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Crash of 1929 Museum
Curators Office
Aniruth K. & Sai N.
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Room #1
News Room
Brooklyn Daily
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NYT Article
Room #2
After the Crash
Fred Bell selling apples
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The Bull Market
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Death
Suicide
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Room #4
Stocks, Banks, and Living ConditionsRun on Banks
Hooverville
The FED
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The New York TimesNew York, specifically Manhattan, was hit hard
by the crash of 1929. Within this one day, many stocks were sold in
the fear that the stocks were overpriced and were overinflated.
Even with the rallying at the end of Black Tuesday, many traders
realized the imminent issue in the American economy.
Room 1
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Brooklyn Daily EagleOn October 24, 1929, Brooklyn Daily Eagle
released news that Wall Street collapsed. It also depicts what was
going on around this time period. At this time, newspaper was the
best method of communicating information.
Room 1
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Down but not OutBull Market is a term used when markets are
going up for a seemingly infinite time period. This is what america
thought was happening at the time before the stock market crash.
This cartoon depicts how the the high flying bull market has
crashed and needs help getting back up. The public was shocked by
the crash just like how it is shown in the cartoon.
Room 2
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Fred Bell selling Apples Fred Bell was a simple
multi-millionaire before the stock market crash of 1929. He his net
worth then was around $30 million dollars he started from only $5.
He was known as Champagne Fred for making his money during the
stock boom. But the worst was only ahead. Fred lost everything in
the stock market crash of 1929. He was destroyed and forced to sell
apples as a means of profit. This picture was taken 2 years after
the stock market crash on March 7th 1931.
Room 2
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It Hit My Interests Hard...The Wall Street Crash of 1929 hurt
many people and many did not take the sudden loss in money properly
as they committed suicide. As a result of the crash, 23,000 people
committed suicide, the highest in United States history. It was so
prevalent to the point that some hotel clerks began asking if
people were buying rooms to sleep in or jump from.
Room 3
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Whos at Hooverville?Hooverville is a term for a small shanty
town. It began as a result of the loss of money in the Wall Street
Crash of 1929. There were many of them across the United States. It
was termed after Herbert Hoover by the Democratic National
Committee because of his rugged individualism policies where each
person supports themselves and nobody else.
Room 4
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Someone had to save Him from HimselfIn this political cartoon,
we see the FED trying to stop the public from taking too many loans
and how it is engrossing the the US public. This was how the FED
tried to stop the crash almost 9 months in advance. The FED even
tried reducing the amount loaned out by adjusting the reserve
ratio. This of course failed, but this was how the FED warned the
US public that a crash was near. No One listened.
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Room 4
The Bank RunsThis was one of many bank runs following the
depression. During bank runs, americans would fill banks trying to
withdraw all the money within their accounts. This was catastrophic
because of many reasons. One reason was due to the fact of bank
reserves and loans; the bank never held on to all the money
deposited. This caused a ruckus when people lost money in the stock
market. This destroyed Americas economy and killed off many small
banks of the time period.Image or Video
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Room 4
Resources
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