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University of Mississippi

Accounting Historians Notebook

Hoover

Publication Year

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Full-Text Articles in Business

Herbert C. Hoover: Accounting Influences On His Life, Glenn Vent, Ronald A. Milne Oct 1988

Herbert C. Hoover: Accounting Influences On His Life, Glenn Vent, Ronald A. Milne

Accounting Historians Notebook

Herbert C. Hoover was arguably the most distinguished mining engineer in American history. During the early part of this century he enjoyed great success as a consultant and mine manager. He was regarded as one of the most skilled practitioners of his day. In addition, he was a regular contributer to the mining journals and wrote several books, two of which became classics (Principles of Mining and De Re Metallica, an annotated translation of the works of Agricola). The rationalization of management was an important theme in his life. He frequently turned to accounting as a means to improve management …


One Page In The Life Of A President, Kenneth Oswald Elvik Mar 1982

One Page In The Life Of A President, Kenneth Oswald Elvik

Accounting Historians Notebook

Herbert C. Hoover, along with an older brother and younger sister became orphaned and thereafter raised in the homes of relatives. From Hoover's memoirs we find that relatives were glad to take in the children, but that an acquaintance was named legal guardian in order to avoid any implication of manipulation of the estate. The estate, by no means large even in those days, was made up of proceeds from insurance and from the sale of the implement business and their home. It is the accounting for Herbert Hoover's share of that estate that is of interest because here we …