Political Quotes

Herbert Hoover: “The problem is to handle the situation as a whole so as to lay the foundations for restored employment on the railways…”

On the recordMarch 18, 1932
The problem is to handle the situation as a whole so as to lay the foundations for restored employment on the railways and through their purchases of supplies, and at the same time to establish confidence in the security of the bonds which are the reliance of great trustee institutions of the United States which are in fact the property of the entire people.
Said by
Herbert Hoover
Republican · California

Editor's note · Context

Statement on Railroad Reconstruction.

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