Political Quotes

FDR: “Such speculation has run the scale from the individual who has risked his pay envelope or his meager savings on a margin…”

On the recordFebruary 8, 1934
Such speculation has run the scale from the individual who has risked his pay envelope or his meager savings on a margin transaction involving stocks with whose true value he was wholly unfamiliar, to the pool of individuals or corporations with large resources.
Said by
FDR
Democratic · New York

Editor's note · Context

Message to Congress Recommending a Securities Exchange Commission

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More from FDR

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

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