Address at the Jackson Day Dinner
01/07/1938
https://www.presidency.ucsb.edu...
Great accumulations of wealth cannot be justified on the basis of personal and family security.
By the substitution of appropriate commemorative medals for special fifty-cent pieces much is to be gained.
It seems only equitable, therefore, to adjust our tax system in accordance with economic capacity, advantage and fact.
Historical events could be very suitably and properly commemorated through the striking by the Government of medals in lieu of coins.