A joint resolution to authorize the establishment of a Joint Committee on Peace.

Establishes a "Joint Committee on Peace" to be composed of five members of the Senate to be appointed by the President of the Senate, and five members of the House to be appointed by the Speaker. Requires that in each instance not more than three members shall be of the same political party.

Directs the joint committee to make studies of ways to attain world peace. Requires Federal departments and agencies concerned with keeping and maintaining peace to keep the joint committee fully and currently informed, and to furnish any information with respect to the activities or responsibilities of that agency in the field of peace.

Requires the members of the committee who are Members of Congress to report to their respective bodies at least once a year.

Authorizes the joint committee to hold hearings or investigations, to require the attendance of witnesses and/or the production of documents at such hearings, and to make such expenditures as it deems advisable.

Allows only those measures and recommendations receiving the assent of the majority of the members of the committee to be reported from the committee.

Provides for the expenses of the joint committee to be paid equally from the contingent funds of the House and the Senate.

Authorizes such funds to be appropriated as may be necessary to carry out the provisions of this Act.

Gives the joint committee power to classify information originating within the committee in accordance with standards generally used by the executive branch for classifying restricted or defense data.

Requires the committee to keep a record of all committee actions including a record of the vote on any question on which a record vote is demanded.