05/21/1931
https://www.presidency.ucsb.edu...
"Both of these committees to function in much the same way as the Interstate Commerce Commission now acts in passing upon loans to railroads."
"It is estimated that altogether over 10 million individual depositors and borrowers have been benefited by the margins provided by the Reconstruction Finance Corporation to these banks."
"The enactment of the legislation which has been recommended creating the system of home loan discount banks."
"And bank failures which amounted to nearly 100 a week when the Corporation began are now down to about the casualties of normal times."