FDR: “The effect of such an arrangement is that part of the individual…”

On the recordJuly 8, 1937

The effect of such an arrangement is that part of the individual borrower's interest is paid for him by the United States.

Said by

Democratic · New York

Source

Veto of H.R. 6763

More from FDR

Mar 25, 1945

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

Mar 22, 1945

The name of the customs port of entry of Marshfield, Oregon, in Customs Collection District Number 29 (Oregon), is changed to Coos Bay, Oregon.

Mar 19, 1945

It has served as a link between the fighting man and his loved ones here at home.

Mar 19, 1945

As their Commander in Chief I call upon you, my fellow Americans, to oversubscribe the 1945 Red Cross War Fund.

Other voices in this conversation

FDR: “The effect of such an arrangement is that part of the individual borrower's interest is paid for him by the United…”