Respectfully Quoted: A Dictionary of Quotations. 1989.
| NUMBER: | 357 |
| AUTHOR: | Herbert Clark Hoover (1874–1964) |
| QUOTATION: | Let me remind you that credit is the lifeblood of business, the lifeblood of prices and jobs. |
| ATTRIBUTION: | President President Hoover referred to “three great perils” that the nation faced. The first of these was the “strangulation of credit through the removal of 3 billions of gold and currency by foreign drains and by the hoarding of our own citizens from the channels of our commerce and business.” |
| SUBJECTS: | Credit |