"Back to Normalcy."

"Back to Normalcy."

This article argues that the stock market crash was inevitable because "the country had gone speculation mad"; while the country will suffer "painful consequences," the author predicts that "the shock will not be so severe as it has been on former occasions...because we are...

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Bibliographic Details
Format: Electronic
Published: Alabama Department of Archives and History
Subjects:
Alabama documents
Online Access:http://cdm17217.contentdm.oclc.org/cdm/ref/collection/voices/id/2799
format Electronic
collection Alabama Textual Materials Collection
building Alabama Department of Archives and History
publisher Alabama Department of Archives and History
topic Alabama documents
spellingShingle Alabama documents
"Back to Normalcy."
fulltopic Alabama documents
Business and finance--United States; Great Depression; Stock Market Crash, 1929
description This article argues that the stock market crash was inevitable because "the country had gone speculation mad"; while the country will suffer "painful consequences," the author predicts that "the shock will not be so severe as it has been on former occasions...because we are so much richer, and because our economic system is so much more solidly placed." The outlook for Alabama is particularly positive: "It should not be long, however, before this reassertion of power and energy is possible. In Alabama and in Birmingham, particularly, the effects of the experience ought not to be severe....Our industries will be going full blast. The cotton crop has been a blessing. Our psychology, if not buoyant, is robust enough. We are in an excellent position to take care of the repercussions from the Stock Exchange."
spelling Q0000017412Q17412"Back to Normalcy."This article argues that the stock market crash was inevitable because "the country had gone speculation mad"; while the country will suffer "painful consequences," the author predicts that "the shock will not be so severe as it has been on former occasions...because we are so much richer, and because our economic system is so much more solidly placed." The outlook for Alabama is particularly positive: "It should not be long, however, before this reassertion of power and energy is possible. In Alabama and in Birmingham, particularly, the effects of the experience ought not to be severe....Our industries will be going full blast. The cotton crop has been a blessing. Our psychology, if not buoyant, is robust enough. We are in an excellent position to take care of the repercussions from the Stock Exchange."1929 October 261929-10-261920-1929Business and finance--United States; Great Depression; Stock Market Crash, 1929TextNewspapersBirmingham Age-Herald37.2667v637Alabama Department of Archives and History, 624 Washington Avenue, Montgomery, Alabama 36130EnglishThis material may be protected under U. S. Copyright Law (Title 17, U.S. Code) which governs the making of photocopies or reproductions of copyrighted materials. You may use the digitized material for private study, scholarship, or research. Though ADAH has physical ownership of the material in its collections, in some cases we may not own the copyright to the material. It is the patron's obligation to determine and satisfy copyright restrictions when publishing or otherwise distributing materials found in our collections.240 PPI TIFFhttp://cdm17217.contentdm.oclc.org/cdm/ref/collection/voices/id/2799
title "Back to Normalcy."
titleStr "Back to Normalcy."
url http://cdm17217.contentdm.oclc.org/cdm/ref/collection/voices/id/2799
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