Political Quotes

Herbert Hoover: “As shown by the Interstate Commerce Commission, excluding those roads already in receivership, the number of railways…”

On the recordDecember 17, 1931
As shown by the Interstate Commerce Commission, excluding those roads already in receivership, the number of railways earning less than fixed charges is only about 16 percent or 17 percent of the whole.
Said by
Herbert Hoover
Republican · California

Editor's note · Context

Statement on Financial Assistance to Railroads.

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