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XII. Selected correspondence and materials, etc.—Continued

A. Comments on the status of small business, etc.-Continued
(b) Article by Willard F. Mueller, "The
Merger's Impact on the Community,"
AFL-CIO American Federationist, June
1971..

(c) Remarks in the House of Representatives
by Representative Roman C. Pucinski,
Workers, Conglomerates, and World
Corporations,' the Congressional
Record, July 13, 1971...

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(d) Article by Samuel Sharkey, Jr., "Workers:
The Big Losers in Conglomerate Mer-
gers,"
"Newhouse News Service--

9. Commentary on corporate social responsibility.
(a) Correspondence between Dr. I. M. Jarett
and Senator Nelson_

(i) Letter dated Dec. 20, 1971, from
I. M. Jarett, Ph. D., Director,
Department of Health Care
Planning, School of Medicine,
Southern Illinois University, to
Senator Nelson, Chairman, Sub-
committee on Monopoly.

(ii) Letter dated Mar. 29, 1972, from
Senator Nelson to Dr. Jarett__

(b) "Market Place" column by Robert Metz,
"How to Press Pollution Fight," the
New York Times, May 9, 1972

(c) Speech by David F. Linowes, "Measuring
Social Programs in Business-A Social
Audit Proposal for Immediate Imple-
mentation," Apr. 28, 1972.

(d) Article by Rodman C. Rockefeller, "The
Role of Business-Doing Well or Doing
Good," Looking Ahead, monthly report
of the National Planning Association,
Sept. 1972.

(e) Article by George Melloan, 'Business
Morality and Its Vocal Critics," the
Wall Street Journal, Aug. 26, 1971.
(f) Committee for Economic Development,
Social Responsibilities of Business Cor-
porations A Statement on National Policy
by the Research and Policy Committee of
the Committee for Economic Development,
June 1971..

10. Correspondence illustrating the problems and dis-
advantages of small business in dealings with big
business..

(a) Letter dated Sept. 7, 1971, from G. E.
Hileman, Jerry Hileman & Co., to Sen-
ate Select Committee on Small Busi-

ness..

(b) Letter dated Sept. 10, 1971, from Chester
H. Smith, staff director and general
counsel, Senate Small Business Com-
mittee, to Mr. Hileman...

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(c) Letter dated Sept. 13, 1971, from Mr.
Hileman to Mr. Smith__

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(d) Letter dated Sept. 15, 1971, from Mr.

Smith to Mr. Hileman_.

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XII. Selected correspondence and materials, etc.-Continued

B. Materials illustrating certain types of corporate information
disclosure, etc.—Continued

9. "Corporate Military Contracting 1971," Economic
Priorities Report of the Council on Economic Priori- Page
ties, Jan.-Feb. 1972.

10. Bureau of the Census notice, "1967 Census of Manu-
factures-Location of Manufacturing Plants," April
15, 1971.

C. Materials on governmental and political secrecy as exemplar
for and partner of corporate secrecy,

1. Article by Morton Mintz, "Drug Firm Silent on
Political Memo," the Washington Post, July 6,
1971.

2. Article by Nicholas Wade, "Freedom of Information:
Officials Thwart Public Right to Know,'
," Science,
Feb. 1972.

3. Article by Francis E. Rourke, "Presidential Power-
The Convenience of Secrecy," the Nation, July
24, 1972.

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4. Federal Power Commission, "Order adding a new
section 141.61 to Title 18 of the Code of Federal
Regulations prescribing fuel reporting," FPC
Order No. 453, Docket No. R-432, June 7, 1972. 3426
5. List compiled by Edward Cambio and Helen Dalrym-
ple, "Advisory Bodies Created by the President
and by Congress, 1955 through April 5, 1972,"
Congressional Research Service, Library of Con-
gress, July 14, 1972____.

D. Materials on accounting and economic principles and
problems relating to corporate disclosure and corporate

secrecy

1. Question prepared for discussion at future hearing
sessions, on the Standard Industrial Classification
(SIC)...

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2. A corporate financial executive's view: article by
Donald P. Jones, "Management freedom in annual
reports,' Financial Executive, August 1971----
3. An economist's view: excerpt from John M. Blair,
Economic Concentration, chapter_22, "The Com-
petitive Approach: Preventing Further Concen-
tration".

4. Bibliographical note: "Revised Indexes to ISIC"
(International Standard Industrial Classification),
Statistical Reporter, July 1971..

5. Excerpt from Joe S. Bain, Industrial Organization,
second ed___

6. Alfred Rappaport and Eugene M. Lerner, A Frame-
work for Financial Reporting by Diversified Com-
panies, National Association of Accountants
Research Study...

7. Editorial by Robert M. Bleiberg, "Credibility
GAAP The Accounting Profession Is Working
Hard to Bridge It," Barron's, Dec. 27, 1971_-_.
8. Article by William R. Kinney, Jr., "Predicting
Earnings: Entity versus Subentity Data," Journal
of Accounting Research, Spring 1971.
9. Correspondence between CNA Nuclear Leasing,
Inc. and Senate Small Business Committee..
(a) Letter dated Jan. 24, 1972, from Alvin
Zises, chairman of the board, CNA
Nuclear Leasing, Inc., to Senator Bible,
Chairman, Senate Small Business Com-
mittee_...

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XII. Selected correspondence and materials, etc.-Continued
D. Materials on accounting, etc.-Continued

Enclosure: Memorandum dated
Jan. 20, 1972, Capitalization of
leases is detrimental to the public;
would raise power and transportation
rates; harm small business; and
adversely affect American competi-
tive strength in world trade".

(b) Letter dated Jan. 31, 1972, from Mr. Zises
to Senator Bible...
Enclosure: copy of letter dated Jan. 19,
1972, from Representative Chet
Holifield to Richard C. Lytle, ad-
ministrative director, Accounting
Principles Board...

Enclosure: Copy of letter written by
Representative Holifield to Walter J.
Oliphant, president, American Insti-
tute of Certified Public Account-
ants__

(c) Letter dated Feb. 4, 1972, from Senator
Bible to Mr. Zises---

(d) Letter dated Feb. 14, 1972, from Mr. Zises
to Senator Bible..

Enclosure: Article,_“Leasing's Role
in Machinery Financing, Nevr
England Business Review, monthly
of the Federal Reserve Bank o
Boston, Sept. 1961..

E. Corporate secrecy and the economic stabilization prograni
(wage and price controls) --

1. Excerpt from S. 2891, 92d Congress, first session, t
bill to extend and amend the Economic Stabiliza-
tion Act of 1970, as reported...

2. Excerpt from S. Rept. No. 92-507, to accompany
8. 2891, 92d Congress, first session---

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3. Amendment (No. 758) to S. 2891, dated Nov. 24,
1971, intended to be proposed by Senator Nelson
(for himself and Senators Harris, Hart, Metcal
and Proxmire) – –

4. Debate and rollcall in the Senate on disclosur
amendment to S. 2891, 92d Congress, 1st session
the Congressional Record, Nov. 30, 1971...
5. Debate and rollcall in the House on disclosure
amendment to economic stabilization extension
bill, the Congressional Record, Dec. 10, 1971----
6. Article by Albert R. Hunt, "Price Panel Struggles
With Tough Issue Of Public Release of Facts
Behind Boosts," the Wall Street Journal, Dec. 18,
1971...

7. Paper by Samuel M. Loescher, "How to Achieve
Full Employment Without Inflation," Oct. 19,

1971_..

8. Revised draft amendment to Economic Stabiliza-
tion Act of 1970 to provide for certain corporate
information disclosure..

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