Political Quotes

Herbert Hoover: “I am sure the American people have no desire to attempt to extract any sum beyond the capacity of any debtor to pay and…”

On the recordJune 20, 1931
I am sure the American people have no desire to attempt to extract any sum beyond the capacity of any debtor to pay and it is our view that broad vision requires that our Government should recognize the situation as it exists.
Said by
Herbert Hoover
Republican · California

Editor's note · Context

Statement Announcing the Proposal of the Moratorium on Intergovernmental Debts.

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Jun 26, 1932

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