Advisory boards

Photograph made at one of the annual dinners of the Business Advisory Council. Left to right: Frank Pace, Director of the Budget; unidentified; unidentified; Fred Lawton, Assistant Director and later Director of the Budget.

An unidentified man and Stuart A. Rice (at right). Information with photo: "The Business Advisory Council was formed during the Truman Administration with government representatives and outstanding business men representing such groups as the National Association of Manufacturers, Retail Trade Association, Comptroller's Institute, etc. They met, and continue to do so, once a month in 'business/working' sessions and once a year a special dinner to which wives are invited from around the country, and the Director of the Budget is guest of honor and speaker. The President of the U.S.

Former President Harry S. Truman (fifth from left, standing) and the Board of Governors of the American Royal Association, of which Mr. Truman has just been made an Honorary Governor. The identities of the Governors are unknown. (See also 2002-63.)

Dr. Edwin G. Nourse, Vice President of the Brookings Institute, was nominated by President Harry S. Truman to be Chairman of the new Council of Economic Advisors. From: Beth Gore.

Photo of Leon H. Keyserling, Vice Chairman of the President's Council of Economic Advisers, reviewing charts on economic conditions which were included in the Council's report to Congress. From: Beth Gore