At the component-level we study the 'beta-function-favored constraint' (bet
a FFC) formalism, suggested in 1988 as the most natural formulation for sup
ergravity derived from more fundamental theories. We begin with the suggest
ion that beta FFC supergravity be identified with new minimal supergravity
together with an additional chiral compensator multiplet. After U-A(1)-symm
etry breaking, the non-propagating axion 2-form of new minimal supergravity
becomes the propagating axion 2-form required by string theory. The final
form of the theory is seen to uniquely allow four simultaneous features: (i
) local supersymmetry, (ii) implementation of the Green-Schwarz mechanism,
(iii) a supersymmetry-breaking order parameter chiral superfield, and (iv)
a dilaton superpotential. (C) 2000 Published by Elsevier Science B.V.