The President's News Conference

FEDERAL FARM BOARD

THE PRESIDENT. I have to announce to you something that I think you all know, and that is Mr. [Alexander] Legge's resignation. And I know that I reflect the view of the agricultural community when I express intense regret that his private affairs have made it necessary for him to leave the Board. He has been urged I think by every farm organization in the United States to continue as Chairman of the Farm Board, and I have urged him with all the pressures that I could bring to bear, but he feels obligations elsewhere.

I have appointed Mr. James C. Stone as the Chairman of the Board, and Mr. [Charles C.] Teague has been elected Vice Chairman. We, therefore, have a vacancy on the Board which will require some 2 or 3 weeks to fill.

RICHARD N. ELLIOTT

I have given an interim appointment to Congressman Elliott as Assistant Comptroller General.

And that is all the news I have got today.

ALEXANDER LEGGE

Q. Mr. President, does that resignation take effect immediately ?

THE PRESIDENT. Yes.