Fred R. Fairchild

(1877-1966) born at Crete, Saline County. Educator and economist, author of several books and published reports in field of public finance, including a proposal to U.S. Treasury Department in 1939 that there be no increase in Federal taxes as long as budget was unbalanced, was co-author of popular text Elementary Economics (1926) that ran through five editions until 1950s; as consultant to Congressional committees in 1930s, he advised against doctrine that Government spending promotes prosperity. Consult New York Times obituary, April 15, 1966, p. 39 and National Cyclopedia of American Biography, Vol 54 (1973) 14-15 and Dictionary of American Biography, Sup 8 (1988) 165-166.

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