The Great Depression

Find archive articles on the Great Depression from the 1930’s. Our site has great information from old magazine and newspaper articles on the Great Depression.

The Great Depression and the Sexes
(Coronet Magazine, 1947)

Unemployment permitted a great deal more companionship between young men and young women, which ordinarily would have led to marriage. The only thing lacking was money. The arrangements called, simply, ‘living together’ became common. Often the man or woman was married, and couldn’t get , couldn’t afford, or didn’t want a divorce. Sometimes the man simply refused to marry, and the woman took him into her home or moved into his as the next best thing…


You Might Also Care to Know About The Sex Manners of the Twenties or Men & Women During W.W. II

The Great Depression and the Sexes
(Coronet Magazine, 1947)

Unemployment permitted a great deal more companionship between young men and young women, which ordinarily would have led to marriage. The only thing lacking was money. The arrangements called, simply, ‘living together’ became common. Often the man or woman was married, and couldn’t get , couldn’t afford, or didn’t want a divorce. Sometimes the man simply refused to marry, and the woman took him into her home or moved into his as the next best thing…


You Might Also Care to Know About The Sex Manners of the Twenties or Men & Women During W.W. II

The 1930s March to the Pews
(Literary Digest, 1933)

…since the Depression began one out of every six banks has failed, one out of every forty-five hospitals has closed, one out of every twenty-two business and industrial concerns has become bankrupt…


– for those living in the digital age, the quote posted above is simply another mildly interesting, stale line from American history – but when those words were written in 1932 it meant for those who read it that there world was falling apart. So much of what they were taught to believe in was collapsing before their very eyes and as a result they felt a need to know God – and know Him they did; half way through 1932 churches and other religious bodies showed a total net gain of 929,252 members thirteen years of age or over – one of the largest gains ever recorded – and the total membership, thirteen years or more of age, reached the record figure of 50,037,209.


Click here to read about the American South during the Great Depression.

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FCA: Not Going Anywhere
(Pathfinder Magazine, 1937)

Unlike the CCC, WPA, CWA, or DRA, you can type FCA.gov into a search engine and actually make contact with one of FDR’s multiple alphabet agencies. This 1937 article will tell you why it came into being – but it won’t tell you why the agency wasn’t done away with during any of the decades of plenty that followed.

How Poor Was America?
(New Outlook Magazine, 1933)

Economist Robert R. Doane (1889 – 1961) presented numerous charts and figures amassed between 1929 through 1932 to argue that America was still a wealthy nation despite the destruction wrought by the Great Depression:

In 1929 the United States held 44.6 percent of the total wealth of the world. In 1932 that proportion has increased to almost 50 percent. We still have half the banking-power of the world. We still have half the income. In all of the items of economic importance and efficiency, the United States still stands supreme.

Dormant Capital
(Pathfinder Magazine, 1934)

This article reported on a phenomenon that is common in our own day as well as the era of the Great Depression. It exists in any locale that fosters a lousy environment for business – for when the entrepreneurial classes loose their daring for investing in commercial ventures and when bankers refuse to loan money for fear that they will never be paid back, it leads to the creation of what is called dormant capital – money that should be working, but isn’t.

There is now piled up in banks some $46,000,000,000. As opposed to $39,000,000,000 at the low point of 1933, and the idle capital is on the increase. World trade has virtually broken down.


As one editorial makes clear, FDR had a tough time freeing up private capital for investments, click here to read it.

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Understanding Unemployment
(Pathfinder Magazine, 1937)

In order for FDR’s Federal Government to layout their planned economy they had to be able to forecast the future trends in unemployment, and with that in mind it was deemed suitable that a committee be convened to study the matter. The board of brainiacs called themselves the National Resources Committee and their study was boundless and all encompassing. This article summarizes the findings of one of the organization subcommittees; their 450,000-word report was titled Technological Trends and National Policy, Including the Social Implications of of New Inventions. The head of this subcommittee was the famed sociology professor William F. Ogburn, and as the title implied, the report studied the blessing and the curse that is the nature of technological innovation.

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The Gloom Of It All
(Pathfinder Magazine, 1932)

It must have been very difficult to maintain a sunny disposition back in the Thirties! No doubt, residents of the Great Depression would often have to make their own good news. For example, that same month in 1932 when this article appeared it was also announced that for the first time in the nation’s history alien emigration from the United States during the last fiscal year exceeded immigration [to the United States], figures being 103,295 and 35,576 respectively – there! For those people who disliked hearing foreign accents on the streets, there was a glimmer of hope – and that’s what this article was all about: finding hope.

The Great Depression in the South
(Pathfinder Magazine, 1938)

In the Summer of 1938 the New Deal administration turned its attention to the Southern States in an effort to solve the poverty that had long afflicted the region and was especially keen during the Great Depression:

The War Between the States freed the slaves, but it did not free the South. Old plantations were broken up. Pressed to meet mortgages, farmers leased part of their farms to tenants. Cheap [African-American] labor remained and children were pressed into service on the Southern fields. Cotton and low labor costs stayed in the South.


Read about FDR’s African-American advisers here…

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The Five Wealthiest Counties
(Pathfinder Magazine, 1937)

During the summer of 1937 the U.S. Census Bureau released the data that was compiled by it’s business department concerning the payrolls dolled out by the nation’s wealthiest industries in 1935. The information gleaned from these payrolls indicated which were the five richest counties in the country based on personal income. These small municipalities could be found in two Eastern states, two Mid-Western states and one Western state.


Jump ahead to our own time and you’ll learn how much the game has changed: today the top five wealthiest counties in the United States are all located in the Maryland and Virginia Suburbs that lie just outside the District of Columbia!

The Chain Store Problem
(New Outlook Magazine, 1933)

The total amount of retail trade in 1929 was approximately $50,033,850,792 in net sales, but the ten percent of chain stores did $10,771,934,034 of this trade – or twenty-one and a half percent of the total! In the miniature department store field, selling articles for nickles, dime, quarters and dollars, earning charts show an average return on capital invested in 1920 of nearly fourteen percent. In 1925, this percentage rose to twenty-five. In 1930, after trade had begun to suffer, earnings still were in excess of of thirteen percent.

Unlikely Communists & Red Teachers
(New Outlook Magazine, 1934)

This article starts out discussing that during the Great Depression communism was beginning to appeal to a small number of unlikely Americans of the country club variety; by the fifth page, however, it heats up considerably when the subject turns to the number of communists who are charged with the instruction of American youth:

Although no accurate statistics on the subject are available, surveys and various reports indicate that there are 150,000 enthusiastic, thinking young Communists in the public schools and state universities of the United States today. Not nearly that many men are enrolled in the American Army. And the figure is a minimum – some estimates place the scholastic communists at 250,000.


The favorite newspaper among American communists was THE DAILY WORKERread about it here…

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Establishing A Misery Index
(New Outlook Magazine, 1933)

A great observer of the Washington merry-go-round, columnist Jay Franklin (1897 – 1967) pointed out in this article that there are Federal agencies entrusted with the sorts of information that, when analyzed properly, will serve both as an indicator of prosperity and of misery as they spread or recede across the land. …if one wished to know whether the people were desperate and suffering there were certain matters which would demonstrate it:

the number of evictions, the number of illegitimate births, the number of articles pawned or redeemed, the growth or decline of unnatural vice, the number of suicides. Information on these points, if currently accessible, in compact statistical form, would show whether the people were socially happy or economically satisfied.

Federal Housing
(Pathfinder Magazine, 1937)

At present the Federal Housing Administration is sponsoring the building of more than 1,000 small demonstration houses in as many cities, with the cost to range from $2,500 to $3,500. It is the belief of the belief of the FHA that 71.2 percent of American families have incomes permitting the purchase of homes costing less than $5,000.


Yet, regardless of the degradation of the Great Depression, the United States was still an enormously wealthy nation…

President Hoover and the Bonus Marchers
(Collier’s Magazine, 1952)

This is President Herbert Hoover’s recollection as to how his administration addressed the mass demonstrations of W.W. I veterans in need of relief. It is very different from the version recalled in high school history books in that Hoover stated that the order to burn the Anacostia shacks came from General MacArthur, not him.


Read about the the mood of the Great Depression and how it was reflected in the election of 1932 – click here…

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