05/17/1949
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"This is supplementary to the Economic Report of the President of January 7, 1949, and is transmitted in accordance with section 3 (b) of the Employment Act of 1946."
"I do not believe that the mining industry as a whole wants to adopt the policy that the Government should guarantee it against loss in time of emergency."
"Some incomes were disproportionately high."
"It is with these considerations in mind that I transmit to the Congress a brief summary of the economic situation and recommendations for action at this time."