I believe it would be most unwise to do anything which might tend to lessen the effectiveness of the guaranteed loan programs which have contributed so much to past and present mobilization efforts.
Harry Truman: “I believe it would be most unwise to do anything which might tend to lessen the effectiveness of the guaranteed loan…”
On the recordNovember 1, 1951
Source
presidency.ucsb.eduEditor's note · Context
Memorandum of Disapproval of Bill Relating to the Bank of America National Trust and Savings Association.
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