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8 months ago
Hoover was elected President on August 10th, 1929
11/29/1929 Hoover met with with Business owners, industry giants, and farm leaders to discuss the stock market crash.
Hoover supported Congress’s creation of the Reconstruction Finance Corporation (RFC)
Agricultural Marketing Act 6/15/1929 Hoover signs the Agricultural Marketing Act to revitalize the increasingly poor market for farm products.
Black Tuesday 10/29/1929 a record 16.4 million shares of stock are traded on the NYSE as large blocks of equities are sold at extremely low prices
Congress raised tariffs on foreign imports with the Smoot-Hawley Tariff Act.
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