Herbert Hoover: “The first requirement of confidence and of economic recovery is…”

On the record

The first requirement of confidence and of economic recovery is financial stability of the United States Government.

Said by

Republican · California

Source

Hoover states that financial stability of the government is essential for restoring confidence and economic recovery.

More from Herbert Hoover

Jun 21, 1932

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

Jun 23, 1932

There is another phase of the bill as passed which is disheartening.

Jun 26, 1932

My dear Mrs. Bird: I am deeply grieved to learn of the death of your brother, the universally beloved Father Francis P. Duffy.

Jun 21, 1932

The armaments of the world have grown up in general mutual relation to each other.

Other voices in this conversation

Herbert Hoover: “The first requirement of confidence and of economic recovery is financial stability of the United States Government.”