The President's News Conference
10/28/1929
https://www.presidency.ucsb.edu...
The time has come when we should cut through the brush and adopt some broad and definite method of reducing the overwhel...
We must make headway against the mutual fear and friction arising out of war armament which kill human confidence throug...
These expenditures cannot be recovered; they must be met by the taxpayer now or in the future.
We cannot restore employment in the United States by these methods.