02/01/1932
https://www.presidency.ucsb.edu...
"The Shipping Board, in its present form at least, should be abolished."
"It is the very keystone of recovery."
"Without it the several measures for restoration of public confidence and reconstruction which we have already undertaken will be incomplete and the depression prolonged indefinitely."
"The American people are no less courageous and no less wise than the people of other nations."