Political Quotes

On the recordNovember 14, 1929
The magnificent work of the Federal Reserve System, and the inherently sound condition of the banks has already brought about a decrease in interest rates and the assurance of abundant capital.
Said by
Herbert Hoover
Republican · California

Editor's note · Context

The President's News Conference

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More from Herbert Hoover

Jun 21, 1932

The armaments of the world have grown up in general mutual relation to each other.

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Jun 26, 1932

You have always been a public spirited citizen, working for the best interests of your state and of the nation and I know that whether in diplomatic work or at home, you will continue to render valuable service.

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Jun 23, 1932

There is another phase of the bill as passed which is disheartening.

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