Victor Perlo

Victor Perlo (May 15, 1912 – December 1, 1999) was an American Marxist economist, government functionary, and a longtime member of the governing National Committee of the Communist Party USA.

Victor Perlo was born May 15, 1912, in East Elmhurst, Queens, New York City, N.Y. Perlo was the son of ethnic Jewish parents who had both emigrated in their youth to America from the Russian empire.

His father, Samuel Perlo, was a lawyer and his mother, Rachel Perlo, was a teacher.

Perlo received his bachelor's degree from Columbia University in New York City in 1931 and master's degree in mathematics from the same school in 1933.

Late in 1932 or early in 1933, while still a student at Columbia, Perlo joined the Communist Party USA, an organization with which he was affiliated throughout his life.

Perlo married his first wife, Katherine, in 1933 and divorced in 1943.

Subsequently, he married his second wife, Ellen (whose uncle was Robert Menaker), with whom he remained for the rest of his life.

The couple had three children, a girl and two boys.

Perlo had varied interests, which included tennis, mountain climbing, and chess.

He was also a talented pianist.

After his graduation from Columbia in 1933, Perlo went to work as a statistical analyst and assistant to a division chief at the National Recovery Administration (NRA), remaining at that post until June 1935.

Perlo then moved to the Federal Home Loan Bank Board where he was an analyst for the Home Owners' Loan Corporation, establishing statistical analyses for properties mortgaged to the corporation and projecting long-term financial accounts.

Perlo worked in that capacity until October 1937.

In October 1937, Perlo left government service to work in the Brookings Institution, a liberal think tank established in 1916, where he stayed as a researcher for more than two years.

Perlo infiltrated through the United States Department of Commerce in 1938 to gather economic intelligence, and passed on intelligence concerning basic economic decisions he presented to Harry Hopkins, Secretary of Commerce.

He transferred to the Division of Monetary Research, and served under Harry Dexter White, followed by Frank Coe and Harold Glasser, all of whom were later alleged to be Soviet agents.

In November 1939, Perlo went to work in the US Department of Commerce, where he worked as a senior economic analyst in the Bureau of Foreign and Domestic Commerce.

Perlo moved to the Office of Price Administration (OPA) in November 1940, where he was head of the economic statistics division.

There Perlo engaged in the study of inflationary pressures in the American economy, particularly with the advent of World War II, which helped provide documentation enabling the institution of price controls.

Perlo remained in that capacity until leaving to become head of the aviation section of the Bureau of Programs and Statistics at the War Production Board (WPB).

Perlo's work at the WPB involved analysis of the various economic problems of aircraft production.

In September 1944 he was made a special assistant to the director of the Bureau of Programs and Statistics of the WPB.

During his time in the federal bureaucracy, Perlo was a contributor to the Communist Party's press, submitting articles on economic matters under a variety of pseudonyms.

He also secretly assisted I.F. Stone in gathering materials for various journalistic exposés.

About December 1945, Perlo went to the U.S. Treasury Department, where he worked in the Monetary Research department.

There he was an alternate member of the Committee for Reciprocity Information, which took care of technical work relating to trade agreements under the Reciprocal Trade Agreement Act and doing preparatory work for the International Trade Organization.

Perlo left government service in 1947, when his loyalty was called into question during an investigation by the House Unamerican Activities Committee.

Perlo denied allegations that he had spied for the Soviet Union.

A dedicated Communist, Victor Perlo allegedly headed the Perlo group of Soviet espionage agents in the United States.

Before World War II, Perlo had been a member of the Ware spy ring.

The Perlo ring included several important U.S. officials, including a Senate staff director, and the ring supplied the Soviet Union with economic, political, and military intelligence, including United States aircraft production figures.

In 1948, Perlo obtained a position as an economist for the Progressive Party, assisting the Presidential campaign of former U.S. Secretary of Agriculture and Vice President Henry Wallace.

Following the publication of his book Economics of Racism, Victor Perlo received the Myers Center award for his exceptional work on intolerance in North America.

In 1968, he signed the "Writers and Editors War Tax Protest" pledge, vowing to refuse tax payments in protest against the Vietnam War.

He died on December 1, 1999, at his home in Croton-on-Hudson, New York.

He was 87 years old at the time of his death.

Victor Perlo's papers are housed in the special collections department of Lewis J. Ort Library at Frostburg State University in Frostburg, Maryland.