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Updated: May 5, 2025
But that situation is rapidly changing, and the REA program, which was materially stepped up for the fiscal year 1946, can be increased still more. It is my belief that a feasible and practical rural electrification program should be carried forward as rapidly as possible.
The remaining 950 million dollars will be paid initially in the form of non-interest-bearing notes issued by the Secretary of the Treasury. It is not anticipated that the fund will require in cash any of the 950 million dollars during the fiscal years 1946 and 1947. Consequently, no cash withdrawals from the Treasury will be required in connection with the fund in these years.
We have answered with the 42 thousand new hospital beds provided since 1946 through the joint efforts of the Federal Government and local communities. We have answered by helping eight million veterans of World War II to obtain advanced education, 196 thousand to start in business, and 64 thousand to buy farms.
Early in 1945 the Congress made available advances to State and local governments for planning public works projects, and recently made additional provision to continue these advances through the fiscal year 1946. I believe that further appropriations will be needed for the same purpose for the fiscal year 1947. The Congress has already made provision for highway programs.
Fifth, protection of a fair level of return to farmers in post-war agriculture. The year just past like the year after the first World War was marred by labor management strife. Despite this outbreak of economic warfare in 1946, we are today producing goods and services in record volume.
The Beloved poured forth His manifold blessings upon them and greatly admired their spirit. May His Spirit continue to guide, sustain and bless them in their future services and high endeavors for the promotion of His Faith. Your true and grateful brother, Shoghi 22 November 1946
We have already determined that the Philippine Islands are to be independent on July 4, 1946. The ravages of war and enemy occupation, however, have placed a heavy responsibility upon the United States. I urge that the Congress complete, as promptly and as generously as may be possible, legislation which will aid economic rehabilitation for the Philippines.
We all know what we have done, and I shall not review in detail the steps we have taken. Each major step was a milepost in the developing unity, strength and resolute will of the free nations. The first was the determined and successful effort made through the United Nations to safeguard the integrity and independence of Iran in 1945 and 1946.
A very proper requirement, in my opinion, would be that subsidies be removed as soon as it is indicated that the cost of living will decline below the present levels. The Second War Powers Act has recently been extended by the Congress for six months instead of for a year. It will now expire, unless further extended, on June 30, 1946.
Expenditures for these capital improvement programs are estimated at 30 million dollars in the fiscal year 1946 and 39 million dollars in the fiscal year 1947.
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