Political Quotes

FDR: It is not reasonable to insist that 4 percent on a first mortgage for a farmer or 5 percent on a second mortgage is an…

On the recordJune 7, 1937
It is not reasonable to insist that 4 percent on a first mortgage for a farmer or 5 percent on a second mortgage is an unreasonably high rate of interest.
Said by
FDR
Democratic · New York

Editor's note · Context

Letter on Farm Loan Interest Rates

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