01/21/1948
https://www.presidency.ucsb.edu...
"There is an urgent need for this structure, not only from the standpoint of flood control, but also to provide additional electric energy and conservation of water to meet growing demands in the area."
"The Corps of Engineers should therefore be given funds to start building the dam at once under the authority of existing legislation."
"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."
"The decision is that we will eventually go ahead with the merchant marine program."