I suggest that all departments and agencies administering loans, loan guarantee and insurance programs (including related grant programs) be guided by the principles outlined in the Report in administering their present programs and especially in proposing any new or expanded credit authority.
Memorandum on the Report of the Committee on Federal Credit Programs.
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More from John Fitzgerald Kennedy
It is a great pleasure for Mrs. Kennedy and myself to welcome the Black Watch to the White House.
I think that this administration has been very vigorous in its action, and I think that we have tried to set a responsible standard.
And third, it symbolizes the effort which we are giving and must be giving to organizing an effective communication system here in the United States of America.
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