Provision was also made for the distribution of Germany's foreign assets among the Allies.

The working out of a balanced economy throughout Germany to provide the necessary means to pay for approved imports has not been accomplished, although that too is expressly required by the Potsdam Agreement.

The American people want peace. They have long since ceased to talk of a hard or a soft peace for Germany.

The nearest approach to immortality on earth is a government bureau.

The conditions which now exist in Germany make it impossible for industrial production to reach the levels which the occupying powers agreed were essential for a minimum German peacetime economy.

Friendship without self-interest is one of the rare and beautiful things of life.

I have come to Germany to learn at first hand the problems involved in the reconstruction of Germany and to discuss with our representatives the views of the United States Government as to some of the problems confronting us.