Excerpts from the Press Conference
05/24/1934
https://www.presidency.ucsb.edu...
If the vicious spiral of inflation ever gets under way, the whole economic system will stagger.
We cannot hold the actual cost of food and clothing down to approximately the present level beyond October first.
This total war, with our fighting fronts all over the world, makes the use of the executive power far more essential than in any previous wa...
Remember, the folks back home are counting on us.