06/14/1931
https://www.presidency.ucsb.edu...
"It is the very keystone of recovery."
"I am confident that the undertaking of the representatives of both political parties to balance the budget remains and will be fulfilled."
"The determination of the American people to possess a first-class merchant marine has resulted in the establishment of a network of regular and dependable ocean service to all the principal ports of t..."
"At no time since the glorious American clipper ship era has the Nation displayed such a keen interest in its ship activities."