On the recordSeptember 20, 1931
We can carry our present expenditures without jeopardy to national stability. We cannot carry more without grave national risks.
Source
presidency.ucsb.eduEditor's note · Context
Address to the American Legion at Detroit, Michigan
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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.
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In accordance with the tradition since their beginning that heads of states should open the Olympic Games, I had hoped to avail myself of that pleasure, and I had also hoped to spend a few weeks at my home at Stanford University, but at…
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