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In certain appropriations, such as those for long-cycle procurement, considerable carry-over of unliquidated obligations into future years is to be expected and is necessary. However, substantial further rescissions can and should be made when the war liquidation program tapers off and budgetary requirements for national defense are clarified.
After the expiration of the prescribed period it was opened, and a sum was found amounting to seven hundred florins, which was given to the hostess of the Count of Brederode, in part payment of his unliquidated score. Univ. Religious jealousy and hatred, moreover, separated the two Protestant churches, and stood in the way of every salutary combination against the common enemy of their faith.
After the expiration of the prescribed period it was opened, and a sum was found amounting to seven hundred florins, which was given to the hostess of the Count of Brederode, in part payment of his unliquidated score. Univ. Religious jealousy and hatred, moreover, separated the two Protestant churches, and stood in the way of every salutary combination against the common enemy of their faith.
For example, several billion dollars of these unliquidated obligations represent unsettled inter- and intra-departmental agency accounts for war procurement. Legislation is being requested to facilitate the adjustment of some of these inter-agency accounts. Another 6 billion dollars is set aside for contract termination payments.
The 22 billion dollars of unexpended balances tentatively indicated as of June 30, 1947, comprise both unobligated authorizations and unliquidated obligations. Most of the unliquidated obligations result from transactions booked during the war years. A large part of the 22 billion dollars would never be spent even if not repealed, for the appropriations will lapse in due course.
For example, several billion dollars of these unliquidated obligations represent unsettled inter- and intra-departmental agency accounts for war procurement. Legislation is being requested to facilitate the adjustment of some of these inter-agency accounts. Another 6 billion dollars is set aside for contract termination payments.
Congress at its last session having made no provision for executing the fifteenth article of the treaty, by which the United States assume to make satisfaction for the "unliquidated claims" of our citizens against Mexico to "an amount not exceeding three and a quarter millions of dollars," the subject is again recommended to your favorable consideration.
The indebtedness he divided as follows: The foreign debt, $10,070,307, with arrears of interest amounting to $1,640,071. The liquidated domestic debt, $27,383,917, with arrears of interest amounting to $13,030,168. The unliquidated part he estimated at $2,000,000, and the aggregate debt of the State at $25,000,000; making a total of nearly $80,000.000.
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