Yes, with the Reconstruction Finance Corporation.
Don't forget the Federal Farm Board and Grain stabilization act (FFB/GSA), division of public construction and emergency construction and relief act. It was an effort to end the depression, it did more harm than good. The RFC rewarded failure. It was also corrupted (Charles Dawes), and it publicly published names of the banks and corporations that received loans, discrediting those establishment. Many banks that received loans went on to fail. All of the above mentioned relief programs took (tax) money from every American and redistributed it to corporations, banks, farmers, and newly created public jobs.
Raising taxes
President Hoover reacted to the great depression by helping people with things they could not afford like soup kitchens which gave people free food who needed it. Also hoovervilles which gave homes
Hoovervilles were shanty towns that people were forced to live in because they could not afford any proper accomodation during the Great Depression. They were named after President Hoover who was President of the US at the beginning of the Great Depression. Hoover was replaced by Franklin D Roosevelt because he was regarded as a 'do nothing President' meaning he did not put proper measures in place to help the USA out of the Great Depression.
Hoovervilles were shanty towns that people were forced to live in because they could not afford any proper accomodation during the Great Depression. They were named after President Hoover who was President of the US at the beginning of the Great Depression. Hoover was replaced by Franklin D Roosevelt because he was regarded as a 'do nothing President' meaning he did not put proper measures in place to help the USA out of the Great Depression.
Hoover hog was the name people who blamed President Hoover for the Depression gave to armadillos, and to a lesser extent, rabbits and jackrabbits. They were a source of food to people in certain areas of the country because they could be hunted.
"Hoover cart" -- the remains of the old tin Lizzie being pulled by a mule During part of the great depression of the 1930's when Herbert Hoover was president, many auotomobile owners could not afford gasoline to power their cars so would cut off the rear end of the vehicle, attach a tongue and pull it as a cart with either a horse or mule. Others simply took the rear end housing out of the car, built a wooden cart over the housing and pull this with a horse or mule. These carts acquired the nickname "Hoover Carts" in "honor" of President Hoover.
One of the first things President Hoover did to combat the effects of The Great Depression was to try to get the Federal Reserve Act repealed. The Federal Reserve Act set limits on how much money the Reserve could release into the economy.
Herbert Hoover
He was voted out of office before his plan could work. It takes some time to end a great depression.
Hoovervilles were first started when President Hoover was in office. They named them Hoovervilles because they blamed the great depression on President Hoover. They were shanty towns made from trash and cardboard boxes. The people who lived in them lost their jobs and homes from the great depression. Now, as of today none are present but, I guess you could call any group of shanty houses a Hooverville.
He was so unpopular with the American people because he didn't do much when the Great Depression started. The people wanted him to do something and he did nothing. People were loosing their jobs and even dying, so when Franklin D. Roosevelt came into the picture the people believed he could do something to make a difference, and he did.
People did have a hard time finding shelter during the Great Depression. President Hoover was President when the Depression first hit and had a firm stance that the government should stay out of the economy as much as possible. He believed that the economy would solve the situation itself and took very little action to help the citizens of the United States. In his honor, people dubbed the makeshift towns "Hoovervilles." The were full or poorly built shacks, with people living in bad conditions right on top of each other. World War II and President Roosevelt helped to bring about the change in the way things were in the United States during the Great Depression.