05/14/1942
https://www.presidency.ucsb.edu...
"Today it has created a vast reservoir of tax exempt securities in the hands of the very persons who equitably should not be relieved of taxes on their income."
"I do hereby call upon the people of the United States to observe Monday, May 23, 1938, as National Maritime Day by displaying the flag at their homes or other suitable places."
"Fairly construed, this language would seem to authorize taxation of income derived from state and municipal, as well as federal bonds."
"The sovereignty of the United States will never be impaired."