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B-34706 1 (1947-12-05)

handle is hein.gao/gaobadpcx0001 and id is 1 raw text is: 
                                                                            410
               COIPTRGLLER GENERAL OF THE UNITED STATES
                            V/ASHINGTON 25




3-54 7A                                    December 5, 1947







Honorable Charles A. Laton, Ohairzan,

     Select Ooraittee on Foreit Aid,

          House of iepresentativee,

Wy dear Yr. Chdrman:

     I nave your letter of November 24, referring to thxe investigations

being ctrried on by your Committee wito respect to the organization and

administration of foreign aid and recovery prograns, and your requiest

for suctz information as ia available to the General Accounting Off tee

on the subject of Governmont corporationam with respect to three

specific questions, the first of which is as followes

     (1) The actual significance of the use of the cororate for ,-
Prom the standpoint of atyropriatiras, expenditures, accouningt,
wpurchasaz, reeeipts, lawsults, etc.*

     Of course, in the short time available it is not yosaible to

furnish a definitive anal sis and report, but it is believed the

foflowing coeants will be fotud nelpful to the CoMmittee.

     1.                    It is not possible to generalize ith con-

pleteness as to tre actual signific&ace of thte use of tae vorporate

form, from tbse atandpoint of a propriations, for the reason that no

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