Business & Finance: Hoover Committee

Back in the dull, depressed days of 1921 President Warren Gamaliel Harding appointed a committee to look into the matter of unemployment, to make a report upon this then burning question. When last week the Unemployment Committee announced its findings, neither President Harding nor unemployment remained a U. S. problem. It was primarily a Hoover Committee that made the report (President Hoover was Committee Chairman while Secretary of Commerce) and prosperity, not unemployment, was the burden of its story. Called upon to view with alarm, the Committee concluded by pointing with pride.

"1929 and All's Well" was, indeed, almost the gist of...

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