US Presidency
1932

I have just heard of another of these actions which took place yesterday in the State of Ohio the circulation of thousands of handbills stating that the Farm Board spends $ 5 million annually in salaries and has a fund of $ 250,000 for traveling expenses. This statement is untrue. There follows a long list of salaries purported to be paid by the Farm Board. It states, incidentally, that Mr. Roosevelt will abolish the Farm Board. If that be true but I don't believe it is true that will be of interest to the 2 million members of farm cooperatives in the United States and especially in a great part of the Northwest. As to the first point, the administrative expenditures of the Board are less than $ 900,000 per annum, and I would call attention to the fact that the members of the Farm Board receive about $ 10,000 a year. The salaries referred to in this circular do not refer largely to the employees of the Farm Board.