LYCOS RETRIEVER 
Herbert Hoover: Congress
built 278 days ago
In 1932, Hoover continued to adhere, at least publicly, to the economic orthodoxy of a balanced budget. So did Congress, where a national sales tax almost passed under sponsorship from the leadership of both parties. Hoover expressed more progressive sentiments in a memo to Congressman Charles Crisp, arguing for higher excise taxes on luxuries and higher income taxes on the wealthy. Later Hoover said that high estate taxes were essential. The Revenue Act of 1932 embodied most of these ideas.
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Hoover devoted the early days of his presidency to improving the economic conditions of farmers. He advocated foreign tariffs on imported farm products as a way to protect domestic farm prices. Congress went beyond Hoover's recommendation and in 1930 enacted the Hawley-Smoot Tariff Act (19 U.S.C.A. § 1303 et seq.), which placed tariffs on nonfarm products as well. The act severely damaged U.S. foreign trade.
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In 1896, Hoover attempted to run for Congress in California. He failed, being defeated by 700 votes. He moved to South America in 1898 to study rocks and returned to the United States in 1906 with a Brazilian wife.
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