12/03/1928
https://www.presidency.ucsb.edu...
"The direct benefit which accrues to the borrowers from these banks, because all National, State, and local taxes are thus remitted on their borrowings, is probably not less than $500,000,000 a year."
"It doesn't occur to me offhand that that would be feasible."
"The Government of the United States wants to see the condition of the farmer continue to improve."
"I have made some progress on it."