Herbert Hoover actually said...

The American people are no less courageous and no less wise than the people of other nations.

Without it the several measures for restoration of public confidence and reconstruction which we have already undertaken will be incomplete ...

Every reduction that can be made without serious injury to these services and injustice to our people should be effected.

With the aid provided by mail contracts and construction loans, authorized by this act, orders have been placed for 45 new vessels of 500,00...