Herbert Clark Hoover Biography

Hoover directs voluntary conservation and federal controls over wartime food distribution.

Promotes business cooperation, standardisation and federal support for economic data collection.

Presses for clearer federal authority over the rapidly expanding radio industry.

Share prices collapse amid record selling during the Wall Street crash.

Supports the treaty extending naval limitation to cruisers, destroyers and submarines.

His administration supports the naval limitation agreement signed in London by the United States, Britain, Japan, France and Italy.

Hoover signs legislation raising duties on thousands of imported products.

A wave of bank failures intensifies contraction, deflation and public demand for currency.

The Reconstruction Finance Corporation begins lending to banks, railroads and other institutions.

The Act broadens eligible collateral and expands Federal Reserve emergency lending powers.

Death of Herbert Hoover