"President Hoover predicted today that the worst effect of the crash upon unemployment will have been passed during the next sixty days."-Washington dispatch: 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...:- President Hoover: 1930
"President Hoover has summoned Colonel Arthur Woods to help place 2,500,000 persons back to work this winter."- Washington dispatch: 1930
"The depression has ended."- Dr. Julius Klein : June, 1931
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