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Ezra Solomon

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The Presidential historical materials of Ezra Solomon 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 personal and private materials (including materials outside the date span covered by the act) as well as nonhistorical items. These materials have been returned to the individual who has primary proprietary interest.

Materials covered by the Act have been archivally processed and are described in this register. Items which are security classified or otherwise restricted under the act and regulations have been removed and placed in a closed file. A Document Withdrawal Record (GSA Form 7279 or NA Form 14021) with a description of each restricted document has been inserted at the beginning of each folder from which materials have been removed. A Document Control Record marks the original position of the withdrawn item.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 restriction. Certain classified documents may be declassified under authority of Executive Order 13526 in response to a Mandatory Review Request (NA Form 14020) submitted by the researcher.

  • Linear feet of materials:   12
  • Approximate number of pages:   21,600

Biographical Note

March 30, 1920 Born in Rangoon, Burma

1940 University of Rangoon

1942-1947 Lieutenant, Burma Division, Royal Naval Volunteers Reserves

May 7, 1949 Married Janet Lorraine Cameron

1948-1951 Instructor, University of Chicago

1950 Ph.D. degree, University of Chicago

1951-1955 Assistant Professor of Finance, University of Chicago

1957-1961 Professor, University of Chicago

1951-1971, 1973- Dean Witter Professor of Finance, Stanford University

September 9, 1971 Appointment on Council of Economic Advisers (CEA)

March 31, 1973 Resigned from CEA to return to Stanford

Scope and Content Note

Ezra Solomon succeeded Hendrik Houthakker as a member of the Council of Economic Advisers on September 9, 1971. He held this position for eighteen months, resigning at the end of March 1973 in order to return to his teaching position as Professor of Finance at Stanford. As second in command at the CEA, Solomon served under Paul W. McCracken, chairman, until the close of 1971, and then under Herbert Stein. Solomon's colleagues on the CEA during this period were Sidney L. Jones, Marina von Neumann Whitman, and Gary L. Seevers. Dr. Solomon's areas of responsibility included: domestic economic and financial conditions and outlook; fiscal policy and monetary policy; manpower programs; taxation and social security; energy, defense, housing, and national growth policy. He was also chairman of the Technical Research and Development Incentives and Resources Task Force. At his farewell party in 1973, Herbert Stein, in a jocular mood, spoke of Phase Solomon, a reference to Solomon's battle to keep food prices down.

The files are arranged in three series: Chronological Files, Administrative Files, and Subject Files. The Administrative Files are divided into two subseries: Memoranda for the President Files, arranged chronologically; and White House Staff Files, arranged alphabetically by folder title. The Subject Files, which comprise approximately 94 percent of Solomon's materials, are arranged alphabetically by folder title. Nine folders entitled "Miscellaneous Correspondence" contain some duplication of materials found in the Chronological Files.

Series Description

Boxes:   1
Series:   Chronological Files | Folder Title List
Spans:   1971-1973
Description:   Correspondence and drafts relating to the securities industry, the President's new economic policy, trade policy, Hunt Commission Report, research and development (R & D) incentives, and youth unemployment. Arranged chronologically.

Boxes:   1-3
Series:   Administrative Files | Folder Title List
Spans:   1973-1973
Description:   This series is divided into two subseries: Memoranda for the President Files (box 1) include copies of memoranda signed by McCracken, Stein, and Solomon as Acting Chairman. Topics covered include exchange rates, stock and bond markets, monetary and financial conditions, prime rate, GNP, employment, economic indicators, consumer price index (CPI), industrial protection, balance of payments, and retail sales. Arranged chronologically. White House Staff Files (boxes 1-3) include correspondence, memoranda, reports, notes, and press releases. Topics covered include the budget, annual economic report, preparation of reports and speeches, staff schedules, use of White House Mess, exchange rates, interest rates, trade, monetary and financial conditions, economic policy, and international monetary reform. Arranged alphabetically by folder title.

Boxes:   3-27
Series:   Subject Files | Folder Title List
Spans:   1971-1973
Description:   Correspondence, memoranda, papers, draft minutes, reports, press releases, and printed material. Topics include invitations to meetings and conferences, the Council on International Economic Policy (CIEP), preparation of economic report, fuel and energy policy, financial structure and regulation, international monetary system, R & D incentives, recruiting staff for the CEA, technology leadership, and the Organization for Economic Cooperation and Development (OECD). Arranged alphabetically by folder title.

Folder Title List

Series I: Chronological Files, 1971-1973

Box 1

Chronological File [Aug.-Dec.] 1971
Chronological File 1972 [1 of 2]
Chronological File 1972 [2 of 2]
Chronological File [Jan.-Mar.] 1973

Series II: Administrative Files, 1971-1973
Sub-Series A: Memoranda for the President Files

Memos for the President 1971 [1 of 2]
Memos for the President 1971 [2 of 2]
Memos for the President 1972 [1 of 2]
Memos for the President 1973

Sub-Series B: White House Staff Files

Box 2

Monetary and Financial Developments [1 of 2]
Monetary and Financial Developments [2 of 2]
Press Conferences/Releases: White House [1 of 2]
Press Conferences/Releases: White House [2 of 2]
Vice President
Weekly Report on International Finance [1 of 2]
Weekly Report on International Finance [2 of 2]
White House Mess

Series III: Subject Files, 1971-1973

Box 3

White House Staff [Memos to and From]: Atkins, Ollie
White House Staff [Memos to and From]: Colson, Chuck
White House Staff [Memos to and From]: Connally, John
White House Staff [Memos to and From]: Dent, Harry
White House Staff [Memos to and From]: [Evans, John et. al]
White House Staff [Memos to and From]: Flanigan, Peter
White House Staff [Memos to and From]: Harper, Edward
White House Staff [Memos to and From]: Hinton, Deane R.
White House Staff [Memos to and From]: Huntsman, Jon
White House Staff [Memos to and From]: Kissinger, Henry
White House Staff [Memos to and From]: Magruder, William M.
White House Staff [Memos to and From]: O'Donnell, Patrick
White House Staff [Memos to and From]: Peterson, Peter
White House Staff [Memos to and From]: Safire, William
White House Staff [Memos to and From]: Whitaker, John C.
Awards
Bank of America
Bicentennial Planning
Black Caucus
Brookings Institution
Bureau of Labor statistics 1971: Employment Situation
Bureau of Labor Statistics 1971: Wholesale Price
Indexes
Business Council
Central Intelligence Agency [CIA] 1971 [1 of 3]
Central Intelligence Agency [CIA] 1971 [2 of 3]

Box 4

Central Intelligence Agency [CIA] 1971 [3 of 3]
Central Intelligence Agency 1973
[Chicago University]
CIEP Review [1 of 2]
CIEP Review [2 of 2]
CIEP Review Meeting

Box 5

CIEP [1 of 4]
CIEP [2 of 4]
CIEP [3 of 4]
CIEP [4 of 4]
[CIEP] Review Group Meeting Jan. 12, 1972
CIEP Task Force Draft Report
Commerce Department [1 of 2]
Commerce Department [2 of 2]

Box 6

Commission on Government Procurement
Committee on Interest and Dividends
Congressionals 1971
Coordinating Group
Cost of Living Council
Cronin, Richard
Defense Department
Direct Investment Task Force [Draft] Nov. 31, 1971
Direct Investment Task Force [Summary Report]
Economic Report 1971

Box 7

Economic Report 1973 [1 of 6l
Economic Report 1973 [2 of 6]
Economic Report 1973 [3 of 6]
Economic Report 1973 [4 of 6]
Economic Report 1973 [5 of 6}
Economic Report 1973 [6 of 6]
Education 1972

Box 8

Emergency Loan Guarantee Board
Employment Task Force [1 of 4]
Employment Task Force [2 of 4]
Employment Task Force [3 of 4]
Employment Task Force [4 of 4]
Energy 1972 [1 of 2]
Energy 1972 [2 of 2]

Box 9

Energy Committee
Energy Staff Man
Exchange Rate Realignment
Federal Home Loan Bank Board
Federal Reserve Bank - St. Louis
Federal Reserve Board [1 of 2]
Federal Reserve Board [2 of 2]
Fuel and Energy 1971 [1 of 2]
Fuel and Energy 1971 [2 of 2]
Fuel Supply and Fuel Transportation

Box 10

Hearings on the Debt Housing
Hunt Commission [1971-1972] [1 of 4]
Hunt Commission [1971-1972] [2 of 4]
Hunt Commission [1971-1972) [3 of 4]
Hunt Commission [1971-1972) [4 of 4]

Box 11

Hunt Commission [1972-1973] [1 of 4]
Hunt Commission [1972-1973] [2 of 4]
Hunt Commission [1972-1973] [3 of 4]
Hunt Commission [1972-1973] [4 of 4]
IMF Papers [1 of 2]
IMF papers [2 of 2]

Box 12

Inflation Alert 1971
Inflation - Unemployment - Manpower Study [1 of 2]
Inflation - Unemployment - Manpower Study [2 of 2]
International Data
International Events
International Finance
International Monetary System [1 of 2]

Box 13

International Monetary System [2 of 2]
Investment Tax Credits
Invitations
Japan
Japan - Economic Planning Agency [1 of 3]
Japan - Economic Planning Agency [2 of 3]
Japan - Economic Planning Agency [3 of 3]

Box 14

Joint Economic Committee Oct. 26, 1972
Joint Economic Committee 1973
Joint Economic Committee Testimony
Korean Controls
Labor Department
Labor Force 1972
Longshoremen's Strike
McCracken, Paul W.
McGovern Economists
Meat Imports
Meetings [Sept. 1971-June 1972] [1 of 4]
Meetings [Sept. 1971-June 1972] [2 of 4]
Meetings [Sept. 1971-June 1972] [3 of 4]

Box 15

Meetings [Sept. 1971-June 1972] [4 of 4]
Meetings [July 1972-Mar. 1973] [1 of 3]
Meetings [July 1972-Mar. 1973] [2 of 3]
Meetings [July 1972-Mar. 1973] [3 of 3]
Mid-Year Report [1 of 2]
Mid-Year Report [2 of 2]
Miscellaneous Correspondence [July-Dec.] 1971 [1 of 3]

Box 16

Miscellaneous Correspondence [July-Dec.] 1971 [2 of 3]
Miscellaneous Correspondence [July-Dec.] 1971 [3 of 3]
Miscellaneous [Correspondence] Jan.-Dec. 1972 [1 of 4]
Miscellaneous [Correspondence] Jan.-Dec. 1972 [2 of 4]
Miscellaneous [Correspondence] Jan.-Dec. 1972 [3 of 4]
Miscellaneous [Correspondence] Jan.-Dec. 1972 [4 of 4]

Box 17

Miscellaneous [Correspondence] Jan.-Mar. 1973 [1 of 2]
Miscellaneous [Correspondence) Jan.-Mar. 1973 [2 of 2]
Mortgage Interest Rates
National Bureau of Economic Research
National Commission on Productivity
National Security Council Report
New Economic Policy [Statements]
New York Times
NSSM 122 - Relations with Japan Aug. 6, 1971
OEEC
Office of Emergency Preparedness

Box 18

Office of Management and Budget
Office of Science and Technology
Oil
Oil Policy 1971-[1973] [1 of 3]
Oil Policy 1971-[1973] [2 of 3]
Oil Policy 1971-[1973] [3 of 3]
Other Economies

Box 19

Overwithholding
Pacific Telephone
Party (Ezra Solomon) Mar. 1973
Pension Reform
Post Office Labor Problems - John Ehrlichman's Office
Price Commission
Public Management Sources 1971
Questions & Answers - JEC Hearings 1972
R&D (ES File) [1 of 2]
R&D (ES File) [2 of 2]
R&D Task Force Meetings 1971

Box 20

R&D Task Force Aug.-Sept. 1971 [1 of 4]
R&D Task Force Aug.-Sept. 1971 [2 of 4]
R&D Task Force Aug.-Sept. 1971 [3 of 4]
R&D Task Force Aug.-Sept. 1971 [4 of 4]
R&D Task Force on Technology Oct. 1971 [1 of 2]
R&D Task Force on Technology Oct. 1971 [2 of 2]

Box 21

R&D Task Force on Technology Nov. 1971
R&D Task Force on Technology Nov. 1971
R&D Task Force on Technology Dec. 1971
R&D Task Force on Technology Dec. 1971
R&D Task Force Jan.-[Feb.] 1972 [1 of 2]
R&D Task Force Jan.-[Feb.] 1972 [2 of 2]

Box 22

Reform of International Systems (ES) [1 of 2]
Reform of International Systems (ES) [2 of 2]
[School Finance Task Force] [1 of 2]
[School Finance Task Force] [2 of 2]
Securities Regulations 1971-[1972] [1 of 2]
Securities Regulations 1971-[1972] [2 of 2]
Senate Appropriations Committee [Statement] Feb. 1, 1972
Short-Term Forecasters Meeting Apr. 10-11, 1972
Sindlinger's Daily Survey [1 of 2]

Box 23

Sindlinger's Daily Survey [2 of 2]
Speeches [1 of 2]
Speeches [2 of 2]
Speeches 1972 [1 of 4]
Speeches 1972 [2 of 4]

Box 24

Speeches 1972 [3 of 4]
Speeches 1972 [4 of 4]
Staff 1972-[1973]
[State Department]
Steel 1971 [1 of 2]
Steel 1971 [2 of 2]
Taxes 1972
Textiles
Timber

Box 25

Transportation
Travel - Ezra Solomon
Treasury Department [1 of 2]
Treasury Department [2 of 2]
Troika [1 of 2]
Troika [2 of 2]

Box 26

U.S. Balance of Payments
U.S. Capital Controls [OFDI]
[U.S. Economy] - Potamianos, K.S. [Study Report]
U.S. Trade [1 of 2]
U.S. Trade [2 of 2]
U.S.S.R. Official Visits
Va1ue Added Tax
Wage-Price Controls Phase III
Wage-Price Freeze Aug. 15, 1971 [1 of 2]
Wage-Price Freeze Aug. 15, 1971 [2 of 2]

Box 27

Weber, Arnold
Williams Commission
Working Party No. 2 [1 of 5]
Working Party No. 2 [2 of 5]
Working Party No. 2 [3 of 5]
Working Party No. 2 [4 of 5]
Working Party No. 2 [5 of 5]
Working Party No. 3 Jan. 31, 1972

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