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OCR Page 1 of 6290
#1244
PARI
HOLD FOR RELEASE
HOLD FOR RELEASE
HOLD FOR RELEASE
TO
July 19, 1947
PARI
CONFIDENTIAL: The following statement by the Honoroble John R.
Steelman, together with the report on coal exports for the fiscal
year 1947 by the Coordinator of Emergency Export Programs, MUST BE
HELD IN CONFIDENCE UNTIL RELEASED.
NOTE:
Release is automatic at 6:00 P.M., E.D.T., today,
TOT Saturday, July 19, 1947. The same release applies to all newspapermen,
commentators and news broedcasters.
glad
03
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PLEASE GUARD AGAINST PREMATURE PUBLICATION OR ,NNOUNCEMENT.
ettogxe to salubados wan
CHARLES G. ROSS
918 to brte ent 03 qu eban
Secretary to the President
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July 19, 1947
The Assistant to the President today released a report from
Captain Granville Conway, Coordinator of Emergency Export Progroms,
showing that overseds shipments of U. S. coal during the past fiscal
year were greater then for any previous year.
The report, Mr. Steelman said, shows that elthough essential
recuirements of some European countries were not fully met, U. S. coal
exports were of vital assistance to world reconstruction. At the same
time,
he said, it indicates the need for continuing exports at a high level
in
the coming year.
The shortsge of coal in the war-torn countries, Mr. Steelman
said, perhaps more than any other single Pactor, has slowed down the
world's recovery from the devastation of war. "It is gratifying,
therefore, " he said, "that the U. S. in the fiscal year ending June 30,
ter
1947, was able to ship abroad -- and to the places where it was most
OW
gravely needed -- record-breaking amounts of coal, and to co this in
91
spite of production and shipping difficulties, without denying the needs
alls
of American consumers and industry. This record was made with a minimum
to
no of government participation and controls, through the cooperative efforts
of the industries concerned, working under policies and programs set by
the government. Large as these overseas shipments were, they amounted
to only about 5 tons out of every 100 the United States produced last
year. We know that these shipments will pay dividends for years to come
in improved economic conditions of many areas. Coal is needed in vast
quantities not slone to revive industry in devastated lands but to aid
in rehabilitating food production and food processing, The importance
of our shipmemts is made cleer by the fect that in recent months the
U. S. has been delivering a quentity of coal to Europe almost equal to
the whole usable output of the Ruhr area of Germany in the same period.
Ruhr coal has long been a jor element in European industrial production.
"Prospects for high production of coal in the U, S. in the
coming year are favorable. The needs of many other countries remein acute.
I am sure that the U. S. will continue to keep coal moving to them in large
amounts. To do this recuires the same cooperation that Captain Conway has
elicited from government, industry and the public during the past months.
AS he states in his report, it is important for Americen consumers to stock
their requirements early so as to make continuous high production and
movement possible. The people of this country as well as those of other
lands are indebted to Captsin Conway for the skill with which his office
has carried forward the export program.
.B Joegmi
01
The text of the report follows:
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