Political Quotes

Herbert Hoover: “The temporary drop in grain prices sympathetic with stock exchange prices usually happens, but, as the Department of…”

On the recordOctober 24, 1929
The temporary drop in grain prices sympathetic with stock exchange prices usually happens, but, as the Department of Agriculture points out, the overriding fact in grain is that this year's world wheat harvest is 500 million bushels below last year, and will result in a very low carryover at the end of the harvest year.
Said by
Herbert Hoover
Republican · California

Editor's note · Context

The President's News Conference

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Jun 26, 1932

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Jun 26, 1932

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