[Released April 9, 1930. Dated April 7, 1930]
My dear Mr. Banham :
I have your kind letter of April 4th. I have been much interested in the survey made by the New York Board of Trade, which is very encouraging.
I am to deliver an address before the United States Chamber of Commerce in the course of the next few weeks, on which occasion I hope to make a statement as to the business situation.
Yours faithfully,
HERBERT HOOVER
[Mr. W. J. L. Banham, New York Board of Trade, Inc., 41 Park Row, New York City]
Note: The survey referred to in the letter brought together some 1,000 reports on all lines of business. Eighty-six percent of the returns indicated an expectation of business revival in the spring.
Herbert Hoover, Letter to W. J. L. Banham on the Survey Made by the New York Board of Trade. Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/210337