Political Quotes

On the recordFebruary 25, 1932
The Bankruptcy Act has proved to be defective and to allow a great many loopholes for exploitation of both the bankrupt and the creditors-a great deal of injustice on both sides.
Said by
Herbert Hoover
Republican · California

Editor's note · Context

The President's News Conference

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More from Herbert Hoover

Jun 23, 1932

The details of this estimate, the necessity therefor, and the reason for its transmission at this time are set forth in the letter of the Director of the Bureau of the Budget transmitted herewith, with whose comments and observations…

presidency.ucsb.edu
Jun 27, 1932

In order to avoid the confusion arising from the fact that there is a national park and a national forest in the State of Virginia bearing the same name, that is 'Shenandoah,' it is hereby ordered that the name of the 'Shenandoah National…

presidency.ucsb.edu
Jun 23, 1932

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

presidency.ucsb.edu
Jun 23, 1932

I have the honor to transmit herewith for the consideration of Congress a supplemental estimate of appropriation for the Department of State for the fiscal year 1932, to remain available until June 30, 1933, amounting to $40,000, for an…

presidency.ucsb.edu

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