In consequence of the fall in prices of railway bonds, I have a number of telegrams from different parts of the country and inquiries from the press as to the status of the various agencies which are proposed to assist those railways which are not earning their fixed charges across the trough of the depression without further consequential defaults on bonds or receiverships.
Statement on Financial Assistance to Railroads.
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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.
The Secretary of State may grant and issue passports, and cause passports to be granted, issued, and verified in foreign countries by diplomatic representatives of the United States
I propose that the arms of the world should be reduced by nearly one-third.
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