12/20/1928
https://www.presidency.ucsb.edu...
"I think so. Yes."
"I haven't changed my views on it."
"What I desire especially to do is to get our merchant fleet into private operation, with sufficient guarantees to have it kept in operation."
"We have just had an experience in building $3,500,000,000 worth of ships on which we lost over $3,000,000,000."