Herbert Hoover Depression Quotations

I'm the only person of distinction who has ever had a depression named for him.

Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves.

Gentleman, you have come sixty days too late. The depression is over.

In the larger view the major forces of the depression now lie outside of the United States, and our recuperation has been retarded by the unwarranted degree of fear and apprehension created by these outside forces.

Economic depression can not be cured by legislative action or executive pronouncement.

I am convinced that through these measures we have reestablished confidence.

While the crash only took place six months ago, I am convinced we have passed the worst and with continued unity of effort we shall rapidly recover.