The President's News Conference
01/05/1931
https://www.presidency.ucsb.edu...
Respectfully, HERBERT HOOVER
I return herewith, without my approval, Senate Joint Resolution 49
I am firmly opposed to the Government entering into any business the major purpose of which is competition with our citizens
I hesitate to contemplate the future of our institutions, of our Government, and of our country if the preoccupation of its officials is to ...