PresidentialPositionsIssuesReceptionTimelineDocuments

Work in progress — cycles are added one at a time. Every quote is machine-verified against an archived source; follow the links to read it.

Reform the banking laws; stop credit flowing to speculation; relieve depositors of closed banks — Herbert Hoover, 1932

Similar by solution solution · rationale

ScoreCycleCandidateIssuePosition
0.771932Franklin D. RooseveltRegulation of banks and securitiesSeparate investment banking from commercial banks; tighter national-bank supervision; faster payouts to depositors of closed banks
0.641932John Nance GarnerRegulation of banks and securitiesRFC loans to individuals and corporations generally — 'the Government into personal banking' (the Rainey bill)
0.621932Herbert HooverFarm and home mortgage reliefThe Federal Home Loan Bank system to stop home foreclosures and finance new homes
0.621932Herbert HooverRegulation of banks and securitiesThe RFC and the 'shield of Government credit' saved 5,000 institutions and must continue — but no direct government lending to everyone
0.611932Herbert HooverFarm and home mortgage reliefReorganize and enlarge the Federal Land Banks to refinance farm mortgages; curb Joint Stock Land Bank abuses
0.601936Franklin D. RooseveltFarm and home mortgage reliefLow interest rates, sounder home financing, better banking
0.591932Herbert HooverFederal guarantee of bank depositsOppose a federal guarantee of bank deposits
0.581932Herbert HooverRegulation of securities issuance and exchangesNo federal 'blue sky' law — securities regulation belongs to the states, and the President should not police booms
0.541936William LemkePublic control of the central bank and money creation'Drive the money changers out of the temple': public control of money and credit, further inflation of the currency
0.531932Franklin D. RooseveltRegulation of securities issuance and exchangesNo implied government approval of foreign bond sales; officials will not try to move stock prices
0.531936Alf LandonFlood control and river-basin developmentFederal construction of head-water storage basins to prevent floods, with the consent of the States concerned
0.531936Alf LandonOn-farm storage, warehouse receipts and commodity creditAmend the warehousing act so grain stored on the farm earns a federal warehouse receipt and bank credit
0.521936William LemkeFarm and home mortgage reliefRefinance farm mortgages through the Frazier-Lemke plan (government-issued credit at low interest)
0.521932Franklin D. RooseveltControl of credit expansionPrevent another runaway credit expansion through government information, not government control of credit
0.521932Herbert HooverEuropean war debts and reparationsNo cancellation of war debts; apply any annual payment to opening foreign markets for American farm products
0.511932Herbert HooverLevel of federal spendingCut federal spending $1.5 billion below fiscal 1932 and reorganize the executive branch
0.511932Franklin D. RooseveltRegulation of securities issuance and exchangesFederal regulation of securities and commodity exchanges, interstate holding companies and interstate utility rates
0.511932Franklin D. RooseveltTariff levelsA "competitive" tariff set through a scientific Tariff Commission, with anti-log-rolling rules and a public counsel
0.501932Franklin D. RooseveltNational ProhibitionRepeal the Eighteenth Amendment by state conventions; legalize beer now; states control liquor and bar the saloon
0.491936Franklin D. RooseveltCivil service and patronageImmediately extend the merit system to all non-policy-making federal positions
0.491932Herbert HooverFarm prices and agricultural surplusFarm prices can be restored only by general recovery and markets — no production control, no subsidies; repeal Farm Board stabilization
0.491936Franklin D. RooseveltFarm prices and agricultural surplusContinue soil conservation and domestic allotment payments; end ruinous surpluses; commodity loans on seasonal surpluses
0.491932Franklin D. RooseveltRegulation of utility rates and holding companiesEight-point federal utility program: publicity, Federal Power Commission control of holding companies, prudent-investment rate base
0.481932Herbert HooverMaintenance of wage levels in depressionUphold wages and spread work by voluntary agreement of employers and labor; shorter hours in government service
0.481932Franklin D. RooseveltOverall role and scale of the federal governmentGovernment as a check on concentrated economic power — "individualism" redefined as equality of opportunity