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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 12, 1932
Page
5
President Hoover speaks beyond party lines outlining the three years of economic calamity, the global slump, and domestic response. He details foreign and domestic pressures, the crash in credit, bank failures, and his administration’s large program of economic defense and employment measures.
In a rambling wartime style address the president defends New Deal programs and stresses government leadership while preserving individual liberty. He praises bipartisan cooperation, outlines public works loans, banking safeguards, and emergency actions to shield families and stabilize the economy.
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