Political Quotes

Herbert Hoover: “On the 29th of January the Oil Conservation Board recommended to Congress that authority be given to the Federal Trade…”

On the recordMarch 12, 1931
On the 29th of January the Oil Conservation Board recommended to Congress that authority be given to the Federal Trade Commission to effect proration of imports, it being the Board's hope that a proration of production in the foreign pools exporting to the United States could [be] brought about as well as a proration of imports into the United States.
Said by
Herbert Hoover
Republican · California

Editor's note · Context

Statement on Oil Imports and Production

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