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FG 161 (National Advisory Council on International Monetary and Financial Policies) (White House Central Files: Subject Files)

Abstract

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 Such items, if found, have been withdrawn for return to the individual with primary proprietary or commemorative interest in them.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 A Document Withdrawal Record (NA Form 14021) has been placed in the front of each folder describing each withdrawn item.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:  < 1 in.
  • Number of pages:   171
Organizational Note

The Bretton Woods Agreement Act of 1945, 59 Stat. 512,  originally established the National Advisory Council on International Monetary and Financial Policies as the National Advisory Council on International Monetary and Financial Problems. The original Council was abolished by the Reorganization Plan No. 4 of 1965 and its functions were transferred to the President. Executive Order No. 11238 dated July 28, 1965, re-established an Interim Council to operate until the current Council was established by Executive Order No. 11269, dated February 14, 1966, and the name changed to the National Advisory Council on International Monetary and Financial Policies/ The Council is an interagency committee, which functions within sponsorship of the U.S. Department of the Treasury.

The Council coordinates the activities of the United States representatives on international financial organizations and of the Export-Import Bank, and all other agencies of the government to the extent that they make or participate in the making of foreign loans or engage in foreign, financial, exchange or monetary transactions.

The Council consists of seven members including the Secretary of the Treasury who serves as the Chairman. Other members are the Secretaries of State and Commerce, the Chairman of the Board of Governors of the Federal Reserve System, and the President of the Export-Import Bank of Washington, the U. S. Trade Representative and the Director of the International Development Cooperation Agency.

Scope and Content Note

The records consist of correspondence, annual and special reports, and memorandums. Primary correspondents include President Richard M. Nixon and White House staff John C. Whitaker, Daniel T. Kingsley, Peter M. Flanigan, Gen. Alexander M. Haig, Jr., Henry A. Kissinger, John Campbell, and David Gergen. There is also correspondence with George P. Shultz, Chairman, National Advisory Council on International Monetary and Financial Policies.

The terms "Executive" [Ex] and "General" [Gen] are used before the code FG 161 to identify the source of the materials within a specific file. The files designated [Ex] are communications between national, foreign, state and local governments and their agencies, members of Congress and other prominent people. Files designated [Gen] are communications between government officials and private citizens, institutions and other private interests.

Folder Title List

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