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Herbert Hoover actually said...

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.

12/17/1931

https://www.presidency.ucsb.edu...

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Herbert Clark Hoover

deceased

usa, California

3,200 Quotes

Born8/10/1874

Died10/20/1964 (aged 90)

PartyRepublican

  • President of the United States

    3/4/1929 - 3/4/1933
  • secretary of commerce

    3/5/1921 - 8/21/1928
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