The best evidence is that although production and consumption are at high levels, the average prices of commodities as a whole have not increased and there have been no appreciable increases in the stocks of manufactured goods.
Statement on the National Business and Economic Situation
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More from Herbert Hoover
No passport shall be granted or issued to or verified for any other persons than those owing allegiance, whether citizens or not, to the United States
I propose that the treaty number and tonnage of battleships shall be reduced by one-third.
These are our objectives and with unceasing effort, with courage and faith in Almighty God, they will be attained.
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