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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.

That was the principle of reparations to which President Truman agreed at Potsdam. And the United States will not agree to the taking from Germany of greater reparations than was provided by the Potsdam Agreement.

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.

Our failure to properly deal with Germany and Japan early cost the world dearly later on. We dare not make the same mistake with China.

Important as economic unification is for the recovery of Germany and of Europe, the German people must recognize that the basic cause of their suffering and distress is the war which the Nazi dictatorship brought upon the world.

Roosevelt was determined to stop Stalin from taking over Eastern Europe. He thought they finally had an agreement on Poland. Before Roosevelt died, he realized that Stalin had broken his agreement.

Last year, the Assembly of the League, as a result of the initiative taken by the Scandinavian nations, further limited and clarified all the provisions of the clause prescribing the duty of states to participate in sanctions.

The importance to the nation of a generously adequate food supply for the coming year cannot be overemphasized, in view of the economic problems which may arise as a result of the entrance of the United States into the war.

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