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The Great Depression


Damaging Businesses was not Helpful (Liberty Magazine, 1936)

- from Amazon:

"Business is just as important to this nation as food and drink is to the human body. And every effort that retards it in any way affects the entire nation... It was [the New Deal's] attack on business that destroyed the confidence of businessmen generally."

 

Passing the Buck (Collier's Magazine, 1932)

The attached editorial goes into some detail cataloging numerous U.S. presidents and their assorted excuses for the economic depressions that kicked-in during their respective administrations. Hoover is included.

 

Arson on the Rise (New Outlook Magazine, 1933)

When economic opportunity disappeared from the American landscape during the Great Depression, it was replaced by numerous unheard-of options that would have been judged unthinkable in previous decades. Among these was the scheme to burn your own house down in order to collect the insurance premium check(s).

 

The Degraded Lives of American Reds (Script Magazine, 1935)

This article was written by an anonymous soul who wanted the Script readers to understand that the life of an American Communist during the Great Depression was not a good one. Their lives often involved constant police surveillance and harassment to say nothing of blacklisting.

"What boon can membership in the Communist Party confer upon them in exchange for the martyrdom they almost inevitably suffer? But is any membership card ever printed worth having one's skull fractured for?"

More about American Communists during the Great depression can be read here

 

Your Graduation Gift: Despair (New Outlook, 1933)

This is a graduation commencement speech that was written simply to appear on the printed page of a 1933 magazine - it was far too depressing to have ever been recited before an audience of eager-eared graduates and their doting relatives.

"You know, of course, that 'times are hard'... You know that less than ten percent of the post-graduate professional men from last year's class have found work. And you have heard from home. Allowances have been cut. Classmates have had to drop out of college. Old family friends have had grave misfortunes. Homes have been lost. You know all these things, but you can't realize them fully at this moment. You will, unfortunately, realize them only too well when you yourselves try to find a place in the world."

 

The Era of Bartering (Pathfinder Magazine, 1934)

"Scrip (sometimes called chit) is a term for any substitute for legal tender and is often a form of credit" - so reads the Wikipedia definition for those items that served as currency in those portions of the U.S. where the bucks were scarce. The attached news column tells a scrip story from the Great Depression - the sort of story that was probably most common on the old frontier.

 


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