AND ECONOMIC RESEARCH ACTIVITIES HEARING BEFORE THE COMMITTEE ON INTERSTATE AND FOREIGN COMMERCE SEVENTY-SIXTH CONGRESS THIRD SESSION ON H. R. 3395 TO PROMOTE BUSINESS AND ECONOMIC RESEARCH IN THE OF BUSINESS ADMINISTRATION, RESEARCH JANUARY 10 AND 11, 1940 Printed for the use of the Committee on Interstate and Foreign Commerce COMMITTEE ON INTERSTATE AND FOREIGN COMMERCE CLARENCE F. LEA, California, Chairman ROBERT CROSSER, Ohio ALFRED L. BULWINKLE, North Carolina EDWARD A. KELLY, Illinois HERRON PEARSON, Tennessee MARTIN J. KENNEDY, New York JAMES P. MCGRANERY, Pennsylvania RUDOLPH G. TENEROWICZ, Michigan 2 CHARLES A. WOLVERTON, New Jersey ELTON J. LAYTON, Clerk F. P. RANDOLPH, Assistant Clerk 1 Charles F. Risk elected to committee on January 12, 1940. 2 Rudolph G. Tenerowicz elected to committee on February 7, 1940. II LIBRARY OF CONGRESS FEB 2 1 1940 DIVISION OF DOCUMENTS Beckman, Dr. Theodore N., Ohio State University. 47 66 81 8,85 9 1 3 31 Treasury Department. 32 Text of Committeee Print No. 3 of the bill_. Extract from Annual Report Secretary of Commerce. Department of Commerce (allocation of funds). Communications inserted by Mr. Boren (from trade associations) Mr. Boren (replies to inquiry). Conference of State Universities Schools of Business_ Mr. Engle (university officials) _ 89 92 47 40 34 Deans and professors of universities and colleges_. 96 III Mr. Engle (from commercial firms) –. BUSINESS AND ECONOMIC RESEARCH WEDNESDAY, JANUARY 10, 1940 HOUSE OF REPRESENTATIVES, COMMITTEE ON INTERSTATE AND FOREIGN COMMERCE, Washington, D. C. The committee met, pursuant to call, at 10 o'clock a. m., in the committee room, New House Office Building, Hon. Clarence F. Lea (chairman) presiding. The CHAIRMAN. The committee will please come to order. The hearing this morning is on H. R. 3395, originally introduced by Mr. Robinson on January 30, 1939, and Subcommittee Print No. 3 of H. R. 3395, of July 5, 1939. (The two prints above referred to are as follows:) [H. R. 3395, 76th Cong., 1st sess.] A BILL To promote business and economic research in the United States by establishing and maintaining, in connection with State university schools of business administration, research stations to cooperate with the Department of Commerce Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That in order to aid in acquiring and diffusing among the people of the United States useful information on subjects connected with business, and to promote scientific investigation respecting the principles of economics and their application to the conduct of business, there shall be established in each State, at the State university, or other State educational institution, under the direction of the college of business administration or, if there is no such college, the department or college in which such business subjects are included, a department to be known as a business research station which will cooperate with the Department of Commerce in conducting research in business. The Secretary of Commerce, after a careful survey in consultation with the board created by section 5 of this Act, shall designate the State institution at which the business research station shall be established, if any such institution is qualified. The business research station established in each State may be discontinued temporarily, or may be transferred to another State institution for stated causes and after a hearing before the board created by section 5 of this Act, if in the judgment of the Secretary and the board the fundamental purposes of this Act will be furthered thereby. It shall be understood that it is the purpose of this Act to provide for a continuous program of investigation in each State and that each university or other institution participating shall have entire freedom to publish findings and conclusions arrived at in the scientific researches of its business research station. SEC. 2. It shall be the object and duty of such business research stations to conduct original researches, investigations, and experiments bearing directly upon the problems of business involved in the production, manufacture, preparation, use, distribution, financing, and marketing of the products and services of commerce and industry, including the fisheries industry, and including such researches as have for their purpose the establishment and maintenance of a permanent and efficient business structure, and such economic investigations has have for their purpose the development and improvement of the standard of living of the people of the United States. SEC. 3. (a) In order to promote the adoption of the best methods, the securing of comparable data, and the achievement of adequate results, it shall be the |