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Lamont, Thomas William
Document number:
25324
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"There is nothing in the present situation to suggest that the normal economic forces, working to correct excesses..."
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Full Quote:
"There is nothing in the present situation to suggest that the normal economic forces, working to correct excesses and to restore the proper balance of affairs, are still not operative and adequate."
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Text may be copied and used consistent with our
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Courtesy: Eigen's Political & Historical Quotations." This permission does
NOT extend to the pictures and graphics."
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Context:
President Hoover asked a group of prominent citizens to make recommendations to him regarding rumors of instability in the stock market.10 days later was Black Tuesday where the stock market crashed and started the great depression.
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