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1 Taxes, National Security and Economic Growth [i] (1954)

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THE TRUSTEES Of the Committee for Economic Development
       established the Research and Policy Committee to initiate
       studies into the principles of business policy and of public
 policy which will foster the full contribution by industry and com-
 merce to the attainment and maintenance of high and secure stand-
 ards of living for people in all walks of life through maximum
 employment and high productivity in the domestic economy. (From
 CED By-Laws) . The Research and Policy Committee is selected from
 the membership of the CED Board of Trustees.

   Statements on National Policy, such as the following, are issued
 from time to time by the Research and Policy Committee. These
 statements are offered as an aid to clearer understanding of steps to be
 taken in reaching and maintaining high levels of productive employ-
 ment and a steadily rising standard of living. The Committee is not
 attempting to pass on any pending specific legislative proposals; its
 purpose is to urge careful consideration of the objectives set forth in
 the statement and of the best means of accomplishing those objectives.

   Each Statement is the result of discussions between the members
 of the Research and Policy Committee, the members of the Research
 Advisory Board, the CED research staff and advisers chosen for their
 competence in the field being considered. The Committee draws on
 research studies and other research materials prepared for the
 Research and Policy Committee as background for its deliberations.

    A Statement on National Policy represents the views of the mem-
  bers of the Research and Policy Committee and of the members of
  the Subcommittee responsible for its development. The recommen-
  dations presented therein are not necessarily endorsed by the Trustees
  of the Committee for Economic Development, other than the mem-
  bers of the Research and Policy Committee and the responsible
  Subcommittee, or by the advisers, contributors, staff members or
  others associated with the Committee for Economic Development.


I.d

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