Herbert Hoover actually said...

"I also want to compliment the veterans' service organizations for their cooperation in undertaking a campaign amongst all the veterans urging them not to take advantage of the loan provisions except i..."

"It will require a very intensive organization, and would require a good deal of time--probably months to get through with all of the cases--so that I have this afternoon requested General Hines to giv..."

"Although I have been a good deal opposed to the passage of the bonus legislation in its provisions for loans from the Treasury to people who do not need the money, now that the law is passed we propos..."

"It is represented that this measure merely provides loans against a future obligation and that, therefore, it will cost the American people nothing."