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