Herbert Hoover
Herbert Clark Hoover was the 31st President of the United States
President of the United States
The President of the United States of America is the head of state and head of government of the United States. The president leads the executive branch of the federal government and is the commander-in-chief of the United States Armed Forces....

 (1929–1933). Hoover was originally a professional mining engineer and author. As the United States Secretary of Commerce
United States Secretary of Commerce
The United States Secretary of Commerce is the head of the United States Department of Commerce concerned with business and industry; the Department states its mission to be "to foster, promote, and develop the foreign and domestic commerce"...

 in the 1920s under Presidents Warren Harding and Calvin Coolidge
Calvin Coolidge
John Calvin Coolidge, Jr. was the 30th President of the United States . A Republican lawyer from Vermont, Coolidge worked his way up the ladder of Massachusetts state politics, eventually becoming governor of that state...

, he promoted partnerships between government and business under the rubric "economic modernization". In the presidential election of 1928
United States presidential election, 1928
The United States presidential election of 1928 pitted Republican Herbert Hoover against Democrat Al Smith. The Republicans were identified with the booming economy of the 1920s, whereas Smith, a Roman Catholic, suffered politically from Anti-Catholic prejudice, his anti-prohibitionist stance, and...

, Hoover easily won the Republican nomination
History of the United States Republican Party
The United States Republican Party is the second oldest currently existing political party in the United States after its great rival, the Democratic Party. It emerged in 1854 to combat the Kansas Nebraska Act which threatened to extend slavery into the territories, and to promote more vigorous...

, despite having no previous elected office experience.

While the crash only took place six months ago, I am convinced that we have now passed the worst and with continuity of effort we shall rapidly recover.

Address to the United States Chamber of Commerce (1 May 1930)

The American people are doing their job today. They should be given a chance to show whether they wish to preserve the principles of individual and local responsibility and mutual self-help before they embark on what I believe to be a disastrous system. I feel sure they will succeed if given the opportunity.

Press statement (3 February 1931)

Let me remind you that credit is the lifeblood of business, the lifeblood of prices and jobs.

Address at Des Moines, Iowa, (4 October 1932)

A good many things go around in the dark besides Santa Claus.

Address to the John Marshall Republican Club, St. Louis, Missouri (16 December 1935)

Blessed are the young, for they shall inherit the national debt.

Address to the Nebraska Republican Conference, Lincoln, Nebraska (16 January 1936)

Older men declare war. But it is youth that must fight and die. And it is youth who must inherit the tribulation, the sorrow and the triumphs that are the aftermath of war.

Speech in Chicago, Illinois to the 23rd Republican national convention (27 June 1944)