Address in Shenandoah, Iowa
10/07/1952
https://www.presidency.ucsb.edu...
It has been a pleasure for me to be here with you this evening.
They are trying to choke the Executive Office to death, and they are about to ruin our national defense program.
We can and we should provide a businesslike system of insurance to finance the restoration of such losses.
At present, insurance against flood damage is virtually unobtainable from private insurance companies.