Political Quotes

On the recordOctober 24, 1929
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.
Said by
Herbert Hoover
Republican · California

Editor's note · Context

Statement on the National Business and Economic Situation

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More from Herbert Hoover

Jun 21, 1932

Passports may be amended in the United States by the Department of State or any of the passport agents of the Department of State

presidency.ucsb.edu
Jun 22, 1932

Under authority of the act of Congress approved June 4, 1897 (30 Stat. 11, 36; U.S. Code, title 16, sec. 473), and on the recommendation of the Secretary of Agriculture, it is hereby ordered that lands within the Toiyabe National Forest…

presidency.ucsb.edu
Jun 26, 1932

I had the pleasure of his acquaintance and I shared the admiration he inspired in all who knew him by his joyous humanity and his unlimited interest in and devotion to the happiness and well-being of others.

presidency.ucsb.edu

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