11/29/1940
https://www.presidency.ucsb.edu...
"Furthermore, enactment of this proposed legislation would constitute a breach of faith on the part of the Federal Government toward the large body of converted policy holders."
"It is not believed that any further delay in the adoption of an insurance program is warranted."
"I return herewith, without my approval, H.R. 5478."
"At no time has the loss ratio on term policies been down to the level of the American Experience Table of Mortality."