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Jim Saunders - Blind Spot: How Industry Rescued Americas Great Depression Economy

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Jim Saunders Blind Spot: How Industry Rescued Americas Great Depression Economy
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BLIND SPOT

How Industry Rescued Americas Great Depression Economy

Jim Saunders

Copyright 2020 by Jim Saunders. All Rights Reserved.


Copyright 2020 by Jim Saunders


No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, or by any information storage and retrieval system without the prior written permission of the publisher, except in the case of very brief quotations embodied in critical reviews and certain other noncommercial uses permitted by copyright law.

E-book ISBN 978-1-7348624-1-6

Dedicated to
Patrick, Connor, and Aidan

Contents

Chapter 2

Photographer Dorothea Langes famous photograph of Migrant Mother Courtesy, Farm Security Administration-Office of War Information. LoC C/N, 2017762891

Red cross serving beverages to men Courtesy, Farm Security Administration-Office of War Information. LoC C/N, 2016879103

People living in miserable poverty Courtesy, Farm Security Administration-Office of War Information. LoC C/N, 2017763118

Squatters along highway near Bakersfield Courtesy, Farm Security Administration-Office of War Information. LoC C/N, 2017759223

Chapter 4

Part carnival side show-part valuable research Courtesy, Manuscripts and Archives Division, The New York Public Library. Infant Incubator Woman looking at babies in incubators. Image ID, 1675847

General Motors Futurama Courtesy, Manuscripts and Archives Division, New York Public Library. General Motors Futurama Visitors in moving chairs viewing exhibit. Image, ID 1674373

Pontiac transparent ghost car Courtesy, Manuscripts and Archives Division, New York Public Library. General Motors Crowd viewing transparent car at dedication. Image ID, 1674229

RCA Television Courtesy, Manuscript and Archives Division, New York Public Library. Radio Corporation of America (RCA) Harvey Gibson, Miss Television, and James E. Robert standing with television Image ID, 1681015

Miss Chemistry Courtesy, Hagley Museum and Library Miss Chemistry models nylon stockings at the New York Worlds Fair. Image ID, 1984259_121412_013

Elektro and Sparko Courtesy, Manuscript and Archives Division, New York Public Library. Westinghouse Mechanical Man and Dog (Elektro and Sparko) Image ID 1686391

Theme Center Courtesy, Manuscript and Archives Division, New York Public Library. Theme Center Trylon and Perisphere View of Trylon and Perisphere with sculpture, fountains, man and woman in foreground Image ID 1684531

Chapter 7

Jedidiah Strutt 18 th century cotton mill. Courtesy, Wikimedia Commons scanned from 1819 Rees Cyclopedia

Chapter 11

1913 Ford Model T Courtesy, The National Museum of American History, Smithsonian Institution. ID No . TR.311052

Chapter 12

With Orville Wright at the controls. Courtesy, Smithsonian Air and Space Museum, Smithsonian Institution. ID SI2003-3463

U. S. Army Air Mail Curtiss JN-4HM Courtesy, Smithsonian Air and Space Museum, Smithsonian Institution. ID 2000-6150

White I-30 Tractor Pulling Ford Tri-Motor Airplane Courtesy, Wisconsin Historical Society. image ID 7213

Chapter 13

Doctor Onsgard harvesting Courtesy, Fillmore County Historical society, https://reflections.mndigital.org /fch:189

Chapter 16

Ball Bearing Courtesy, Grayhawk Press

Tapered roller bearing Courtesy, Grayhawk Press

Chapter 18

Machine shop classroom Courtesy, Wisconsin Historical Society. image ID 7952

Chapter 27

Armory, Columbus, Ohio Courtesy Library of Congress Detroit Publishing Company. 2016803777

Chapter 33

General Motors Turret Top Promotion. GM Media Archives. Image No. 211248

1939 Ford DeLuxe Courtesy, The Henry Ford . ID THF90290

Transportation to Fair Women with car and trailer . Courtesy, Manuscript and Archives Division, New York Public Library. Image ID 1685005

Chapter 34

International 1939 D-Line Truck Courtesy, Wisconsin Historical Society. image ID 122108

Semi-tractor with 5th wheel-1939. Courtesy, Farm Security Administration Office of War Information. LoC C/N 2017719135

International D-300 Truck Courtesy, Wisconsin Historical Society. image ID 121289

Greyhound Lines bus-1937. Courtesy, Library of Congress https://lccn.loc.gov/2016878403

Pre-war Kenworth Fire Truck. MOHAI, Courtesy, Museum of History and Industry. 1983.10.14407.3

Milkman in front of Divco MOHAI, Courtesy, Museum of History and Industry. 1983.10.13902.1

A driver sits in an International truck TiltTop Bottle Capper-1929. Courtesy, Wisconsin Historical Society. image ID 49202

Chapter 35

Elevated view of group of men and women boarding an American Airlines Courtesy, Wisconsin Historical Society Image ID:62924

Chapter 36

Empty cans are filled with peas Courtesy, Farm Security Administration-Office of War Information. LoC C/N 2017780255/

A ten-arm Owens automatic bottle machine, ca. 1913. Courtesy, Lewis Hine

Placing packaged goods on display rack Courtesy, Farm Security Administration-Office of War Information. LoC C/N 2017785132

Chapter 40

A Wendy Welder Courtesy, U.S. Office of War Information. LoC C/N 2017697447

Chapter 48

GM 1947 Electromotive F-Series Astra Liner Courtesy, General Motors Archives. ID Number 166158

Chapter 49

Bulldozer used in grading during the construction Courtesy, Farm Security Administration-Office of War Information. LoC C/N, 2017871713

Laying sidewalks with grader at New York Worlds Fair-1939. Courtesy, Manuscript and Archives Division, New York Public Library. Image ID 1675481

Chapter 50

1946 catalog illustration of an International Harvester Farmall HV tractor. Courtesy, Wisconsin Historical Society. Image ID: 28761

Chapter 51

Ford Model A Courtesy, The Henry Ford. ID THF120026

1949 Ford Tudor sedan Courtesy, The Henry Ford. ID THF90472

Chapter 52

O-ring. Courtesy, Grayhawk Press

Chapter 54

A window display at the Wisconsin Power Courtesy, Wisconsin Historical Society. Image ID 73462

Testing a Westinghouse refrigerator-1937. Courtesy, Wisconsin Historical Society Image ID . 14963

1947 International Harvester refrigerator. Courtesy, Wisconsin Historical Society Image ID . 12017

Saleswoman demonstrating a Maytag washing machine to a customer (1937). Courtesy, Wisconsin Historical Society. Image ID 14889

The Bendix Home Laundry was a homemakers dream Courtesy, MOHAI Museum of History and Industry. 1983.10.15984.2

T he Great Depression ranks as one of American historys most scrutinized events. Only the Civil War and World War II hold more historical interest than this 1930s catastrophe. Ninety years later, its story has all the elements of a classic thriller. For more than a decade, the tale of Americas infamous economic panic provided a diverse collection of hardworking underdogs, flamboyant protagonists, and loathed antagonists. The plot contains several dramatic twists, while the tremendous recovery led to an extraordinary feel-good ending. Yet, two controversial mysteries remain unresolved: What caused the Great Depression? Did World War II spending drive the recovery?

Mainstream scholarship suggests that academia has a lock on those answers: a cataclysmic failure of capitalism caused the Great Depression; the New Deal offered some relief; and finally, massive World War II military spending rejuvenated the still-sluggish economy.

Yet, the debate trudges on and at times intensifies as disenfranchised academics and enthusiasts challenge the establishments view of the panic years.

One indisputable Great Depression truth is the scale of the economic damage endured by Americans during the 1930s and into the 1940s. The unemployment rate between 1931 and 1940 peaked at 25% and never dropped much below 15%. In the first few years, a third of Americas banks closed. When the economy struck bottom, many of the nations business sectors revenues dropped by 50%. Then came the war. Nearly 400,000 Americans died in combat during World War II, with total casualties exceeding one million. Back home, civilians lived with widespread shortages and harsh rationing. Even the post-war recovery turned into a multi-year struggle.

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