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THE MEMOIRS OF HERBERT HOOVER - 1929 - 1941; the Great Depression Hardcover – 1952

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Product Details

  • Hardcover
  • Publisher: The Macmillan Company; First Printing edition (1952)
  • ASIN: B000NZ9RCE
  • Product Dimensions: 9.4 x 6.3 x 1.4 inches
  • Shipping Weight: 2.2 pounds
  • Average Customer Review: 3.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #1,921,047 in Books (See Top 100 in Books)

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I'm split between giving 2 or 3 stars here.

On the one hand the book provides an interesting window into the financial storm following the 1929 stock crash. It was interesting to learn that it was the French who created a panic which paralized the German, Austrian and Hungarian banking system in 1931. It makes sense if you read history because the French were threatened by the growing German militarization and continuing British opposition to curtailing it. So calling the funds was probably conceived as one of the only weapons the French had in their arsenal.

On the other hand, there's not much there really. The example above is a notable one. A letter from Hinderburg to Hoover is sort of notable too. And a few more other things. But otherwise there's not much there. Just a narcissistic apologetic rant of the ex president who obviously failed to cement a proper response to the crisis. I generally do not blame him, because nobody would be able to save the country from the perfect financial storm. Not even a superhero.

To give you an idea how derivative this is (from p 51):

"The cooperation of the great employers of the country in upholding wages, and therefore the buying power of the public, the action of the railways, the public utilities, the industries, the Federal Government, the States, the municipalities in undertaking great programs of construction, are greatly mitigating unemployment and giving protection to the workman and stability of business."

Overall it reads more like a piece of political pathos, rather then a historical account of events.
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