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Kay Bradley

Digital History The Great Depression in Global Perspective - 0 views

www.digitalhistory.uh.edu/disp_textbook.cfm

Great Depression depression economics history

shared by Kay Bradley on 29 Jan 14 - No Cached
  • International trade fell 30 percent
  • "Beggar-thy-neighbor" trade policies were a major reason why the Depression persisted as long as it did.
  • 30 million people were unemploye
  • ...24 more annotations...
  • One response to the depression was military dictatorship
  • collapse in raw material and agricultural commodity prices led to social unrest,
  • fascism and militarism
  • Hitler outlawed labor unions
  • restructured German
  • industry into a series of cartels
  • massive program of military rearmament
  • totalitarian communism.
  • Stalin's
  • welfare capitalism
  • Canada
  • Great Britain
  • France
  • Under welfare capitalism, government assumed ultimate responsibility for promoting a reasonably fair distribution of wealth and power and for providing security against the risks of bankruptcy, unemployment, and destitution.
  • the economic decline brought on by the Depression was steeper and more protracted in the United States.
  • European countries significantly reduced unemployment by 1936. However, the American jobless rate still exceeded 17 percent as late as 1939, when World War II began in Europe. It did not drop below 14 percent until 1941.
  • It produced a major political realignment
  • committed, to varying degrees, to interventionist government.
  • he Depression strengthened the federal presence in American life, producing such innovations as national old age pensions, unemployment compensation, aid to dependent children, public housing, federally subsidized school lunches, insured bank deposits, the minimum wage, and stock market regulation.
  • fundamentally altered labor relations
  • national labor policy protective of collective bargaining.
  • transformed the farm economy by introducing federal price supports and rural electrification
  • fundamental transformation in public attitudes.
  • t led Americans to view the federal government as the ultimate protector of public well-being.
Kay Bradley

The Legend of Lincoln's Fence Rail | History | Smithsonian - 0 views

www.smithsonianmag.com/...d-of-lincolns-fence-rail-35283

shared by Kay Bradley on 03 Jan 18 - No Cached
  • In 1860, Lincoln was eager to win the support of the Illinois delegates who would later attend the Republican National Convention in Chicago. Abe’s backers looked for a way to reconnect their man with his genuinely humble roots. They ended up taking a cue from Harrison and staging a nice bit of political theater at the state-level convention in Decatur.
  • idea of sending Lincoln’s cousin, John Hanks, back to the family farm in Decatur, Illinois, to collect a couple of the wooden fence rails that he and Abe had split years before.
  • under which a banner is suspended that reads ‘Abe Lincoln the Rail Splitter,’
  • ...2 more annotations...
  • Hanks returned to the farm and collected more of the hallowed rails. “During the Civil War,” says Rubenstein, “lengths of the rails were sold at what were called ‘Sanitary Fairs’ that raised funds to improve hygiene in the Union Army camps. They were touchstones of a myth.”
  • The unprepossessing piece of wood was accompanied by a letter of provenance: “This is to certify that this is one of the genuine rails split by A. Lincoln and myself in 1829 and 30.” The letter is signed by John Hanks.
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