 In the summer of 1934, he was a consultant in the Office of the Secretary of the Treasury Department; in the summer of 1936 and spring-summer 1939, he was again a consultant at the Treasury.From the autumn of 1934 until the spring of 1939, he taught economics at the University of Toronto, remaining a member of its staff on leave for several years thereafter (in his testimony, Coe says "4, 5, or 6 years").Beginning in 1939, he worked adviser to Paul McNutt, then head of the Federal Security Agency, and in 1940 as assistant to Leon Henderson in the Office of Price Administration (then known as the National Defense Council).