FDR: “I do hereby adopt and approve the report, recommendations and findings of the National Industrial Recovery Board.”

We shall be equipped to deal with the great overriding question of security, and with the crucial questions of money and exchange...

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

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…