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CABINET MEETING, FEBRUARY 11, 1949* NATIONAL ARCHIVER AND Photo of new Cabinet. THE PRESIDENT Asked Webb to make statement. WEBB Expressed appreciation for cooperation he has received from other members of Cabinet. Brannan Made report of the break in grain market. Only speculators have been hit. The trading has been not in grain but in futures. SAWYER Trans-Arabian oil line is up again. We have been withholding ex- port licenses for pipe. Situation now indicates that pipe line licenses will be issued because steel companies say there are no domestic bidders for the type of pipe Arabians want. Believes that we now have a program which will get us manganese regardless of Russia. THE PRESIDENT Complimented Tobin for his testimony before Congressional Committee on labor legislation. TOBIN We have had highest employment in January in our history despite the stories appearing in the press. Recommended central authority to re- lease employment picture rather than piecemeal releases which distort the overall picture. Date this meeting not indicated by Connelly. From position between meetings Feb. 4 and Feb. 18, assume Feb. 11 to be correct.