Herbert Hoover actually said...

I will recommend to Congress in the next session, or as soon as they reconvene, that the Federal Government should contribute to the indemni...

Those of 1929 fiscal year were just about an even billion, and for 1933 it is estimated at $1,148 million.

We will probably have some compensation in the reduction of public debts and some other items.

The 1926 expenditures on Army, Navy, public works, and Post Office deficit is $790 million.