. Annual report of the Secretary of the Treasury on the state of the finances for the year ... H. Ellis OFFICE OF TREASURER OF THE UNITED STATES Treasurer of the United States Vacant Deputy Treasurer William T. Howell Assistant Deputy Treasurer Willard E. Scott UNITED STATES COAST GUARD Commandant, Coast Guard Admiral Willard J. Smith Assistant Commandant Vice Admiral Paul E. TrimbleChief of Staff Rear Admiral M. A. Whalen UNITED STATES SAVINGS BONDS DIVISION National Director William H. Neal Assistant National Director Elmer L. Rustad UNITED STATES SECRET SERVICE Director James J. Rowley


. Annual report of the Secretary of the Treasury on the state of the finances for the year ... H. Ellis OFFICE OF TREASURER OF THE UNITED STATES Treasurer of the United States Vacant Deputy Treasurer William T. Howell Assistant Deputy Treasurer Willard E. Scott UNITED STATES COAST GUARD Commandant, Coast Guard Admiral Willard J. Smith Assistant Commandant Vice Admiral Paul E. TrimbleChief of Staff Rear Admiral M. A. Whalen UNITED STATES SAVINGS BONDS DIVISION National Director William H. Neal Assistant National Director Elmer L. Rustad UNITED STATES SECRET SERVICE Director James J. Rowley Assistant Director (Administration) Phil W. Jordan Assistant Director (Investigations) Thomas J. Kelley Assistant Director (Protective Forces) Rufus Youngblood Assistant Director (Protective Intelligence) Walter Young COMMITTEES AND BOARDS Chairman, Treasury Management Committee A. E. Weatherbee Chairman, Treasury Awards Committee Amos N. Latham, Jr. Chairman, Treasury Wage Board Amos N. Latham, Jr. Employment Policy Officer Robert A. Wallace Principal Compliance Officer Robert A. Wallace. 22,7->572—67- XVII ANNUAL REPORT ON THE FINANCES Treasury Department,Washington, March 1, 1967. Sirs: I have the honor to report to you on the finances of theFederal Government for the fiscal year 1966. The main text of thisreport consists of a detailed review of Treasmy fiscal operations andadministrative reports of the offices under my supervision during thefiscal year 1966, along with supporting exhibits and statistical brief general introduction reviews the major fiscal and financialdevelopments that have taken place since the time of my last reportin early 1966. Overall Review During the calendar year 1966, the Federal finances were strength-ened by a sixth successive year of economic expansion. Gross nationalproduct—our most comprehensive measure of economic activity-—increased by more than 8?2 percent over 1965, reaching a rate of about$760 billion by the fourth


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