The construction and building material industries have been to some extent affected by the high interest rates induced by stock speculation and there has been some seasonal decrease in one or two other industries but these movements are of secondary character when considered in the whole situation.
Statement on the National Business and Economic Situation
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More from Herbert Hoover
No passport shall be granted or issued to or verified for any other persons than those owing allegiance, whether citizens or not, to the United States
Provided further, That the charge for the issue of an original passport shall be $9.
The armaments of the world have grown up in general mutual relation to each other.
These expenditures cannot be recovered; they must be met by the taxpayer now or in the future.
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