation policy added\nfair wages and equitable working con-\nby the 1940 act, that all modes of trans-\nditions-all to the end of developing,\nportation subject to its provisions are\ncoordinating, and preserving a national\nto be regulated so as to recognize and\ntransportation system by water, high-\npreserve the inherent advantages of\nway, and rail, as well as by other means,\nadequate to meet the needs of the\neach; to promote safe, adequate, eco-\ncommerce of the United States, of the\nnomical, and efficient service and foster\npostal service, and of the national\ndefense.\nLEVEL III\nCHAIRMAN\nORGANIZATION.-The Commission\nconsists of 11 members appointed by\nthe President and confirmed by the\nSenate. From its membership the\nCommission annually elects a chair-\nma\nnd a vice chairman. The act\nauthorizes the Commission to create\nand delegate certain of its duties and\nfunctions to appellate divisions or to\ndivisions, each to consist of not less\nthan three members. The Commission\nalso may delegate certain duties and\nfunctions to individual commissioners\nor to boards consisting of not less than\nthree eligible employees. Under certain\ncircumstances, decisions of divisions,\nindividual commissioners, and boards\nof employees are subject to reconsidera-\ntion by an appellate division or by the\nentire Commission. Pursuant to this\nauthority, the Commission has created-\nand assigned duties to three regular\ndivisions whose duties are primarily.\nas follows: Division 1, operating rights;\nDivision 2, rates, tariffs, and valuation;\nand Division 3, finance and service.\nThese same three divisions function\nas appellate divisions for action on\npetitions for reconsideration or re-\nhearing of decisions of divisions or\nboards of employees. The staff of the\nCommission is organized into 5 bu-\nreaus and 4 offices.\nVEL IV\nMEMBERS\nMEMBERS\n(CONT. )\nNATIONAL LABOR RELATIONS BOARD\n1717 Pennsylvania Avenue NW., Washington, D.C., 20570. Phone, EXecutive 3-3111\nPURPOSE.-The act affirms the right\nof employees to self-organization and\nto bargain collectively through repre-\nsentatives of their own choosing or to\nrefrain from any or all such activities.\nTo effectuate this policy, the act pro-\nhibits certain unfair labor practices\nand authorizes the Board to designate\nappropriate units for collective bar-\ngaining and to conduct secret ballots\nto determine the exclusive representa-\ntive of employees.\nLEVEL 11 CHAIRMAN\nORGANIZATION.-The President ap-\npoints, with the consent of the Senate,\nthe five members of the Board for\nterms of 5 years each and the General\nCounsel for a term of 4 years. The\nfirst National Labor Relations Board\nwas created under authority of public\nresolution of June 19, 1934 (48 Stat.\n1183; 15 U. S. C. 702a-02f), which\nwas superseded by the Board created\nby\nact of 1935 and enlarged by the\nact of 1947.\nLEVEL IV\nGENERAL COUNSEL\nThe General Counsel has final\nau ity, on behalf of the Board, in\nrespect to the investigation and issu-\nance of complaints and in respect to\nthe prosecution of such complaints be-\nfore the Board. Whenever the General\nCounsel has investigated any charge\nfiled against a labor organization al-\nleging a violation of sections 8 (b) (4)\n(a), or (b), or (c) [see page 500, col.\n2, par. 4 (a), (b), (c)] and has rea-\nsonable grounds to believe the charges\nare true, he is required to petition the\nUnited States district court for appro-\npriate temporary relief.\nLEVEL IV\nMEMBERS OF NAT.\nLABOR RELATIONS BD.\nNATIONAL MEDIATION BOARD\n1230 Sixteenth Street NW., Washington, D.C., 20572. Phone, 343-1100\nPURPOSE.-The general purposes of\nright of employees to join a labor\nthe Railway Labor Act, establishing\norganization.\nthe National Mediation Board, are as\n3. To provide for the complete\nfollows:\nindependence of carriers and of\n1. To avoid any interruption to\nemployees in the matter of self-\ncommerce or to the operation of any\norganization.\ncarrier engaged therein.\n4. To provide for the prompt and\n2. To forbid any limitation upon\norderly settlement of all disputes con-\nfreedom of association among em-\ncerning rates of pay, rules, or working\nployees or any denial, as a condition\nconditions.\nof employment or otherwise, of the\n5. To provide for the prompt and\norderly settlement of all disputes grow-\ning out of grievances or out of the\ninterpretation or application of agree-\nments covering rates of pay, rules, or\nworking conditions.\nLEVEL III\nCHAIRMAN\nORGANIZATION.-The National Me-\ndiation Board consists of three mem-\nbers appointed by the President by and\nwith the advice and consent of the\nSenate. Not more than two members\nmay he of the same political party.\nTh\nard is assisted by an executive\nsecretary, an office staff, and a staff of\nmediators. The Board annually desig-\nnates a member to act as Chairman.\nLEVEL IV - MEMBERS\nOF MEDIATION BOARD\nACTIVITIES.-The principal duty of\nthe National Mediation Board is to\nmediate differences between the rail-\nroads, the express and Pullman com-\npanics, and the airlines on the one\nhand and their employees on the other,\ngrowing out of their attempts to make\nand maintain agreements establishing\nthe rates of pay, rules, and working\nconditions of the employees as directed\nby the Railway Labor Act.\nIn addition to mediating disputes\nbetween carriers and their employees,\nthe Board is also charged with the re-\nsponsibility of determining represen-\ntation disputes among the employees.\nWhen a dispute arises among a rail or\nairline carrier's employees as to who\nare = representatives of such em-\nplo, for the purposes of the Railway\nLabor Act, the Board is authorized to\ninvestigate such dispute and to deter-\nmine by an election or other appro-\npriate method who is the duly desig-\nnated and authorized representative\nof the employees and to certify such\nrepresentative to the partics and to the\ncarrier.\nSECURITIES AND EXCHANGE COMMISSION 1\n500 N. Capitol Street NW., Washington, D.C., 20549. Phone, WOrth 3-5526\nSECURITIES AND EXCHANGE COMMISSION\nTHE COMMISSION\nTHE\nTHE SECRETARY\nHEARING EXAMINERS\nTHE OFFICE OF\nOPINIONS AND\nREVIEW\nTHE\nTHE OFFICE OF\nTHE DIVISION OF\nTHE DIVISION OF\nTHE DIVISION OF\nTHE\nGENERAL COUNSEL\nPOLICY\nTRADING AND\nCORPORATION\nCORPORATE\nCHIEF ACCOUNTANT\nRESEARCH\nMARKETS\nFINANCE\nREGULATION\nTHE OFFICE OF\nTHE OFFICE OF\nTHE OFFICE OF\nTHE OFFICE OF\nDATA PROCESSING\nCOMPTROLLER\nPERSONNEL\nRECORDS AND SERVICE\nTHE REGIONAL OFFICES\nNEW YORK REGIONAL\nBOSTON REGIONAL\nATLANTA REGIONAL\nCHIC REGIONAL\nFORT WORTH\nDENVER REGIONAL\nSAN FRANCISCO\nSEATTLE REGIONAL\nWASHINGTON D.C.\nOFFICE\nOFFICE\nOFFICE\nOFFICE\nREGIONAL OFFICE\nOFFICE\nREGIONAL OFFICE\nOFFICE\nREGIONAL OFFICE\nCleveland,Ohic Branch\nMiami, Fle. Bronch\nDetroit, Mich. Branch\nHouston, Texas Branch\nSolt Loke City, Utah\nLos Angeles. Celif.\nBranch\nBranch\n5t. Louis, Mo. Bronch\nThe Commission is vested, inter alia,\nties, it is unlawful to sell the securities\nwith quasi-judicial functions. Persons\nin interstate commerce or through the\naggrieved by its decisions in the exer-\nmails. (There are certain /limited ex-\ncise of those functions have a right of\nemptions, such as Government securi-\nreview by United States courts of\nties, nonpublic offerings, and intrastate\nappeals.\nofferings, as well as offerings not ex-\nPURPOSE.-The general objective of\nceeding $300,000 in amount which\nthe statutes administered by the Com-\ncomply with the Commission's Regu-\nmission is to protect the interests of the\nlation A.) The effectiveness of a regis-\npublic and investors against malprac-\ntration statement may be refused or\ntices in the securities and financial mar-\nsuspended after a hearing if the state-\nkets.\nment contains material misstatements\nSECURITIES ACT OF 1933.-Issuers of\nor omissions, thus barring sale of the\nsecurities making public offerings of se-\nsecurities until it is appropriately\ncurities in interstate commerce or\namended. Registration is not a finding\nthrough the mails, directly or by others\nby the Commission as to the accuracy\non their behalf, are required to file with\nof the facts disclosed; and it is unlaw-\nthe Commission registration statements\nful so to represent. Moreover, registra-\ncontaining financial and other perti-\ntion of securities does not imply ap-\nnent data about the issuer and the se-\nproval of the issue by the Commission\ncurities being offered. A similar re-\nor insure investors against loss in their\nquirement applies to such offerings on\npurchase, but serves rather to provide\nbehalf of a controlling person of the\ninformation upon which investors may\nmake an informed and realistic evalua-\nissuer. Unless a registration statement\ntion of the worth of the securities.\nis in effect with respect to such securi-\nLEVEL III\nCHAIRMAN\nORGANIZATION.-The Commission is\ncomposed of five members, not more\nthan three of whom may be members\nof the same political party. The mem-\nbers are appointed by the President,\nwith the advice and consent of the\nSenate, for 5-year terms, one term\nending each year. The Chairman is\ndesignated by the President of the\nUnited States pursuant to the provi-\nsions of section 3 of Reorganization\nPlan 10 of 1950.\nLEVEL IV\nMEMBERS\nSMALL BUSINESS ADMINISTRATION\n1441 L Street NW., Washington, D.C., 20416. Phone, EXecutive 3-3111\nPURPOSE.-The purposes of the\nindustrial facilities; to license and reg-\nAdministration are to aid, counsel,\nulate small business investment com-\nassist, and protect the interests of\npanies; to certify small business con-\nsmall business concerns; to insure that\ncerns for priority of payment out of the\na fair proportion of the total Govern-\nWar Claims Fund; to improve the\nment purchases and contracts for sup-\nmanagement skills of the owners of\nplies, services, research, and develop-\nsmall business concerns with direct ac-\nment be placed with small business\ntion programs and through established\nenterprises; to make loans to small\nchannels of business relations; and to\nbusiness concerns, victims of floods or\nprovide for the development of man-\nother catastrophes, small business in-\nagement skills of qualified persons seek-\nvestment companies, and State and\ning to establish a small business. con-\nlocal development companies; to guar-\ncern.\nantce the payment of rent under leases\nto small business concerns to enable\nthem to obtain prime commercial or\nLEVEL III\nADMINISTRATOR\nORGANIZATION.-The management\nof the Administration is vested in an\nAdministrator, who is appointed by the\nPresident, by and with the advice and\nconsent of the Senate, a Deputy Ad-\nmin tor, and three Associate Ad-\nministrators, who are appointed by\nthe Administrator to assist him in the\nexecution of the functions of the Ad-\nministration.\nFUNCTIONS AND ACTIVITIES.-In\nconnection with the Small Business\nAdministration's principal program ac-\ntivities listed below, the Administrator\nhas the following powers:\nFinancial Assistance.-(1) To pro-\nvide financial counseling and make\ndirect or bank participation loans to\nsmall business concerns to finance plant\nconstruction, conversion, expansion, or\nto finance the acquisition of equip-\nment, facilities, machinery, supplies, or\nmaterials, and to furnish such concerns\nwith working capital if necessary; (2)\nto make loans to corporations formed\nand capitalized by a group of small\nbusiness concerns with resources pro-\nvided by them for the purpose of ob-\ntaining for the use of such concerns raw\nmaterials, equipment, inventories, sup-\nplics, or the benefits of research and de-\nvelopment, or for establishing facilities\nfor such purpose; (3) to make loans to\naid victims of floods or other natural\ncat: phcs to repair, rebuild, or re-\nplace dicir homes, businesses, or other\nproperty; (4) to make loans to assist\nsmall businesses which have sustained\nsubstantial economic injury resulting\nfrom a natural disaster\nLEVEL IV\nDEPUTY ADMINISTRA-\nTOR\nLEVEL V\nASSOCIATE ADMINISTRA\nTOR FOR FINANCE\nASSISTANCE\nLEVEL IV\nASSOCIATE ADMINISTRA\nTOR FOR PROCUREMENT\nAND MANAGEMENT\nASSISTANCE\nVEL V\nASSOCIATE ADMINISTRA\nTOR FOR INVESTMENTS\nUNITED STATES TARIFF COMMISSION\nE Street between Seventh and Eighth Streets NW., Washington, D.C., 20436.\nPhone, NAtional 8-3947\nPURPOSE.-It is the primary duty of\nthe Commission to investigate and re-\nport upon tariff and foreign trade mat-\nters as required by statute. It under-\ntakes such investigations either on its\nown motion, or at the request of the\nPresident, either branch of the Con-\ngress, the House Committee on Ways\nand Means, or the Senate Committee\non Finance. The Commission also con-\nducts certain types of investigations at\nthe request of interested parties.\nLEVEL IV\nCHAIRMAN\nORGANIZATION.-The Commission\nconsists of six members, appointed\n\"y the President and confirmed by\nhe Senate for terms of 6 years, one\nerm expiring each year. Not more\nhan three commissioners may be of\nhe same political party. The President\nS authorized to designate the Chair-\nnan and Vice Chairman annually\nrom\nmembership of the Commis-\nion. The Staff Coordinating Commit-\nee, composed of senior officers of the\nCommission's staff and chaired by\nhe Director of Investigation, plans\nand supervises the substantive work of\nhe Commission under the active di-\nrection of the Commission. The oper-\nting divisions of the staff consist of\nhe Office of the General Counsel, the\nDirector of Investigation, the Eco-\nnomics Division, and Technical Serv-\nces. The Office of the Secretary acts\nis the secretariat for the Commission,\nand is responsible for the conduct of\nrelations with the public and other\nGovernment agencies.\nLEVEL V\nMEMBERS OF THE\nU.S. TARIFF COMMISSION\nFEDERAL RESERVE SYSTEM\nBOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM\nTwentieth Street and Constitution Avenue NW., Washington, D.C., 20551.\nPhone, REpublic 7-1100\nCREATION AND AUTHORITY.-The\nbranches situated in different sections\nFederal Reserve System was estab-\nof the United States; the Federal Ad-\nlished pursuant to authority contained\nvisory Council; and the member banks,\nin the act of December 23, 1913,\nwhich include all national banks in the\nknown as the Federal Reserve Act (38\n50 States of the United States and\nStat. 251; 12 U.S. C. 221).\nsuch State banks and trust companies\nPURPOSE.-As stated in the pre-\nas have voluntarily applied to the\namble, the purposes of the act are \"to\nBoard of Governors for membership\nprovide for the establishment of Fed-\nand have been admitted to the System.\neral Reserve Banks, to furnish an elas-\ntic currency, to afford means of redis-\ncounting commercial paper, to estab-\nlish a more effective supervision of\nbanking in the United States, and for\nother purposes.\"\nORGANIZATION.-The System com-\nprises the Board of Governors; the\nFederal Open Market Committee; the\n12 Federal Reserve Banks and their 24\nEL II\nCHAIRMAN OF THE BOARD\nOF GOVERNORS OF FRS\nBoard of Governors\nBroad supervisory powers are vested\nin the Board of Governors, which has\nits offices in Washington. The Board is\ncomposed of seven members appointed\nby the President by and with the advice\nand consent of the Senate. In selecting\nthese seven members the President is\nrequired to have due regard to a fair\nrepresentation of financial, agricul-\ntural, industrial, and commercial in-\nterests, and the geographical divisions\nof the country. No two members may\nbe from the same Federal Reserve dis-\ntrict. The Chairman of the Board of\nGovernors is by Executive order a\nmember of the National Advisory\nCouncil on International Monetary\nand Financial Policies.\nThe Board determines general mon-\netary, credit, and operating policies for\nthe System as a whole and formulates\nth les and regulations necessary to\ncarry out the purposes of the Federal\nReserve Act. The Board's principal\nduties consist of exerting an influence\nover credit conditions and supervising\nthe Federal Reserve Banks and mem-\nber banks.\nLEVEL III\nMEMBERS OF THE BOARD"
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