Exchange of experience and discussion of your common problems should contribute to broad and sound policies which will be reflected in the service of these industries to the consuming public.

Your accomplishment is striking testimony of the advancement which has been made during the last few years by American pilots and American engineers.

While the plan is particularly aimed to economic relief, yet economic relief means the swinging of men's minds from fear to confidence, the swinging of nations from the apprehension of disorder and governmental collapse to hope and…

It is effective July 1.

I am glad to announce that the American proposal for 1 year's postponement of all intergovernmental debts and reparations has now been accepted in principle by all of the important creditor governments.

I think it is morally in effect.

I am happy personally to congratulate you on your achievement of flying around the world in the remarkable time of less than 9 days.

I shall appreciate it if you will extend my cordial congratulations and good wishes to the delegates from our own country, and abroad.

Their presence is another indication of the interdependence of the various countries in the world's business.

In the name of the people of the United States, as in my own, I wish to give voice to our profound appreciation of so notable a mark of remembrance, sympathy, and friendliness.

Mr. A. D. Forsythe may be appointed to an existing vacancy in the Bureau of Construction and Repair, Navy Department, in the Subprofessional Service, grade 4, at $1,620 per annum, without regard to the Civil Service Act or rules.