Tuesday, 26 March 2019

1929: The Year of the Great Crash by William K Klingaman





Senator Charles ("Call Me Charlie") Curtis of Kansas, the Republican vice-presidential nominee … had been by raised by his grandmother, a full-blooded Kaw Indian princess, on a reservation outside of Topeka until he was eight years old, was the first American of Indian ancestry to obtain such an exalted political office.



In one of the more bizarre fads to sweep across the city in recent years, Berliners in early 1929 had begun to collect baby alligators, which sold for 25 marks (about $6), and meat-eating snakes, particularly coral snakes from southern United States.



The foundation of the empire that brought Capone $100 million worth of profits annually (in 1928, this syndicate reportedly grossed $105 million) was always booze.



In his final weeks in office, [President] Coolridge was swamped with so many requests for autographed photos that he had to omit his usual midday nap for nearly a week to sign them all.



Although it has been statistically proved that, contrary to popular legend, there was no sudden leap in the suicide rate in America in the autumn of 1929, there is no question that a number of men and women did kill themselves because they had lost heavily in the stock market.