Artykuly z roznych dziedzin
N More Years!
by Gordon Prather
Four-score years ago our forefathers overwhelmingly elected Herbert Hoover to serve as President of the United States. He was inaugurated March 4, 1929, just in time to take the rap for not preventing the Wall Street crash of October 29, 1929, which according to the conventional wisdom, triggered the Great Depression.
Of course, it was a bum rap; under then current law, the President was essentially powerless to affect what did or did not happen on Wall Street.