Me it is my belief that the only thing that we have to fear is fear itself. By the time Franklin Roosevelt gives his march 1933 inaugural speech, almost a quarter of the nation is unemployed. More than 5,000 banks have failed and drought is persisting in key agricultural areas of the country. People must have faith. Coming up in the next hour, stories from the Great Depression as we take you to places like toledo and then in 1931 five of the six largest banks all failed at the same time which made it the largest banking failure of the Great Depression. To successful infrastructure of the times still impacting us today. And to one ending in tragedy. Well talk you to st. Paul with gangsters and the corrupt police force strike a bargain. Well explore the impact of new deal programs like the Conservation Corp as we go just outside of amarillo, texas. We wouldnt have a park here if it wasnt for the Conservation Corp. And well hear from artists who tell tales. We begin our cities tour featur
Your people must have faith. In the 1920s, toledo was the Fastest Growing manufacturing city in america. In some, ways it was the Silicon Valley of today. The auto industry, cutting edge technologies, they were all centered here at the time. As a result, the Manufacturing Base was going gangbusters. Toledo seemed to be one of the brightest economic spots on the whole american map during a decade that was a decade of prosperity. Then, in 1931, the entire house of cards collapsed. And five of the six largest banks in toledo all failed at the same time. That made it the largest banking failure of the Great Depression. The Banking Industry here was perhaps more corrupt than other places. That contributed to its catastrophic collapse. Toledo was the 27th largest city in america. Its economy was rather diversified for a city of its size. It was an up and coming, major producer of automobiles. It had one of the largest Automobile Companies producing cars here. But it was also a city that had
That the only thing we have to fear is fear itself. By the time Franklin Roosevelt gives his 199033 speech, a quarter of the nation is unemployed. 5000 banks have failed and drought is persisting in key agricultural areas of the country. You people must have faith. Coming up in the next hour, stories from the Great Depression as we take you around the country to places like around the country to places like toledo. The banking failure of the Great Depression. 26 for Infrastructure Projects of the times impacting us today. And to one ending in tragedy. We will take you to st. Paul where a depression era gangster and the corrupt police force strike a bargain. We will explore the impact of programs like the civilian conservation corps, as we go to kansas outside of amarillo, texas. We would not have a park here if it were not for the corp. And we will learn about the people who were hit hardest, and their tails. When the sun comes shining announcer we take a trip to toledo, ohio. In the 1
1929, the Financial Health of the over and stated stock market plunges into a Great Depression, it grips the world. This land is your land this land is my land from california to the New York Island i want to see my country again holds a prosperity. This land was made for you and me snen send in let me insert my firm belief that the only thing we have to fear is, fear itself. By the time Franklin Roosevelt gives his 1933 speech, almost a quarter of the nation is unemployed. More than 5,000 banks have failed. The drought is persisting in key agricultural areas in the country. People must have faith. Coming up in a next hour, stories from the Great Depression as we take you around the country to places like oledo. In 1931, five of the six largest banks in toledo failed at the same time. Which made it the largest ranking failure of the Great Depression. To successful Infrastructure Projects impacting us today. And to one ending in tragedy. We will take you to st. Paul, where depression er
1960s. First, part of a 1969 abc report about the impact the massive crowd had on the small new york town known as bethel. Last night the traffic was immense, but somehow between dark and dawn when the music finally stopped, they disappeared across the country. Although thousands remained on tre the rented 600acre dairy farm pitching in on cleanup detail or just waiting out the crowd. Its nestled in the heart of the catskills. The biggest town nearby is monticello. The townspeople were terrified at the prospect of the hippy arrival. Before it was over something happened in monticello. Residents and resorts freely emptied their cupboards for the kids. Residents were stunned about their politeness. Polite. I think they are really a Wonderful Group of kids. I never met so many kids in such large numbers that were so polite, so patient, so courteous and understanding under these conditions that we had here in the last three days. Certainly in the beginning there was a great deal of apprehe