Home
Search transcripts:    Advanced Search
Notable New     Yorkers
Select     Notable New Yorker

Frances PerkinsFrances Perkins
Photo Gallery
Transcript

Part:         Session:         Page of 578

impertinent personal questions of people.”

The President roared with laughter. He knew exactly what it was, but he didn't know that Barney felt guilty. He roared with laughter and said, “I wish I could tell you, Frances, you would enjoy the joke.” By this he meant, “You would enjoy knowing why it is that Barney feels so embarrassed at the moment.”

I said, “You haven't quarreled with him, have you?”

He said, “Oh, no, no.”

As a matter of fact, I knew intuitively at the time when the President told us in Cabinet meeting that this was going to be done. When he announced that several weeks after this time, I said to myself, “I guess that's it.” This program to call in the gold was very radical, startling, and surprising. All the people who had been members of Congress, like Garner, Hull, Swanson, speaking not as statesmen in their present offices, but speaking as former members of Congress who knew a good deal about what had gone on in the past, all said, “This is the best and most important thing to do, Mr. President. This is the thing to do. I'm glad you're going to do it.” Garner was very impressed with it, saying, “You'll never control the fiscal policy with all this gold lying around,” and so forth. They were all going to devalue.





© 2006 Columbia University Libraries | Oral History Research Office | Rights and Permissions | Help