Herbert Hoover actually said...

The low point of business and employment was the latter part of December and early January.

The total construction work for 1930 seems assured to be larger than even 1929.

If the board finds it necessary to have further funds it should be possible to make provision for them in ample time, as Congress will no do...

But a decrease in demands of policyholders for loans on the insurance companies and the action recently taken by the Federal Reserve System ...