On the recordDecember 8, 1930
For the Government to finance by bond issues deprives industry and agriculture of just that much capital for its own use and for employment.
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presidency.ucsb.eduHerbert Hoover: “For the Government to finance by bond issues deprives industry and agriculture of just that much capital for its own use…”
Editor's note · Context
Statement on Proposed Increases in Federal Expenditures for Employment and Relief.
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