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.

I don't recall any communications from representatives of the chemical industry favoring legislation to revise the Sherman Anti-Trust Law.

Very likely I shall observe that, as I do other days, here in the office.

I expect to go to Yellowstone Park.

I am not in favor of the United States Government embarking on another program of building ships.

Nearly all the ships we are operating are operating at a loss.

I have stated my position relative to our merchant marine several times in my messages to the Congress.

What I desire especially to do is to get our merchant fleet into private operation, with sufficient guarantees to have it kept in operation.

In accordance with custom, I would rather you didn't publish the date of my going.

I haven't changed my views on it.

We have just had an experience in building $3,500,000,000 worth of ships on which we lost over $3,000,000,000.

I should presume that the United States Steel Corporation would need an executive head during the next year and a half, which would probably prevent their waiting for my services, even though they thought that was desirable.