It was determined, in view of a report by the Navy that Guam no longer has any military value, that all activities there would be reduced to the minimum basis required for the civil government of the island.
White House Statement on the Economy Conference - With Navy Department Officials.
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More from Herbert Hoover
I shall labor as I have labored to meet the effects of the worldwide storm which has devastated us with trials and suffering unequalled in but few periods of our history.
Although I do not find myself in accord with your immediate proposal of another committee, I believe that if the signatories were fully informed as to the present effective organization they would agree with me.
I am most desirous of receiving from yourself and your able associates suggestions of any specific action that might be taken by Government or private agencies which would improve the situation.
While many of the taxes are not as I desired, the bill will effect the great major purpose of assurance to the country and the world of the determination of the American people to maintain their finances and their currency on a sound basis.
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