The magnificent work of the Federal Reserve System, and the inherently sound condition of the banks has already brought about a decrease in interest rates and the assurance of abundant capital.
The President's News Conference
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That the validity of a passport . . . shall be limited to a period of two years.
Our Army, including the National Guard and all other reserves, has already been reduced much below the European standard 'police component.'
This reduction should be carried out not only by broad general cuts in armaments but by increasing the comparative power of defense through decreases in the power of the attack.
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