FDR: “I do hereby designate and appoint, effective the seventh day of February, 1934, Henry Morgenthau, Jr., Director General…”

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.

This year we give as well in necessity—necessity for our own.

That such study should be conducted by a specially appointed commission charged with the duty of examining into the experience which industry and labor have thus far had with these plans, and of reporting the facts for the benefit of the…

That the whole question of guaranteed wage plans and the possibility of their future development in American industries as an aid in the stabilization of employment and the regularization of production, should now be comprehensively…