Economy

I feel that most farmers realize that when farm prices go much above parity, danger is ahead.

Finally, all bulwarks against inflation must fail, unless all of us—the businessman, the worker, the farmer, and the consumer —are determined to make those bulwarks hold fast.

Moreover, price control legislation alone cannot successfully combat inflation.

Effective price control will insure that these sacrifices are equitably distributed.

The objective, of course, of the Administration on that was after very, very many years to bring the price of agricultural commodities up to parity.

It should give a great impetus to honest dealing in securities and bring back public confidence in the sale of securities.

We cannot restore employment in the United States by these methods.

The enactment of the legislation which has been recommended creating the system of home loan discount banks.

And bank failures which amounted to nearly 100 a week when the Corporation began are now down to about the casualties of normal times.

I AM SHOCKED to learn of the sudden death of Miss Van Rensselaer.

What you want and what I want is to restore normal employment.

It will serve no good purpose and will fool no one to try to cover appearances by resorting to a so-called 'extraordinary Budget.'

The back of the depression cannot be broken by any single Government undertaking.

We cannot thus squander ourselves into prosperity.

If we could have all the energy that is now devoted to creating new committees and conferences devoted to that purpose, that would get us out of this depression in short order.

The loans so far undertaken to banks, trust companies, building and loan and other financial institutions, as provided in the act, amounts in round numbers to $61,800,000

The administrative officials of the Government are cooperating with the special Economy Committee in the House in a general drive to bring about very drastic economies in Federal expenditure

These reforms ought to result, if enacted, in the saving of a good many million of dollars of creditors and bankrupts and in a great deal of direct economies in the administration of justice.