Hoover v. Roosevelt

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Hoover v. Roosevelt
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Herbert Hoover

• Presidency begins March 1929
• Stock Market Crashes in October 1929
• Conservative Republican
• Pro-business

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Attempts to pull us out of Depression

• Voluntarism
• - Businesses volunteer to help
• - dont cut production or lay off workers
• - failed!
• Government Spending
• - proposed 423 million
• - urged state and local govt. to fund public
  construction
• - too little to have an impact
• - eventually backs down

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Attempt to help Agriculture

• Agricultural Marketing Act (April 1929)
• - maintain prices
• - surpluses would be purchased
• Hawley-Smoot Tariff
• - highest in history
• - actually hurts farmers
• Neither helped!

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Reconstruction Financial Corporation

• January 1932
• Federal loans to
• - Banks, Railroads Businesses
• Funds for local public works projects
• Failed
• - only loans to those w/ collateral
• - only work programs that will pay for
  themselves (toll bridges)

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The Bonus Army

• 20,000 WWI Veterans
• March on Washington in June
• Demand early payment of war bonus
• Camp out until mid-July

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Hoover orders police to clear them out of Federal
Buildings 2 vets die US army called in to help
clear them out
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Election of 1932
Hoover
Roosevelt
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Does He Actually Have A Plan?
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A New Deal

• I pledge to you, I pledge myself, to a new deal
  for the American people.
• Promises
• - Relief
• - Recovery
• - Reform

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Polio

• FDR in a wheelchair due to polio
• Press does not photograph his wheelchair
• Many Americans have no idea their President is in
  a wheelchair

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Eleanor Roosevelt

• Became the eyes and ears of the President
• Collected and shared info with her husband
• 1st First Lady to take a major political role

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Lame Duck Ville
Financial Stability
Balanced Budget and Business Confidence
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Fireside Chats

• Radio addresses
• As if he is in your home speaking with you
• Made people
• feel like they knew him

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