Herbert Hoover actually said...

"We have had some delay due to the difficulty of persuading men of very much larger incomes and positions to accept this sort of position."

"I CONGRATULATE you most cordially upon the seventy-fifth anniversary of Lincoln University and wish you and all who have part in its labors all success in the future development of its splendid servic..."

"It is a most important step toward the restoration of international confidence and of national stability."

"You and Messrs. Morgan, Perkins, and Lamont have given generously of your time and strength and I send you all my sincere congratulations on the notable achievement of the Committee."