HEARINGS

BEFORE A

SUBCOMMITTEE OF THE

COMMITTEE ON BANKING AND CURRENCY
UNITED STATES SENATE

EIGHTY-FIFTH CONGRESS

FIRST SESSION

ON

VARIOUS BILLS TO AMEND THE SMALL BUSINESS
ACT OF 1953, AS AMENDED

93527

JUNE 3, 4, 5, 6, 10, 11, 13, 18, AND 20, 1957

Printed for the use of the Committee on Banking and Currency

UNITED STATES
GOVERNMENT PRINTING OFFICE

WASHINGTON: 1957

219

60

S. 2286_

Statement of—

Adair, John A., president, Exchange National Bank, Atchison, Kans

Allott, Gordon, a United States Senator from the State of Colorado..

Barnes, Wendell B., Administrator, Small Business Administration.. 311, 512

Brennan, F. P., vice president; accompanied by Donald J. Hurley,

Massachusetts Business Development Corp-

97

Burger, George J., vice president, National Federation of Independent
Business_

78

Coffin, Frank M., a Representative in Congress from the State of

Maine..

185

Duggan, David J., vice president and general secretary, New York

Business Development Corp- - - .

200

Floete, Franklin G., Administrator, accompanied by Paul Barron and

Lloyd L. Dunkle, Jr., General Services Administration.

Harling, Philip F., Theater Owners of America, Inc..

Humphrey, Hubert H., a United States Senator from the State of

Minnesota...

304

70

Jenkins, H. Powell, executive vice president, accompanied by Marshall
B. Hartsfield, counsel, The Business Development Corporation of
North Carolina_.

Kaplan, A. D. H., senior staff member, Brookings Institution_.

Martin, William McChesney Jr., Chairman, Board of Governors;

accompanied by Winfield W. Riefler, Assistant to the Chairman,

Federal Reserve System...

Maxwell, Arthur F., on behalf of the American Bankers Association__

McDonald, C. Bert, chairman, banking committee; and John C.

Davis, executive director, National Small-Business Men's Associa-

tion of Washington, D. C..--

McKellar, Joseph M., Director for Small Business Policy, Office of
the Assistant Secretary of Defense (Supply and Logistics) -

Multer, Abraham J., a Representative in Congress from the State of

New York.__

Neal, Alfred C., president, Committee for Economic Development..

Oechsle, Carl F., Acting Assistant Secretary for Domestic Affairs,

accompanied by Kenneth F. McClure, General Counsel, Depart-

ment of Commerce..

O'Mahoney, Joseph C., a United States Senator from the State of

Wyoming.

Smith, Don T., Deputy to the Secretary of the Treasury.

483

Robbins, Laurence B., Assistant Secretary of the Treasury.
Scoll, David, New York, N. Y_