Tag Archives: Great Depression

Book Review – The Day The Bubble Burst October 29, 1929

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A Classic Wall Street Tale – Soon To Be Repeated

October 29 is an important anniversary date that many do not remember because they did not live through it. On that date in 1929 the stock market crashed to an astonishing level.

Major media outlets are praising Aaron Ross Sorkin’s forthcoming book 1929: Inside the Greatest Crash in Wall Street History–and How It Shattered a Nation, (Random House, November 4 2025). 

Coincidentally I was just finishing an older book about the same subject. It is  among the best books ever written about Wall Street.

The Day the Bubble Burst: A Social History of the Wall Street Crash of 1929 by Gordon Thomas and Max Morgan-Witts (Doubleday, 1979) is a masterful work of  storytelling.

While John Kenneth Galbraith’s 1955 book The Great Crash 1929, remains the seminal work on the economic causes of the crash, Thomas and Morgan-Witts examine the human aspects of the financial calamity which ushered in the Great Depression.

Threading together the lives of movers and shakers of Wall Street and the ordinary citizen, the authors lay out stories that resonate today. Events unfolding before us now, have similarities to the great crash of 1929. Continue reading →

Classic Hollywood #157 – Betty Grable Poses For USC Trojan Sculptor

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Betty Grable Is Model For “Spirit Of Hollywood” – 1937

photo: World Wide PhotosHollywood, Calif: Roger Noble Burnham, noted sculptor last night presented his latest work, “Spirit of Hollywood,” to the Hollywood Chamber of Commerce, the women’s division. Miss Betty Grable, actress was present last night and was chosen by Burnham as his model because in “Spirit of Hollywood,” he sought to depict youth, beauty and energy moving forward and looking upward, but with “both feet on the ground.” The sculptor said he felt Miss Grable exemplified this, as she worked her way upward through childhood in Hollywood. The life size plaque will be on display in the Chamber’s auditorium. Photo shows: Roger Noble Burnham, noted sculptor, completing his plaque of Miss Betty Grable, actress, shown posing for Burnham. photo: Wide World Photos 11/9/1937

Among Roger Noble Burnham’s (1876-1962)  most enduring works is the sculpture on the campus of The University of Southern California (1930) called Trojan Shrine aka Tommy Trojan. Continue reading →

Managers Connie Mack & John McGraw Decide Who Bats First At The First All-Star Game

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Athletics Manager Connie Mack & Former Giants Manager John McGraw Have A Contest Before The First All-Star Game 1933

Photo shows – Manager Connie Mack of Americans (left) Manager John McGraw of Nationals choose for first up with the aid of a bat.

In the game of the century played at Comiskey Park, Chicago, July 6, the picked team of the American League defeated the picked team of the National League 4-2. Photo: Acme July 6, 1933

It’s hard to believe that this is how they decided home field advantage in the American League’s Comiskey Park for the first All-Star Game, but it’s true.

Kids used to do this in pick-up games in parks to see who would bat first. Continue reading →

Joe DiMaggio Ends His Holdout For More $

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Joe DiMaggio Signs A Contract, Then Autographs For Fans – April 23, 1938

Back In Harness With Fanfare
Back in his Yankee uniform after a long holdout, Joe DiMaggio is shown April 23 in the home ballpark in New York City as he obliged autograph-seeking youngsters in the bleachers. The San Francisco slugger expected to be in playing form within a week. The Washington Nationals celebrated DiMaggio’s presence in the park by beating the Yanks 7-4. Photo: Associated Press April 23, 1938

Cleveland’s Jose Ramirez recently signed a seven year $141 million contract. Mets pitcher Max Scherzer will earn $43,333,333 in 2022. Mike Trout possibly the best position player today will earn $35,541,667 playing for the Angels this year.

In 1937 Joe DiMaggio’s second year in the majors, he played 151 games, scored 151 runs, with 215 hits, 46 home runs, 167 RBIs and posted a .346 batting average. He also walked 67 times while striking out only 37 times.

DiMaggio was paid $15,000. Continue reading →

New York Scenes From “Central Park” – The Movie 1932

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Central Park 1932 Movie, On Location Shots

An out of work man, a beautiful woman, gangsters, an about to retire visually impaired cop, an escaped lion and a robbery at The Central Park Casino make up the plot of Warner Bros. 1932 drama Central Park. Continue reading →

New York City’s Famous Drake’s Restaurant 1900-1937

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Drake’s Restaurant Was Open 24 Hours A Day For 37 Years Until Labor Troubles Set In

In our previous story we briefly told the story of Jack’s a famous New York restaurant that never closed. There was another “never closed” restaurant which was a New York institution for 37 years.

Drake’s was located at 111 West 42nd Street near Broadway. The restaurant was founded in 1900 as Rigg’s as part of the Rigg’s chain. Continue reading →

American Magazine Advertising 1904 – These Companies Are Still Around 117 Years Later

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Part I – Advertising From The Century Magazine October 1904

Companies That Have Survived

Whitman's chocolate ad 1904

Whitman’s chocolate as it was advertised in 1904. The company was started in Philadelphia in 1842 by Stephen Whitman. In 1877 he began to box chocolates. Russell Stover Candies is the current owner.

While browsing through The Century Magazine issue for October 1904 I couldn’t help but notice the advertisements.

While a great many of the firms are out of business, a surprising number are still around today. For part one we will look at the ads of the companies that are still here in 2021. They’ve survived different owners, mergers and changing public tastes. It’s interesting to see how these enduring products once portrayed themselves with strong images or many words or a combination of the two.

Let’s have a look.

We may not have servants drawing baths for us now, but you can still buy a bar of Pears’ Soap and give yourself a bath. Founded in 1807, the worldwide company is now run by Unilever. Continue reading →

Baby Ruth – She Wasn’t Fat Enough

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At Over 800 Pounds Baby Ruth Pontico Wanted To Be The First Woman To Weigh Half A Ton

She Didn’t Make It

Baby Ruth Pontico Ringling Bros Circus Fat Lady 1941 photo AP

A Big Baby

Weighing 16 pounds at birth does not necessarily mean you will become the Fat Lady of the circus. But during a time in history when people enjoyed staring at human oddities, its better to be paid for having people gawk at you.

Ruth Smith was born on February 8, 1902 in Kempton, Indiana. At age one her weight was fifty pounds. By age ten she was 300 pounds. Continue reading →

New York City Tourist Attraction Ticket Booklet 1934

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Hotel Victoria’s 1934 Three Day All Expense Tour Booklet Of New York City

Accommodations, Fancy Dining, Night Clubs, Museums, A Bus Tour, Ellis Island, Top Of The Rock & More – All For $11

In the midst of the Great Depression visitors still came to New York to see the sites. If you were staying at the Hotel Victoria  (7th Avenue and 51st Street) you could purchase this booklet with prepaid tickets for accommodations, entertainment and various attractions around the city.

When I acquired this booklet the most valuable tickets had been used by the previous owner. Though there is no date on the booklet. The directors of each attraction are listed, and based on that information I was able narrow the date of the booklet to 1934.

So for $11 this is what you got. Continue reading →