04/10/1930
https://www.presidency.ucsb.edu...
"We have hitherto regarded great business depressions with their inevitable train of unemployment and hardships as an inevitable fever which must run it course, and in former times if public works were..."
"This time the Nation has realized that as a sound economic policy, the prudent expedition of construction could be to an important degree used as a balance wheel to maintain security of employment, to..."
"The Department of Commerce informs me that the totals expended or contracted for in new public works and betterments by National, State and local governments, in these last 6 months have not been less..."
"To definitely organize so as to prevent the activity in public works from receding like other activities in depression, and to speed them up in anticipation of future needs so as to alleviate unemploy..."