Such action can only embarrass the earnest efforts of the administration and the Congress to maintain our governmental finance on a sound basis.

I trust that your convention may give impetus to the development of inland waterways and a coordinated system of transportation.

From this fine edifice made possible by a gift from the Conrad Hubert fund I am sure that the fine record of a quarter of a century of service in New York City by your Red Cross Chapter will be carried on with increasingly great…

A total of 131 buildings have been completed at a total cost of $41,934,569.

At the first of this month there were 100 projects in which the sites have been determined upon and are in process of being acquired.

Sixteen buildings have been completed during the months of September and October.

There have been 41 contracts let during the months of September and October with a total value in excess of $48,000,000.

There are 64 projects in which sites have been arranged, drawings are completed, for which construction contracts have been invited, of a total estimated cost of $19,970,500.

It is estimated that the number of men now directly and indirectly employed on this program is 50,000.

The estimated cost of the buildings thereon is $31,133,500.

PLEASE ACCEPT my most cordial congratulations on this auspicious anniversary and the assurances of the good will which this Government and people bear for Your Excellency's country.