FDR

Executive Orders No. 7024-B and No. 7129-A are hereby revoked and superseded by Executive Order No. 7757 and Executive Order No. 7758.

I most strenuously object to the mandatory incurrence of obligations by the Federal Government.

I feel that every effort should be made to keep the new farm program within the present limit of $500,000,000 per annum.

In the budget of the great mass of our families, the point is quickly reached where increased costs mean reduced consumption.

The long-continued lag in building is a drag on all industry and trade.

Housing constitutes the largest and most promising single field for private enterprise.

The government has made provision for many of the most needy.

The success of such a program as this, however, cannot be assured by governmental action alone.

We must recognize clearly that housing will not be built if costs are too high in relation to the consumer's income.

I do hereby exempt Frank L. Boyd from the provisions thereof and continue him in the service until December 1, 1938.

I do hereby exempt Mr. Cannon from the provisions thereof and continue him in the service until February 1, 1939.

The tract as described contains 26.0 acres, more or less.

I do hereby exempt Adrian J. Pieters from the provisions thereof and continue him in the service until December 1, 1938.

The general feeling is the difficulty in raising the junior money.

We had a very, very interesting talk that lasted about an hour and twenty-five minutes.

I do hereby exempt Wendell W. Mischler from the provisions thereof and authorize his continuance in the service for such period as his services may be required.

About ten percent is being generated by Government projects and the other ninety percent by private companies and municipalities.

I suppose so, we did not talk about that.

That was perfectly true in Charleston in 1935.

The apparent need for expenditures in the coming year runs from a billion and a quarter dollars to a billion and a half.

The Government isn't in that area in any shape, manner or form.

Eighteen percent would seem to be the total limit of government competition with the private plants.

The policy of the Government—to seek every possible means towards peace, both in relation to existing situations and future dangers—to keep on trying.

Incidentally, another reason why, in all human probability, it won't get beyond the ten to eighteen percent of Government by either area or population or bulk power, is the fact that if any more were developed by Government it would barely…

We are getting somewhere, when we begin talking like that.