Political Quotes

Herbert Hoover: It will be remembered that the carriers have now organized the Railway Credit Corporation on the plan provided between…

On the recordDecember 17, 1931
It will be remembered that the carriers have now organized the Railway Credit Corporation on the plan provided between them and the Interstate Commerce Commission for assisting railways with deficient earnings from the special income authorized by the Commission.
Said by
Herbert Hoover
Republican · California

Editor's note · Context

Statement on Financial Assistance to Railroads.

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