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10

Roger Babson is often credited with predicting the 1929 crash. See, for example, http://www.newswise.com/articles/the-man-who-predicted-the-crash-of-29 Having worked in the markets through several more recent crashes, I suspect that there may have been a number of people lamenting high asset prices in 1929, but Babson happened to say so in the press just ...


10

The context for this specific photo was that a number of Japanese-Americans had been looking for housing in Hollywood, where they worked in menial positions. In response, white residents formed something called the "Hollywood Protective Association" in 1923 and campaigned to "keep Hollywood white".1 This is a photo of a member of that organisation, pointing ...


7

Did the Stock Market Crash of 1929 effectively cause the Great Depression? No. The stock market crash was most likely a serious contributory factor in the onset of the Great Depression. However, it did not "effectively cause" the economy to implode - there were serious pre-existing weaknesses in the late 1920s economy. In fact a recession was already ...


6

One should take with a grain of salt any "predictions" by "experts" about the stock market. An inherent characteristic of the stock market is that it is highly unpredictable in the short run. This follows by common sense: If one could predict the fluctuations in the stock market consistently, one could become the richest person in the world simply by ...


6

Every so often in American history, we have a "girl power" movement. One appears to be happening right now, as we speak. That is, today's girls are graduating from college in greater numbers than boys, and getting better entry-level jobs. This appears to have no precedent in American or world history. This "girl power" movement is an offshoot of their ...


5

This was a 1920s era diatribe against "all" Asian people, not a World War II slogan against Japanese. It came during the era of the American eugenics movement, which sought to "purify" the white race. It went further than the 1890s "separate but equal" movements in the American South to separate blacks and whites. "Purity," in this context, meant trying to ...


5

The aircraft is a Howard DGA-18, and the pilot might be Earl Shaw of Dade County, FL based on the FAA registration number history. The FAA stopped issuing "NC" (the C stands for "civil") numbers in 1948, although the earliest registration record in the FAA database is from 1955. The airframe (serial number 602) was manufactured in 1941, so best guess on ...


4

I found a translation of this book online. It's a 1920s Soviet sci-fi novel about a special light that makes things grow fast. It doesn't appear to be particularly rooted in science. Here's the two references in the text I found. They only had one electric revolver, but it was good protection. A 1927 model, the pride of French technology for shooting ...


4

Lawrence Sloan, in his 1931 book, "Every Man and His Common Stocks," posed three rhetorical questions about the economic conditions in the United States and the rest of the world: Was the country in a severy and possibly prolonged economic downturn? Almost certainly yes. Were there clear signs ahead of time? A qualified yes. The last questoin was "Could if ...


3

This question is quite old, but it's a subject dear to my heart, so I thought I'd provide my own take for you and anyone who happens to end up here. The most important thing to remember is that there was no "flapper movement". The fashion of the 1920s grew organically out of the fashion of the 1910s, no emphatic rebellion against past dress necessary. The ...


3

I believe it's rather a Zeitgeist. Soviet writers in 1920s were quite ingenious in arms "development". Belyaev in "Master of the World" used powerful mental weapon, A.N.Tolstoy in "Engineer Garin's Hyperboloid" projected a kind of laser weapon and so on. "Electric revolvers" in Bulgakov's story are much more powerful than modern samples: a multi-charged ...


3

During the early 20th century in the US, a strong nativist movement developed in response to increased immigration from Eastern Europe and Asia. The Immigration Act of 1921 and the Johnson-Reed Immigration Act of 1924 limited European immigration to 3% and then 2% of the total US population of the immigrants nation of origin. In the West, laws prevented ...


3

40°43′28.4″N 74°0′23.6″W top of this page: http://en.wikipedia.org/wiki/Our_Lady_of_Vilnius_Church_%28New_York_City%29 I have to give Thompson credit because all I did was type in Our Lady of Vilnius Church coordinates.


2

This goes back much further than the 1920s. White America was quite racist up until the civil rights battles of the 1960s (and this racism continues to this day). The sole dissenting voice against the Civil Rights Cases and Plessy v. Ferguson, John Marshall Harlan, wrote in his dissent of Plessy v. Ferguson that In view of the constitution, in the eye of ...


2

In the United States, we have specialists who treat lung conditions called respiratory therapists. My mother was one in the 1990's and she said it was very difficult to convince many elderly patients with asthma to quit smoking since they had been told by their doctors in their youth it improved their asthma. She dealt with hundreds of patients with lung ...


2

Asthma cigarettes were an actual treatment at the time - I don't know if the scriptwriters, or history, knew whether the prescription was for tobacco or stramonium cigarettes. It's unlikely anyone believed tobacco had any medical purpose at that time, though its dangers were still largely unknown. Stramonium, on the other hand, was a well known cure for ...


2

I am writing as the author of "A Modern Approach to Graham and Dodd Investing. Published in 2004, the book discussed the 1929 crash and predicted another one (which occurred in 2008-2009). It also provided a road map of how "other events" caused the fallout from the 1929 crash to turn into the Great Depression, and why the absence of such events have (so ...



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