06/10/1926
https://www.presidency.ucsb.edu...
"I am not familiar enough with the exact workings and practice of the Federal Reserve System so that comments that I might make relative to the amount of brokers' loans and so on would be of very much ..."
"And those two things together would necessarily be a reason for doing more business of that kind that is transacted by brokers and would naturally result in a larger sum of money being used for that p..."
"I think it is safe to say that both the Army and the Navy are in better shape than they ever were before in time of peace."
"My budget estimates for the present year are creeping up towards $100,000,000 more for national defense for the War Department and the Navy Department than they were for the appropriations two or thre..."