LYCOS RETRIEVER 
Herbert Hoover: Great War
built 278 days ago
Together with nine engineer friends Hoover loaned desperate travelers $1.5 million. All but $400 was returned, confirming the Great Engineer's faith in the American character. The difference between dictatorship and democracy, Hoover liked to say, was simple: dictators organize from the bottom down, democracies from the bottom up.
Source:
On poverty, Hoover promised: "We in America today are nearer to the final triumph over poverty than ever before in the history of any land." Within months, the Stock Market Crash of 1929 occurred, and the nation's economy spiraled downward into what became known as the Great Depression.
Source:
Hoover's economy was put to the test with the onset of the Great Depression in 1929. It was his vocal stance on non-intervention that led to public perception that he was a laissez-faire, 'do nothing' president, which his supporters deny.
Source:
Two individuals gave him special encouragement during his Salem years, Hoover later recalled. Sunday school teacher Jennifer Gray encouraged him to read more broadly and think about the larger world. Engineer Robert Brown told him that engineering was a great profession, but that he needed to attend college to become a professional engineer.
Source:
Unemployment rose to 24.9% by the end of Hoover's presidency in 1933, at the depth of the Great Depression. Hoover ... vetoed the Muscle Shoals Bill in 1931, which would have provided cheap energy to the Tennessee river valley, which could have silenced some critics.
Source:
MORE ABOUT
Great War