1957-59 Advisory Council
Bios of Council Members
Elliott V. Bell
Editor and Publisher of "Business Week" magazine and Chairman
of the Executive Committee, McGraw-Hill Publishing Company, Inc., New
York, New York.
A.B. Columbia University, 1925; LL. D, Bard College, 1950 (Honorary),
St. Lawrence University, 1954 (Honorary); Financial Writer, The New York
Herald Tribune, 1929; Financial Writer, The New York Times, 1929-39; Economic
Advisor to Thomas E. Dewey, 1939-40; Research Consultant to Wendell L.
Willkie, 1940; Member, Editorial Board, The New York Times, 1941-42; Superintendent
of Banks of the State of New York, 1943-49. Director of: Chase Manhattan
Bank, New York Life Insurance Company, New York Telephone Company, Carrier
Corporation, American Agricultural Chemical Company, Revere Copper and
Brass, Inc., TriContinental Corporation, and McGraw-Hill Publishing Company,
Inc. Member of: Banking Board of the State of New York; Committee for
Economic Development (Research and Policy Committee); University Development
Plan Committee, Columbia University; and New York State Pension Commission.
Trustee of: Commission on Race and Housing, Fund for the Republic; Vassar
College; Teachers' Insurance and Annuity Association (of stock); John
Simon Guggenheim Memorial Foundation; and Community Service Society of
New York. Author of "We Saw It Happen" (with other New York
Times correspondents), 1938. First President: New York Financial Writers
Reinhard A. Hohaus
Vice-President and Chief Actuary, Metropolitan Life Insurance Company,
One Madison Avenue, New York, New York.
A.B. N. Y. State Coll. Tchrs. Albany 1917; With Little Textile Corp.,
Am. Purchasing Corp. 1919-21; Actuarial Div. Met. Life Ins. Co., N.Y.C.
1921-25; Asst. Actuary, 1925-40; Assoc. actuary, 1940-46; actuary 1946-52;
v.p. actuary 1952-53; Chief Actuary, 1953-; Chmn. N. Y. State Comm. on
Pensions, 1954--; Served with U.S.N. 1917-19; Fellow Soc. Actuaries (past
pres.) Internt'1 Congress actuaries (council). Contrb. articles profl.
Robert A. Hornby
President and Director of Pacific Lighting Corporation, 600 California
Street, San Francisco 8, California.
Education, Oakland Polytechnic High School, University of California,
Trained as an engineer, Civil Engineer. State of Calif. Certificate 3138.
Connected with the utility business since 1921; Dir. of Pacific Lighting
Corp. since 1945, and Pres. since 1956; a past Pres. of Pacific Coast
Gas Associ.; a Dir. of American Gas Assoc. and member of its executive
committee, Chairman of its Public Affairs Committee, member of its Committee
of Executives on Taxation, past Chairman of its National Committee on
Promotion, Advertising and Research; a Trustee of the Institute of Gas
Technology of Chicago, Illinois; a director of Wells Fargo Bank; Trustee
of St. Francis Memorial Hospital: Trustee and Vice President, American
Enterprise Association, Washington, D.C.; a Director, Third Vice President
and Chairman of Industrial Insurance Committee, California State Chamber
of Commerce; founder of San Francisco Volunteers for Better Government;
member of Budget Committee, United San Francisco Republican Finance Committee.
Joseph W. Childs
Vice-President of the United Rubber, Cork, Linoleum and Plastic Workers
of America; member of the AFL-CIO Committee on Social Security: URW Bldg.,
High at Mill Sts., Akron 8, Ohio.
Student publ. schs., Uniontown Pa.; Prodn. employee Gen. Tire and Rubber
Company, Akron, Ohio plant, 1933-49; pres. 1940, 46-49; mem. gen. exec.
bd. Internat. Union Rubber Workers--CIO, 1946-47; gen. v.p. United Rubber,
Cork, Linoleum and Plastic Workers of America CIO 1949; mem. exec.bd.
CIO, 1949-52; CIO member Region V, War Labor Board, Washington, 1944-45;
CIO member Region V, W.S.B., Cleveland, 1946; labor mem--Chmn. CIO sect.
Washington, 1952. Democratic City Councilman, Akron City Council 1942-43;
Mem Mayor's Citizen Finance Comm., Akron, 1949-52; Co-Chmn, Council for
Co-op Development, 1951-52. Member, bd. dirs. Chests. and Councils of
America, Inc., 1950-52.
Nelson H. Cruikshank
Director, Department of Social Security, AFL-CIO, Washington, D.C.
Labor economist; student Oberlin Coll. 1920-21, A.B. Ohio Wesleyan 1925;
B.D. Union Theol. Sem. New York, N.Y. 1929; Dir. Social Service Dept.
Brooklyn (N.Y.) Fedn. of Chs., 1931-33; labor education services, government
adviser, 1933-42; exec. asst. to labor member National Management Labor
Policy Committee, War Manpower Commission, 1943-44; director European
Labor div., EGA since Nov. 1950; member of AF of L advisor to President's
Council of Econ. Advisers, 1948-50; member of U.S. delegation to First
General Assembly of World Health Orgn. Geneva, 1948, Rep. AFL at Econ
and Social Council of U.N. Geneva, 1948; member national hospital advisory
council of U.S. Public Health Service, 1946-50; dir. social insurance
activities AFL, 1953--; Mem.U.S. National Comm. for the U.N. Educational
Sci. and Cultural Orgn. (exec. comm.) 1946-50; Nat. Planning Assn. (Mem.
Labor comm.) Mem. U.S. delegation to 1st general conference UNESCO Paris,
Nov. Dec. 1946. Meet. Seafarer's Internat'l Union. Contbr. Labor and Religious
General Secretary-Treasurer, International Association of Machinists;
member of the AFL-CIO Committee on Social Security Int'l. Association
of Machinists, 1300 Connecticut Avenue N.W., Washington, D.C.
As a machinist apprentice joined Internat'l Assn. Machinists, 1913, held
various offices in local and dist. lodges until 1929, served as rep. of
Grand lodge, 1929-37, became acting gen. vice pres. 1937, gen. vice pres.
1940, apptd.,--to fill unexpired term of gen. sec. treas., 1944, elected
gen. sec. treas. 1945. Meet Labor Comm. National Planning Assn.
J. Douglas Brown
Dean of the Faculty and Professor of Economics, Princeton University,
A.B. Princeton, 1920, A.M. 1921, PHD, 1928, Litt. D. Rutgers University-1947,
Kenyon Coll. 1954; Dir. Industrial relations sect. Princeton University
1926-55; dean of faculty since 1946; Has served in many N.J. and Federal
Comms. and adv. comms. 1930; Member of staff of Committee on Economic
Security, 1934-5, assisting in development of old-age insurance program.
Chairman of Advisory Council on Social Security, 1937-38, which recommended
present form of OASI program. Special adviser to Secretary of Treasury
on social security, 1939. Member, Advisory Council of Social Security,
1947-48, and of other government committees on social insurance. Member,
Mobilization Program Advisory Committee, Office of Defense Mobilization
since 1956. Special consultant on manpower, Secretary of War, 1942-45;
consultant to Secretary of Labor, 1955; member of other government committees
on manpower and employment since 1930.
President, Federal Reserve Bank of Atlanta.
Prof. economics, U. of Ga., 1925-36; sec. Special Tax Commn. of Ga., 1929;
v.p. Federal Reserve Bank of Atlanta, 1938-41, 1st v. pres., 1941-46,
now pres.; v. chmn. Trust Co. of Ga., 1946-. Mem. econ. bd. Gov's. Fed.
Reserve System, 1936-38; mem. Spl. Commn. on Banking and Taxation, U.S.
Treasury, 1934; mem. American Technical Staff, Bretton Woods Monetary
and Financial Conference, 1944; Mem. Senate Finance Com.'s. Adv. Com.
on Social Security, 1947-48. Mem. Economic and Financial Mission to Peru,
1948. President Southern Economic Association, 1942. Editor Southern Economic
Journal, October 1933-April 1937.
Arthur F. Burns
Former Chairman, Council of Economic Advisers; now President, National
Bureau of Economic Research, Inc., New York, N.Y.
A.B., Columbia, 1925, A.M., 1925, Ph.D., 1934; LL.D., Lehigh University,
1952, Brown University, 1956, Dartmouth College, 1956, Oberlin College,
1956; L.H.D., Rutgers, 1955. Instr. economics, Rutgers University, 1927-30,
asst. prof., 1930-33, asso. prof., 1933-43, prof., 1943-44; via. lecturer
in economics, Columbia, 1941-42, via. prof., 1942-44, became prof. in
1944. Chairman President's Council of Economic Advisers, 1953-56; chmn.
Advisory Board on Economic Growth and Stability, 1953-56; chmn. Cabinet
Committee on Small Business, 1956. Mem. research staff, National Bureau
of Economic Research, since 1930, director research, 1945-53, President,
Dec. 1956 --. Mem. council of research, Inst. of World Affairs; mem. bd.
dirs., Nat. Bur. of Econ. Research, bd. dirs., Academy of Political Science,
research adv. bd., Rutgers U., advisory bd., Dept. of Economics, Princeton
U., mem. bd. dir. Nation-Wide Securities Company. Correspondent Institut
de Science Economique Appliquee. Fellow Am. Statis. Assn., Econometric
Soc., Amer. Acad. of Arts & Sciences; mem. Am. Philos. Soc., Am. Econ.
Assn., Phi Beta Kappa, Cosmos Club. Author: Production Trends in the United
States since 1870, 1934; Measuring Business Cycles (with W. C. Mitchell),
1946; Economic Research and the Keynesian Thinking of Our Times, 1946;
The Frontiers of Economic Knowledge 1954.
Carl H. Fischer
Professor of Insurance, School of Business Administration, University
of Michigan, Ann Arbor, Michigan
B.S. Washington (St. Louis) 1923; M.S. Iowa, 1930, PHD (Math) 1932; Special
Engineer, Am. Stat. Foundries, Ill., 1923-26; Instruc. Math, Beloit, Colorado,
1926-29; Asst., Iowa, 1929-32; Instruc. Minnesota 1932-33; Special Res.
Asst., Northwest Nat. Life Ins. Co. Minneapolis 1933-34. Instruc. Math,
Wayne, 1934-37; Asst. Prof. 1937-41; Univ. of Michigan, 1941-45, Assoc.
Prof. 1945-50; Prof. Actuarial Math. and Ins. 1950; Consulting Actuary
Fel. S. Actuaries; ASA: MAA; A. University, Tchrs. Ins.; Math. Stat. (Secy.
Treas. 1939-52); I. Brasileus Actuaries Demography; Mathematics Statistics;
Mathematics of life insurance and of investment.
T. Norman Hurd
Professor, Agricultural Economics; Land Economics, Cornell University,
Ithaca, New York.
B.S. Michigan State Coll. 1931; PHD. 1936, Cornell; Asst. Prof. of Agriculture
Economics, Cornell 1936-42; State Farm Manpower Dir., Albany 1943-45;
Asst. Prof. Agricul. Economics. Cornell 1946-48; Prof. 1949-50; Budget
Director, Albany 1950-54; Secy. of State Emergency Food Comm. 1947-48;
Chairman State Interdept'l. Farm and Food Processing Labor Comm. 1944-50;
East Coast Cont'g. Count. of Farm labor, Council State Govts. 1944-50;
Mem of State Bd. of Equalization and Assessments since 1950; Member of
Am. Farm Eco. Assoc.
R. McAllister Lloyd
Chairman and President, Teachers Insurance and Annuity Association of
America, New York
B.A., Harward, 1919; Norton-Hares Ambulance, France, 1917; 2d Lt. Infantry
U.S.A., 1918; Squadron A, N.Y. Nat. Guard, 1919-23. Clerk, Nat. City Bank
of N.Y., 1919-20; asst. trust officer of N.Y. Trust Co., 1920-30; Asst.
v.p. Bank of N.Y., 1930-36, v.p. 1936-45; pres. Teachers Insurance and
Annuity Assn. Am. since 1945, churn. since 1947; churn. and pres. College
Retirement Equities Fund since 1952; trustee Bowery Savs. Bank; N.Y.,
Grant Found., N.Y. Hist. Soc., Westminster School, Simsbury, Conn., Am.
Geog. Soc. of N.Y.; member N.Y. State Commission on Pensions, 1954-56,
N.Y. State Temporary Commission on Educational Finances, 1954-55; churn.
Finance Com. Social Science Research Council; member United National Advisory
Board on Investments.