Political Quotes

On the recordFebruary 15, 1932
When a railway goes into receivership from inability to find money with which to pay interest on bonds, then again not only do we have depreciation in prices of these securities, but it affects the assets of every institution.
Said by
Herbert Hoover
Republican · California

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The President's News Conference

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More from Herbert Hoover

Jun 23, 1932

We cannot restore employment in the United States by these methods.

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Jun 22, 1932

It is not intended by this order to give any publicly owned lands a national-forest status which have hitherto not had such status, nor to remove any publicly owned lands from a national-forest status.

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Jun 21, 1932

We must make headway against the mutual fear and friction arising out of war armament which kill human confidence throughout the world.

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Jun 21, 1932

The time has come when we should cut through the brush and adopt some broad and definite method of reducing the overwhelming burden of armament which now lies upon the toilers of the world.

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