Fireside Chat

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Pre-written Papers:

Title: Fireside Chat

Essay Details:

Subject: Miscellaneous

Author: Miguel B

Date: March 10, 2015

Level: University

Grade: A

Length: 2 / 358

Essay text:

He felt that no federal action of any kind was needed to stabilize the economy. Hoover also felt that the federal government should never supply aid of any kind to the poor, unemployed, and the hungry. His administration upheld the belief that welfare would destroy the character of the American people. Near the end of Hoover's disappointing term in office, he signed a law creating the Reconstruction Finance Corporation. This organization could loan up to 2 billion dollars to banks, insurance companies, and railroads. Hoover's last ditch attempt to help the economy was too little, too late. Our economy was in shambles and now we need someone to pick up those pieces...

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