Herbert Hoover actually said...

"The review of the work of the Corporation showed that in the 14 weeks of its life loans of about $500 million were authorized to something like 4,000 banks, agricultural credit corporations, life insu..."

"It is estimated that altogether over 10 million individual depositors and borrowers have been benefited by the margins provided by the Reconstruction Finance Corporation to these banks."

"The enactment of the legislation which has been recommended creating the system of home loan discount banks."

"That a patrol be maintained in the territorial waters of the United States and the high seas, including Bering Sea, extending westerly from the territorial waters of the United States and Canada"