tv Kenneth Whyte Hoover CSPAN January 16, 2018 1:15am-2:31am EST
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also hear old who is the director of roosevelt house in albany this evening. here to talk about kevin his biography at hoover and also in the to interview you can imagine this is a day house that herbert hoover historically or in the present day talked about often so in the introduction to his book he says indictment and advocacy shape and overwhelm the story of the man of herbert hoover. because franklin and eleanor roosevelt lived here in new
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york during the 1932 campaign. and then you might have heard them interpret them. we met earlier in the franklin and eleanor roosevelt library which is where they met with prospective cabinet members after the 32 election. we were talking about what they were doing. so as the reviews had said that it was the intensely researched thoughtful resurrection of a brilliant man. we are curious of his interpretation with his role in the great depression. one of the wonderful things that amity also brings a
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different perspective applause for her. [applause] but one thing that she wrote in 2009 that like no other president roosevelt inspired those in despair that the economist worthy of emulation we are happy to bring that perspective to you and have her here as well. with four best colors including the forgotten man. that was also a new york times bestseller.
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it was taxed and a cartoon version but even graphic novelist refer to their work as cartoon so that is my defense. also author of the best billing biography of calvin coolidge we do not hear too much about also the chair of the board of trustees from the presidential foundation. before i turned it over to her i want to say we have the great-granddaughter of part one -- herbert hoover we are delighted to have her here for this conversation. thank you for being here and then after that we invite you tears to the former dining rooms of the house where he
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will be signing copies of his book. now we turn it over to amity and can. [applause] i always knew roosevelt was relationship people and entertainers and we feel very welcome here and we thank you for that. my guest is canned white but there are the newspaper innovators to call into that second category.
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and that is a badge of honor. and as we speak limit you as fast as we can and then open to questions. but then the numbers 36 looking up at anna college. some of these early polls why hoover? >> it is a pleasure to be here this evening and share the stage with amity who was one of my favorite authors even if she didn't pick out one
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negative word in the four-page review of the new yorker. [laughter] i didn't want to do hoover originally. but belgium and the first world war. i am not a fan of presidential biographies that just isn't my genre but my editor talked me into it. but as soon as i started looking i didn't know anything about the guy that a failed president number 36.
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look at hoover's life. that is probably smaller than the average one car garage and five people were growing up in there. coming from nothing and orphaned at the age of nine. but then shift around to different branches of the family before finally getting off to stanford university he was actually the first student graduating with a geology degree and goes to australia in his early 20s to find the biggest goldmine up in history
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but then the new york times said the closest things to a dictator. he came back to america for the bursae treaty and for president unsuccessfully serving as commerce secretary and then of course his own term in office and it was an amazing time to be president but really in the developed world if he occurs loses his office only to be directed and
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>> that was wonderful now just a few questions for the interview part tell us how ever figured out his career. to be the best paid young man of his generation because also the best situated who could add the most value so tell us about that for came out of college that with the drive that was almost inhuman and would succeed at any cost.
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one view that hoover has his detractors he and his supporters looking at that business career like horatio alger's. so by virtue of his character finds his way in the world he moves more to the robber barons than horatio alger's and hired stanford buddies. there are letters that exist hoover writing to his brother in california how he was managing one says i have wilson here he will dig this new line in record time and if
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not he will be back u.s. so fast you will not know where to eat that is how he dealt with his friend there are reports of been in china in negotiations to buy mining properties with whoever would not help him get his way. he was he was but the interesting thing is while they were doing that they also were doing some good in the world and then to make his
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fortune he was paying the staff and donating those that were picked up and most remarkably the guy in london who is an accountant that embezzled a ton of money almost put out of business went to jail and hoover decided so he was doing a lot of dastardly thing but at the same time doing a lot of good simultaneously.
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be operating outside of the law. >> he pretty much made his fortune through his mid to late 30s and decided he wanted to be more than a rich man. talk about the personality of the ruthless businessman and the guy who wanted to do good. but one of the first of the events of the war is that germany invaded france to occupy belgium and hoover
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learned from those in london one of those consequences of the german occupation was food supply was cut off and imported by 80% of the students those supply lines were blocked by those that hated belgium and the germans did not see it as this job hoover spent the next years there was no surplus cash you get from all around the world
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and then to have the strong financial expertise that basically a bunch you did not quite know and especially you have a lot of anger france will not let germany get away without being impaled. most of the people are intriguing and will equal who are supposed to the world and observed that even if they
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let's make sure people are fed and get the factories going with that european recovery was good but then those financial system requires a stable europe. and then to force the negotiating table in those practical terms to work constructively to rehabilitate rather than continuing to fight. >> and those that are no then
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doubt hoover but do not doubt those who doubt hoover that politics was very tribal activity than hoover would not belong to any of the conventional tribes liberal or conservative or international. he had his own view and wanted to be true to that more or less as a steppingstone to his ambition to be president.
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it was not as a fair type of notion everything that great happened in the life of the country came at the beginning from individual initiative and with that society should do everything they could and with that striving and hard work that would allow a person that he believed government should be set up to do that with every human being and to make sure they had basic access to necessities and everything
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extremely that you put the lighthouse on and you put the fishes to bed at night (that he was a man of business and really utilize that petition to cause changes could you say a little bit about that? the hardest part because there is so much to talk about with so much material frankly i didn't know how that is why in the first two --dash but for
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doing constructive things on behalf of the american people. >> talk about the moment of television. >> actually he was the first man on television they did not even know what it was called. >> between washington and new york with hoover sitting in his office at the same time with the front pages of all the newspapers probably still before it became commercially popular but that is also the
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so this is between the two men a very different type but she heard rumors pushing the president a little too much and said he she wrote in the family letter if anybody is persuaded he certainly would not do it directly or indirectly while calvin coolidge was thinking about it. and we are all distant tenuous of our vanity and pride so i thought that was very compelling that hoover would never plot against coolidge
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that one of the letters to persons but but then the long letters to friends explaining? so if you want to know what the mood was in the family go to do in her letters to her children then that is where you see what is going on in the household. to the extent one -- extend she is a good source but unreliable. because hoover was ambitious and had started thinking about replacing harding in his first term with that moment he was elected when he would replace
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was just climbing up the slippery pole and being dragged up there but was a man with ambition. but that was not the case. getting along very well with coolidge but he was in a hurry their relationship soured and that is where he gets quotes about the boy wonder and how he had given me nothing but bad advice for the first several years the relationship never cover -- we covered and
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then the last year of his regime he did not say he would retire even after he announced his retirement by refusing to endorse hoover and he was scared to death and he would have to stand aside. >> exactly it isn't always given to us to pick our successor. but to the great depression. >> did you write a letter? [laughter] in 1928 hoover wins the election he was a popular
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republican and in 1929 he is inaugurated goes back to massachusetts the stock market goes double then it crashes the end of the temper that is the beginning of the crash it goes on and on through that presidency that is so dramatic historians say that is his fault so you lay out the case he almost rescued the economy and that those successors to
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put that back into a tailspin. looking at what those successors did. >> i wasn't going to talk about this but since you brought it up, after the markets crashed in 1929, hoover did a series of things designed to support he saw that in past depression was that people were afraid to trust the economy after the market crash. so after the crash of 29 he
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called the businessman to washington to have a stock market crash with all of those in the federal bank and count on this to be short but then to share the pain with your workers and labor agreed it would not go on strike and in the wake of the market crash and everything would be fine. hoover was applauded and then
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to go to the washington post or the herald tribune they were all unanimous and they credited him to do something new with presidency that they call adding a psychological dimension he was encouraging people essentially saying you have nothing to fear but fear itself. and in this way they would get through the crisis together. unfortunately it wasn't over in six months. it went on and on with that new dimension with european economy and not spread from
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germany to the u.k. to america and he undertook the series very innovative and politically daring to rewrite the terms of the bursae agreement to suspend all debt payments and to suspend all the reparations payments to put all of the use of who owed what to whom and put them to the side until the economy healed and he was given enormous credit but again it did not last and the economy
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