"The other half of California's 200,000 migratory workers are farmers who trekked from the dust bowl area; they found work on farms, but not farming; it's seasonal piecework, like in a mill. Each Oklahoma nomad dreams of a cottage and a cow, but he's just sitting on a barbed wire fence. With the publicity over, the government has forgotten the dust bowl refugees. At Depression depth, a man might make $8 a week; now, $5 is lucky. They are the bitterest folk in America; blood may flow..."
Click here if you would like to read a 1940 article about the the finest movie to ever document the flight of the Okies: "The Grapes of Wrath".
"Washington Society, long shackled, kicked the lid off last week, swung into the most dazzling season it has had since the Depression spawned bread lines, and knocked the wealthy back on their heels."
"Money is spinning again; hostesses are plotting major campaigns; diamonds and pearls are coming out for renewed display; caviar and terrapin reign supreme once more..."
Click here to read about American high society during the Depression years.
This article reported on a phenomenon that is common in our own day as well as the era of the Great Depression. It exists in any locale that fosters a lousy environment for business - for when the entrepreneurial classes loose their daring for investing in commercial ventures and when bankers refuse to loan money for fear that they will never be paid back, it leads to the creation of what is called "dormant capital" - money that should be working, but isn't.
"There is now piled up in banks some $46,000,000,000. As opposed to $39,000,000,000 at the low point of 1933, and the idle capital is on the increase. World trade has virtually broken down."
As one editorial makes clear, FDR had a tough time freeing up private capital for investments, click here to read it.
An article about Governor Floyd B. Olson (1891 - 1936) of Minnesota who allowed his emotions to get the better of him one day in the early Spring of 1933 when he threatened to impose martial law throughout the state in order to confiscate private wealth should his proposed relief legislation fail to pass the Minnesota Senate:
Was former Democratic vice-President Henry Wallace a dirty Red?
"Unemployment permitted a great deal more companionship between young men and young women, which ordinarily would have led to marriage. The only thing lacking was money. The arrangements called, simply, 'living together' became common. Often the man or woman was married, and couldn't get , couldn't afford, or didn't want a divorce. Sometimes the man simply refused to marry, and the woman took him into her home or moved into his as the next best thing..."
You Might Also Care to Know About The Sex Manners of the Twenties or Men & Women During W.W. II
Click here to read what a 1930s prostitute had
to say about her profession.
Published in May of 1933, the attached is two page report on the much anticipated London Economic Conference which was scheduled to convene the following month in London.
The leaders who agreed to assemble were all of one mind in so much as their shared belief that collectively they would stand a better chance in defeating the economic depression that was bedeviling all their respective countries. It was their intention to meet and review all existing international trade and tariff agreements and to make an effort at stabilizing the currency exchange rates.
The whole affair was doomed by July when it became clear that the representatives from the United States rejected many of the plans to stabilize the currency.