1. JOHN MAYNARD KEYNES typed letter signed to ROY HARROD.
    June 5th 1942 3 pages, from The Treasury, Whitehall.
    "Control of Raw Materials.
    "1. I am in full agreement with the general principles which you lay dowm on the first page of your letter of June 4th....
    "2. I should accept your amendments in paragraph 15.
    "3. I do not think you do full justice to paragraph 16. Its purpose certainly is not to safeguard the Control against a short-term surprise excess, if you mean by that something due to an exceptional harvest or temporarily defective demand due to a trade slump.... The object is to provide Control with the means of facing a possible dilemma, that it may either have to reduce prices suddenly on a scale disastrous to producers, or allow itself to be overwhelmed with stocks exceeding all reasonable long-term prospects of subsequent use....
    "4. You have raised...a point which I had overlooked, namely, what is to happen to production in excess of the quotas. I meant to provide that the quotas determined not merely what the control was liable to buy, but set the maximum to the amount which the producer was allowed to export to any destination. This is what 16 (ii) meant to Say, but I now perceive that it does not. That I will correct..."
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  2. JOHN MAYNARD KEYNES "National Income and Expenditure after the War."
    June 9th 1942 typed memorandum, 4 pages. "I propose the following amendments to this paper in the light of criticisms which have reached me..", these amendments cover 9 separate paragraphs of four pages.
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  3. ROY HARROD typed memorandum to JOHN MAYNARD KEYNES.
    (June 1942) 3 pages, 2 copies. International Regulation of Primary Products. Proposed Amendments"
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  4. JOHN MAYNARD KEYNES typed letter signed to ROY HARROD.
    June 18th 1942 2 pages from Treasury Chambers.
    "Regulation of Primary Products. "..3. I am too doubtful at present about any plan for transferable quotas or the like to put anything forward.... A transferable quota system is not consistent with the frequent revision of quotas. I should prefer that an exporter wanting a larger quota at a lower price should buy his quota from the Control and not from the other members..."
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  5. JOHN MAYNARD KEYNES typed memorandum.
    June19th 1942, 2pages. "The international Regulation of Primary products. (Proposed Alterations to the Sixth Draft for the meeting on June 23rd at 11 a.m.)"
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  6. Another copy of the above with pencil corrections, with attached typed memorandum by Roy Harrod "Classification of Measures of international Economic Collaboration", of 4 pages.
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