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him, said that he didn't think that was so, that Morgenthau didn't want it, that he was just a holding job, that he wanted to run form economics as that was his line.

However, in Bruere's final report to the President he evaluated all these things, including Sprague's recommendations. In his final report he said, “Mr. President, you don't need a great, over-all fiscal adviser. You don't need a great analysis of the fiscal problems. There's nothing new, nothing unique, nothing outside the a scope of the government that's involved in these things. What you need is a Secretary of the Treasury. If you have a real Secretary of the Treasury, who is really authorized to proceed, he can proceed. All these things are at his disposal - all these various implements and various types of knowledge.”

Everybody was throwing in different advice. The Federal Reserve Bank was throwing in some advice. Bruere went on, “If you have a Secretary of Treasury, whom you have confidence in, whom you trust and whom you empower, that is all you need. You don't need me or anyone else to make an analysis and to slip you information on the outside. You need a Secretary of the Treasury. I think you ought to appoint Henry Morgenthau. He's there. I've determined that he wants to be Secretary of the Treasury. He's bright and smart. He knows what it's all about. He'll do the job and