Harry Truman actually said...

I have today signed H.R. 4754 which was passed by the Congress 'To simplify the procurement, utilization, and disposal of Government propert...

It also states that all purchases and contracts for supplies and services shall be made by advertising, except under circumstances specified...

The basic need, however, remains to assure favorable price and adequate service to the Government.

A better system of property and records management has been needed by the Federal Government for many years.