On the recordMarch 2, 1931
I sympathize greatly with the desire of the people of Tennessee and Alabama to see this great asset turned to practical use
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presidency.ucsb.eduI sympathize greatly with the desire of the people of Tennessee and Alabama to see this great asset turned to practical use
Veto of the Muscle Shoals Resolution
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More from Herbert Hoover
The review of the work of the Corporation showed that in the 14 weeks of its life loans of about $500 million were authorized to something like 4,000 banks, agricultural credit corporations, life insurance companies, and other financial…
And bank failures which amounted to nearly 100 a week when the Corporation began are now down to about the casualties of normal times.
The enactment of the legislation which has been recommended creating the system of home loan discount banks.
They also discussed methods further to coordinate all economic agencies engaged in assistance to business, employment, and agriculture.