Word: sharing
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Dates: during 1930-1939
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...only cheerful pictures in an attempt to brighten the general gloom. A world that saw full-page advertisements offering Manhattan apartments for $45,000 a year, and sable coats for $30,000 to $50,000-a world so jittery that a decline in U. S. Steel to $195 a share meant a panic-would not have believed that the national wealth could drop by some $62,000,000,000 in a few years, or that the nation could survive...
...human distress, its intellectual wreckage was almost as great; like those dump heaps of wrecked cars that lie out-side U. S. towns, U. S. brains contained large and unsightly piles of wrecked theories, junked plans, smashed hopes-a wheel off an old 1933 model Technocracy, an axle from Share the Wealth, a busted headlight from Production for Use, fragments of Marxism and the planned economy, half-a-dozen old Utopias that never ran. Here & there under the wreckage were old pieces of twisted slogans, moneychangers out of the temple, 114 days left to save America, grass in the streets...
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...
...Worcester, shoe machinery in Lynn and Boston, cotton woven goods in Providence, Fall River, New Bedford, textile machinery and parts in Worcester, nonferrous metal alloys, edge tools and electrical machinery in Bridgeport, New Haven, Waterbury, created an industrial organization that employed more than 1,000,000, produced a large share of the U. S.'s 400,000,000 pairs of shoes a year, helped consume 80% of the 23,000,000 cattle hides that moved from the Western ranges, through the stockyards of Omaha, Kansas City, Chicago, through the tanning factories of Newark, Gloversville...
Politically cynical ("Share the wealth? A very amusing proposal"), he got that way either by being the son of a Boston politician (Democratic Mayor) or by amassing a fortune before he was 30, after dropping out of Harvard in his second year...