Page 52 - All About History - Issue 26-15
P. 52

1930s New York, with the Manhattan
                                                                                                            Bridge in the background
        What was it like?


        NEW YORK, 1933






                          After the prosperity of the

                          1920s,theUSAfounditself                                         Industry
               New York O
           USA O                                                                     Although the 1930s were a hard
                          spiralling into a pit of debt and
                                                                                     time for most industries, the
                          despairasitenteredthe1930s                                 private sector construction industry
                                                                                     suffered the most. The New Deal
         n the1920s,theUSAexperiencedaboom   had wrongly believed that the crisis would  encouraged the city to expand
         that earned the decade the name ‘the roaring  quickly run its course, and the little amount the  its own construction, but many
         20s’. In those days of glitz and glamour,  government did to combat the depression only  landlords found their funds drained
         national spirit and optimism were at an all  resulted in the situation worsening.  as tenants were unable to pay rent.
       Itime high; the impossible seemed possible.  Soon there was mass homelessness; New  More major victims of the era were
        But this came crashing down in 1929 when the  York City transformed from an urban metropolis  the industries that manufactured
        stock market underwent a disastrous collapse.  toamassofshantytownsandsoupkitchens.  heavy goods like cars, machinery
          The dramatic economic fallout from the crash  Men struggling to provide for their families tried  and refrigerators, which people and
        well and truly drew the curtain on the hopeful  to scrape pennies together by selling apples  companies could no longer afford.
        prosperity of the 1920s and plunged the country  on street corners, and the city that had once
        into its most crippling economic depression  attractedpeoplefromfarandwidewasnow
        in history.Whileunemploymentin1929was  driving them out. Immigrants and even US
        at just threepercent,by1933ithadrisentoa  citizenspouredoutofthecity,desperatetofind  Many protests broke out across the country
        huge 25 per cent. The president Herbert Hoover  jobs and food anywhere else.  as families struggled to feed themselves
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