11/15/1928
https://www.presidency.ucsb.edu...
"The potential protective value of the insurance thus provided is apparent, as affecting the future economic and domestic welfare of veterans and their dependents."
"Even these payments may be temporarily waived for those whose resources do not permit immediate compliance."
"Under the terms provided for the reestablishment of lapsed insurance, normal health conditions will permit reinstatement upon the payment of two monthly premiums."
"During the World War the United States Government insured, at an exceedingly low premium rate, nearly 5,000,000 members of the armed forces of the country against death or total permanent disability."