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Patrick lets get to it. Today i am going to talk with thomas schwartz, the director of the Herbert Hoover president ial library. He has been with the Hoover Library since 2011 and before that he served as the illinois , state historian and went on to lincoln collection at the Abraham Lincoln president ial library as an author and editor, his work recognized with a number of professional awards. He will take a step back in time, not all the way back to lincoln, but to the time of Herbert Hoover. Tom, are you there . I want to make sure we can hear you. Are you with us . How are you doing today . Obviously the library is closed. How is everyone doing . Thomas the staff is doing well. They are eager to return on a regular basis and we are eager to be able to safely re ....
Your people must have faith. In the 1920s, toledo was the Fastest Growing manufacturing city in america. In some, ways it was the Silicon Valley of today. The auto industry, cutting edge technologies, they were all centered here at the time. As a result, the Manufacturing Base was going gangbusters. Toledo seemed to be one of the brightest economic spots on the whole american map during a decade that was a decade of prosperity. Then, in 1931, the entire house of cards collapsed. And five of the six largest banks in toledo all failed at the same time. That made it the largest banking failure of the Great Depression. The Banking Industry here was perhaps more corrupt than other places. That contributed t ....