The Literature of the Subject
INTERNATIONAL developments, including those which came before the great depression and helped cause it, are found in League of Nations , World Economic Survey, annually 1931- 1941 ( Geneva: League of Nations, 1932-); a briefer treatment, good for background, is League of Nations, Report on Inquiry into Course and Phases of the Present Economic Depression ( Geneva: 1931). Lionel Bobbins , The Great Depression ( London: Macmillan & Co., Ltd., 1934) is one of numerous competent works giving an English view. Bearing immediately on the part played by this country is Hal B. Lary , The United States in the World Economy, The International Transactions of the United States during the Inter-war Period (U. S. Bureau of Foreign and Domestic Commerce, Economic Series No. 23 Washington: Government Printing Office, 1943); of course a good many of the sources mentioned below, dealing with particular aspects of the depression, hark back to the pre-depression period.
The "Pecora Investigation" into the 1929 stock market crash and the operations of investment bankers is reported in the U. S. Senate Banking and Currency Committee, Hearings on S. Res. 84 et al., 72, 73 Cong., April 11, 1932-May 4, 1934, various dates, Parts 1-20. The evidence of J. P. Morgan is in Parts 1 and 2, that of the Chase Securities Corporation in Parts 5-8; Parts 15-16 concern the Securi