Who But Hoover?

President Hoover addresses Scouts from Troop 166, Kingstown, Pennsylvania. Date Unknown.

President Hoover addresses Scouts from Troop 166, Kingstown, Pennsylvania.

“the broad advertising of the bull markets, the wide extension of the ticker services, the equipping of branch brokerage offices with tickers, transparent, magnified translux stock quotation rolls have had the natural result of stirring up nation-wide interest in the stock market.”

President Hoover addresses Scouts from Troop 166, Kingstown, Pennsylvania. Date Unknown.

President Hoover addresses Scouts from Troop 166, Kingstown, Pennsylvania.

“Well there’s nothing to keep me from turning over a few options, is there? I tell you what they are having down here’s a boom…You see those boys are chalking up the stock market play by play on those blackboards…I’m just beginning to get on to this business.”

Herbert Hoover, 31st President of the United States, 1929-1933.

excerpts from John Dos Passos’ novel The Big Money

 

 

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