[Released January 14, 1932. Dated January 7, 1932]
My dear Mr. Phillips:
I have been interested to learn of your plans for a Building Merchandise Exposition as part of a systematic effort to promote modernization and restoration of existing properties for business and residence purposes. Such activity is an important supplement to new construction and is also desirable as a measure to promote employment. I hope that the exposition may contribute to attaining your objectives.
Yours faithfully,
HERBERT HOOVER
[Mr. Harry D. Phillips, Publications Director, the Real Estate Board of New York, Inc., 12 East 41st Street, New York City]
Note: The message was released in conjunction with the opening of New York's first exposition of merchandise and machinery for building maintenance and operation.
Herbert Hoover, Message to the Real Estate Board of New York. Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/207997