Political Quotes

On the recordJune 19, 1930
upon what authorization of law, constitutional or statutory, expressed or implied, does the State Department base its right either to approve or disapprove investment securities offered for sale in the money markets of the United States by foreign governments, corporations, or individuals
Said by
Herbert Hoover
Republican · California

Editor's note · Context

Message to the Senate Transmitting a Report on Foreign Loan Flotations.

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More from Herbert Hoover

Jun 17, 1932

It has been settled that the offices of the Republican National Committee should be removed from Washington and established at Chicago and New York.

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Jun 21, 1932

Provided further, That the charge for the issue of an original passport shall be $9.

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Jun 15, 1932

I am deeply grateful for the highest honor that the party can confer.

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