Presidential Papers, Doc#561 To Arthur Frank Burns, 3 February 1958. In The Papers of Dwight David Eisenhower
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Doc #562

Document #561; February 3, 1958
To Arthur Frank Burns
Series: EM, AWF, Administration Series
The Papers of Dwight David Eisenhower, Volume XIX - The Presidency: Keeping the Peace
Part IV: Recession and Reform; February 1958 to May 1958
Chapter 8: "To engender confidence"

 

Dear Arthur: I think the idea that you passed on to me from John Jewkes is excellent, especially in a theoretical sense.1 When I read his final sentence, however, I wondered--as I often do--where all the money will come from if there isn't some rule of reason applied.2

Thank you very much for your expression of sympathy on the death of my brother Arthur. I deeply appreciate your thoughtfulness.3

With warm regard, As ever

1 Former chairman of the Council of Economic Advisors, Burns had written on January 30, 1958 (AWF/A). Burns had quoted from an article entitled "The Sources of Invention," by John Jewkes, a professor of economic organization at Oxford. In the article, which would later be published in book form (see John Jewkes, The Sources of Invention [London and New York, 1958]), Jewkes had argued for a society with a multiplicity of types of research agencies, such as universities, government research organizations, industrial research associations and nonprofit institutions. Since crucial discoveries could "spring up at practically any point and at any time," governments should try to "maintain the balance between the different sources of invention, to strive to prevent any one dominating to the exclusion of all others."

2 Jewkes had said: "As contrasted with the ideal ways of organizing effort in other fields, what is needed for maximizing the flow of ideas is plenty of overlapping, healthy duplication of efforts, lots of the so-called wastes of competition and all the vigorous untidiness so foreign to the planners who like to be sure of the future."

3 See no. 558.

Bibliographic reference to this document:
Eisenhower, Dwight D. To Arthur Frank Burns, 3 February 1958. In The Papers of Dwight David Eisenhower, ed. L. Galambos and D. van Ee, doc. 561. World Wide Web facsimile by The Dwight D. Eisenhower Memorial Commission of the print edition; Baltimore, MD: The Johns Hopkins University Press, 1996, http://www.eisenhowermemorial.org/presidential-papers/second-term/documents/561.cfm

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