“ The purpose this ordinance is to provide a representative Korean agency to advise concerning the stabilization of the cast of living and the fair destruction of essential commodities, the curbing of rising prices, the prevention of scarcities of consumer goods, the development of a coordinated program of production and distribution, and the elimination of economic conditions adverse to the welfare of the people Korea. ”

“ Members shall serve for such part of their time as the Chairman may require. They shall be compensated for service rendered, except that paid officials of the government shall receive no additional compensation. ”