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FG 334 (Price Commission)

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These Presidential historical materials are in the custody of the National Archives and Records Administration under the provisions of Title I of the Presidential Recordings and Materials Preservation Act of 1974 (44 U.S.C. 2111 note), and implementing regulations. In accordance with the act and regulations, archivists reviewed the file group to identify private or personal as well as non-historical items. Such items, if found, have been withdrawn for return to the individual with primary proprietary or commemorative interest in them.

Materials covered by this act have been archivally processed and are described in this finding aid. Items that are security classified or otherwise restricted under the act and regulations have been removed and placed in a closed file. A Document Withdrawal Record (NA Form 14021) has been placed in the front of each folder describing each withdrawn item. Employees of the National Archives will review periodically the unclassified portions of closed materials for the purpose of opening those which no longer require restrictions. Classified documents may be reviewed for declassification under authority of Executive Order 13526 in response to Mandatory Review Request (NA Form 14020) submitted by the researcher.

  • Linear measurement of materials:   3 in.
  • Approximate number of pages:   600

Organization Information

The Price Commission was established by Executive Order 11627, October 15, 1971, as part of the Economic Stabilization Program, which was established by President Nixon under authority of P.L. 91-379, the Economic Stabilization Act of 1970. The Price Commission was terminated on January 11, 1973, by Executive Order 11695. The Commission set policies for stabilizing prices and rents within the goals established by the Cost of Living Council and established and administered regulations to ensure just and full application of those policies.

Scope and Content Note

The records consist of correspondence, memorandums, biographies, resumes, member lists, schedules, notes, press releases, press clippings and reports. Primary correspondents include The President, Peter M. Flanigan, William E. Timmons, Noble M. Melencamp, Donald Rumsfeld, C. Jackson Grayson and John C. Ehrlichman. Topics include nominations, membership appointments and resignations, the Cost of Living Council, pricing of consumer goods and services, the 1972 Northwestern Universities Business Administration Conference and Control Board and Price Commission wages.

The terms Executive and General are used before the code FG 334 generally to determine the source of the materials. Items designated Executive are communications among national, foreign, state and local governments and their agencies, Members of Congress, and other prominent people. Items designated General are communications between Government officials and private citizens, institutions, and other private interests.

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