The President's News Conference
08/04/1948
https://www.presidency.ucsb.edu...
At present, insurance against flood damage is virtually unobtainable from private insurance companies.
We can and we should provide a businesslike system of insurance to finance the restoration of such losses.
I didn't send for you just to make a speech. I sent for you for action and, gentlemen, I want it.
I want you to forget all your emotions now and sit here and see what you can do.