[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1879 Introduced in House (IH)]
107th CONGRESS
1st Session
H. R. 1879
To authorize the President to award a gold medal on behalf of the
Congress to Peter F. Drucker, the father of modern management, in
recognition of his accomplishments as a journalist, a writer, an
economist, and a philosopher.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
May 16, 2001
Mr. Radanovich introduced the following bill; which was referred to the
Committee on Financial Services
_______________________________________________________________________
A BILL
To authorize the President to award a gold medal on behalf of the
Congress to Peter F. Drucker, the father of modern management, in
recognition of his accomplishments as a journalist, a writer, an
economist, and a philosopher.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. FINDINGS.
The Congress finds the following:
(1) Professor Peter F. Drucker, the father of modern
management, is one of the most influential and widely read
philosophers and writers on modern organizations and
management.
(2) Peter F. Drucker was born in Vienna, Austria, was
educated there and in England, earned a doctorate in public and
international law while working as a newspaper reporter in
Frankfurt, Germany, and then worked as an economist at an
international bank in London.
(3) In 1937, Peter F. Drucker came to the United States and
published his first book, ``The End of Economic Man'', in 1939.
(4) Peter F. Drucker's management books include--
(A) ``The Practice of Management'' (1954);
(B) ``The Effective Executive'' (1967);
(C) ``Management: Tasks, Responsibilities,
Practices'' (1974);
(D) ``Managing in Turbulent Times'' (1980);
(E) ``Innovation and Entrepreneurship'' (1985); and
(F) others that are international best sellers and
have been translated into more than 20 languages.
(5) Peter F. Drucker has also written--
(A) an important analysis of economics, politics,
and society;
(B) an autobiography called Adventures of a
Bystander (1978);
(C) two novels; and
(D) several volumes of essays.
(6) Peter F. Drucker has been a frequent contributor to
various magazines and journals over the years and is an
editorial columnist for The Wall Street Journal.
(7) Peter F. Drucker's latest book, Managing the Non-Profit
Organization, was published in November 1990.
(8) Over the course of six decades, Drucker has become the
most sought-after advisor to the chief executive officers of
major corporations.
(9) Peter F. Drucker invented the term ``management by
objectives'' and helped develop objective measures for pay and
promotion.
(10) Peter F. Drucker identified the importance of the
``knowledge worker''--the elite of the white-collar workforce--
earlier than almost anyone else.
(11) Peter F. Drucker began as a professor of politics and
philosophy at Bennington College.
(12) For more than 20 years, Peter F. Drucker was a
professor of management at the former Graduate Business School
of New York University.
(13) Since 1979, Peter F. Drucker has been Marie Rankin
Clarke Professor of Social Science and Management at the Peter
F. Drucker Graduate School of Management of the Claremont
Graduate University in Claremont, California.
(14) Peter F. Drucker's distinguished career has helped to
revolutionize management both in theory and in practice.
(15) Peter F. Drucker's ability to grasp new ideas was
crystallized in the role he played helping General Electric's
jet engine division revolutionize the commercial aircraft
business, helping General Electric's jet-engine executives,
``all of whom were technically oriented, most of whom came out
of the military, understand the value system of potential
customers.''
(16) Peter F. Drucker's contributions to the world of
management have revolutionized the techniques modern businesses
are using to move ahead as well as strengthened the foundations
on which those businesses are built.
SEC. 2. CONGRESSIONAL GOLD MEDAL.
(a) Presentation Authorized.--The President is authorized to
present, on behalf of the Congress, a gold medal of appropriate design
to Peter F. Drucker, in recognition of his accomplishments as a
journalist, a writer, an economist, and a philosopher.
(b) Design and Striking.--For the purpose of the presentation
referred to in subsection (a), the Secretary of the Treasury
(hereinafter in this Act referred to as the ``Secretary'') shall strike
a gold medal with suitable emblems, devices, and inscriptions, to be
determined by the Secretary.
SEC. 3. DUPLICATE MEDALS.
Under such regulations as the Secretary may prescribe, the
Secretary may strike and sell duplicates in bronze of the gold medal
struck under section 2 at a price sufficient to cover the costs of the
bronze medals (including labor, materials, dies, use of machinery, and
overhead expenses) and the cost of the gold medal.
SEC. 4. NATIONAL MEDALS.
The medals struck under this Act are national medals for purposes
of chapter 51 of title 31, United States Code.
SEC. 5. FUNDING AND PROCEEDS OF SALE.
(a) Authorization.--There is hereby authorized to be charged
against the United States Mint Public Enterprise Fund an amount not to
exceed $30,000 to pay for the cost of the medals authorized by this
Act.
(b) Proceeds of Sale.--Amounts received from the sale of duplicate
bronze medals under section 3 shall be deposited in the United States
Mint Public Enterprise Fund.
<all>
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Domestic Monetary Policy, Technology and Economic Growth.
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