Political Quotes

Herbert Hoover: “It would seem desirable that the Governors of the different Federal Reserve banks should proceed in a similar manner…”

On the recordMay 19, 1932
It would seem desirable that the Governors of the different Federal Reserve banks should proceed in a similar manner, and as soon as the chairman of such committees are known, I shall be glad to invite them to Washington in order that the whole program may be set up on a national basis.
Said by
Herbert Hoover
Republican · California

Editor's note · Context

Statement on the Formation of the New York Banking and Industrial Committee.

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