Evening star., 1945-09-06
Continued from Page A-17D


mean that all lease-lend obligations
are to be Cancelled. We shall seek
under the procedure prescribed in
the Lease-Lend Act and in SUBJ
sequent agreements with other gov
ernments to achieve settlements of
our wartime lease-lend relations
which will permit generally a sound
worldwide economy and will con-
tribute to international peace and
our own national security.
We must turn from economic CO.
operation in war to economic CO.
operation in peace. We have taken
steps to carry out the Breton Woods
proposals for an international none
tary fund and an international
bank. We are preparing to extend
the operations of the Export Import
Bank. Our objective is to enablt
the peace-loving nations of the
world to become self-supporting in
a world of expanding freedom and
rising standards of living.
Need Further Legislation.
Further legislation is also neces-
sary. II we are to avoid the main
tenance of governmental monopoly
of international credit, the Johnson
Act must be repealed. Private loans
on a sane basis are an essential ad-
junct to the operations of the Ex-
port-Import and International Bank
operations.
am directing the executive agen-
cies to give full weight to foreign re-
quirements in determining the need
for maintaining domestic and export
controls and priorities.
We have already solemnly stated
that we will do all that is reasonably
possible to help war-town countries
to get back on their feet. I am sure
that the Congress will wish the Gov
ernment to live up to that pledge
Further legislative action is need
ed in connection with the United
Nations Relief and Rehabilitation
Administration. I recommend that
the Congress fulfill the commitment
already made by appropriating the
remaining $3.50 ,000,0 granted by
the Congress for United States par.
ticipation.
Council Meeting Successful.
The council meeting of the United
Nations Relief and Rehabilitation
Administration has just beer
brought to a successful conclusion
At that meeting our delegate foune
the need for an additional contribu
lion from all participating countries
to enable the United Nations Relic
and Rehabilitation Administration
to complete its work in Europe ant
Asia. On his motion, the council
voted to recommend to membe
countries a further contribution
Our own share will amount to ap
proximately 1,350000,000 I an
confident that you will find this re
quest for an additional authorize
ton and appropriation fully justi
fed, and I ask for prompt examina
ton and consideration of the re
quest.
In meeting the needs of thu
United Nations Relief and Rehabili'
tation Administration surplus mill
tary and lend-lease goods will bt
used to the fullest possible extent.
Finally, I foresee the need fol
additional interim lending power tt
insure rapid and successful
transition to peacetime world trade
Appropriate recommendations viii
be made to the Congress on thi!
matter when we have completed tht
exploratory conversations alread.
begun with our associates. We wish
to maintain the flow of supplies
without interruption. Accordingly
I have directed the executive agen
cies to complete their conversation
and studies at the earliest possibl,
moment. I ask the Congress TO
speedy consideration of the recon
mendations when they are made.