But as the basis of the settlement of these debts was the capacity under normal conditions of the debtor to pay, we should be consistent with our own policies and principles if we take into account the abnormal situation now existing in…
Herbert Hoover
The Public Record
Herbert Clark Hoover was the 31st President of the United States, serving from March 4, 1929, to March 4, 1933. A member of the Republican Party, Hoover was born in Iowa but later moved to California. Before his presidency, he served as the Secretary of Commerce from 1921 to 1928, where he focused on promoting economic growth and efficiency. Hoover was also known for his humanitarian efforts during World War I, leading relief efforts in Europe and earning a reputation as a skilled administrator.
Our Government has not been a party to, or exerted any voice in determination of reparation obligations.
Authority of the President to deal with this problem is limited as this action must be supported by the Congress.
The American Government proposes the postponement during 1 year of all payments on intergovernmental debts, reparations, and relief debts, both principal and interest--of course, not including the obligations of governments held by private…
Therefore, reparations is necessarily wholly a European problem with which we have no relation.
Subsequent to the date hereof and prior to the date of restoration to general disposition as herein provided, no right may be acquired to such lands by settlement in advance of entry, or otherwise except strictly in accordance herewith.
It is hereby ordered that Executive Order No. 4889 of May 26, 1928, withdrawing certain public lands in Minnesota for classification and in aid of legislation, be, and it is hereby, revoked as to such of the lands not reserved by the act…
And it is hereby ordered, pursuant to Public Resolution 85, approved June 12, 1930 (46 Stat. 580), that, subject to valid rights and the provisions of existing withdrawals, the public lands in the areas released from such withdrawal shall…





