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Book description

Book description
Very good book, published in 1970, about the life and presidency of Herbert Hoover, one of the most accomplished, self-made men in American history, who earned fame and riches as a mining engineer and head of Belgian relief during World War I and its aftermath, and later became the most despised president in history during the Great Depression. Outstanding portrait of Hoover, an Iowa farm boy orphaned at a young age who by the age of 35 had traveled to six continents and become vastly wealthy finding mineral deposits for British companies, (he was in Stanfords first graduating class in 1895). His tireless efforts to feed Europeans during the war made Hoover an international hero and both political parties sought him out for president in 1920; announcing he was a nominal Republican, the bosses nominated the malleable Harding and Hoover became Secretary of Commerce, a rather insignificant post that he reformed. During the 1920s, Hoover was one of only a few standout political figures to come out of the Harding-Coolidge administrations. Applauded by liberals and progressives as well as most main-line Republicans, Hoover overwhelmed Al Smith in 1928 and became president with extremely high expectations. After the Stock Market Crash in October, 1929, Hoover stubbornly refused calls to deficit spend on relief for the poor and unemployed, although his Reconstruction Finance Corporation did pump money into large companies that were deemed too big to fail. As the country fell into the pit of financial collapse, Hoover worked 18 hours a day to resurrect the economy, without success. Great depictions of FDR, Andrew Mellon, Douglas MacArthur, Ogden Mills, Alfred E. Smith and other notable figures from the day. Half of the book is taken up with discussion of 1932, the Bonus March and the banking crisis and the election. A very interesting book.
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