On the recordJuly 9, 1931
I refer to a limited number of speculators, and I am not expressing any views upon the economics of short selling in normal times.
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presidency.ucsb.eduI refer to a limited number of speculators, and I am not expressing any views upon the economics of short selling in normal times.
The President's News Conference
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More from Herbert Hoover
These expenditures cannot be recovered; they must be met by the taxpayer now or in the future.
I propose that the arms of the world should be reduced by nearly one-third.
Executive Order No. 4610, approved March 10, 1927, as amended by Executive Order No. 4833, March 19, 1928, and by Executive Order No. 5001, November 23, 1928, is revoked effective July 1, 1932.