Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1918-03-05
BARUCH TOPS BOARD
OF WAR INDUSTRIES
President Appoints New York
Financial Expert to Sue
ceed Daniel Willard
FUNCTIONS ARE REVISED
Wider Powers Vested in Chairman,
With Other Members as
Advisors
WASHINGTON. March :,


President Wilson late this afternoon
announced the appointment Of Bernard
Baruch, New York financial expert, as
chairman Of the war Industries board
succeeding I1ncl Willard, president of
the Baltimore and ohio Railroad
The Presidents letter to Mr.. Barucl
was as follows:
II am writing To ask II you will not
accept appointment as chairman Of tho
War Industries Board. and | am going
to take the liberty ut the same time Of
outlining the functions. the constitution
and action Of the board rs think they
should now be established
THE functions Of the board should
be.
First. The creation Of new facilities
and the disclosing and If necessary the
opening up Of new or additional
sources Of supply
Second. The conversion Of existing
facilities, where necessary, TO new
uses
Third. The studlous conservation of
resources and facilities by scientific
commercial and industrial economies
Fourth. Advice to the several pur-
chasing agents of the Government with
regard to the prices to he raid
Firth. The determination wherever
y
and of delivery and of the proportion
ot any given article to he made immo-
dlately acceptable to the several pur-
chasing agencies when the supply of
thatartfcle Is insufficient either tenn
pofarlly or permanently
Sixth. The making of purchases for
the Allies
"Thc board should be constituted o.a
present and should retain, so far as
necessary and SO far as consistent with
the character and purposes Of the reor-
Ganlzatlon, it's present advisory agents.
out The ultimate decision of all aIts-
tlohs, except the determination of prices
should rest always with the chairman
the' other members aGting in "A 60 -opcr-
ative and advisory capacity.
The further organization Of advice
will Indicate below
I'm the determination of prioritics
of production when 1t Is not possible tc
have the fun supply of tho article that
Is needed produced ct once. the chair,
man should be assisted and so far as
practicable guided by the present prior.
tiles, organization or its equivalent.
Tn the determination of prioritios of
delivery. when they must be determined
ne should be assisted when necessary. IN
addition to the present advisory. prior.
operation of a committee constituted fol
the purpose and consisting Of officfa
representatives of the food administra.
tion, the fuel administration, the rail.
way administration, the shipping board
and the war trade board. In order that
when priority for delivery has beer
determined there may be common con.
sistent and concerted action to carry il
into effect
In the determination of prices the
chairman should be governed by the ad-
vice Of a committee consisting, beside
himself of the member of the board
Immediately charged with the study OF
raw materials and of manufactured
products, of the labor member of the
board, OF the chairman Of the Federal
Trade Commission the chairman of the
tariff commission and the fuel admins
traitor
The chairman should be constantly
and systematically inform; Il Of all con-
tracts. purchases and deliveries in order
that he may have always before him n
schematzed analysis OF the progress of
business in the several supply divisions
., the Government in all departments.