Herbert Hoover actually said...

"I do not refer to the ordinary hedging transactions, which are a sound part of our marketing system."

"The confidence imposed upon me by law as a public official does not permit me to expose their names to the public."

"The intent is to take a profit from the losses of other people."

"If these gentlemen have that sense of patriotism, which outruns immediate profit, and a desire to see the country recover, they will close up these transactions and desist from their manipulations."