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Photo Essay On The Great Depression Includes Refrences Of Fdr's "New Deal" Programs

1390 words - 6 pages

Photo Essay"...Any lack of confidence in the economic future...is foolish." I had read that paper before, around seven months ago. 'Sure,' I always say to myself, 'that's easy for you to say, sitting in luxury with a guaranteed $200,000 paycheck each year.' I don't even know why I voted for Hoover in the first place. Him and that Andrew Mellon, with his "liquidate everything and everyone who doesn't have money; let's purge the rottenness out of the system." To hell with the both of them. There I was, standing in that breadline for hours, while I'm sure Hoover and Mellon were eating steak, or poultry."A chicken in every pot, eh?" says Frank, reading my thoughts. Frank's an old neighbor and an even older friend of mine. "It's not possible for me now; the wife had to sell the pots to buy food last week." I replied with a grim smile. I guess it would have been funnier if I wasn't so damn hungry. It's been a while since I ate last, around two days now.Remembering better times helped dull the sharp pains in my stomach. I like to think of the year me and Sarah got married, 1926. I was a wealthy bank owner, and I had it all: a new Model-T, a new radio, a new house, a new wife. The house was a sight, three stories in all, four bedrooms, a study, a gigantic kitchen, a huge lawn filled with green grass, a white picket fence, the works. It cost me more than thirty thousand dollars, but it was worth every cent. I only ended up paying nine thousand, because I had purchased it on credit. They took it from me because I didn't have the other twenty-one grand. That was two and a half years ago, November 9th, I think. Geez, is been two years and four months that we've gone without a house. The car's all we have left, along with a few pairs of clothes that haven't been washed in a few days.I regret not taking Frank's advice about the stock market. He says, "Hey Tony! I just heard from some fella down at Wall Street that something major might happen tomorrow! I think you should cash out, while the getting is good." That's Frank for ya, always watching your back. "Come on, Frank, you don't actually believe that, do you? The market just keeps going up, and you want me to cash out? Whataya, crazy" I looked at him, and I noticed he was serious. "All right, all right. I'll wait till Friday, okay? If the market goes down any, I'll sell it all." His eyes had a sense of foreboding in them, I remember. It gave me the creeps then, and it gives me the creeps now just remembering the stare. "I'm real serious, Tony; get out while you can. Go down now, it's only one o'clock. Friday might be too late." I told him some nonsense about a meeting or something I was late for, and he eventually left.Well, as it turned out, Friday was too late. I took Sarah to Boston to visit with her parents on Tuesday when the market crashed. I heard it on the radio, around three o'clock. I grabbed Sarah and drove like a madman back to New York to see if it was all true. It was. We got to my bank around...

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