Respectfully Quoted: A Dictionary of Quotations. 1989.
NUMBER: | 357 |
AUTHOR: | Herbert Clark Hoover (18741964) |
QUOTATION: | Let me remind you that credit is the lifeblood of business, the lifeblood of prices and jobs. |
ATTRIBUTION: | President President Hoover referred to three great perils that the nation faced. The first of these was the strangulation of credit through the removal of 3 billions of gold and currency by foreign drains and by the hoarding of our own citizens from the channels of our commerce and business. |
SUBJECTS: | Credit |