02/28/1951
https://www.presidency.ucsb.edu...
"In my judgment, the first step toward clarifying this situation is for a responsible public group to study this problem and recommend to the President and the Congress the course we should follow in o..."
"Neither, I feel, have we really thought through the full implications of our efforts to prevent the rest of the free world from trading with the Iron Curtain bloc."
"The Secretary shall transmit the said estimates to the Board of Governors of the Federal Reserve System."
"In performing its functions under this order the Board shall comply with the requirements of section 502 of the Defense Production Act of 1950, as amended."