Herbert Hoover actually said...

"It is expressly understood and agreed that the aforesaid wages shall be paid unconditionally in full not less often than once a week and in lawful money of the United States, to the full amount accrue..."

"The Secretary will not attend the opening meetings but will take part in the work of the commission after the preliminaries have been disposed of."

"Mr. Eugene Meyer, Governor of the Federal Reserve Board, will also be Chairman of the Board of the Reconstruction Corporation."

"I have requested General [Charles G.] Dawes to accept the position of President of the new Reconstruction Corporation."