When Herbert Hoover took over the presidency after Calvin Coolidge, the country seemed to be on a track of constant prosperity. Under the previous Republican administrations, he had served as the Secretary of Commerce, so there was little doubt in Hoover's mind that the economy would be nothing to worry about during his term in office. What Hoover didn't expect was to be thrown into the worse economic crisis the United States had ever been in.
Hoover's personal philosophy played a big part in how he dealt with the Great Depression. His philosophies of having people help themselves by reducing government handouts became the national economic policy. Though Hoover had seen the need for the government to be a part a large part of the national economy during World War I, he could not see the need for the government to be involved during a downturn in the economy. He argued that if the government were to prop people up, they would not be able to live on their own in the future, and would stay on government help for years. That American should be a place for self determination, and rugged individualism, not a place for a centralized socialist government that will play a big part in a person's life. He believed that the liberty that Americans loved most was found in the fact that government did not control any businesses, and did not invade too much into any American's lives. This liberty was the tradition of American culture, and Hoover did not want to change this tradition to solve the economic crisis. Instead, Hoover practiced a supply-side economics strategy, in which the government helped prop up the largest businesses of the day, with the hopes that the effects would trickle down through the economy to the entire country.
Hoover's philosophies prevented the government from having that much interaction with the economy at the time, so this made it look like the new administration was doing nothing to help relieve the depression.
August 10, 1874 Herbert Hoover was born in West Branch, Iowa. ... Hoover worked in Hospitals and Herbert Hoover directed the building of barricades. ... Hoover formed a committee and with in six weeks they had saved 120,000 American tourists. ... Later in 1921 Hoover became the Secretary of Commerce under Presidents Harding and Coolidge. ... In Hoovers later years, He wrote many articles and books. ...
Herbert C. Hoover Hebert Hoover was born on August 10th 1874, in West Branch, Iowa, to Jesse Clark Hoover and Huldah Minthorn Hoover. ... Before leaving for China Hoover, returned to the United States after his stay in Australia, to marry Lou Henry (they had 2 sons, Herbert Jr. and Allan). ... Hoover held that position for seven years In that seven years Hoover helped extend activities in foreign trade. ... In 1931, Hoover's last year as president, Hoover dam started being built. ...
Growing up in poverty, President Herbert Hoover dreamed of removing poverty altogether from the United States. ... Hoover had not even been President for eight months when the market crashed. ... Hoover tried his best to get this program off the ground, but it failed. ... Hoover passed the Federal Home Loan Bank Act to fight these foreclosures, and for possibly the first time, one of Hoover's actions helped and the mass foreclosures stopped. ... Even though this next President used Hoover's idea, he still criticized Hoover on his overspending and overtaxing. ...
Herbert Hoover spoke this. ... I will begin with Herbert Hoover. He was the Son of a Quaker blacksmith; Herbert Clark Hoover brought to the Presidency an unparalleled reputation for public service as an engineer, administrator, and humanitarian. ... In June 1900 the Boxer Rebellion caught the Hoovers in Tientsin. ... While his wife worked in the hospitals, Hoover directed the building of barricades, and once risked his life rescuing Chinese children. ...
During the period of the Great Depression, Herbert C. Hoover and Franklin D. ... It is commonly thought that President Herbert Hoover is a conservative. ... In the 1930s, Hoover's liberal side emerged. ... Roosevelt is a liberal and that President Herbert Hoover was a conservative is only half-true. ...
Herbert Hoover claimed that President FDR's New Deals were socialist and greedy. ... Hoover claims that the New Deal was a "spoils system [and] emotional economics" ("Herbert Hoover on the New Deal and Liberty," (1936), In Foner. 170). ... Herbert Hoover disregarded the impoverished Americans, and favored the rich. ... " (In Foner, "Herbert Hoover on" 172). ... President Herbert Hoover, however, feared FDR's policies because of his thought that he would lose his right to free enterprise. ...
Herbert Hoover was the 31st President of the United States. ... After graduation, Hoover had manyodd job's in gold minews. ... Hoover was the 1st president to have a telephone in his office. ... Hoover also believed the basis of his foreign policy was peace. ... The election of 1392, was not good for Hoover. ...
The Hoover Dam, which stands at 726 feet, was the world's tallest dam at the time of it completion in 1935. ... This massive dam was the idea of President Herbert Hoover. The structure's name was changed from Boulder Dam to the Hoover Dam in honor of him. ... Hoover is still today one of the country's largest power suppliers. The total cost of the Hoover Dam was $165 million. ...
Hoover Dam For citizens by the tumultious effects of the Great Depression, the Hoover Dam project provided two essentials that were in short supply: work and housing. ... When Herbert Hoover lost the White House to Franklin Roosevelt in 1932, Wilbur lost his position as Interior Secretary to Harold Ickes. Shortly thereafter Hoover also lost his dam. ... He failed to mention that Herbert Hoover was one of those men. ... The resolution read, in part, "as President, Herbert Hoover took an active part in settling the engineering problems and location of the dam in Black Canyon..." and noted ...
