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.
Statement on Signing the Federal Reserve Act, Amendments
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More from Herbert Hoover
Our Army, including the National Guard and all other reserves, has already been reduced much below the European standard 'police component.'
It is not intended by this order to give any publicly owned lands a national-forest status which have hitherto not had such status, nor to remove any publicly owned lands from a national-forest status.
These expenditures cannot be recovered; they must be met by the taxpayer now or in the future.
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