The recommendations which I here lay before the Congress are designed to meet these needs by strengthening financial, industrial, and agricultural life through the medium of our existing institutions, and thus to avoid the entry of the Government into competition with private business.
Hoover outlines his recommendations to Congress aimed at strengthening various sectors of the economy without government competition.
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I propose that the treaty number and tonnage of battleships shall be reduced by one-third.
These expenditures cannot be recovered; they must be met by the taxpayer now or in the future.
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 have the honor to transmit herewith for the consideration of Congress a supplemental estimate of appropriation for the Department of State for the fiscal year 1932, to remain available until June 30, 1933, amounting to $40,000, for an…
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