Political Quotes

Herbert Hoover: “The prolongation of the depression by the succession of events in Europe, affecting as they have both commodity and…”

On the recordOctober 6, 1931
The prolongation of the depression by the succession of events in Europe, affecting as they have both commodity and security prices, has produced in some localities in the United States an apprehension wholly unjustified in view of the thousandfold resources we have for meeting any demand.
Said by
Herbert Hoover
Republican · California

Editor's note · Context

Statement on Financial and Economic Problems.

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More from Herbert Hoover

Jun 26, 1932

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Jun 26, 1932

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There is another phase of the bill as passed which is disheartening.

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