Word: hoover
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Dates: during 1930-1939
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Father Trefethen loses, but his is a common misprision. The convictions of hundreds of listeners to the contrary, no "March of Time" character except Christopher Morley has ever impersonated himself or herself. No mechanical reproduction is used. Radioactor William Adams plays Mr. Roosevelt; Ted di Corsia impersonates Mr. Hoover; Jack Smart is Senator Huey Long...
President Hoover last week revealed himself as an undaunted top-notch tariff Republican to the end. To a world of depreciated currencies, he made object lessons of sneakers from Japan, rubbers from Czechoslovakia. Alarmed at growing imports of such footgear, the U. S. Tariff Commission found that they were being produced abroad in terms of cheap money at less than the cost of raw materials to U. S. manufacturers in gold dollars. In 1930 Japan exported to the U. S. 1,074,096 pairs of rubber-soled shoes, in 1932, 2,467,646 pairs. Ineffective appeared U. S. tariff rates...
...Tariff Commission's recommendation, President Hoover took the most drastic action within his power-a proclamation transferring the application of U. S. tariff rates from the low foreign valuation to the high U. S. selling prices. His order will take effect the day before he leaves the White House...
With the expanding frontier (both physical and industrial) gone, the U. S., says Seldes. has changed quickly out of some people's knowledge: notably Herbert Hoover's, who "deeply believed in the common words of flattery always given to America and was evolving out of them a philosophy of American life. He risked his popularity and his re-election to stand by his beliefs. It was unfortunate that the actualities to which his beliefs correspond had vanished from America a generation before." Seldes thinks public opinion in the last three years has gone far to catch...
...August of 1914. The situations are almost parallels. In each case, a disaster threatened; in each case, authority refused to check the force of events lest the very movement of checking should bring on catastrophe. The memoirs of Grey of Fallodon match the apologies made for Coolidge and Hoover." Calling the 1929 crash not inevitable but predictable and predicted, Seldes shows how the U. S: gradually began to disbelieve official explanations of the Depression and official prophecies that it would soon be over. He disagrees with "the incompetent business man" who "let it be known that fortunes were made...