There is no justification for tax reduction so long as price stability at sound levels has not been secured and business, employment, and national income continue at peak levels.

The present bill is not consistent with sound fiscal policy.

He has been one of the assistant counselors to the Board.

Now I am reappointing the three members presently on the National Labor Relations Board, Mr. Paul Herzog whose term expires in 1950, Mr. John Houston whose term expires in 1948, Mr. James Reynolds whose term expires in 1951, and J…

I haven't seen the letter and it wouldn't affect the message.

My position hasn't changed on that at all.

The Counsel is Denham.

I haven't discussed the matter with Dr. Steelman or anybody else.

A bold, comprehensive and fundamental review of all aspects of the organization and operation of the Executive Branch is required if our government is to be adequately equipped to meet the challenges it must face in a modern world.

I don't expect to grow a beard.

I have no comment on that because I don't know what's going to happen.

Did it have a cool reception? I didn't know that.

No, not yet. I will announce that.

I don't think so. I have no engagements from now until next Christmas that I know of.

I am going to appoint the Honorable James Forrestal, the Secretary of the Navy; the Honorable Arthur S. Flemming, Civil Service Commissioner; the Honorable Dean Acheson of Washington, D.C.; and the Honorable George H. Mead, Dayton, Ohio…

I couldn't answer you then because his name hadn't been presented to me at that time. It was presented and I thought he filled the bill, so I appointed him.

I imagine that they will follow the usual procedure of the Railway Labor Act.

I will take care of that when it comes up.