Today in History
October 29, 1929
Crisis on Wall Street Felt Nationwide
Panic sweeps Wall Street as the great crash results in sixteen million shares being sold on the New York Stock Exchange. Speculation, over-extended credit and declining steel and automobile production prove too much for the booming economy, and the country goes into a 12-year economic tailspin. It will take yet another epic catastrophe—World War II—to bring prosperity.
Today's Feature History Article
The Federal Writers' Project gave Depression-era writers a second chance...and America its first comprehensive self-portrait
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