Word: crashing
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Dates: during 1930-1939
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...Unknown to anybody, its future unforeseen, its consequences incalculable, the Great Depression set in. But it was not called that. The names that people give to things reveal what they think about them, and the name that the U. S. gave to its crisis was the ringing and melodramatic Crash...
...phrase, "a house divided against itself cannot stand," remain in the text. Off in the unknown future lay a sequence of collisions and calamities, no one of which would have been believed for a minute by the industrious philosophers of 1929. While the echoes of the crash were still rolling, the ardent Charles Mitchell, supersalesman of the boom years, said calmly, "I am still of the opinion that the reaction has badly overrun itself." Jimmy Walker, defeating Fiorello LaGuardia for Mayor of New York, asked that movie houses show only cheerful pictures in an attempt to brighten the general gloom...
...habits of thought would have prepared him for the surprises of 1939; for the emergence of women in independent political roles, for such phenomena as that of Pundit Dorothy Thompson, gravely lecturing businessmen who would have regarded her as a hopeless Red before the crash had taken its toll of their certainties. But deeply familiar would have been a Congress debating as it did last week under the same old rules and a top-hatted nine-man Supreme Court paying its respects at the White House...
Only a really brazen lover of the country could dote on these agricultural beauties without noting the rags and tatters that concealed some of them for many people and blotted them out entirely for others. U. S. farmers had little share of prosperity in the years before the crash. Depression deepened the problem, left farmers carrying into it a mortgage debt almost equal to income. In every 1,000 farms during the first six years of depression, 236 were foreclosed. Average value of farm land dropped from $48.52 to $31.16 per acre...
...more than they could believe that a great idea was involved in the first panic of the crash, could U. S. citizens believe that civilization was at stake in the war. The Southern editor who wrote "Why are we puzzled? The issues of this war are very plain. It is a war of civilization against barbarism," found himself answered by torrential letters that this was Europe's, and not civilization's, war. As in the first days of the crisis that was called the crash, citizens divided between those who believed that it would soon be over...