Three who had Republican Values

Piyush Jindal talked a little about Republican principles last night. Let's look back to a time when Republicans were true to their ideals.
A tiny bit of history:
Harding, Coolidge, Hoover were three Republicans who really believed in small government and deregulation of markets... Under Hoover, with a Republican controlled congress, the stock market crashed, nearly every bank in the country failed, unemployment went from 3 percent to 25 percent. Hoover refused to use government spending to try to fix the problem. The WackoRight would love to change these facts and claim that FDR caused the Great Depression, but the deepest and worst point in the depression was actually 6 months before Franklin Roosvelt actually started doing something about the problem. Unemployment started coming down almost immediatly.