READING: Herbert Hoover's View of the Issues in the Campaign of 1928 (Herbert Hoover vs. Al Smith), by @delong braddelong.substack.com/p/reading-herb…
Herbert Hoover published his memoirs in 1952. So perhaps there is some retrospective rightward drift in his recollections of what he... 1/
Herbert Hoover published his memoirs in 1952. So perhaps there is some retrospective rightward drift in his recollections of what he... 1/
... thought back in 1928—but only some: he did give the anti-collectivist speech that he quotes at length here.
And yet Al Smith’s pre-Great Depression Democratic Party was not at all a “collectivist” party. As Hoover points out, it was the Bourbon aristocracy of the... 2/
And yet Al Smith’s pre-Great Depression Democratic Party was not at all a “collectivist” party. As Hoover points out, it was the Bourbon aristocracy of the... 2/
...South combined with the urban machines and with agrarian, consumer, and labor anti-monopolist groups. Labor unions and consumer and farming cooperatives were as far as they went toward “collectivism”. The socialists of the day were Eugene V. Debs—Robert La Follette—... 3/
...Norman Thomas. Not John Dewey.
And I do have to point out that Hoover’s dismissal of the claim that he “was supposed to have robbed a Chinaman” plays fast and loose with the reality. Hoover could never decide whether his line was that Kaiping mine General Manager Chang... 4/
And I do have to point out that Hoover’s dismissal of the claim that he “was supposed to have robbed a Chinaman” plays fast and loose with the reality. Hoover could never decide whether his line was that Kaiping mine General Manager Chang... 4/
...Yenmao was a thief whom Hoover had rightfully displaced from his position, or whether he, Hoover, had done his best in cooperation with Chang Yenmao and the two of them had then been double-crossed by Hoover’s Belgian-British partners. In any event, the Belgian-British... 5/
...syndicate (and Hoover!) wound up putting no money into the enterprise and yet reaping a 62.5% ownership share, while the previous equity holders who had held 100% before the restructuring wound up with only 32.5%. Nice work I you can get it... 6/
...Let me give the mic to Hoover: braddelong.substack.com/p/reading-herb… 7/END
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