07/15/1929
https://www.presidency.ucsb.edu...
"[T]he "leave it alone liquidationists" headed by [my] Secretary of the Treasury Mellon, who felt that government must keep its hands off and let the slump liquidate itself."
"It will purge the rottenness out of the system. High costs of living and high living will come down."
"Roosevelt's deficit spending did pull the U.S. out of the Great Depression."
"Herbert Hoover did call business leaders into the White House for conferences, and did plead with them not to fire workers or cut wages too much."