AS MILLIONS of Americans hurried to work on the morning of October 24, 1929, it seemed like the start of an ordinary day. It seemed just as ordinary to the brokers and bankers who were entering their offices on New York’s Wall Street. True, the prices of stocks had been falling for several days, but that was nothing to worry about. There were bound to be ups and downs in the stock market and prices would surely rise again. For never before had the United States known such prosperity as it did in the 1920’s. Herbert Hoover, who had become …
Read More »Panic in Wall Street 1929-1932
