Show Report Gets Approval from President Kennedy EXISTENCE OF inventive and flexible small business in all parts of our country is reassuring to a Nation which faces so many challenging tasks at home and President who once served as a member of the Senate Committee on Small Business said today in the initial report of the White House Committee on Small OF THE VITAL ROLE of small business both In peace and In time of national he must protect and improve its position in the national IN APPOINTING THE COMMITTEE a year the President asked the group direct its attention to the formulation of constructive policies and programs for the assistance of small BY SMALL BUSINESS Administrator John E. the White House Committee is also composed of representatives from the Bureau of the Council of Economics Federal Trade General Services Housing and Home Finance Agency and the Departments of Labor and THE REPORT NOTED THAT businesses are widely dispersed throughout the country and constitute n vast reserve of and materials In time of national IN DISCUSSING of Small Business to American the Committee Report existence of a large number of independent businesses helps to preserve thus insuring increased and high quality and reasonable prices for OTHER CONTRIBUTIONS OF small business to American life were improving efficiency and contributing to lessening and political control by big offering opportunities for the development of personal initiative and providing sources of new products and and diversifying employment THE COMMITTEE'S REPORT to the President is titled Business in the American Economy It's Contributions and Its The Role of the Federal Specific recommendations and suggestions for implementing the findings of the Committee will be presented to the President in the very near COPIES OF THE REPORT are available at all |