During the 1928 U.S. presidential election, Herbert Hoover made history when he ran under the Republican Party’s ticket. This resulted in a decisive victory against the Democratic candidate Alfred E. Smith, then serving as the governor of New York, with a record margin of 444-87 electoral votes. In securing his Presidency, Herbert Hoover carried 40 states further solidifying the voting public’s decision.
Herbert Hoover ran on the promise that he will sustain the same level of prosperity and peace that the American public has become accustomed to in the decades previous. His inaugural address was tinged with the same level of optimism and hope saying “I have no fears for the future of our country. It is bright with hope.”
Of course, by now, it is common knowledge that only a few months into the Presidency, the American Stock Market experienced a dramatic crash. This signaled the start of the Great Depression as the entire global market plunged into a state of crisis. This left the entire nation in the quagmire of widespread poverty, joblessness, and despair. Yet, despite it all, the Hoover Presidency stood its ground and weathered the storm.
Herbert Hoover won the U.S. Presidency under a campaign of optimism and hope. He promised that Americans would continue to enjoy the same level of prosperity they have since the end of the Great War. Yet, it seems fate had other plans for the great President Hoover as the stock market experienced a massive crash in October 1929, barely seven months since he was sworn into office.
It heralded what later came to be known as the Great Depression. The American economy spiraled out of control into the very depths of the global capitalist crisis. As banks and businesses went belly-up all over the country, more and more Americans were introduced to the horrors of unemployment. During the period of 1929 to 1932, the unemployment rates rose from a mere 3 percent to a ghastly 23 percent.
Needless to say, the country was in shambles as millions not only lost their jobs but their homes and life savings as well. It even came to a point when shantytowns became a normal part of the American landscape. Its residents called these slums Hoovervilles in honor of the President himself.
Sadly, this is what most people know about the great leader that is President Herbert Hoover.