August 26, 1932, Washington D.C. – In a desperate bid to alleviate the suffering of the nation, President Hoover assured leaders at a recent parley that a major crisis had been overcome. However, his words rang hollow as the specter of unemployment loomed large over the country. The President spoke of a ‘battle ahead’ and hinted at the spread of employment as a possible solution to the economic woes plaguing the nation. But behind the scenes, the President’s administration was grappling with the harsh realities of a job market gone awry.
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Key Facts
- State: National
- Category: Economic Crimes
- Era: Historical
- Source: Library of Congress — Chronicling America ↗
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