Herbert Hoover actually said...

The times call for unity of action on the part of our people.

The prolongation of the depression by the succession of events in Europe, affecting as they have both commodity and security prices, has pro...

Our difficulty is a diffusion of resources and the primary need is to mobilize them in such a way as to restore, in a number of localities, ...

There is no justification for any such situation in view of the strength of our banking system and the strong position of our Federal Reserv...