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In 1938 he began to give evidence of his growing importance. In that year he put forward a plan to solve railroad troubles by a lease-lend procedure through which the railroads would get equipment in much the same way that Britain gets war goods under the Lease—Lend Bill. In that same year, he wrote an "influential memorandum" on the causes of the recession in which he discussed, among other things, Social Security taxes, and pointed out that compensatory Federal spending to stimulate heavy industry might be more flexible if concentrated outside the regular budget.  
 
In 1938 he began to give evidence of his growing importance. In that year he put forward a plan to solve railroad troubles by a lease-lend procedure through which the railroads would get equipment in much the same way that Britain gets war goods under the Lease—Lend Bill. In that same year, he wrote an "influential memorandum" on the causes of the recession in which he discussed, among other things, Social Security taxes, and pointed out that compensatory Federal spending to stimulate heavy industry might be more flexible if concentrated outside the regular budget.  
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In May of 1939, Currie gave testimony before the Temporary National Economic Committee. He reportedly showed that investments follow production and since 1932 State and local governments have been piling up savings so that the net Federal investment must be at least one billion dollars to provide equivalent purchasing power. In July of that year he was named President Roosevelt's personal Economic Advisor and Administrative Assistant.  
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In May of 1939, Currie gave testimony before the Temporary National Economic Committee. He reportedly showed that investments follow production and since 1932 State and local governments have been piling up savings so that the net Federal investment must be at least one billion dollars to provide equivalent purchasing power. In July of that year he was named President Roosevelt's personal Economic Advisor and Administrative Assistant. <ref>Testimony of Lauchlin Currie, August 13, 1948. Hearings Regarding Communist Espionage in the United States Government. Hearings before the [[Committee on Un-American Activities]]. U. S. Congress, House, 80th Congress, Second Session (Washington: Government Printing office, 1948) Part I, p. 852. </ref>
    
[[Whittaker Chambers]], a former affiliate of the Soviet Secret Intelligence Service in Washington, D. C., for the purpose of developing a government underground, stated that Lauchlin Currie was a 'fellow Traveler' who helped various Communists. This statement was made to a representative of the State Department when Chambers was questioned relative to individuals in the Government who were allegedly active in behalf of the Communist Party and the Soviet Union.
 
[[Whittaker Chambers]], a former affiliate of the Soviet Secret Intelligence Service in Washington, D. C., for the purpose of developing a government underground, stated that Lauchlin Currie was a 'fellow Traveler' who helped various Communists. This statement was made to a representative of the State Department when Chambers was questioned relative to individuals in the Government who were allegedly active in behalf of the Communist Party and the Soviet Union.
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