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Herbert Hoover actually said...

No part of the debt owing to us has been cancelled or reduced; the postponed amounts are repayable over a period of about 10 years with interest at 4 percent.

12/22/1931

https://www.presidency.ucsb.edu...

More Herbert Hoover Quotes

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"The American Army, together with all of the reserves--National Guard and other forms of reserve--on the basis of valuation which was established by the technical committees dealing with this problem, ..."
"In congratulating the New York Association for the Blind on its 25th anniversary I also congratulate the thousands of men, women and children to whom its ministrations have brought kindly care, traini..."
"We must remember that all of those emergency measures are extremely complicated, and there is a great deal of detail to be worked out, and necessarily it cannot be done in 48 hours."

View All Herbert Hoover Quotes

Herbert Clark Hoover

deceased

usa, California

3,200 Quotes

Born8/10/1874

Died10/20/1964 (aged 90)

PartyRepublican

  • President of the United States

    3/4/1929 - 3/4/1933
  • secretary of commerce

    3/5/1921 - 8/21/1928
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