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I pledge him my support as a citizen of our Republic, and I ask you to give him yours. To him, to you, to all my fellow citizens, I say, Godspeed. May God bless our country and our cause. State of the Union Address Dwight D. Eisenhower February 2, 1953 Mr. President, Mr.
Creation of the Small Business Administration and recently enacted tax laws facilitating small business expansion are but two of many important steps we have taken to encourage our smaller enterprises. I recommend that the Congress extend the Small Business Act of 1953 which is due to expire next June.
It was in 1953 that the first Holsten-Roberts engine brought induced radio-activity into the sphere of industrial production, and its first general use was to replace the steam-engine in electrical generating stations.
From February 1953 through November 1954, the rate of increase of government-held surpluses has been reduced by our moving into use more than 2.3 billion dollars' worth of government-owned farm commodities; this amount is equal to more than seven percent of a year's production of all our farms and ranches. Domestic consumption remains high, and farm exports will be higher than last year.
This purpose was also significantly advanced in 1953 when, as one of the first acts of this Administration, restrictive wage and price controls were ended. An additional measure to strengthen the American system of competitive enterprise was the creation of the Small Business Administration in 1953 to assist existing small businesses and encourage new ones.
More than ten billion dollars were cut from the spending program proposed in the budget of January 9, 1953. Expenditures of that year were six and a half billion below those of the previous year. In the current fiscal year, government spending will be nearly four and a half billion dollars less than in the fiscal year which ended last June 30.
Notwithstanding we have just published the statistical book, giving the number of localities throughout the world where Bahá’ís reside, yet the Guardian would like to have accurate information now, based on the results of the elections on April 21, 1953.
I am happy to report substantial progress in the flow of immigrants under the Refugee Relief Act of 1953; however, I again request this Congress to approve without further delay the urgently needed amendments to that act which I submitted in the last Session. Because of the high prosperity in Germany and Austria, the number of immigrants from those countries will be reduced.
The coverage of the Social Security Act has been broadened since 1953 to make 11 million additional people eligible for retirement, disability or survivor benefits for themselves or their dependents, and the Social Security benefits have been substantially improved. Grants to the States for maternal and child welfare services have been increased.
When I came back to ATIC in July 1953 and took over another job, Lieutenant Olsson was just getting out of the Air Force and Al/c Futch was now it. He said that he felt like the President of Antarctica on a non-expedition year. While I had been gone, our instrumentation plan had been rejected.
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