Herbert Hoover actually said...

A very considerable part of this $47 million will be repaid at an early date by the Railway Credit Corporation as fast as its revenues come in

The President's News Conference

03/07/1932

More Herbert Hoover Quotes

He was my friend for over 20 years.

He has given much of his life to public service and has never refused a demand of the public interest.

His abilities, his character, his devotion to the highest of purposes made him a great citizen.

Mr. Cotton's passing is a great loss to the Government and to our country.