“Gentleman, you have come sixty days too late. The depression is over.”
– Herbert Hoover, responding to a delegation requesting a public works program to help speed the recovery, June 1930
The Dow Jones tanked for another two years after this proclamation.
But he never thought he was wrong about letting the Free Market run our economy.
Go to this URL to see other great quotes about the Crash of 1929.
http://www.gold-eagle.com/editorials_01/seymour062001.html
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