Political Quotes

Herbert Hoover: It means lower rates, and lower rates cannot be made except by broad economies in methods, or alternatively, by wage…

On the recordJanuary 1, 1931
It means lower rates, and lower rates cannot be made except by broad economies in methods, or alternatively, by wage reductions.
Said by
Herbert Hoover
Republican · California

Editor's note · Context

The President's News Conference

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