Description: 1931 BARRON'S financial newspaper with contemporary DETAILS of THE GREAT DEPRESSION as it was happening - inv # 9P-411 SEE PHOTO----- COMPLETE ORIGINAL newspaper, BARRON'S, The National Financial Weekly (NY) dated Sept 21, 1931 at the depths of the GREAT DEPRESSION. THE newspaper for all matters financial, with a date during the GREAT DEPRESSION in the aftermath of the CRASH of the New York Stock Market in October 1929. Read all about the worst financial crisis in recent history, the GREAT DEPRESSION. This contains stock market prices as depicted in a graph that dramatically shows the 1920 STOCK MARKET CRASH and the 1930-1931 descent into the GREAT DEPRESSION. GREAT frameable GIFT for that STOCKBROKER FRIEND of yours !!! The Great Depression in the United States began on "Black Tuesday" with the Wall Street crash of November, 1929 and rapidly spread worldwide. The market crash marked the beginning of a decade of high unemployment, poverty, low profits, deflation and lost opportunities for economic growth and personal advancement. Although its causes are still uncertain, the basic cause was a sudden loss of confidence in the economic future. The traditional explanation is a combination of high consumer debt, ill-regulated markets that permitted malfeasance by banks and investors, cutbacks in foreign trade, and growing wealth inequality, all interacting to create a downward economic spiral of reduced spending and production. The initial government response to the crisis exacerbated the situation; protectionist policies like the 1930 Smoot-Hawley Tariff Act, rather than helping the economy, merely strangled global trade. Industries that suffered the most included agriculture, mining, and logging as well as durable goods like construction and automobiles that people postponed. The economy eventually recovered from the low point of the winter of 1932-33, with sustained improvement until 1937, when the Recession of 1937 brought back 1934 levels of unemployment. The Wall Street Crash of 1929, also known as the Crash of ’29, was one of the most devastating stock market crashes in American history—probably the very worst, taking into consideration the full scope and longevity of its fallout. Two catchphrases, "Black Thursday" and "Black Tuesday," evoke this collapse of stock values. Both are authentic, for the crash was no one-day affair. The initial crash occurred on Black Thursday (October 24, 1929). The collapse continued for a month, but it was the catastrophic downturn of Black Tuesday (October 29, 1929) five days later that precipitated widespread panic and the onset of unprecedented and long-lasting consequences for the United States. Economists and historians disagree as to what role the crash played in subsequent economic, social, and political events. Some consider it to be the beginning of the Great Depression. Barron’s is an American financial magazine known for its market-moving stories. Barron’s Magazine first appeared on the nation’s newsstands May 9, 1921, at a seemingly unlikely time – the depth of a post-World War I recession. But to Clarence W. Barron, the publication’s founder and namesake, the time was right: "A fresh financial publication based on sound sources of information and policy should be a helpful factor in assuring return of confidence to the world of business," he wrote in that first issue. Mr. Barron, president and owner of Dow Jones & Company, served as editor of the magazine to which he applied the motto "the application of money to positive ends." Son-in-law Hugh Bancroft, who proposed the financial weekly — with an eye toward making use of Wall Street Journal presses that were idle on Sundays – was the magazine’s publisher. Barron’s initial cover price was 20 cents, and an annual subscription was $10. The introductory issue’s cover story, "European Unsettlements — The Distress of France," carried Mr. Barron’s byline. When Barron’s made its debut, the Dow Jones Industrial Average (then comprising 20 stocks) was a lofty 79.48. The first issue was 16 pages and sold approximately 9,000 copies. Circulation as of June 30, 2008, was 308,116. Very good condition. This listing includes the complete entire original newspaper, NOT just a clipping or a page of it. STEPHEN A. GOLDMAN HISTORICAL NEWSPAPERS stands behind all of the items that we sell with a no questions asked, money back guarantee. Every item we sell is an original newspaper printed on the date indicated at the beginning of its description. U.S. buyers pay priority mail postage which includes waterproof plastic and a heavy cardboard flat to protect your purchase from damage in the mail. International postage is quoted when we are informed as to where the package is to be sent. We do combine postage (to reduce postage costs) for multiple purchases sent in the same package. We list thousands of rare newspapers with dates from 1570 through 2004 on Ebay each week. This is truly SIX CENTURIES OF HISTORY that YOU CAN OWN! Stephen A. Goldman Historical Newspapers has been in the business of buying and selling historical newspapers for over 45 years. Dr. Goldman is a consultant to the Freedom Forum Newseum and a member of the American Antiquarian Society. You can buy with confidence from us, knowing that we stand behind all of our historical items with a 100% money back guarantee. Let our 45+ years of experience work for YOU ! We have hundreds of thousands of historical newspapers (and their very early precursors) for sale.
Price: 30 USD
Location: Oxford, Maryland
End Time: 2024-11-12T19:28:39.000Z
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Item must be returned within: 30 Days
Refund will be given as: Money Back