Herbert Hoover actually said...

"There have been discussions, as is reported, between myself and other officials of the administration with officials of the New York Stock Exchange on the question of bear raids."

"Individuals who use the facilities of the exchange for such purposes are not contributing to recovery of the United States."

"But during the latter part of January, despite these steps, there was a large increase in the short account which unquestionably affected the price of securities and brought discouragement to the coun..."

"PLEASE EXTEND my cordial greetings to the members of the fifth annual conference of committees of the World Narcotic Defense Association and my earnest hope that it may be inspired to yet more effecti..."