Herbert Hoover actually said...

For 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.

12/08/1930

More Herbert Hoover Quotes

I have directed officials of the Department of Agriculture to undertake, in cooperation with local and State authorities, such organization ...

I HAVE LEARNED with deep regret of the death of your father who contributed so much to modern journalism.

I am certain that the American people will rejoice with me in learning that you have enjoyed your residence here and that your health has be...

I wish you a most enjoyable and safe journey homeward and long years of usefulness as ruler of your happy and prosperous country.