Today's Agenda
Bellwork
Announcements
Questions
Bellwork Review
Lecture
The Great Depression
Our Objective: Understand president
Herbert Hoover's reaction and actions
to combat the Great Depression.
Our Standards Today
US.46 Describe the steps taken by President Hoover to
combat the economic depression, including his philosophy
of “rugged individualism,” the Reconstruction Finance
Corporation, and the response to the “Bonus Army.” (E,
P)
Video Time:
https://www.youtube.com/
watch?v=zSfzFWU5LbY
https://www.youtube.com/
watch?v=TpfY8kh5lUw
The Great Depression
http://www.history.com/topics/great
-depression
Timeline:
http://www.pbs.org/wgbh/american
experience/features/timeline/railstimeline/
The Dust Bowl
A storm of DIRT:
http://www.history.com/topics/dust-bowl
One of FDR’s Fireside Chats:
http://www.history.com/speeches/fdrsfireside-chat-on-dust-bowl
President Herbert Hoover
Hoover was President at a bad time in our
nation's history
“Herbert Hoover achieved international success as a mining
engineer and worldwide gratitude as "The Great
Humanitarian" who fed war-torn Europe during and after
World War I, while serving as America's 31st president from
1929-1933.”
http://www.whitehouse.gov/1600/presidents/h
erberthoover
“Rugged Individualism”
Primary Document: The Speech by Hoover,
http://teachingamericanhistory.org/library/document/rugge
d-individualism/
What do you think Hoover means by “Rugged
Individualism?”
Hoovervilles
Bonus Army
They wanted their bonus early
How much was the bonus?
“Veterans up to the rank of major with at least 60 days
service each received a dollar for each day of domestic
service up to $500 and $1.25 for each day of overseas
service up to $625. The bond that each received in 1924
(in lieu of cash) would accumulate compound interest,
resulting in an average payment of about $1,000 for each
veteran in 1945.”
http://www.worldwar1.com/dbc/bonusm.htm
They Marched on DC, but Hoover finally sent them home
On July 29,1932, Hoover ordered Douglas McCarthur to
send troops in to storm several buildings that the veterans
were occupying as well as their main camp, setting the
tents on fire and forcing an evacuation. When it was over,
one veteran had been killed and about 50 veterans and
Washington police had been injured in various
confrontations.
Reconstruction Finance Corporation
President Hoover signs the bill into law,
http://www.presidency.ucsb.edu/ws/?pid=23210
“Reconstruction Finance Corporation (RFC), U.S. government agency
established by Congress on January 22, 1932, to provide financial aid
to railroads, financial institutions, and business corporations. With the
passage of the Emergency Relief Act in July 1932, its scope was
broadened to include aid to agriculture and financing for state and
local public works.
The RFC made little use of its powers under the Herbert Hoover
administration but was more vigorously utilized during the New Deal
years and contributed greatly to the recovery effort. During World War
II the agency was enormously expanded in order to finance the
construction and operation of war plants and to make loans to foreign
governments.”
http://www.britannica.com/EBchecked/topic/493753/RFC
Our Standards Today
US.47 Write a narrative piece that includes
multiple media components to describe the
toll of the Great Depression on the
American people, including massive
unemployment, migration, and
Hoovervilles. (C, E, H, G)