Herbert Clerk Hoover Biography

Birth of Herbert Hoover, West Branch, Iowa, son of Quakers

Appointed Chairman of the American Relief Commission in London

Appointed Chairman of the American Relief Commission in Belgium

Appointed Food Administrator

Appointed Secretary of State for Commerce

Presides over the National Conference on Unemployment, estimated at 5.7 million

Presides over the National Conference on Unemployment, estimated at 5.7 million

Publication of "American Individualism"

The USA announces that it will build the most powerful cruiser fleet in the World

65 states including Russia & the USA sign the Kellog-Briand Pact

War is outlawed & disputes must be settled peacefully

Wins 444 electoral votes to 87 for Alfred Smith. Elected President of the USA, wins 58% of the popular vote

Elected President of the USA, wins 58% of the popular vote

The USA & Great Britain sign an agreement for complete parity in all naval vessels

When the depression spreads to Europe Hoover accepts a moratorium on debts

Creates the Federal Farm Board

Appointed President of the USA, 31st President

The USA & Great Britain sign an agreement for complete parity in all naval vessels

After a six-year run when the world saw the Dow Jones Industrial Average increase in value fivefold, prices peaked at 381.17 on September 3, 1929, the market then fell sharply for a month, losing 17% of its value on the initial leg down

Black Friday on the stock exchance of New York starts the world economic crisis

The decline then accelerates into the so-called "Black Thursday", October 24, 1929. A record number of 12.9 million shares were traded on that day

Black Friday on the stock exchance of New York starts the world economic crisis

The October 1929 crash came during a period of declining real estate values in the United States (which peaked in 1925) near the beginning of a chain of events that led to the Great Depression, a period of economic decline in the industrialized nations. The decline then accelerates into the so-called "Black Thursday", October 24, 1929. A record number of 12.9 million shares were traded on that day

The first "Black Monday", more investors decide to get out of the market, and the slide continues with a record loss in the Dow for the day of 13%

The first "Black Monday", more investors decide to get out of the market, and the slide continues with a record loss in the Dow for the day of 13%

The market loses $14 billion in one day, bringing the loss for the week to $30 billion, ten times more than the annual budget of the federal Government, far more than the U.S. had spent in all of World War I. "Black Tuesday", about 16 million shares are traded, he volume on stocks traded is a record that was not to be broken for nearly 40 years

The market loses $14 billion in one day, bringing the loss for the week to $30 billion, ten times more than the annual budget of the federal Government, far more than the U.S. had spent in all of World War I. The market bottoms out at 41.22 on July 8 1932, concluding a shattering 89% decline from the peak

This record states: "Black Tuesday", about 16 million shares are traded, he volume on stocks traded is a record that was not to be broken for nearly 40 years.

This record states: Had spent in all of World War I.

This record states: The market bottoms out at 41.22 on July 8 1932, concluding a shattering 89% decline from the peak.

This record states: The market loses $14 billion in one day, bringing the loss for the week to $30 billion, ten times more than the annual budget of the federal Government, far more than the U.S.

The London Naval Treaty limits American cruiser, destroyer and submarine tonnage while establishing agreed ratios with Britain and Japan.

Defeated in the Presidential election by Roosevelt

Creates the Reconstruction Finance Company

Announces it is time to abolish prohibition