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Document identity
localId
229036338
label
Memorandum on the Korean Situation from William C. Foster
core
doc
dtoType
document
pageCount
1
Source metadata
id
229036338
contentType
document
title
Memorandum on the Korean Situation from William C. Foster
collections
President's Secretary's Files (Truman Administration)
Korean War Files
imageCount
1
hasImages
yes
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import
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Source extras
naId
229036338
levelOfDescription
item
productionDates
day
23
logicalDate
1949-08-23
month
8
year
1949
recordType
description
ocrSource
nara-archive
Single page context
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1
pageIndex
0
type
photo
mediaId
87028bdcce6573a4
ocrText
Memorandum on Korean Situation Authorizing legislation to continue program at $150 million per annum rate has been reported out of both House Foreign Affairs and Senate Foreign Relations Committees. This legislation contains a provision for a $50 million RFC advance. Legislation is on calendar in Senate and is hung up in Rules Committee on House side. Information concerning Rules Committee hold up is that leadership is fearful of bringing out because of possibility of defeat on the floor. Operations have been continued from July 1 to August 15 under joint resolution. This resolution was not continued after August 15 for Korea. Hence there is now no authorizing legislation and no appropriation with the result that since August 15 we have maintained mission on a standby basis and authorized no new procurement. Have had hearing before Senate Appropriations Committee on an amendment to Third Deficiency Appropriation Bill which amendment would provide $12.5 million interim fund to operate until September 15. We believe it essential that not only should interim funds be made available by amendment to Third Deficiency Appropriation Bill but also that Korean authorizing legislation should be adopted before House goes into recess. If House recesses for three weeks without such action ECA would be faced with necessity of liquidating Korean operation. TROMAR ..NATIONAL Willia C. tistu AND to ARCHIVES SERVICE" RECORDS William c. Foster Acting Administrator Economic Cooperation Administration August 23, 1949