Political Quotes

Herbert Hoover: “To go further than these limits in either expenditures, taxes, or borrowing will destroy confidence, denude commerce and…”

On the record
To go further than these limits in either expenditures, taxes, or borrowing will destroy confidence, denude commerce and industry of its resources, jeopardize the financial system, and actually extend unemployment and demoralize agriculture rather than relieve it.
Said by
Herbert Hoover
Republican · California

Editor's note · Context

Hoover warns that exceeding financial limits could harm commerce, industry, and agriculture.

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