Hoover

Herbert HooverHerbert Hoover

3131stst president president

RepublicanRepublican

1929-19331929-1933

The only problem with Capitalism is

greedy capitalists!

The Wonder Boy!The Wonder Boy!

► Saved BelgiumSaved Belgium► Invigorated the countryInvigorated the country► Secretary of CommerceSecretary of Commerce

► "There could not be a finer one”"There could not be a finer one” – –FDRFDR

Charles CurtisCharles Curtis

Al “coholic” SmithAl “coholic” Smith

► Party of Rum, Party of Rum, Romanism and Romanism and Ruin!!!Ruin!!!

1928 election1928 election► "Americans knew they may have more fun with Smith, but "Americans knew they may have more fun with Smith, but

that they would make more money with Hoover." that they would make more money with Hoover."

► "We in America "We in America today are nearer to today are nearer to the final triumph the final triumph over poverty than over poverty than ever before in the ever before in the history of any land." history of any land."

Black Tuesday!Black Tuesday!

► ““We have passed the worse and shall rapidly recover!”We have passed the worse and shall rapidly recover!”

Causes of the DepressionCauses of the Depression

► Installment buyingInstallment buying► Too much supply, not enough demand!Too much supply, not enough demand!► "My candle burns at both ends; It will not "My candle burns at both ends; It will not

last the night; But ah, my foes, and oh, my last the night; But ah, my foes, and oh, my friends - It gives a lovely light" friends - It gives a lovely light"

► Loss of incomeLoss of income Market crashMarket crash Banks in the marketBanks in the market Foreign countries can’t help-World Wide Foreign countries can’t help-World Wide

problems!problems!

What to do???What to do???► VolunteerismVolunteerism

HoovervillesHoovervilles

► Cinderella ManCinderella Man

Reconstruction Finance Reconstruction Finance CorporationCorporation

►Stimulus?Stimulus?

Hawley SmootHawley Smoot

Revenue Act of 1932Revenue Act of 1932

► Raise taxes from Raise taxes from 25% to 63% on 25% to 63% on highest incomeshighest incomes

Bonus ArmyBonus Army

Attack?Attack?

Japan in ManchuriaJapan in Manchuria

Stimson DoctrineStimson Doctrine

Good Neighbor PolicyGood Neighbor Policy

The Noble The Noble ExperimentExperiment

Poor Poor Hoover?Hoover?

Hoover DamHoover Dam

►19311931

Interesting FactsInteresting Facts

Last president to go right from cabinet post to Last president to go right from cabinet post to presidentpresident

► ““Although no one would say it at the time, Although no one would say it at the time, practically the whole New Deal was practically the whole New Deal was extrapolated from programs that Hoover extrapolated from programs that Hoover started." –Rexford Tugwell (democrat)started." –Rexford Tugwell (democrat)

► Longest retirement of all presidents-31 Longest retirement of all presidents-31 years (lived until age 90, October of 1964)years (lived until age 90, October of 1964)

““I outlived all of those bastards!”I outlived all of those bastards!”

All in the Family?All in the Family?► Is he right?Is he right? Boy the way Glen Miller played

Songs that made the hit parade. Guys like us we had it made, Those were the days.

And you knew who you were then, Girls were girls and men were men,

Mister we could use a man Like Herbert Hoover again.

Didn't need no welfare state, Everybody pulled his weight. Gee our old LaSalle ran great. Those were the days.