The purpose of the legislation I suggest is to protect the public with the least possible interference with honest business.
Editor's note · Context
Message to Congress on Federal Supervision of Investment Securities
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I hereby prescribe the following regulations relating to increased pay for personnel of the Army, Navy, Marine Corps, Coast Guard and National Guard.
During the temporary absence of the Secretary of the Navy, the order of succession of the officers who shall act as Secretary of the Navy shall be as follows: the Under Secretary of the Navy, the Assistant Secretary of the Navy for Air, the Assistant Secretary of the Navy, and the ‘Commander in Chief, United States Fleet, and Chief of Naval Operations'.
That such a body would be best able to perform its nationally important tasks if created independently of the War Labor Board by the President.





