Herbert Hoover actually said...

As I have said before, that compares with the rate of about $275 million before the depression.

The President's News Conference

02/04/1931

More Herbert Hoover Quotes

I AM DEEPLY shocked to learn of the passing of Mr. Strong.

Courageous, independent, wise, staunch in every course that led to betterment of the city and the nation.

He was so fine an American, so staunch in every righteous course that his loss is a loss to all our people.

It is a deep personal loss to his myriad of friends.