The ideas embodied in the New Deal Legislation were a compilation of those which had come to maturity under Herbert Hoover’s aegis.  We, all of us, owed much to Hoover.

—- Rexford G. Tugwell

       The pre-New Deal (1930 – 1932) continues: At the convening of the Republican (fascist/socialist) 10th counterfeit CONgress (elected in accordance with the fraudulent 17th amendment) Republican President Hoover delivers his annual State of the nation address, calling for tax INCREASES to cover an anticipated 902,000,000 Dollar Federal budget deficit, and establishment of a new Federal agency to make emergency loans to failing banks, railroads, et cetera.

       [restored 7/2/2022]

Subsequent Events:

1/22/1932                   2/27/1932                    5/6/1935

Authority:

References:

Calvin D. Linton, ed., The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 325.

The Federal Reserve and you
endthefednc.wordpress.com/

U.S. Banking Timeline
www.libertyforlife.combanking/currency-us-timeline.html

Current U.s. National Debt:

$40,102,964,278,586

Source