1930 State of the Union Address
This article relies largely or entirely on a single source. (September 2021) |
The 1930
During the past 12 months, we have suffered with other nations from economic depression. The origins of this depression lie to some extent within our own borders, through a speculative period which diverted capital and energy into speculation rather than constructive enterprise. Had over-speculation in securities been the only force operating, we should have seen recovery many months ago, as these particular dislocations have generally readjusted themselves.[1]
References
- ^ "Transcript – December 2, 1930: Second State of the Union address". Miller Center of Public Affairs. 20 October 2016. Retrieved August 10, 2023.