ence of underlying economic weakness well before the fateful October 1929 crash), more than nine thousand additional bank failures occurred in the three years between the stock market crash and the end of Hoover's term as president in 1933. (Chalberg 21)
             Reacting to the ineffectiveness of Hoover's administration to deal with the state of affairs, Roosevelt was elected to office in 1932 on his "New Deal" platform. During his campaign, however, it was hard to tell exactly what Roosevelt's New Deal policy was. He lashed out against the Hoover administration for high tariff policies, but by the end of the campaign, no real difference separated the candidates on the tariff issue. In his speeches he said he would increase aid to the unemployed, but he would slash federal spending (Leuchtenburg 10).
             One of the New Deal administrators reflected subsequently: "Given later developments, the campaign speeches often read like a giant misprint, in which Roosevelt and Hoover sp
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