Herbert Hoover actually said...

"I thank you cordially for bringing to my attention the purpose of American Jews, under the auspices of the Jewish National Fund, to plant a forest of pines and eucalyptus trees in Palestine, as a livi..."

"I and the other administration officials again expressed our views to the managers of the exchange that they should take adequate measures to protect investors from artificial depression of the price ..."

"But during the latter part of January, despite these steps, there was a large increase in the short account which unquestionably affected the price of securities and brought discouragement to the coun..."

"Individuals who use the facilities of the exchange for such purposes are not contributing to the recovery of the United States."