2. +
15.4:
The Election of 1932
Key Terms:
Hawley-Smoot Tariff
Bonus Army
Key Questions:
#1) How did Hoover attempt to end the Depression & its hardships?
#2) Describe FDR’s appeal to voters in 1932.
#3) Why was the election of 1932 a significant turning point in American
politics?
3. +
1932 Campaign Songs
Roosevelt—”Happy Days Are
Here Again!”
“Happy days are here again,
The skies above are clear again
Let us sing a song of cheer again
Happy days are her again.”
Hoover—”Brother Can You
Spare a Dime?”
“Once I built a railroad
I made it run
Made it race against time.
Once I built a railroad
Now it’s done
Brother, can you spare a dime?”
4. +
Hoover’s Limited Strategy
The key to recovery was confidence
Depression was due to problems “beyond our control” &
conditions would improve soon
Hoover banked on voluntary action
Republicans took a beating in 1930 mid-term elections
By 1931 many companies were cutting wages
People started to blame Hoover for misery
Hoover was forced to take action
5. +
The Government Acts
Funded dams, roads, buildings, parks, etc.
Construction began on Boulder Dam (later Hoover Dam) in 1930
Congress passed Hawley-Smoot tariff in 1930
Highest import tax in history
Hoped to protect domestic industries from imports, but backfired as
European countries also raised their tariffs
International trade stalled & European economies weakened
Est. Reconstruction Finance Corporation (RFC) in 1932
Gave gov’t credit to industries, RRs, insurance companies, banks, etc.
Idea was that prosperity at the top would help the economy as a
whole
Resented b/c seemed like gov’t helped bankers & big business
leaders while others were hungry
7. +
Hoover’s Unpopularity Grows
Hoover insisted that state & local gov’ts could
handle relief
Didn’t want too much gov’t bureaucracy
Seemed cold-hearted
People went hungry as newspapers showed
Hoover feeding his dog
More Americans started buying into ideas of
John Maynard Keynes (Brit. economist) ideas
Massive gov’t spending would help collapsing
economy & encourage more private spending
8. +
Veterans March on Washington
Hoover’s low point
Jobless WWI vets & families camped out in Washington, DC;
40K+ in #
Nicknamed Bonus Army
Wanted immediate payment of pension bonus (not supposed to
get it until 1945)
Rejected by Senate (controlled by GOP)
Thousands of the of the Bonus campers stayed put in their
shacks
Hoover called in the army
Led by Douglas MacArthur to clear out Pennsylvania Ave
MacArthur used tanks & guns against bricks & stones
1K+ inured, 4 killed; Bonus Army shoved out of Washington
9.
10. +
A “New Deal”
“I pledge myself to a new deal for the American people.”—FDR @
Democratic National Convention in Chicago in July 1932
FDR’s Bio
Born in 1882
Graduated from Harvard
NY State Senate
Assistant Secretary of the Navy under Wilson
Ran as VP in ’20, but lost
Struck w/ polio in ’21; spent much of ‘20s recovering @ Warm Springs, GA
Governor of NY, 1929-1932
Wealthy background, but concern for ordinary people
Eleanor’s bio
Niece of TR & distant cousin to FDR
Very active politically—gov’t reform, birth control, better work conditions for women
11.
12. +
The Election of 1932
“This campaign is more than a
contest between two men…It
is a contest between two
philosophies of
government.”—Hoover,
October 1932
Hoover on the Democratic
platform if its ideas were
adopted, “this will not be the
America which we have known
in the past.”
*See sidebar on p. 528
FDR called for a “reappraisal
of values” and controls on big
business
Contrast of ideologies
Gov’t should NOT fix people’s
problems vs. large-scale
problems, like the Depression,
required gov’t help
13. +
Election of 1932
Roosevelt wins easily
Wins by 7 million popular
votes & 400+ electoral votes
Supporters: urban workers,
coal miners, immigrants of
Catholic & Jewish descent
Roosevelt on inauguration day,
“This nation asks for action
and action now.”
Sweeping changes would soon
come
“So first of all let me assert my
firm belief that the only thing
we have to fear is fear itself.”
14.
15. +
15.4:
The Election of 1932
Key Terms:
Hawley-Smoot Tariff
Bonus Army
Key Questions:
#1) How did Hoover attempt to end the Depression & its hardships?
#2) Describe FDR’s appeal to voters in 1932.
#3) Why was the election of 1932 a significant turning point in American
politics?