Political Quotes

On the recordApril 21, 1929
The plan would require a substantial increase in taxes as no such expenditure or depletion of revenues as this plan implies could be paid from marginal income of the government more particularly in view of the very large increased expenditures imposed by the naval program, flood control and other branches of farm relief.
Said by
Herbert Hoover
Republican · California

Editor's note · Context

Letter to Senator Charles L. McNary on the Export Debenture Plan of Farm Relief.

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