Herbert Hoover

We bring in the question of such things as life insurance, charitable trusts-so these are the things we are trying to reach fundamentally.

The public can understand that if one local merchant finds it difficult to borrow from the banks his normal credit to maintain a stock of goods, he necessarily shortens down on his stocks and this reflects right back to the manufacturer…

Of course, hoarding is just one of the parts of the vicious cycle that starts from a shortage of credit.

It is proposed merely to try to avoid waste that goes on now through dissipation of energies in a lot of places that overlap and are not under adequate control.

I have myself been advocating this for the last 6 years.

It is proposed to do this without disturbing any of the great major activities of the Government and independent agencies such as the ICC [Interstate Commerce Commission], Federal Trade, Federal Reserve, or any other major activities.

What we are trying to do is open the channels of credit so as to dissipate fear and apprehension in the minds of the bankers and the public and businessmen, and thereby restore the people to their normal jobs.

It is an economy measure, one that is long overdue.

When a railway goes into receivership from inability to find money with which to pay interest on bonds, then again not only do we have depreciation in prices of these securities, but it affects the assets of every institution.

Up to a few days previous to that time hoarding was greatly on the increase.

They are defending the very principles of liberty and freedom.

A race is fortunate that can contribute a voice calling to order and to conscience in the world which shall be heard above the froth and immaterial substance of everyday life.

I am confident of the resources, the power, and the courage of our people to triumph over any national difficulty.

Lincoln deservedly shares with Washington the distinction of a nationally commemorated anniversary.

It is hereby ordered that Executive Order No. 4608, dated March 10, 1927, which withdrew, among other lands, the public lands in T. 46 N., R. 90 W., and T. 47 N., R. 91 W., sixth principal meridian, Wyoming, pending resurveys, be, and the…

Subsequent to the date hereof and prior to the date of restoration to general disposition as herein provided, no right may be acquired to the released lands by settlement in advance of entry or otherwise, except strictly in accordance…

So much of the order of July 13, 1911, creating Power-Site Reserve No. 190, as affects the lands hereinafter described, is hereby revoked:

Shaking hands with literally thousands of people in the course of a season constitutes a demand would impair proper consideration of matters of the greatest moment to the Nation.

The time had now arrived for the people themselves to enter into the fight against depression and give full support to the measures taken by government so as to make them completely effective.

The one hundred and fifty-fourth anniversary of the signing of our treaties with France is a happy reminder of a continuing amity which has not only bound these nations together with ties of historic friendship and understanding but has…

I shall appreciate if you will express my deep appreciation of its significance and extend my cordial greetings to the participants in the occasion.

Mr. Henry L. Stevens, national commander of the Legion, and his associates have placed the entire organization also at the disposal of the organization that held its first meeting at the White House today.

Nothing could contribute more to the resumption of employment, to the stability of agricultural and other commodity prices, than to restore this money to work.

I am confident that the Legion and the organizations cooperating with it will perform a real service in the work undertaken.

I appreciate the efforts being made by the American Legion and associated organizations in organizing an intensive drive to begin February 15 to extend employment.