On the recordApril 23, 1931
Yes, the previous annual payments for the bonus will aggregate about $750 million as I recollect--something about that figure.
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presidency.ucsb.eduYes, the previous annual payments for the bonus will aggregate about $750 million as I recollect--something about that figure.
The President's News Conference
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The details of this estimate, the necessity therefor, and the reason for its transmission at this time are set forth in the letter of the Director of the Bureau of the Budget transmitted herewith, with whose comments and observations…
Executive Order No. 4610, approved March 10, 1927, as amended by Executive Order No. 4833, March 19, 1928, and by Executive Order No. 5001, November 23, 1928, is revoked effective July 1, 1932.
I do so with the deepest regret because of the distinguished service you have rendered and the fine place you have been able to make for yourself in the Diplomatic Service.