1 Includes materials for national defense.
2 Includes foreign currency loans amounting to $4,808,512,325 (see footnote 3).
Includes balances of foreign currencies in the dollar equivalent of $2,463,668,174.
These currencies, acquired primarily without the payment of dollars, were generated
under various Government programs, primarily the Agricultural Trade Development
and Assistance Act of 1954, as amended, and the Mutual Security Acts, as amended.
Dollar equivalents are computed, for reporting purposes, to provide a common denomi-
nator for the currencies of the many countries involved. Foreign currencies on hand
and on deposit, and loans under sec. 104(e) of the Agricultural Trade Development and
Assistance Act of 1954, are stated at the rates as of June 30, 1966, at which the United
States could purchase currencies on the market for regular operating purposes. Other
loans are stated at the rates at which they are to be repaid or at rates in effect when the
loans were extended. Currencies that are dollar denominated or guaranteed as to rate
of exchange, are stated at rates specified in the agreements.

Excludes $855,245,723 representing loans financed by the sale of certificates of inter-
est by the Commodity Credit Corporation to private financial institutions, and included
in the Corporation's liabilities.

Includes certain figures on personal property for the Department of Defense not
included under the special section of real and personal property of that Department
in this report.

Has been reduced by participation certificates issued under trust agreements by the
Federal National Mortgage Association, participation sales fund. The face amounts of
participation certificates outstanding for these programs as of June 30, 1966, were-

768, 700,000

206, 300,000

Represents judgments in favor of the United States transferred from other agencies.
No reduction has been made for possible uncollectible items.

8 Does not include the principal of World War I debt accounts amounting to
$11,427,523,084 on which payments have not been received since 1933.
Includes World War I indebtedness of Finland amounting to $4,892,000. Does not
include an amount of $28,102,000 representing loans to various States pursuant to an act
approved June 23, 1836, on which payments have not been received.
10 Excludes $1,385,005,723 representing loans financed by the sale of participation cer-
tificates to private financial institutions, and included in the Bank's liabilities.
*Less than $500.

NOTE.-All assets herein reported are shown in gross amounts, with no deductions for
allowances for losses and depreciation. Only wholly Government-owned corporation
assets and other wholly owned assets are included. Assets held under trust arrange-
ments and interagency assets, including public debt securities owned, are excluded.
The assets are, in the main, valued at acquisition cost (known or estimated).

Source: Furnished by the Treasury Department.

$130, 000, 000 655, 000, 000

350, 000, 000

PERSONAL PROPERTY INVENTORY OF THE ARCHITECT OF THE CAPITOL AS OF JUNE 30, 1966

Property under this heading is valued at acquisition cost and is located at the Capitol Building, Senate Office Buildings, House Office Buildings, and Grounds, including the Rayburn House Office Building; Capitol Power Plant and Grounds; Library Buildings and Grounds; U.S. Supreme Court Building and Grounds; and U.S. Botanic Garden and Nursery.

Personal property

1. Office furniture, furnishings, and equipment......... 2. Mechanical equipment.--

3. Supplies and materials (including plant material of Botanic Garden and Nursery)_.

4. Works of art.

5. Furniture, furnishings, and equipment, excluding restaurant furniture and equipment, of the Rayburn House Office Building-transferred to the Clerk of the House of Representatives, but being reported by the Architect of the Capitol for this report...

Total personal property---

$2, 211, 876. 07 1, 777, 493. 30

2, 146, 852. 41 1,589, 512. 80

2, 600, 000. 00 10, 325, 734. 58 35

Hon. WILLIAM L. DAWSON,

ARCHITECT OF THE CAPITOL, Washington, D.C., December 9, 1966.

Chairman, Committee on Government Operations,
House of Representatives, Washington, D.C.

MY DEAR MR. CHAIRMAN: In reply to an inquiry by a member of your staff concerning the inclusion of furniture, furnishings, and equipment procured for the Rayburn House Office Building by the Architect of the Capitol, the following information is submitted.

Furniture and furnishings, which normally fall under the jurisdiction of the Clerk of the House, were transferred to his control as indicated by the following extract from a letter of the Architect of the Capitol, dated June 23, 1966:

"Pursuant to direction of the House Office Building Commission, all furniture and furnishings purchased by the Architect of the Capitol for the Rayburn Building except restaurant furniture are hereby transferred to your jurisdiction and furniture and furnishings hereafter received will be transferred to you as outlined."

The approximate value of the furniture, furnishings, and equipment thus transferred is $2,600,000. Restaurant furniture and equipment have been included elsewhere in the personal property inventory report.

I hope the above information will enable you to include this property in your inventory report in an appropriate manner.

Sincerely yours,

J. GEORGE STEWART,
Architect of the Capitol.