On the recordJune 19, 1931
Authority of the President to deal with this problem is limited as this action must be supported by the Congress.
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presidency.ucsb.eduAuthority of the President to deal with this problem is limited as this action must be supported by the Congress.
The President's News Conference
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While many of the taxes are not as I desired, the bill will effect the great major purpose of assurance to the country and the world of the determination of the American people to maintain their finances and their currency on a sound basis.
Although I do not find myself in accord with your immediate proposal of another committee, I believe that if the signatories were fully informed as to the present effective organization they would agree with me.
They also discussed methods further to coordinate all economic agencies engaged in assistance to business, employment, and agriculture.