Such provision would go far to relieve distress in a multitude of families, would stabilize values in many communities, and would liberate working capital to thousands of concerns.
Herbert Hoover: “Such provision would go far to relieve distress in a multitude of families, would stabilize values in many communities…”
On the record
Source
gutenberg.orgEditor's note · Context
Hoover believes that making deposits available from closed banks would alleviate family distress and stabilize communities.
Share
More from Herbert Hoover
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
Jun 23, 1932
It was unfortunate also that the provision for agricultural relief through the Reconstruction Corporation was omitted.
Jun 26, 1932
You have always been a public spirited citizen, working for the best interests of your state and of the nation and I know that whether in diplomatic work or at home, you will continue to render valuable service.





