FDR: “Storms from abroad directly challenge three institutions indispensable to Americans, now as always.”

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

It will recommend agricultural policies and advise Nations on their food and agricultural problems, but it will have no power to coerce or command.

All sections of our population—labor, farmers, businessmen have shared and will share in the benefits which increased trade brings.

The point in history at which we stand is full of promise and of danger.