Herbert Hoover actually said...

"The members of the Cabinet had before them the compilation of the budget on a functional basis, as has been customary during the past 2 years."

"The total of all construction work including these items is now progressing at the rate of over $725 million per annum, being about $500 million per annum in excess of the rate of expenditure for cons..."

"The War Department expenditure shows a decrease of $12 million."

"There is a decrease of about $10 million in the estimated postal deficit."