10/03/1931
https://www.presidency.ucsb.edu...
"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."
"I am confident that the undertaking of the representatives of both political parties to balance the budget remains and will be fulfilled."
"With the aid provided by mail contracts and construction loans, authorized by this act, orders have been placed for 45 new vessels of 500,000 gross tons and for the reconditioning of 19 vessels of 160..."
"It has notably grown in trades where no American flag services previously were provided."