Political Quotes

On the recordOctober 6, 1931
Our difficulty is a diffusion of resources and the primary need is to mobilize them in such a way as to restore, in a number of localities, the confidence of the banker in his ability to continue normal business and to dispel any conceivable doubt in the mind of those who do business with him.
Said by
Herbert Hoover
Republican · California

Editor's note · Context

Statement on Financial and Economic Problems.

Share

More from Herbert Hoover

Jun 23, 1932

I have the honor to transmit herewith for the consideration of Congress a supplemental estimate of appropriation for the Department of State for the fiscal year 1932, to remain available until June 30, 1933, amounting to $40,000, for an…

presidency.ucsb.edu
Jun 22, 1932

It is not intended by this order to give any publicly owned lands a national-forest status which have hitherto not had such status, nor to remove any publicly owned lands from a national-forest status.

presidency.ucsb.edu
Jun 21, 1932

This reduction should be carried out not only by broad general cuts in armaments but by increasing the comparative power of defense through decreases in the power of the attack.

presidency.ucsb.edu

Other voices in this conversation