During the past 12 months we have suffered with other Nations from economic depression. The origins of this depression lie to some extent within our own borders through a speculative period which diverted capital and energy into speculation rather than constructive enterprise. Had overspeculation in securities been the only force operating, we should have seen  Full Article…

The Honorable The Postmaster General Washington, D. C. My dear Mr. Postmaster General: There seems to be a general acceptance throughout the country that the Postoffice has been reducing its force in these times of difficulty when we are urging manufacturers to stagger their work in such fashion as to use all of their employees. I  Full Article…

Gentlemen of the United States Chamber of Commerce: We have been passing through one of those great economic storms which periodically bring hardship and suffering upon our people. While the crash only took place six months ago, I am convinced that we have now passed the worst and with continuity of effort we shall rapidly  Full Article…

Years ago the railways were so tainted with sin that they became national campaign cries throughout the land. To be against the railways was the final test of morals in political life. The scientist, however, brought onto our highways the gas engine, the automobile, the truck, and onto our waterways the Diesel tug, and as  Full Article…

This body represents the industries of the United States. You have been invited to create a temporary organization for the purpose of systematically spreading into industry as a whole the measures which have been taken by some of our leading industries to counteract the effect of the recent panic in the stock market. There has  Full Article…

The country has enjoyed a large degree of prosperity and sound progress during the past year with steady improvement of production and distribution and consequent advancement in standards of living. Progress has, of course, been unequal among industries, and some, such as coal, lumber, leather, and textiles, still lag behind. The long upward trend of  Full Article…

A preliminary conference was held at the White House today with the railway presidents, mostly of the eastern territory, at which were present: The President, The Secretary of the Treasury, and The Secretary of Commerce. The railway presidents were unanimous in their determination to cooperate in the maintenance of employment and business progress. It was  Full Article…

The President said: I have during the past week engaged in numerous conferences with important business leaders and public officials with a view to the coordination of business and governmental agencies in concerted action for continued business progress. I am calling for the middle of next week a small preliminary conference of representatives of industry,  Full Article…