On the recordJanuary 7, 1932
Our people must realize that Government cannot continue to live in a depression upon the scale that was possible in times of great prosperity.
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presidency.ucsb.eduHerbert Hoover: “Our people must realize that Government cannot continue to live in a depression upon the scale that was possible in…”
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Statement on Federal Expenditures
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I do so with the deepest regret because of the distinguished service you have rendered and the fine place you have been able to make for yourself in the Diplomatic Service.
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