PDJT mentioned Herbert Hoover at the TOWNHALL
U.S. PRESIDENTS HERBERT HOOVER
HERBERT HOOVER - KEY EVENTS
March 4, 1929
Herbert Hoover inaugurated
Herbert Hoover is inaugurated as the thirty-first President of the United States.
March 5, 1929
Stimson appointed Secretary of State
Hoover appoints Henry L. Stimson Secretary of State.
March 28, 1929
State Department intervenes for Standard Oil
The State Department begins its effort to help Standard Oil of California (SOCAL) attain oil rights in Bahrain from the Gulf Oil Company. Since the 1880s, the Sheikhdom of Bahrain had been a British protectorate and by treaty was required to sell its oil to British companies. Through a Canadian subsidiary the two sides were able to agree to terms and by 1935, SOCAL would have 16 operating oil wells in Bahrain.
April 15, 1929
Police raid New York birth control center
New York City police raid the Birth Control Clinical Research Center established by Margaret Sanger, arresting two doctors and three nurses, and confiscating numerous records. Physicians and private citizens are outraged by the incident and a month later the case will be thrown out of court as a violation of a physician's right to practice medicine.
May 16, 1929
First annual Academy Awards
The first annual Academy Awards are presented by the Academy of Motion Picture Arts and Sciences.
May 27, 1929
The pocket veto
The U.S. Supreme Court upholds the use of the pocket veto by the President for the purpose of blocking legislation.
June 15, 1929
Agricultural Marketing Act
Hoover signs the Agricultural Marketing Act to revitalize the increasingly poor market for farm products. It represents a marked reversal in federal policy; Coolidge had vetoed a number of similar bills designed to aid farmers during his presidency. The act creates the Federal Farm Board, designed to promote the sale of agricultural products through cooperatives and stabilization corporations. In addition, it provides for the purchase of surplus goods by the federal government to maintain price levels, and a $500,000,000 fund to aid the cooperatives.
September 3, 1929
Stock index doubles
The index of common stock prices reaches an average of 216, more than double what it had been three years earlier. The increase represented the largest bull market the country had ever seen. At the same time, national income statistics indicate that roughly 60 percent of Americans have annual incomes below the poverty line, estimated at $2000