HARRY MONROE: This, then, was the choice Americans faced in nineteen twenty-eight. On the one hand, Al Smith. A Democrat. A Roman Catholic. A politician from the city. A man wanting some social change.
And on the other hand, Herbert Hoover. A Republican. A businessman who had proven the dream that even a poor boy could become great in America. A man who seemed to succeed with every effort he touched.
The main issue in the campaign was not economics or religion, but the new national laws banning alcoholic drinks. Hoover was for the laws; Smith against them. The two candidates also argued about how to provide aid to struggling farmers, and how to increase electricity and water supplies.
RICH KLEINFELDT: Herbert Hoover won the election of nineteen twenty eight. It was one of the greatest victories in presidential history. Hoover won fifty-eight percent of the votes. Smith got just forty percent. And Hoover captured four hundred forty-four electoral votes to Smith's eighty-seven.
And so it was that the engineer and businessman Herbert Hoover entered the White House in nineteen twenty-nine. There was some trouble the day he moved in. Outgoing President Coolidge was a man who watched every dollar he owned. And he accused some White House workers of stealing his shoes on the day of the inauguration. But -- finally -- safe, conservative, business-like Herbert Hoover was leading the country.
HARRY MONROE: The nation's stock market reacted by pushing stock prices to record high levels. Everyone expected that economic growth would continue and expand. But the happy times were just a dream. Within one year, the stock market collapsed. Millions of people lost their jobs. The nation fell into the worst economic crisis it had ever faced.
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