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 27, 1932
Enlisted men of the Marine Corps having established their special qualifications in the use of the arm or arms which they are required to use, under such regulations and conditions as are now, or may hereafter be, prescribed by the…
Jun 26, 1932
I do so with the deepest regret because of the distinguished service you have rendered and the fine place you have been able to make for yourself in the Diplomatic Service.
Jun 26, 1932
My dear Mrs. Bird: I am deeply grieved to learn of the death of your brother, the universally beloved Father Francis P. Duffy.





