01/26/1960
https://www.presidency.ucsb.edu...
"The United States will seek in cooperation with friendly countries to utilize its agricultural surpluses to increase consumption in those areas where there is demonstrable under-consumption."
"I request you to assume responsibility for organizing this Committee and to serve as its Chairman."
"The functions conferred upon the President by Title II of the Act are hereby delegated to the Director of the Foreign Operations Administration."
"The world supply and demand situation in agricultural products requires in the interest of the general welfare, an orderly and gradual liquidation of our surpluses."