09/06/1926
https://www.presidency.ucsb.edu...
"It is desirable, of course, to conserve our petroleum."
"I haven't any information about the action of the Federal Reserve Board in lowering the re-discount rate in Chicago."
"I think I have indicated to the conference a great many times that that is a board that does function and ought to function entirely apart from the Executive, acting almost entirely in the nature of a..."
"I find in making my decisions it is often very much simplified if I find out what the law requires and then go ahead and do it."