| − | After working with the Food Administration, Hoover became president of the Federated American Engineering Societies.<ref>[https://books.google.com/books?id=7e4eBgAAQBAJ&pg=PA67 Republicans and Labor: 1919--1929]</ref><ref name=Himmelberg>[https://books.google.com/books?id=6KqqgTB8Q_wC&pg=PA169 Antitrust and Regulation During World War I and the Republican Era, 1917-1932]</ref> Hoover's design was set on increasing efficiency and reducing waste.<ref name=Himmelberg /><ref>[https://books.google.com/books?id=TQJAAQAAMAAJ&pg=PA284 Mechanical Engineering, Volume 43]</ref> As president of the FAES, Hoover constructed a plan to study waste in the industrial sector, and he had a strong focus on labor matters.<ref>[https://books.google.com/books?id=8R4UmnJhxLoC&pg=PA88 Herbert Hoover As Secretary of Commerce: Studies in New Era Thought and Practice]</ref> The result was a 400 page report titled ''Waste in Industry'',<ref>[https://books.google.com/books?id=NZHGAAAAQBAJ&pg=PA46 The Life of Herbert Hoover: Imperfect Visionary, 1918–1928]</ref> which was a highly publicized report at the time.<ref>[http://cdsun.library.cornell.edu/cgi-bin/cornell?a=d&d=CDS19210215.2.24 Engineers Unite to Stop Wastes of Industries], Cornell Daily Sun</ref><ref>[http://query.nytimes.com/gst/abstract.html?res=9901E1DF153EEE3ABC4952DFBF66838A639EDE&legacy=true ENGINEERS ENDORSE HOOVER WORK PLAN], [[The New York Times]]</ref> | + | After working with the Food Administration, Hoover became president of the Federated American Engineering Societies.<ref>[https://books.google.com/books?id=7e4eBgAAQBAJ&pg=PA67 Republicans and Labor: 1919--1929]</ref><ref name=Himmelberg>[https://books.google.com/books?id=6KqqgTB8Q_wC&pg=PA169 Antitrust and Regulation During World War I and the Republican Era, 1917-1932]</ref> Hoover's design was set on increasing efficiency and reducing waste.<ref name=Himmelberg /><ref>[https://books.google.com/books?id=TQJAAQAAMAAJ&pg=PA284 Mechanical Engineering, Volume 43]</ref> As president of the FAES, Hoover constructed a plan to study waste in the industrial sector, and he had a strong focus on labor matters.<ref>[https://books.google.com/books?id=8R4UmnJhxLoC&pg=PA88 Herbert Hoover As Secretary of Commerce: Studies in New Era Thought and Practice]</ref> The result was a 400-page report titled ''Waste in Industry'',<ref>[https://books.google.com/books?id=NZHGAAAAQBAJ&pg=PA46 The Life of Herbert Hoover: Imperfect Visionary, 1918–1928]</ref> which was a highly publicized report at the time.<ref>[http://cdsun.library.cornell.edu/cgi-bin/cornell?a=d&d=CDS19210215.2.24 Engineers Unite to Stop Wastes of Industries], Cornell Daily Sun</ref><ref>[http://query.nytimes.com/gst/abstract.html?res=9901E1DF153EEE3ABC4952DFBF66838A639EDE&legacy=true ENGINEERS ENDORSE HOOVER WORK PLAN], [[The New York Times]]</ref> |
| − | On June 6th, 1932, Hoover signed into law the [[Revenue Act of 1932]], which was at the time the largest peacetime tax increase in U.S. history.<ref>[http://www.taxhistory.org/thp/readings.nsf/ArtWeb/65D62AC290A5E538852574CE00735F76?OpenDocument Tax Cuts, Confidence, and Presidential Leadership ]</ref> Early in 1932, Hoover's top priority was balancing the budget - which he believed would significantly impact the economic malaise and turn things around.<ref>[https://books.google.com/books?id=oddbCwAAQBAJ&pg=PT151 Anxious Decades: America in Prosperity and Depression, 1920-1941]</ref> | + | On June 6, 1932, Hoover signed into law the [[Revenue Act of 1932]], which was at the time the largest peacetime tax increase in U.S. history.<ref>[http://www.taxhistory.org/thp/readings.nsf/ArtWeb/65D62AC290A5E538852574CE00735F76?OpenDocument Tax Cuts, Confidence, and Presidential Leadership ]</ref> Early in 1932, Hoover's top priority was balancing the budget - which he believed would significantly impact the economic malaise and turn things around.<ref>[https://books.google.com/books?id=oddbCwAAQBAJ&pg=PT151 Anxious Decades: America in Prosperity and Depression, 1920-1941]</ref> |
| | The revenue act followed the Smoot Hawley Tariff of 1930, which produced ill effects and a trade war upon already strained economic conditions.<ref>[https://books.google.com/books?id=o1V2AwAAQBAJ&pg=RA1-PA80 Diversity and Society: Race, Ethnicity, and Gender, 2011/2012 Update]</ref> | | The revenue act followed the Smoot Hawley Tariff of 1930, which produced ill effects and a trade war upon already strained economic conditions.<ref>[https://books.google.com/books?id=o1V2AwAAQBAJ&pg=RA1-PA80 Diversity and Society: Race, Ethnicity, and Gender, 2011/2012 Update]</ref> |