Political Quotes

Herbert Hoover: “But during the latter part of January, despite these steps, there was a large increase in the short account which…”

On the recordFebruary 18, 1932
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 country as a whole.
Said by
Herbert Hoover
Republican · California

Editor's note · Context

Statement on the New York Stock Exchange.

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More from Herbert Hoover

Jun 23, 1932

There is another phase of the bill as passed which is disheartening.

presidency.ucsb.edu
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.

presidency.ucsb.edu
Jun 26, 1932

Executive Order No. 4610, approved March 10, 1927, as amended by Executive Order No. 4833, March 19, 1928, and by Executive Order No. 5001, November 23, 1928, is revoked effective July 1, 1932.

presidency.ucsb.edu

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