You have got to increase those enough so that they can have enough to eat.

This surplus is one of the most important factors in combating inflation, and an essential element of prudent fiscal management.

I hope these charts will be helpful in understanding the 1949 budget.

It does. Yes.

No, that has not been prepared.

The decision is that we will eventually go ahead with the merchant marine program.

No, not in detail.

The policies on which this budget is based, therefore, mean that under present conditions of high costs, it is even more realistic and hard boiled than the 1948 budget was.

That is the simplest approach we could find to it, and was recommended by the Economic Advisers as the most satisfactory way of relieving the cost of living to the small taxpayer.

I don't think it has been a bit more difficult.

The Philippine Alien Property Administrator is authorized to transfer to the Republic of the Philippines in accordance with the provisions of section 3 of the Philippine Property Act of 1946, as soon as practicable after final payment of claims, costs, and expenses of administration, any property, or proceeds thereof, vested in or transferred to him pursuant to the Trading with the Enemy Act, as amended, and the Philippine Property Act of 1946.

The Philippine Alien Property Administrator is authorized to transfer to the Republic of the Philippines in accordance with the provisions of section 3 of the Philippine Property Act of 1946, prior to final adjudication of claims, costs, and expenses of administration when he deems it to be administratively feasible, and without further consideration for such transfer, property, or proceeds thereof, vested in or transferred to him pursuant to the Trading with the Enemy Act, as amended, and the Philippine Property Act of 1946, against which, in the judgment of the Administrator, no substantial claims, expenses, or costs of administration are likely to be chargeable.

That is what is intended.

The budget does reflect it properly, and if the Congress doesn't pass the appropriation, it will be just as if it didn't exist.

No, UNRRA will not be used.

I would appreciate your aid in securing the passage of the bill as soon as practicable.

I contemplate designating Major General Kuter as Chairman of the Board.

I would appreciate your aid in having the bill introduced in the Senate.