While many of the taxes are not as I desired, the bill will effect the great major purpose of assurance to the country and the world of the determination of the American people to maintain their finances and their currency on a sound basis.
Statement on Signing the Revenue Act of 1932.
Share & report
More from Herbert Hoover
The willingness of our people to accept this added burden in these times in order impregnably to establish the credit of the Federal Government is a great tribute to their wisdom and courage.
These are our objectives and with unceasing effort, with courage and faith in Almighty God, they will be attained.
I am indeed personally under great obligation to you for your cooperation and great accomplishments in many of our most important governmental problems of the past three years.
The enactment of the legislation which has been recommended creating the system of home loan discount banks.
Other voices in this conversation
