Herbert Hoover Quotes About Great Depression
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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.
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I am convinced that through these measures we have reestablished confidence.
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Gentleman, you have come sixty days too late. The depression is over.
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In the large sense the primary cause of the Great Depression was the war of 1914-1918. Without the war there would have been no depression of such dimensions. There might have been a normal cyclical recession; but, with the usual timing, even that readjustment probably would not have taken place at that particular period, nor would it have been a "Great Depression.
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Herbert Hoover
- Born: August 10, 1874
- Died: October 20, 1964
- Occupation: 31st U.S. President
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