Archive for the 'Great Depression' Category

THE STOCK MARKET CRASHED ON THIS DAY

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Black Tuesday hit Wall Street in 1929 as investors trade 16,410,030 shares on the New York Stock Exchange in a single day. Billions
of dollars were lost, wiping out thousands of investors, and stock
tickers ran hours behind because the machinery could not
handle the huge volume of trading. In the aftermath of Black
Tuesday, America and the rest of the industrialized world spiraled downward into the Great Depression.


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posted by Bob Karm in ANNIVERSARY,Black Tuesday,Fincncial,Great Depression,HISTORY,NEWSPAPER,Stock market and have No Comments

THEY BOTH MET THEIR MAKER ON THIS DAY

Bonnie & Clyde: What Nobody Told You - YouTube

Bonnie Elizabeth Parker (October 1, 1910 – May 23, 1934)
and Clyde Chestnut Barrow (March 24, 1909 – May 23,
1934)


The criminal couple Bonnie and Clyde traveled the
Central United
States
with their gang during the Great Depression. The couple
were known for their
bank robberies, although they preferred to
rob small stores or rural funeral homes. 

Their exploits captured the attention of the American press and
its readership during what is occasionally referred to as the
"
public enemy era" between 1931 and 1934, when the couple
were ambushed and shot to death in
Bienville Parish, Louisiana.

They are believed to have murdered at least nine police officers and       
four civilians.


 

Bonnie and Clyde's bullet-riddled car went on display after the infamous couple's death.
The bullet-riddled car on display after the infamous couple’s
death.

      
        
        
       
Bonnie and Clyde - Topics on Newspapers.com        
        

       

posted by Bob Karm in ANNIVERSARY,DEATH,Gangsters,Great Depression,HISTORY and have No Comments

THE ‘’NEW DEAL’’ BEGAN ON THIS DAY ~ 1933

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On March 4, 1933, at the height of the Great Depression, Franklin
Delano Roosevelt was inaugurated as the 32nd president of the
United States. In his famous inaugural address, delivered outside
the east wing of the U.S. Capitol, Roosevelt outlined his
New
Deal”—
an expansion of the federal government as an instrument
of employment opportunity and welfare—and told Americans that
“the only thing we have to fear is fear itself.” Although it was a
rainy day in Washington, and gusts of rain blew over Roosevelt
as he spoke, he delivered a speech that radiated optimism a
nd competence, and a broad majority of Americans united
behind  their new president and his radical economic proposals
to lead the nation out of the Great Depression.


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posted by Bob Karm in ANNIVERSARY,Government,Great Depression,HISTORY,Inauguration,NEWSPAPER,POLITICAL,President,The New Deal and have No Comments

HISTORY WAS MADE ON THIS DAY

today in history

Tim maguire
TIM MIGUIRE

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posted by Bob Karm in 911,ANNIVERSARY,Assassination,Attack,Execution,Great Depression,HISTORY,MAGAZINES,NEWSPAPER,SPACE,Wallstreet and have No Comments

FIRST ‘’FIRESIDE CHAT’’ ON THIS DAY IN 1933

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Eight days after his inauguration, President Franklin D. Roosevelt
gave his first national radio address, or “fireside chat” (above), broadcast directly from the
White House
during the Great
Depression.  He began that address simply: “I want to talk for a
few minutes with the people of the United States about banking.”
He went on to explain his recent decision to close the nation’s
banks in order to stop a surge in mass withdrawals by panicked investor’s worried about possible bank failures. The banks would
be reopening the next day.


Roosevelt thanked the public for their “fortitude and good temper
during what he called the “banking holiday.”





 

posted by Bob Karm in Address,ANNIVERSARY,Banking,DEBUT,Great Depression,HISTORY,POLITICAL,President,RADIO and have No Comments