Homestead mailing list

[Clansgian AT wmconnect.com]

> 
> >If you can, you should see if you can find a book called, Oh Yea.  I am 
> >not 
> sure who it is by, but it has all the statements by the big shots in the 
> 


Such as:

        



September 1929

"There is no cause to worry. The high tide of prosperity will continue." — 
Andrew W. Mellon, Secretary of the Treasury.



October 14, 1929

"Secretary Lamont and officials of the Commerce Department today denied 
rumors that a severe depression in business and industrial activity was 
impending, 
which had been based on a mistaken interpretation of a review of industrial 
and credit conditions issued earlier in the day by the Federal Reserve 
Board." — 
New York Times



December 5, 1929

"The Government's business is in sound condition." — Andrew W. Mellon, 
Secretary of the Treasury



December 28, 1929

"Maintenance of a general high level of business in the United States during 
December was reviewed today by Robert P. Lamont, Secretary of Commerce, as an 
indication that American industry had reached a point where a break in New 
York stock prices does not necessarily mean a national depression." — 
Associated 
Press dispatch.



January 13, 1930

"Reports to the Department of Commerce indicate that business is in a 
satisfactory condition, Secretary Lamont said today." - News item.



January 21, 1930

"Definite signs that business and industry have turned the corner from the 
temporary period of emergency that followed deflation of the speculative 
market 
were seen today by President Hoover. The President said the reports to the 
Cabinet showed the tide of employment had changed in the right direction." - 
News 
dispatch from Washington.



January 24, 1930

"Trade recovery now complete President told. Business surveyconference 
reports industry has progressed by own power. No Stimulants Needed! Progress 
in all 
lines by the early spring forecast." - New York Herald Tribune.



March 8, 1930

"President Hoover predicted today that the worst effect of the crash upon 
unemployment will have been passed during the next sixty days." - Washington 
Dispatch.



May 1, 1930

"While the crash only took place six months ago, I am convinced we have now 
passed the worst and with continued unity of effort we shall rapidly recover. 
There is one certainty of the future of a people of the resources, 
intelligence 
and character of the people of the United States - that is, prosperity." - 
President Hoover



June 29, 1930

"The worst is over without a doubt." - James J. Davis, Secretary of Labor.



August 29, 1930

"American labor may now look to the future with confidence." - James J. 
Davis, Secretary of Labor.



September 12, 1930

"We have hit bottom and are on the upswing." - James J. Davis, Secretary of 
Labor.



October 16, 1930

"Looking to the future I see in the further acceleration of science 
continuous jobs for our workers. Science will cure unemployment." -Charles M. 
Schwab.



October 21, 1930

"President Hoover has summoned Colonel Arthur Woods to help place2,500,000 
persons back to work this winter." - Washington Dispatch



November 1930

"I see no reason why 1931 should not be an extremely good year." - Alfred P. 
Sloan, Jr., General Motors Co.



June 9, 1931

"The depression has ended." - Dr. Julius Klein, Assistant Secretary of 
Commerce.

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