Herbert Hoover actually said...

"This measure I am signing today, together with the additional capital provided for the Federal land banks and the creation of the Reconstruction Finance Corporation, will so strengthen our whole credi..."

"I trust that our banks with the assurances and facilities now provided will reach out to aid business and industry in such fashion as to increase employment and aid agriculture."

"The gradual credit contraction during the past 8 months arising indirectly from causes originating in foreign countries and continued domestic deflation, but more directly from hoarding, has been unqu..."

"The bill should accomplish two major purposes."