One point on the business situation--the Department of Commerce and other agencies report that the Christmas buying is up to the average of last year, and a little above the average of last year taking the country as a whole--some places quite well above and, of course, some places a little below, which is a pretty fair index of the situation.
Herbert Hoover: “One point on the business situation--the Department of Commerce and other agencies report that the Christmas buying is…”
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The President's News Conference
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