On the recordMarch 7, 1932
The Federal Government should be in such position that it will need issue no securities which increase the public debt after the beginning of the next fiscal year, July 1.
Source
presidency.ucsb.eduHerbert Hoover: “The Federal Government should be in such position that it will need issue no securities which increase the public debt…”
Editor's note · Context
Statement on Efforts to Balance the Budget
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I am glad to see the adoption by the Senate and House of the principle of generous relief to unemployment.
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