Speech delivered in New York City by Republican presidential candidate
Herbert Hoover on October 22, 1928, toward the close of the election
campaign. In this classic example of American conservative philosophy,
Hoover condemned the Democratic platform as a misguided attempt to solve
the problems of prohibition, farm relief, and electrical power through
state socialism; he extolled free, private enterprise and initiative, a
system of "rugged individualism," as the foundations of America's
"unparalleled greatness." Government entry into commercial business, he
argued, would destroy political equality, increase corruption, stifle
initiative, undermine the development of leadership, extinguish
opportunity, and "dry up the spirit of liberty and progress."