On the record
The origins of this depression lie to some extent within our own borders through a speculative period which diverted capital and energy into speculation rather than constructive enterprise.
Source
gutenberg.orgHerbert Hoover: “The origins of this depression lie to some extent within our own borders through a speculative period which diverted…”
Editor's note · Context
Hoover identifies domestic overspeculation as a contributing factor to the economic depression.
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In order to avoid the confusion arising from the fact that there is a national park and a national forest in the State of Virginia bearing the same name, that is 'Shenandoah,' it is hereby ordered that the name of the 'Shenandoah National…
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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.
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