Woodrow Wilson actually said...
the minimum of $25.00 on each lot sold for less than $50.00 must be paid in cash within the time hereinafter specified, and if the price bid is $50.00 or more, one-half of the bid price must be paid in cash within said specified time and the remainder within one year from the date of the register's certificate of sale, or the entire purchase price may be paid at the time of sale.
07/10/1916