02/16/1934
https://www.presidency.ucsb.edu...
"Failure to observe them must be regarded as socially and economically oppressive and unwarranted under almost any circumstance."
"we are watching all developments in the monetary sphere with a view to making any timely contribution we can."
"the monetary understanding reached last September first with England and France and then with a number of other countries was rightly interpreted as being a great step forward in the attainment of the..."
"to commit ourselves definitively at this time to a formalized course of action might well be premature and might therefore even do more harm than good."