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January 26, 1951. Dear Senator: Yesterday I had an opportunity to present before the Joint Co:?Eaittee on the Economic Report, in i t s hearings on the President's economic Hejjort, a summation of my ideas on what I feci should be the limitations of our m i l i t a r y and foreign aid program, and the reasons f o r such limitations end the manner in which we should meet the i n f l a t i o n a r y impact of such a program on the domectic economy. Yoti may have seen a copy of the statement I zaade, but Ln case you haven't I am enclosing one herewith with the hope thot you w i l l have an opportunity to read i t , part i c u l a r l y the f i r s t section ii" you do not have time to re&ll a l l of i t . You nave always t&Ken an interest in and saown such an i n t e l l i g e n t understanding of our overall international problems and their relationship to and impact upon our domestic economy, that I am very anxious to have your opinion of ray latest e f f o r t . With Kindest personal regards, Sincerely yours, A. S. Kccles. Hon. J..V®. Fulbright, 2527 Belmont Road, N. Washington, D. C.
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