Our bankers have given aid during the depression to various South American countries and so far as the administration is aware those countries are making every effort fully to maintain their credit and confidence.

These remain, as do all private debts, solely a relationship between the debtors and creditors.

Be, and the same are hereby, placed under the control of the Secretary of the Interior for disposition as provided by the act of July 5, 1884 (23 Stat. 103), or as may be otherwise provided by law.

Mrs. Florence R. Hopkins may be appointed to a suitable position in the Treasury Department without compliance with the civil-service rules.

The draft Executive orders and proclamations shall be prepared as follows:

The Department of State shall have custody of the signed originals of all Executive orders and proclamations and shall supervise their publication.

The draft Executive orders and proclamations shall be forwarded in quadruplicate to the Department of State.

Assistants to the Legal Adviser

It will be expected by all Americans that their teams will be represented with full strength and be of the best in character and ability to perform that we have to offer.

America's participation is to be financed by voluntary gifts, thus being an expression of good will and cooperation on the part of our generous and sport loving general public.

This order shall continue in full force and effect unless and until revoked by the President, or by an act of Congress.

So much of Executive order of May 25, 1920, creating Public Water Reserve No. 72, Arizona, as affects the land hereinafter listed is hereby revoked, and all such land not otherwise reserved or withdrawn is hereby restored to the public…

I wish to take this occasion also to frankly state my views upon our relations to German reparations and the debts owed to us by the Allied Governments of Europe.

The American Government proposes the postponement during 1 year of all payments on intergovernmental debts, reparations, and relief debts, both principal and interest, of course, not including obligations of governments held by private…

We are not involved in the discussion of strictly European problems, of which the payment of German reparations is one.

I am sure the American people have no desire to attempt to extract any sum beyond the capacity of any debtor to pay and it is our view that broad vision requires that our Government should recognize the situation as it exists.

It represents our willingness to make a contribution to the early restoration of world prosperity in which our own people have so deep an interest.

The law will require action by Congress, but with this support I assume that Congress will act favorably.