Political Quotes

Herbert Hoover: To some degree, however, this movement of chain or group banking is a groping for stronger support to the banks and a…

On the record
To some degree, however, this movement of chain or group banking is a groping for stronger support to the banks and a more secure basis for these institutions.
Said by
Herbert Hoover
Republican · California

Editor's note · Context

Hoover discusses the trend of chain banking as a response to the need for stronger financial support.

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