1. 1928 Election (R) Herbert Hoover Continued prosperity
“A chicken in every pot and a car in every garage.”
(D) Al Smith
Catholic from New York

2. HOOVER Wins Continues economic policies Low taxes, high tariffs
Economic trouble under the surface…

3. Stock Market Crash
October 29, 1929

4. Hoover’s Philosophy
Rugged individualism – idea that people did not want help … degrading to get assistance from the government
NOT the job of government to offer direct relief
Churches and charitable organizations should feed, cloth , help
Bad precedent for government to grow large enough o do what was needed

5. Cautious Action
Urged business leaders to work together to solve the crisis
Boulder Dam
Federal Project to dam the Colorado River
Pay workers with profit from selling electricity
One of the first federal works programs
Government aid to banks and businesses, but NOT individuals

6. Bonus Army
WW I veterans were promised a bonus payment for their service
Bonus was to be paid in 1945
Veterans wanted it NOW when they needed it
March on Washington
Hoover called out the army to disburse them … tear gas, shots fired, tanks, casualties

7. Election of 1932 (R) Herbert Hoover
“Prosperity is just around the corner”
(D) Franklin Delano Roosevelt (FDR)
New Deal
Had polio, wheel chair, inspiring speaker