Political Quotes

Herbert Hoover: “Our difficulty is a diffusion of resources and the primary need is to mobilize them in such a way as to restore, in a…”

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.

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