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Hoover was a good guy!!!

Didn't want to do too much as he was afraid the American people would
loose their sense of self sufficiency and "wild west" spirit.
Hoover was dismayed by the economic situation however he maintained
an aura of confidence, attempting to proceed with business as usual…

Page 2

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steps to curb stock manipulation and other excesses. Yet he undercut his
own threat by placing ultimate responsibility for such measures on New
York State's new governor, Franklin D. Roosevelt.



After the Wall Street Crash, Hoover summoned industrialists to the White
House on November 21, and secured a promise to…

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