Second Annual Message
12/02/1924
https://www.presidency.ucsb.edu...
I suppose it will go to the Court of Claims to be decided whether the Commission has the right to make a retroactive fin...
I invite the attention of the Senate to the accompanying report by the Secretary of State on the subject.
We have demonstrated that saving results from efficiency, and efficiency comes from saving.
Confidence in our entire economic structure had been shaken.