X
The Great Depression

IN September of 1929 occurred an event which initiated for this country a political and social revolution. That event was the crash of a bull stock market which had been bid up to untenable heights by speculation with money borrowed on slender margins.

Securities were priced on the basis of future earnings which were so high as finally to reveal themselves as being fantastic. When reality succeeded fantasy, the market fell, margins were washed out and speculators were brankrupt. Protecting the loans threw millions of shares on the market, which deepened and intensified the crash. The speculators were only in small part experienced operators. Almost everyone had speculated. The elevator boy and the small merchant were ruined--it was so difficult to protect their margins on a fast-falling market that banks and private lenders found themselves in jeopardy. Some failed. Most were so weakened as to provide warrant (or excuse) for the Bank Holiday of 1933.

Our family was not caught in the crash. After years of prosperity we had saved money. Our investment had been in rebuilding and expanding the old farmhouse which had been occupied by the manager of Mrs. Hartness's farm. (That house is now known as "Smiley Manse." It had been built in 1811 for "Father" Smiley, the first settled Congregational preacher in town, and

-132-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this book

This book has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this book

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited page

Bookmark this page
Senator from Vermont
Table of contents

Table of contents

  • Title Page iii
  • Prefatory Epistle vi
  • Table of Contents vii
  • I - Ancestral Life The Flanders Line, the Gilfillan Line, the Duncan Line 3
  • II - Early Life of My Father 11
  • III - Village Life in the Eighties and Nineties 13
  • IV - Education 23
  • V - Apprenticeship 46
  • VI - At the Drafting Board 63
  • VII - In the Metropolis 82
  • VIII - Engineer and Manager 104
  • IX - Religious Life 122
  • X - The Great Depression 132
  • XI - Travel 141
  • XII - Public Life 165
  • XIII - Economics, Legislation, and Politics 184
  • XIV - In the Senate 206
  • XV - 1953-1954, and Senator Mccarthy 250
  • XVI - Adventures of a Senatorial Free Lance 269
  • XVII - Putting Principles to the Test 283
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Full screen
/ 314

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited passage

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.