But a decrease in demands of policyholders for loans on the insurance companies and the action recently taken by the Federal Reserve System should result in increased supplies of credit, especially for residential building, which in turn has lagged behind other construction.
Statement on Unemployment and Business Conditions.
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I shall labor as I have labored to meet the effects of the worldwide storm which has devastated us with trials and suffering unequalled in but few periods of our history.
This step was recommended in one of the reports of the National Commission on Law Observance and Enforcement, was included in the recommendations in the President's message to Congress, and has had the active interest and approval of…
Although I do not find myself in accord with your immediate proposal of another committee, I believe that if the signatories were fully informed as to the present effective organization they would agree with me.
And bank failures which amounted to nearly 100 a week when the Corporation began are now down to about the casualties of normal times.
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