FDR: “The time to impose high taxes is now when incomes are high and goods are scarce.”

We shall be equipped to deal with the great overriding question of security, and with the crucial questions of money and exchange...

By virtue of the authority vested in me by the Constitution and the statutes of the United States, it is hereby ordered as follows:

We are absolutely un changed in our policy of two years ago, for immediate Filipino independence.

We must go on to do all in our power to conquer the doubts and the fears, the ignorance and the greed, which made this horror possible.