Today we went over the events that have been happening this week. And then we kept presenting.
What did the U.S Gov. do to help alleviate the problems the G.D brought to our country?
What hoover did:
Facts:
- Born in West Branch, Iowa
- August 10,1874
- Orphan
- Lived with his uncle in Oregon
- Didnt attend high school
- Attended Stanford University for 4 years
- Married to Lou Henry Hoover
- 2 Children
- Herbert Hoover Jr. and Allan Hoover
Jobs before presidency
- Mining engineer
- Civil engineer
- Businessman
- Humanitarian
inaugural address
- Speech was made March 4th, 1929
Accomplishments
- Hoover initiated the construction of the Hoover Dam
- He made many attempts to end the Great Depression and failed every attempt
- Re-election in 1932 but the Americans wanted a change of direction
- Hoover looked past all the great things because of the G.D
- Made the Star-Spangled Banner
- Went after mobsters and prosecuted Al Capone
- Add more land to the National Parks system
- Prison Reform
- Treaty of Ancons (peace treaty between chile and Peru about Antarctica)
- Canceled private oil leases on govt lands
- Wrote Children's Charter advocating protection to every child (no matter race or gender)
- Doubled veteran's hospital facilities
- Withdrew troops from Nicaragua and Haiti
- Hoover Plan (1/3 reduction of world's naval power)
Reconstruction Finance Corporation
- Created in 1932
- Purpose was to help economic activity by lending money in the depression
- lent money only to financial, industrial, and agricultural institutions. But then it's operations was greatly widened by the New Deal Administration
- Gave out money to business to expand and be able to give people jobs
- Made loans to foreign governments, provided protection against war and disaster damages
- Disbanded in 1957. made loans of 1 billion since its creation in 1932
During the Depression
- went down in history as uncaring, chief executive
- Hoover was actually a strong believer in Laissez-faire
- too much government intervention would destroy individuality and self reliance
- right place, wrong time
- failed to alleviate the situation
- Very progressive; Great Depression intervened
- reputation only partially deserved
Great Depresion
- Hoovers policies
- RFC; followed up by the New Deal
- Mexican Repatriation program-
- authorized to combat unemployment, reduced burden on aid services, and remove people thought to be taking American jobs. Gave more jobs up to American people
Strategies
- regularly criticized for his laissez-faire approach to the Depression
- rejected Treasury Secretary Andrew Mellon's "leave-it-alone" approach
- Rather than trying something different, he clung to his program, became more defensive, tried to convince himself and Americans that things were getting better, lost support of the nation
During Depression
- he lowered taxes and started public works projects to create jobs
- loans went to banks and big businesses not to the unemployed, homeless, or needy
- called many business leaders to Washington to urge them not to lay off workers or cut wages
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