07/27/1949
https://www.presidency.ucsb.edu...
"It is believed that the 'earmarking' of Federal tax revenues, as provided in the bill, constitutes undesirable tax and fiscal policy."
"We look to the Organization of American States for support of programs to raise living standards and to foster balanced economic development throughout the hemisphere."
"The 'earmarking' of tax collections amounts to preferential treatment of certain taxpayers and tends to weaken effective budgetary control of expenditures."
"We have demonstrated how much can be accomplished when nations temper their national aspirations with concern for the interests of all."