Stock Market Crash
Herbert Hoover and the Great Depression Notes
Big Questions
What were Hoover’s underlying beliefs regarding federal government responses to the Great Depression?
What actions did he take to alleviate economic distress?
How did he evolve during his presidency?
Were his potential solutions effective in addressing the economic crisis?
Document Summaries
Document 1: Herbert Hoover Campaign Speech, October 22, 1928
Hoover warned against increased government control during wartime, arguing it led to a centralized, socialistic state.
He advocated for "rugged individualism" and self-government, emphasizing minimal government intervention in the economy to restore confidence and enterprise.
Document 2: President Herbert Hoover, Press Statement, February 3, 1931
Hoover asserted that the main issue was not hunger but the method to prevent it without compromising self-help and individual responsibility.
He expressed concerns over federal appropriations leading to reliance on government charity, fearing a detriment to American ideals of self-governance and mutual assistance.
Document 3: President Herbert Hoover, Annual Message to Congress, December 8, 1931
Hoover remained opposed to government direct relief for individuals, attributing European unemployment issues partly to such practices.
He stressed the importance of local government and community support in addressing economic distress.
Document 4: President Hoover, Acceptance Speech for Republican Nomination, August 11, 1932
Hoover defined the federal government's role as protective, supporting local governments and institutions rather than providing direct relief.
He rejected the notion of government relieving individuals of their responsibilities to their neighbors and communities.
Document 5: 1935 Cartoon “Hooverville”
The cartoon reflects public sentiment regarding Hoover's perceived inaction during the depression, highlighting the disconnect between his policies and the realities faced by people living in "Hoovervilles."
Document 6: Caroline Bird, The Invisible Scar, 1967
Describes the severe suffering of Kentucky coal miners during the Depression.
Provides vivid illustrations of the dire living conditions and hunger, juxtaposed with Hoover's assertion that "no one has starved."
Highlights discrepancies between government claims and the real hardships experienced by many citizens.
Position and Justification
Choice A: A misguided and perhaps narrow-minded man, unable to see that his own policies caused and could not end the Depression.
Justification: Hoover's steadfast commitment to individualism and local responsibility often disregarded the overwhelming need for direct federal intervention in a rapidly deteriorating economic environment.