Every pound of steel or of certain other scarce items that Is allocated to Europe under the ECA program in the future will be taken away from rearmament or from the American consumer. The American people have a right to know that scarce r {ls will not be available to Europeans for uses which would not be approved here in the United States. Third. The fighting in Korea has given a new priority to Asiatic problems in United States foreign policy. I do not see how we can escape doing more for Asia than we have. done in the past. and I do not see how we can afford to do more for Asia unless we do less for Europe. Fourth.