The consumption of the United States is approximately 900 million barrels per annum, the imports thus representing something over 11 percent and the exports about 16 percent of the total.

No action was taken by Congress upon this recommendation nor upon other plans proposed by the independent oil producers.

No right may be acquired to the released lands by settlement in advance of entry or otherwise, except strictly in accordance herewith.

These negotiations are making favorable progress.

On the 29th of January the Oil Conservation Board recommended to Congress that authority be given to the Federal Trade Commission to effect proration of imports, it being the Board's hope that a proration of production in the foreign pools…

In order to prevent enormous waste of gas and oil and to prevent the ruin of the independent oil producers, the Federal Oil Conservation Board brought about over a year ago, under the leadership of Secretary Wilbur, an almost entire…

The Board considers that in the present situation a substantial reduction in imports can be brought about without distributing the price of oil to the consumer, the Atlantic Seaboard can be supplied from domestic storage.

The State authorities of Oklahoma have brought about similar restraint upon an enormous new pool discovered at Oklahoma City.

It it believed that if these two results could be brought about, the industry will soon readjust itself.

But such action would have little effect, however, unless the east Texas pool shall be prorated on the same basis as other new pools.

I haven't anything of startling interest.

I am interested to learn of the III Olympic Winter Games to be held at Lake Placid in 1932.

Under authority of the act of Congress approved June 4, 1897 (30 Stat. 34-36), and on the recommendation of the Secretary of Agriculture, it is hereby ordered that the tract of land in Alaska lying within the following described…

The friendly rivalry of the athletes of the nations not only develops sportsmanship but also contributes to the advance of international good-will and fellowship.

His abilities, his character, his devotion to the highest of purposes made him a great citizen.

Mr. Cotton's passing is a great loss to the Government and to our country.

He was my friend for over 20 years.

He has given much of his life to public service and has never refused a demand of the public interest.