Main Idea: The Hoover administration struggled to solve the nations’s vast economic problems.
Objectives: List the ways in which Hoover tried to end the Depression
- Government help to banks and businesses
- Asked Labor leaders to abandon wage demands,
- Industry leaders to keep employment high,
- Bankers to continue lending
- Favored disarmament
Describe the change in policy toward Latin America under Hoover.
Hoover abandoned military intervention in Latin American countries. Hoover withdrew troops from Nicaragua and refused to intervene in the affairs of Latin American states had repudiated their debts to the US “non intervention policy.”
Describe the Hoover-Stimson Doctrine and evaluate its effectiveness.
The Hoover Stimson Doctrine was designed to enlist world opinion against aggressor nations, did nothing to aid China and served only to irritate the Japanese. Stimson wanted the policy to act as a warning, which later might be backed up by economic or military. Hoover said that the US was not responsible for policing other nations. It was effective though Congress had to override Hoover’s veto. The american people no longer wanted to defend the islands, upholding the American anti-imperialist past.
Moratorium- suspension
Hoover’s Policies
- Leaders to abandon wage demands
-Industry leaders to keep employment hight
-Bankers to continue lending
-Believed in Disarmament
-International Memorandum
-Not interfering in Latin America
