1. November 19 1. Notes: 22.3- Hoover Responds 2. Video Clip: Hoover Presidency 3. 22.3 Guided Reading Q’s 4. 22.3 Vocabulary ***Ch. 22 Quiz Thursday***

2. Hoover Responds Chapter 22 Section 3

3. Hoover’s Response Hawley-Smoot Tariff Gave public speeches about optimism. Lowered taxes Public Works Projects: Government financed building projects. Helped some but are expensive. Can’t raise taxes during depression or borrow money from banks- both would hurt private sector. Hoover asked wealthy to donate to charities. Created the Reconstruction Finance Corporation (RFC) Government loans money to banks & businesses ($238 million) Mainly, Hoover believed in state and city relief (money directly to poor) instead of from federal government.

4. In an Angry Mood Hunger Marches: Organized by American Communist Party to take advantage of struggles to change government. Dec., 1932: 1,200 gathered in D.C. chanting “feed the hungry, tax the rich.” Farmers Revolt: Many farmers began destroying their crops to raise prices by reducing supply.

5. Bonus Army - 1924: Congress promises veterans of WWI a $1,000 bonus paid in 1945. - Veterans protested in 1931 saying they need early payment. - Congress passed a bill to provide early payment but Hoover vetoed. - The “Bonus Army” marched on Washington to protest (20,000.)