Herbert Hoover actually said...

"In the present crisis the absolute necessity for the most drastic economy makes the problem of governmental reorganization one of paramount importance."

"Economy and efficiency can come only through modernization."

"The public can understand that if one local merchant finds it difficult to borrow from the banks his normal credit to maintain a stock of goods, he necessarily shortens down on his stocks and this ref..."

"It is proposed merely to try to avoid waste that goes on now through dissipation of energies in a lot of places that overlap and are not under adequate control."