This bill does not stabilize at 60.

Our national currency must be maintained as a sound currency which, insofar as possible, will have a fairly constant standard of purchasing power.

The result of providing a bond on which both the principal and interest are guaranteed would be to put such bonds on a par with Treasury securities.

It is, I believe, a historic fact that every great improvement directed to better commercial communications... have all been subjected to opposition on the part of local interests.

I am convinced that the building of the St. Lawrence Seaway will not injure the railroads or throw their employees out of work.

I now recommend that the Emergency Farm Credit Act of 1933 be amended to provide responsibility by the Government for the payment of the principal of, as well as interest on, bonds issued.

We should supplement what most of us frankly believe to be the moral responsibility of the Government by adding the necessary legal responsibility.

I am satisfied that the treaty contains adequate provision for the needs of the Chicago Drainage District and for navigation between Lake Michigan and the Mississippi River.

I request the consideration of ratification by the Senate of the so-called St. Lawrence Treaty with Canada.

There are two main considerations, navigation and power.

the percentage of reduction applicable under section 2 (b), in determining the compensation of officers and employees to be paid during the period from January 1, 1934, to June 30, 1934, inclusive, is 15 per centum.

A deep love of peace is the common heritage of the people of both our countries.

I consider it most auspicious that the Government of the Union of Soviet Socialist Republics should have selected as its first Ambassador to this country not only one of its most distinguished citizens but also one whose friendly feelings…

The foundation has now been laid for the development of genuinely friendly relations and close cooperation between the Governments of the United States of America and the Union of Soviet Socialist Republics.

Any functions and powers which are hereby delegated and transferred to the Administrator of the National Recovery Administration... may... be redelegated to the Secretary of Agriculture or be delegated to the Administrator of the National…

It is hereby ordered that all executive departments ... shall hereafter submit to the Director of the Budget a weekly report.

We have plowed the furrow and planted the good seed; the hard beginning is over.

Civilization cannot go back; civilization must not stand still.