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Herbert Clark Hoover Net Worth
How rich is Herbert Clark Hoover? For this question we spent 26 hours on research (Wikipedia, Youtube, we read books in libraries, etc) to review the post.
The main source of income: Authors
Total Net Worth at the moment 2024 year – is about $9,9 Million.
Youtube
Biography
Herbert Clark Hoover information Birth date: August 10, 1874 Death date: 1964-10-20 Birth place: West Branch, Iowa, United States Height:5 11 (1.8 m) Education:Stanford University Spouse:Josephine Henry Hoover Children:Herbert Jr. and Allan Henry, Herbert Jr. and Allan
Height, Weight:
How tall is Herbert Clark Hoover – 1,69m.
How much weight is Herbert Clark Hoover – 64kg
Photos
Wiki
Herbert Clark Hoover (August 10, 1874 – October 20, 1964) was the 31st President of the United States (1929–1933). Hoover, born to a Quaker family, was a professional mining engineer. He achieved American and international prominence in humanitarian relief efforts in war-time Belgium and served as head of the U.S. Food Administration during World War I. As the United States Secretary of Commerce in the 1920s under Presidents Warren G. Harding and Calvin Coolidge, he promoted partnerships between government and business under the rubric economic modernization. In the presidential election of 1928, Hoover easily won the Republican nomination, despite having no elected-office experience. Hoover is the most recent cabinet secretary to be elected President of the United States, as well as one of only two Presidents (along with William Howard Taft) elected without electoral experience or high military rank. President Calvin Coolidge had famously asserted that The business of America is business, and pro-business policies fostered an economic bubble that peaked in America in 1929, facilitating a landslide victory for Hoover over Democrat Al Smith.Hoover, a globally experienced engineer, believed strongly in the Efficiency Movement, which held that the government and the economy were riddled with inefficiency and waste, and could be improved by experts who could identify the problems and solve them. He also believed in the importance of volunteerism and of the role of individuals in society and the economy. Hoover, who had made a small fortune in mining, was the first of two Presidents to redistribute their salary (President Kennedy was the other, he donated all his paychecks to charity). When the Wall Street Crash of 1929 struck less than eight months after he took office, Hoover tried to combat the ensuing Great Depression with moderate government public works projects such as the Hoover Dam. Unfortunately, the record tariffs imbedded in the Smoot-Hawley Tariff and aggressive increases in the top tax bracket from 25% to 63%, coupled with increases in corporate taxes. yielded a balanced budget in 1933, but seriously hindered economic recovery. Instead, the economy plummeted and unemployment rates rose to afflict one in four American workers. This downward spiral set the stage for Hoovers defeat in 1932 by Democrat Franklin D. Roosevelt, who promised a New Deal. After Roosevelt assumed the Presidency in 1933, Hoover became a spokesman in opposition to the domestic and foreign policies of the New Deal. In 1947, President Harry S. Truman appointed Hoover to head the Hoover Commission, intended to foster greater efficiency throughout the federal bureaucracy. Most historians agree that Hoovers defeat in the 1932 election was caused primarily by the downward economic spiral, although his strong support for prohibition was also significant. Hoover is usually ranked lower than average among U.S. Presidents.
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Summary
Wikipedia Source: Herbert Clark Hoover