Herbert Hoover actually said...

I am confident that the further nonpartisan measures of reconstruction to assist the earlier payment of depositors in closed banks, to apply rigid economy in Government expenditures, to balance the budget, to reform railway regulation, etc., will be dealt with by the Congress in the same spirit of cooperation that these great questions have already received.

Context

Statement on Signing the Federal Reserve Act, Amendments

02/26/1932

https://www.presidency.ucsb.edu...

More Herbert Hoover Quotes

The expenditures for the present fiscal year are estimated to be $3,926 million, and in addition to this expenditure at that rate, as most o...
6/24/1929
It is the final settlement of disputes that have extended over 25 years and which have estopped the development of the river.
6/24/1929
If we are to hold the expenditure down to $3,900 million, or thereabouts, the equivalent of this present fiscal year, it will be necessary t...
6/24/1929
It expedites the Boulder Canyon development because it clarifies the difficulties which have held up all development, and there is only one ...
6/24/1929

View All Herbert Hoover Quotes