2014-01-20

Hoover Critical Of FDR And The New Deal

Herbert Hoover - the most hated man evah - on progressivism and its role in the New Deal:

"The error in ideas came first in the form of Socialism but had made little progress prior to the first World War. The root of the error was that government operation of economic instrumentalities, or government direction of their operation other than establishment of rules of conduct, could short-cut all human ills and produce immediate Utopia. This gigantic poison of liberty received a great impulse from the government agencies created to mobilize the whole energies of peoples in total war. Here the impulses of patriotism to produce and labor and the fear of the enemy were substituted for free will. After the war the inevitable flood of misery, of impoverishment and frustration furnished the hotbed for the growth of this gigantic error. It developed over Europe in various forms—all from the same root. Communism, Fascism, and the milder forms of Statism, were heralded by well-meaning and generous-minded men as to the new road to life. They were joined by demagogs and seekers-for-power. The ultimate end was slavery, whether in Communistic or Fascist form. This philosophic error had spread mildly in American thinking, but attained no dangerous proportions until the world-wide depression struck us with all its violence, misery and exposure of wrong-doing.

It was certain in my mind that the New Deal was but one form of this same error in ideas and that it was my job to fight it. But fighting a philosophic idea among a people who had never thought in these channels was not only a difficult thing in itself, but one must contend with demagogic promises of Utopia to a suffering people and the obvious needs of reform in the system itself.

The American people at large had scarcely heard the word ideology. They had developed and they had lived and breathed a way of life without defining it as an “ideology.” . . .


La-dee-dah.

"The greatest lie told in this whole campaign has been that the Depression of 1930–32 was caused by the Republican Party; that the Republicans did nothing about it; that the people were allowed to starve and were compelled to sell apples; that the country was in ruins; and that Roosevelt rescued it from complete wreck."

The broader facts are and history will record that the depression was world-wide; that its major origins were in Europe; that it swept in on the United States like a hurricane; that it originated from the aftermaths of World War I, including the Treaty of Versailles; that by action of the Republican Administration 18,000,000 people were under organized relief and that any consequential hunger and cold were prevented; that the Republican Administration took drastic measures to protect the peoples’ savings from the storm by creating the R.F.C., the Home Loan Banks and by expanding agricultural credit institutions. There were failures mostly in State Banks not under Federal control.

History will also record that the depression was turned world-wide in June and July of 1932; that we were on our way out with employment increasing but that recovery was halted when business confidence was shaken by the impending election of the New Deal; that with the election the whole country further hesitated awaiting the new policies; that rumors quickly spread that Mr. Roosevelt would devalue the currency; that in consequence, people tried to get their money from the banks and that speculators tried to ship it out of the country; that Mr. Roosevelt upon Mr. Hoover’s request refused to reaffirm the promises he had made the night before election not to tinker with the currency; that Mr. Roosevelt refused to cooperate in other directions with Mr. Hoover to stem the tide of fear—fear of what? It was of the New Deal, not of a retiring administration. It was a panic of bank depositors induced by the New Deal and Mr. Roosevelt. After the banks were reopened it was found that 98% of their deposits were good."

Sound familiar?

Anyway. History didn't record as he would have liked. The New Deal is seen as one of the greatest 'do something, do anything' piece of legislation in a time of human suffering during an economic crisis. Taking any other stand is like attempting to engage a Canadian in a conversation about the short-comings and problems of public health. Question it, you question the soul of a people.

Not good.

The fact is, time is ripe for another perspective that existed and long since forgotten.

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