The President's News Conference
08/03/1931
https://www.presidency.ucsb.edu...
I have the highest esteem for Judge Burke, and I appreciate his very long and devoted service to the country.
There are no half measures in conservation of oil.
Where holders are complying with the law, they need have no anxiety as to retrospective action, but some 34,000 permits for oil exploration ...
Not only do we propose to stop the issue of development permits over public domain and other lands in control of the Government.