Harry Truman: “There is nothing like that under consideration by the Federal Reserve Board at the present time.”

The experience of this early period of public action showed that constant vigilance and competent professional guidance are essential to prevent irreparable losses.

They should be strong enough to see that unified multiple-purpose development is planned for, and works operated harmoniously in each basin-wide comprehensive system.

Without multiple-purpose river basin development, I believe that few of these accomplishments would have been possible.

By virtue of the authority vested in me by the Uniform Code of Military Justice, Article 140 I64 Stat. 107, 145); and as Commander in Chief of the armed forces of the United States, I hereby delegate to the Secretary of Defense the…