During that time negotiations have been undertaken in respect to those railways on a great number of occasions with view to carrying out the wishes of Congress, but have hitherto all proved abortive.

It is my understanding that the plan provides for the protection of the interests of the employees and for full consideration of the interests of the various local communities, and fulfills the intent of Congress in the public interest.

These negotiations have been in progress for some weeks, and were undertaken at my suggestion in the hope of effecting the consolidation policies declared by Congress in 1920 and especially at this time as a contribution to the recovery of…

These negotiations have been in progress for several weeks.

The uncertainties and the delays of nearly 10 years have seriously retarded development of the railways--have prevented their desirable growth in many directions, and have diminished their ability to compete with other forms of…

As a result of meetings of General [William W.] Atterbury, Mr. [Patrick E.] Crowley, Mr. [Daniel] Willard, Messrs. [Mantis J. and Oris P.] Van Sweringen and other representatives of the Pennsylvania, New York Central, Nickel Plate, and…

It is my understanding that the plan provides for the protection of the interests of the employees and full consideration of the interest of the various communities and carries out the requirements of the law in protection of public…

The Transportation Act [41 Stat. 456] passed by Congress in 1920 provides for a consolidation of railways into a limited number of strong systems in order to maintain broader competition, more adequate service, simplification of rate…

The plan, of course, must be submitted to the Interstate Commerce Commission, who have the independent duty to determine if it meets with every requirement of public interest.

Such questions as electrification, the linking up of different railroads, the development of larger terminals, and many offer major improvements have been retarded because of uncertainty with respect to the position which different roads…

Christmas is the children's day and older folk can enter into its joys only when led by their hands.

Please give the children my affectionate greetings when they have their party on the Steamship Leviathan on December 24th, and my best wishes for a very Merry Christmas and a Happy New Year.

It is a matter of deep gratification that every increase in the facilities of communication between our countries draws them nearer together, fostering the growth of cultural and commercial relations between them and further strengthening…

Under the authority provided in subsection (d), section 18, of the act approved May 24, 1924 (43 Stat. 144), the President of the United States, in the exercise of his discretion, and acting in the interest of the United States, hereby…

The volume of construction work direct and indirect is estimated as follows:

This compares with the rate of about $275 million per annum prior to the depression.

I recommend that the Congress enact the necessary legislation authorizing and empowering the Secretary of State to effect the modification of the boundary line as recommended by him.

I do pray that the New Year will bring you many blessings and new hope for the future; to those in hospitals, or ill in their homes, restoration of health; and to all, more of comfort and contentment.