Quote

There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation.

Herbert Hoover

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Herbert Hoover
Age: 90 †
Born: 1874
Born: August 10
Died: 1964
Died: October 20
31St U.S. President
Businessperson
Engineer
Geologist
Mining Engineer
Politician
Statesperson
Writer
West Branch
Iowa
Herbert Clark Hoover
Herbert C. Hoover
President Hoover
H. C. Hoover
H. Hoover
Way
Meet
Nation
Repudiation
Second
Unpaid
Ways
Taxation
Nations
Inflation
Three
Third
Firsts
Thirds
First
Bills

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National character cannot be built by law. It is the sum of the moral fiber of its individuals.
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The greatness of America has grown out of a political and social system and a method of control of economic forces distinctly its own - our American system.
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While the crash only took place six months ago, I am convinced we have passed the worst and with continued unity of effort we shall rapidly recover.
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The priceless treasure of boyhood is his endless enthusiasm, his high store of idealism, his affections and his hopes. When we preserve these, we have made men. We have made citizens and we have made Americans.
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It is well to remember that the office of Chief Executive is in part a symbol of the nation and that leaders in a nation may differ in their own house but they have instant solidarity in the presence of foreign attack
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The spiritual uplift, the goodwill, cheerfulness and optimism that accompanies every expedition to the outdoors is the peculiar spirit that our people need in times of suspicion and doubt...No other organized joy has values comparable to the outdoor experience.
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The only problem with capitalism is the capitalists.
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Above all, we know that although Americans can be led to make great sacrifices, they do not like to be driven.
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Wisdom consists not so much in knowing what to do in the ultimate as in knowing what to do next.
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Our strength lies in spiritual concepts. It lies in public sensitivities to evil. Our greatest danger is not from invading armies. Our dangers are that we may commit suicide from within by complaisance with evil, or by public tolerance of scandalous behavior.
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Fishing is more than fish it is the vitalizing lure to outdoor life.
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