Political Quotes

FDR: I believe, therefore, that there is no justification for continued Government subsidy of Federal land bank interest…

On the recordJuly 8, 1937
I believe, therefore, that there is no justification for continued Government subsidy of Federal land bank interest rates below the unprecedentedly low rate these banks are now offering farmer-borrowers on a business basis.
Said by
FDR
Democratic · New York

Editor's note · Context

Veto of H.R. 6763

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