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.
Source
presidency.ucsb.eduFor the Government to finance by bond issues deprives industry and agriculture of just that much capital for its own use and for employment.
Statement on Proposed Increases in Federal Expenditures for Employment and Relief.
Share & report
More from Herbert Hoover
I am deeply grieved to learn of the death of your husband, who was my good friend and distinguished predecessor in the Department of Commerce.
His services to country were so varied and valuable as to earn the gratitude of the Nation and his character won him the high regard of a host of friends.
This measure is an important step forward in that it sets an example through its recognition by the Federal Government of the principle that even the relatively small number of juveniles in the Federal system should be handled on a modern…