TABLE 26.-Average annual flood control and conservation benefits from the recommended program [Present values of the benefits which are given in table 24] 1 Includes public flood-control benefits in the delta unit which result from reductions in run-off and sediment from these upland drainage units. * Made possible by the reduction in frequency of flooding. TABLE 27.-Comparison of average annual costs and benefits of the recommended flood-control program Included for comparative purposes and to round out the picture of a complete program for the entry uplands of the Yazoo watershed. (See H. Doc. 892, 77th Cong., 2d sess.) Includes conservation or on-site benefits on public land. о 78TH CONGRESS HOUSE OF REPRESENTATIVES 2d Session ESTIMATES OF APPROPRIATION FOR THE FOREIGN ECONOMIC ADMINISTRATION, FISCAL YEAR 1945, INCLUDING AMOUNTS REQUESTED FOR DEFENSE AID (LEND-LEASE) COMMUNICATION FROM THE PRESIDENT OF THE UNITED STATES TRANSMITTING ESTIMATES OF APPROPRIATION FOR ADMINISTRATIVE EXPENSES OF THE FOREIGN ECONOMIC ADMINISTRATION, ADMINISTRATIVE EXPENSES OF THE EXPORT-IMPORT BANK OF WASHINGTON, AND FOR DEFENSE AID FOR THE FISCAL YEAR 1945 MAY 8, 1944.-Referred to the Committee on Appropriations, and ordered to be printed THE WHITE HOUSE, Washington, May 5, 1944. The SPEAKER OF THE HOUSE OF REPRESENTATIVES. SIR: I have the honor to transmit for the consideration of Congress estimates of appropriation for administrative expenses of the Foreign Economic Administration, administrative expenses of the ExportImport Bank of Washington, and for defense aid for the fiscal year 1945, as follows: Salaries and expenses, Foreign Economic Administration___ $20, 881, 000 357, 200 3, 450, 570, 000 The details of these estimates are set forth in the letter of the Director of the Bureau of the Budget, transmitted herewith, in whose comments and observations thereon I concur. Respectfully, 69140 O 45 - 23 (Signed) FRANKLIN D. ROOSEvelt. The PRESIDENT, EXECUTIVE OFFICE OF THE PRESIDENT, The White House. BUREAU OF the Budget, Washington, D. C., May 2, 1944. SIR: I have the honor to submit for your consideration estimates of appropriations for the fiscal year 1945, for administrative expenses of the Foreign Economic Administration and the Export-Import Bank of Washington, and for defense aid in order further to carry out the provisions of the act entitled "An Act to promote the defense of the United States", approved March 11, 1941, as amended, as follows: Salaries and expenses, Foreign Economic Administration____ -- $20, 881, 000 357, 200 3, 450, 570,000 SALARIES AND EXPENSES, FOREIGN ECONOMIC ADMINISTRATION The major foreign economic operations of the United States have been centered in the Foreign Economic Administration. The estimate of appropriation for administrative expenses in the amount of $20,881,000 includes funds for administration of the Export Control Act; central administration of the lend-lease program; administration of programs for the development and procurement of strategic commodities in foreign countries; and collection, interpretation and analysis of information relating to the economy of enemy countries for use in economic warfare programs and reports. EXPORT-IMPORT BANK OF WASHINGTON The estimate for the Export-Import Bank of Washington contem plates an authorization for expenditure of funds of the Bank in the amount of $357,200 for administrative expenses during the fiscal year 1945. DEFENSE AID The total program anticipated under this estimate of appropriation amounts to $7,188,893,000 and has been prepared after consultation with representatives of the governments of the countries eligible for such aid, review by the Foreign Economic Administration of the requirements submitted by the lend-lease countries, and discussion and clearance of these reviewed requirements with the War Production Board, the Department of Agriculture, the War Shipping Adminis tration, the Treasury Department, the Petroleum Administrator for War, and other interested departments and agencies. It has been possible to reduce the new appropriation requested to $3,450,570,000 by inclusion of a proposed provision authorizing the use of the unobligated balances in the several categories of appropriation as of the end of the fiscal year. Another proposed provision authorizes the use, for the procurement of lend-lease agricultural and industrial products, of $88,299,000 received as a result of operations under the Lend-Lease Act. This sum consists primarily of money received from foreign governments in repayment for aid furnished under the Lend-Lease Act and money from the sale of commodities which have been furnished by foreign governments under reverse lendlease in addition to the supplies and services furnished to our forces as reverse lend-lease aid. The amount of the new appropriation requested has been further reduced by another proposed provision authorizing transfer of funds from the categories of appropriations for "Ordnance and ordnance stores," "Miscellaneous military equipment," and "Necessary services and expenses," since the existing authority to transfer funds from these categories has been exhausted. No funds for the procurement of finished munitions are requested in any category since appropriations of the War and Navy Departments are available for such purposes. There are attached three summary tables showing the details of the estimate for defense aid. Table 1 shows the cumulative and adjusted congressional appropriations, estimated obligations as of June 30, 1944, and estimated unobligated balances as of June 30, 1944. Table 2 shows the estimate, by categories, of the total fund requirements for fiscal year 1945. Table 3 shows the estimated unobligated balances at June 30, 1944, before and after adjustment for transfers, estimated fund requirements for fiscal year 1945 by categories, and the estimates of new appropriations required for 1945. The estimates of appropriations, the details of which are attached, are to provide funds for the administration of the foreign economic programs of this Government, and to carry forward the program of cooperation with those countries associated with us in the war. I recommend approval. Very respectfully, HAROLD D. SMITH, Director of the Bureau of the Budget. |