Herbert Hoover actually said...

Many of these measures are being promoted by organizations and agencies outside of Congress and being pushed upon Members of Congress.

For the Government to finance by bond issues deprives industry and agriculture of just that much capital for its own use and for employment.

Some of these outside agencies are also engaged in promoting political purposes.

No matter how devised, an increase in taxes in the end falls upon the workers and farmers, or alternatively deprives industry of that much a...