Political Quotes

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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More from Herbert Hoover

Jun 23, 1932

It was unfortunate also that the provision for agricultural relief through the Reconstruction Corporation was omitted.

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Jun 23, 1932

These expenditures cannot be recovered; they must be met by the taxpayer now or in the future.

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Jun 21, 1932

The Secretary of State may grant and issue passports, and cause passports to be granted, issued, and verified in foreign countries by diplomatic representatives of the United States

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Jun 23, 1932

I am glad to see the adoption by both the Senate and the House of the principle of generous relief to unemployment.

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