Depression History

Few decades capture the imagination like the 1920s. Like so many good stories, it got its start from a time of great turmoil and ended in a dramatic fashion. What happened between 1920 and 1929 has passed beyond history and has become legend.

Some Americans who were born and raised during the Great Depression, have passed from this life although many still remain with us. Many famous books, movies and television shows have covered stories from that generation and many of them continue to fascinate the current generations living today. Stories of getting by in the face of adversities during The Great Depression and of the bond between family and friends are inspiring and they often demonstrate the triumph of the human spirit and the power of human love.

On October 29, 1929, life in the United States took a turn for the worst. The stock market – the system that controls money in America – plunged to a record low. But this event was only the beginning of many bad years to come. By the early 1930s, one out of three people was not working. People lost their jobs, their houses, or both and ended up in shantytowns called “Hoovervilles”, named for the president at the time of the crash. By 1933, many banks had gone under.

Pretty Boy Floyd was a perplexing character as abhorred as he was revered. To the feds, Pretty Boy Floyd was a venomous, manipulative scoundrel who was egregiously lionized as an antihero with a heart of gold. A career bank robber supposedly associated with up to 40 bank robberies, his face would soon be plastered on the 1934 poster of the FBI's Most Wanted alongside John Dillinger, Baby Face Nelson, and Alvin Karper.

On December 7th, 1955, Kitty McInerney lay dying in a New York hospital bed. The 47-year-old Irish immigrant, suffering from severe toxemia, was preparing for an emergency c-section to give birth to her 17th child. As a Catholic priest performed her last rites, Kitty succumbed to a rare moment of quiet reflection.

Throughout the 1920s, America's public figures considered a prosperous stock market to be a sign of a prosperous nation. While unemployment slowly rose and production dropped, leaders assured everyone that they should have faith in the economy. Then came the Great Crash on Wall Street. The loss of faith in public institutions devastated Americans ideologically just as it devastated the national economy - the US would never be the same again. This brief introduction paints the picture of life in America on the precipice of the Great Depression.