It may delay the construction work for a month or two, but it is believed by the Navy that it makes a more perfect ship.

THE PRESIDENT has approved the recommendation of the Secretary of the Navy for the following changes in commands in the fleet to be made at the appropriate time during the next few months.

The setting up of committees of this kind does not imply questions of administration or supervision over industrial life, but that we might develop our experiences to get them into form that have more power rather than administration in…

The success of this effort is of paramount importance, not only for our immediate needs but the possibilities it opens for the future.

The acceleration of construction programs has been successful beyond our hopes.

To the Senate: I transmit herewith a treaty for the limitation and reduction of naval armament, signed at London on April 22, 1930, by the plenipotentiaries of the President of the United States of America, the President of the French…

I am convinced we have now passed the worst and with continued unity of effort we shall rapidly recover.

The details of this estimate, the necessity therefor, and the reasons for its submission at this time are set forth in the letter of the Director of the Bureau of the Budget transmitted herewith.

They involve the immediate fears of men and women for their daily bread, the well-being of their children, the security of their homes.

We have need to maintain every agency and every force that we have placed in motion until we are far along on the road to stable prosperity.

I have the honor to transmit herewith for the consideration of Congress a supplemental estimate of appropriation for the fiscal year 1931, in the sum of $250,000, to continue during the fiscal year 1931 the inquiry into the problem of the…

There is one certainty in the future of a people of the resources, intelligence, and character of the people of the United States-that is prosperity.

I believe I can say with assurance that our joint undertaking has succeeded to a remarkable degree, and that it furnishes a basis of great tribute to our people for unity of action in time of national emergency.

The great utilities, the railways, and the large manufacturers have responded courageously.

We are not yet entirely through the difficulties of our situation.

It is true that these economic things are not the objective of life itself.

There has been no significant bank or industrial failure.

The ownership of homes, the improvement of residential conditions to our people, is the first anchor in social stability and social progress.