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318 CONFIDENTIAL Press Conference #59 Executive Offices of the White House October 11, 1933, 10.40 A.M. (President Arias, of the Republic of Panama, was present at the Conference.) Q Good morning, Mr. President. THE PRESIDENT: Good morning. (Exhibiting sabre) Q Are you going to cut off a few heads this morning? THE PRESIDENT: At least I am protected. Charlie (Mr. Hurd) you have to be good this morning. You watch your questions carefully. Q Mr. President, hadn't you better turn that into the Treasury? Q Is that all gold, Mr. President? THE PRESIDENT: I think it is. Q It would be worth more if gold is de-valued. (Laughter) MR. DONALDSON: Everybody in? Q Mr. President, this is no laughing matter -- what can you tell us about the liquor situation, the District Attorney, the Public Utilities Commission and District of Columbia --? (Laughter) THE PRESIDENT: I haven't thought about them since you asked the question. I asked the President of Panama to come in today and told him that this would be a unique experience for him. From my point of view we have had a very satisfactory talk --