1930
Public Works
Hoover modified his approach and in December sought $100 million from Congress for a vast program of public works— construction of highways and public buildings, and improvements to rivers and harbors.
The president was also willing to use moral suasion. He called a White House gathering of labor and management leaders, urging one side not to press for wage increases and the other to keep workers employed. Hoover argued that wages were a more pressing concern than profits and that stockholders should be willing, at least temporarily, to accept smaller dividends.