• Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate. It will purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values will be adjusted, and enterprising people will pick up from less competent people.

    "The Memoirs of Herbert Hoover - The Great Depression, 1929-1941". Book by Herbert Hoover, 1951.
Cite this Page: Citation