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

Share

More from FDR

Apr 9, 1945

All Federal agencies are directed to cooperate with the Secretary of the Interior to the fullest extent possible.

presidency.ucsb.edu
Apr 12, 1945

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.

presidency.ucsb.edu

Other voices in this conversation