FDR: “The budget of the United States Government for the fiscal year ending June 30, 1942, is a reflection of a world at war.”

We seek peace—enduring peace.

It is not really of any great importance.

We all know that the reduction of Government-created barriers to trade will not solve all our trade problems.

The coming total defeat of our enemies, and of the philosophy of conflict and aggression... gives us a new chance and a better chance than we have ever had to bring about conditions under which the Nations of the world substitute…