Herbert Hoover actually said...

That the price offered appears to represent a fair price and, in view of all the attendant circumstances, it is considered that advertisement and public sale are not necessary.

Context

Executive Order 5263—Authorizing the Alien Property Custodian to Sell at Private Sale Certain Shares of Stock of the United...

01/21/1930

https://www.presidency.ucsb.edu...

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