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Oh Yeah?

Reported by Marie Therese - August 8, 2004 -

In 1932 Edward Angly published a sarcastic little book entitled "Oh, Yeah?". It contained excerpts from newspaper reports and speeches by Herbert Hoover.

Thought our readers would appreciate what another stalwart "stay-the-course" Republican had to say. Hoover lost the 1932 election to Democrat Franklin Delano Roosevelt.

July 27, 1928: "The outlook of the world today is for the greatest era of commercial expansion in history. The rest of the world will become better customers." — Speech in San Francisco

September 17, 1928: "This recovery and this stability are no accident. It has not been achieved by luck. Were it not for sound governmental policies and wise leadership, employment condition in American today would be similar to those existing in many other parts of the world." - Campaign Address, Newark, New Jersey

October 24, 1929 - "Black Thursday" - The stock market crashes.

November, 1929: "Any lack of confidence in the economic future or the basic strength of business in the United States is foolish."

January 21, 1930: Definite signs that business and industry have turned the corner form the temporary period of emergency that followed delation of the speculative market were seen today by President Hoover. - News dispatch from Washington

May 1, 1930: "While the crash only took place six months ago, I am convinced we have now passed the worst and with continued unity of effort we shall rapidly recover. There is one certainty of the future of a people of the resources, intelligence and character of the people of the United States—that is, prosperity." - Address at annual dinner of the Chamber of Commerce of the United States

October 20, 1930: "President Hoover today designated Robert P. Lamont, Secretary of Commerce, as chairman of the President's special committee on unemployment." - Washington dispatch

October 21, 1930: "President Hoover has summoned Colonel Arthur Woods to help place 2,500,000 persons back to work this winter." - Washington dispatch

December 1930: "Economic depression cannot be cured by legislative action or executive pronouncement." - Message to Congress

October 18, 1931: "The depression has been deepened by events from abroad which are beyond the control either of our citizens or our government." - Radio address at Fortress Monroe, Virginia

October 22, 1932: "My fellow citizens, the most important issue before the American people right now is to overcome this crisis. What our people need is the restoration of their normal jobs, the recovery of agricultural prices and of business. They need help in the meantime to tide them over until these things can be accomplished and that they may not go hungry nor lose their farms and their homes.

Now I wish to present to you the evidence that the measures and the policies of the Republican administration are winning this major battle for recovery, and we are taking care of distress in the meantime. It can be demonstrated that the tide has turned and that the gigantic forces of depression are today in retreat. Our measures and policies have demonstrated their effectiveness. They have preserved the American people from certain chaos. They have preserved a final fortress of stability in the world.

Recovery would have been faster but for four months of paralysis during the spring months while we were defeating proposals of the Democratic House of Representatives.

Much has been accomplished despite the opposition of selfish groups and sections of our country and the unwillingness of a Democratic House of Representatives to cooperate, and much more must be done. The Democratic candidate says we have been extravagant, and in his various statements implies that we should make a defense of our actions. There will be no defense because none is needed." - Campaign speech in Detroit

For more go to Herbert Hoover predicts prosperity and The Gigantic Forces of Depression Are Today in Retreat.