-
Narrator: New York City’s Great White Way...
-
Broadway.
-
Throughout the 1920s,
-
the nightlife here glittered.
-
Bands played and liquor flowed,
-
and everyone who was drinking it was breaking the law.
-
[glass shatters against the wall]
-
In the first month of the new decade,
-
the 18th Amendement became the law of the land
-
and the sale and consumption of alcohol was now illegal.
-
Craig Mitchell: There was Prohibition,
-
but hardly enough.
-
Nobody paid any attention to it.
-
Female: You went to peoples' homes
-
and they served dreadful things called Orange Blossoms,
-
which was gin and orange juice.
-
Revolting.
-
And bad gin, at that.
-
Narrator: Liquor was now sold behind closed doors
-
in places called speakeasies.
-
Proprietors took the risks and reaped the profits.
-
Male: It was good money.
-
I was 15 years-old. I was riding around in a Nash convertible.
-
We had four speakeasies:
-
One by the Daily News, one by the Daily Mirror.
-
We had a peephole. You let 'em in.
-
Okay, the guy had to explain who he was and show you ID or something
-
and you let him in.
-
You got to know it was like family after a while.
-
Every corner had a saloon on it.
-
Of course, they were never raided by.
-
The cops were a big part of the business, too.
-
People wanted to drink.
-
It was a great game.
-
Narrator: It became a dangerous game for the high stakes players.
-
Battles between rival games for control of illegal liquor territories
-
riddled American cities with mushrooming murder rates.
-
Prohibition's aim was to sweep liquor off the city streets.
-
Now they were flooded with gangsters and guns.
-
I used to carry two Persuaders myself.
-
You had to have them.
-
Or else.
-
Narrator: Prohibition and the general disregard which followed it
-
was the perfect symbol for the 20s.
-
A decade which was about crossing the line,
-
smashing tradition,
-
breaking boundaries.
-
As modern America came of age in the 1920s,
-
boundaries of all sorts, technological,
-
geographical,
-
and social,
-
were shattered.
-
Narrator: The "roar" in the Roaring Twenties was the birth-scream of the modern.
-
America was now about to leave behind the formative experience of its rural past,
-
and embrace the promise of an urban future.
-
But progress would have its price.
-
A sudden, wrenching departure from the certainties of the traditional and the familiar,
-
spread by an emerging mass media—
-
movies and the radio—
-
things that seem old and familiar now
-
were just beginning to take shape in the 1920s.
-
Narrator: At the dawn of the 1920s, America was clearly entering a new era.
-
An era defined by vast and complicated urban culture
-
that would dominate the rest of the 20th century.
-
After World War I there was an eagerness to embrace the new,
-
and it was in America's cities, most dramatically in its biggest, New York,
-
where the Modern Age was born.
-
The very architecture of the city spoke of America's new ascendency and her aspirations.
-
Male: The skyscraper was an example of the new form
-
achieving a kind of thrilling scale, a nobility.
-
More people worked there than live in the average small town in America.
-
Narrator: A movement to the cities that had started during World War I accelerated.
-
In 1920 for the first time, more Americans lived in urban centers
-
than in country towns and villages.
-
Female: The pace is being set in the cities.
-
The city is irresistibly attractive, is really at a kind of high tide in this decade.
-
It's a force, a magnet.
-
Narrator: The very names of New York streets would become synonymous with progress and innovation.
-
Broadway would represent the best and latest in American entertainment.
-
Madison Avenue would come to stand for the bustling new business of advertising
-
which was uniting the nation in a set of shared fantasies and desires.
-
And Wall Street came to represent the decade's expanding economic opportunities.
-
Wall Street was where the action was.
-
People came from everywhere to get in on it.
-
The reason I come to New York was there was nobody there after they closed the mines in 1926 in Pennsylvania.
-
There was no money coming there.
-
This fella, Jerry, got me the first job.
-
And he said, "Come on down to Wall Street.
-
"The street are paved with gold."
-
Narrator: It seemed that way too.
-
On Park and Fifth Avenue is where the tycoons lived.
-
The number of millionaires in the 1920s jumped 400% over the previous decade.
-
The 20s feeling of limitless horizons was fueled by their lavish lifestyle.
-
Craig Mitchell: Our family had a house at 934 Fifth Avenue when I was growing up.
-
We had a place in Tuxedo Park and a house in New York
-
and then we used to come to South Hampton in the summer.
-
Everybody seemed to be having a good time.
-
Frances L. Lobe: In those days you had lots of help.
-
You had a cook, you had a kitchen maid,
-
and a luandress.
-
And then you had a parlor maid,
-
a chamber maid,
-
and mother's maid.
-
How many does that make?
-
Six, but I think there were eight actually.
-
Terribly nice people.
-
Male: Almost everybody had a boat.
-
I recall in the 20s,
-
you would see a harbor filled with yachts.
-
I mean really filled almost gunnel to gunnel.
-
We didn't refer to yachts as such unless they were 100 feet or over.
-
There was a great deal of entertaining and it was all done in people's houses
-
seated in parlors for 50-60 people.
-
Always after dinner there would be entertainment by guests.
-
George Gershwin was there with his orchestrator Bill Dailey.
-
They got up and played on two pianos.
-
Mother always two grand pianos in the big room downstairs.
-
Narrator: Gershwin who wrote Rhapsody in Blue and other anthems of the decades
-
was profoundly influenced by the new music he had heard of called jazz.
-
The capitol of Jazz in the 1920s was just a subway ride uptown in Harlem.
-
It was in Harlem clubs that one could see the artists at the forefront
-
of this fresh and uniquely American music.
-
Performs such as Louis Armstrong,
-
Bessie Smith,
-
and a dapper, young man named Edward Kennedy Ellington.
-
His friends simply called him "Duke."
-
Male: Duke was the essence of what black music was all about.
-
Everybody else was heading in that direction but Duke was there.
-
The first time that I was seized by the music was the first time I heard Duke Ellington
-
broadcast from the Cotton Club where Broadway,
-
Hollywood, and Paris,
-
rubbed elbows.
-
People came from all over the United States to experience what was going on in Harlem in the 20s.
-
Female: I was young and we went up to Harlem at night to dance and everything.
-
We all saved up for months to get the money to go out to a night club.
-
Of course the music was wonderful.
-
Narrator: Harlem was contributing more than music to America's new urban culture.
-
The world above New York's 125th Street was in the 1920s a hotbed
-
of political, social and cultural activity.
-
It was later called the Harlem Renaissance.
-
Male: The Harlem Renaissance was one of those fancy terms that white folks invent
-
when they want to take a particular look at some aspect of black folk.
-
I don't think black folks run around saying,
-
"We gonna have us a renaissance" or something like that,
-
but it was a holiday of the spirit.
-
Female: In Harlem was born this idea of the New Negro--
-
someone who stood up for the negro,
-
who advertised his and her contributions to American culture,
-
who was proud to be black.
-
Male: Harlem was the end of the line, the promise land,
-
the place where all our fantasies came true.
-
If I had to choose between heaven or Harlem
-
Harlem of course would win.
-
Every time.
-
Narrator: While Harlem seemed a promise land for black Americans,
-
New York's lower east side was for European immigrants their gateway to the American dream.
-
Female: We were blessed because we were in America.
-
My father came from the Ukraine.
-
He went to work in New York City and worked in a factory where they blocked
-
hats, men's hats.
-
And he was making $9-$10 a week, working a six day week,
-
and he would tell me how he was able to buy lunch everyday for 12 cents.
-
And the lunch consisted of a herring--a big schmaltz herring out of the barrel.
-
And my mouth waters now to think of it.
-
And a big roll with poppy seeds and an onion.
-
And life was beautiful.
-
Female: This was perhaps the most mixed city--racially, ethnically--
-
in the country,
-
but cities all around the country had become more important because change was centered in the cities.
-
Business, industry, culture.
-
Female: Nothing was like being in New York.
-
Just the magic of everything.
-
The world, full of things to be explored.
-
That time was one of adventure and your life as having a shape to it.
-
Sort of a thread, like a narrative, a story.
-
A feeling that anything may unfold.
-
Narrator: The decade's startling changes would soon spread
-
from American cities to envelope the entire nation.
-
Far from the speakeasies of the dance holes and the night clubs,
-
there was another America in the 1920s.
-
Here people still lived as their parents and grandparents had
-
and they liked it that way.
-
Male: In the early 1920s, this was a quiet, easy life.
-
Neighbors would come over for what we called "front porch visits"
-
and that's where there would be discussion, maybe a little gossip.
-
Narrator: Throughout the 1920s, new technologies transform daily life.
-
At the beginning of the decade most Americans lived without electricity.
-
When night fell only candles and lamps held off the darkness.
-
America was electrified in the 20s.
-
Electric lights extended the day,
-
opened up new possibilities for work and play.
-
That surge of new power came first to the cities.
-
And by the decade's end, the majority of American homes had electricity.
-
Male: You can't understand this century without understanding the effect,
-
the impact of science and technology.
-
My father's generation that really saw amazing changes.
-
He was born in 1900 in a world where the horse was still the main means of getting about.
-
The car seemed to me more revolutionary in a way than anything that's happened since.
-
Totally changed the kind of space we live in, really.
-
Narrator: The car would give Americans a sense of autonomy and freedom,
-
the freedom to escape their city or town.
-
To go away on a vacation
-
or simply on a day's outing.
-
By mid-decade, the government was spending more than one billion dollars
-
on the construction of highways, bridges and tunnels,
-
the beginnings of a national infrastructure which knit the country together.
-
Female: My father took my mother and me in the car
-
for the first rid through the Holland Tunnel.
-
This was opening night.
-
All the cars were lined up to go through the tunnel.
-
I was petrified.
-
I cringed.
-
Suppose the water leaks in? How did they build the tunnel under the water?
-
Where is the water?
-
And I imagined as we were riding through the tunnel that I heard the waves overhead.
-
Out on the so-called highways of those days
-
outside of New York we saw the billboards.
-
Narrator: Roadways were soon dotted with a new phenomenon.
-
Roadside advertising.
-
Female: They were big and colorful
-
and beautiful, I thought.
-
Narrator: Advertising helped transform not just
-
the physical landscape, but the cultural one.
-
Along with advertising came the expansion
-
of a brand new consumer concept - credit.
-
The old innovation against debt came tumbling down
-
as everything from cars to clothes could be bought on time.
-
Buy now, pay later became the order of the day.
-
By 1927 75% of all household goods were bought on credit
-
and in the last years of the decade the item desired most
-
was the radio.
-
Radio: But first we'd like to ask you to let us know if this broadcast is reaching you.
-
Narrator: From its scratchy beginnings in 1920 as a mere hobby
-
radio would become a nation wide phenomenon as important as the car.
-
Young radio enthusiast, Elbert Sindlinger
-
was there at the birth of modern radio.
-
In 1920, the Night Station KDKA broadcasting
-
from a factory rooftop in Pittsburgh
-
transmitted the results of the presidential election.
-
Man: One of the gentlemen was reading the election returns.
-
He got sick, so for about 35 or 45 minutes
-
I read election returns.
-
Nobody had any comprehension of the significance of what was going on.
-
Don't forget, there were only a couple hundred listeners.
-
Within six months every store in America,
-
even grocery stores, were selling radio sets.
-
Suddenly all Americans were listening to the same things,
-
laughing at the same jokes.
-
It was a kind of communal exercise here,
-
and very much a strengthening of your notion of what it was to be an American.
-
Narrator: Along with, and sometimes propelled by the
-
great technological leap in the 1920s, social patters in place
-
for decades also began to shift.
-
No where was this more obvious than with the
-
changes for American women.
-
An expanding job market had given more and more women
-
careers and the disposable income to do with what they wished.
-
Throughout the 1920s women would assert a new found freedom and independence
-
and nothing symbolized it more than the 19th amendment.
-
In 1920 after 81 years of agitation, women won the right to vote.
-
Female: A woman's lot had changed in almost every way.
-
She thought that she had the right to live for herself rather
-
than for her family, for others, as women were always supposed to.
-
She went to bars.
-
She went to after hours clubs.
-
She went to wild parties.
-
She had much shorter hair.
-
She wore much more makeup.
-
You go from having no women who's
-
dresses reach to their ankles
-
to flesh, flesh everywhere.
-
And a lot of 20s culture is about the fun of smashing prohibitions.
-
Narrator: The more daring women of the day were known
-
as flappers and vamps.
-
Male: Sure I remember flappers.
-
They were all over the place.
-
They were older than me, but when you look
-
at the flappers from the eyes of a young guy - wow!
-
Female: I think a flapper was the type of young woman
-
who just wanted to see how far she could go
-
and then would stop because she'd be afraid to go too far.
-
And a vamp didn't care how far she went.
-
Narrator: The shattering ways of 1920s city life were spread
-
by the media to rural America.
-
Places where the changes were not always so easy to get used to.
-
Male: Smoking, or drinking, being loose with talk, using profanity.
-
This sifted down from the cities.
-
From New York and Chicago.
-
And this finally had an unwanted place in my rural community.
-
Here was a girl who come home from - she'd been working
-
in Chicago - she's coming home with short dresses on.
-
Well, they were not wearing short dresses.
-
They were going to church with hats on
-
and with white gloves on.
-
They were decidedly concerned about what future generation was going to bring.
-
This country was founded on respect for God
-
and a sense of righteousness, and keeping
-
with the Sabbath Day, and people brought
-
their children up on the discipline and reading the scripture
-
and all of those things were part of the things that bound us together in America.
-
The people were solid.
-
We were church-going, and very little crime, and so on.
-
Narrator: As the cities grew in size and influence
-
many people in small town America found them threatening.
-
A breeding ground for new, and often alien ideas.
-
In one small American town
-
the forces of traditional religion and modern science
-
would clash in a battle heard round the world.
-
Here in Dayton, Tennessee in the summer of 1925
-
one of the centuries most famous court room battles
-
would take place.
-
John T. Scopes stood accused of teaching Darwin's theory of evolution,
-
that man and ape shared a common ancestor.
-
That was against the law in Tennessee.
-
The Scopes Trial attracted the best legal brains of the time.
-
William Jennings Bryan, three times presidential candidate
-
and a Christian fundamentalist himself, came to prosecute.
-
Clarence Darrow the celebrated Chicago trial lawyer
-
came to defend Scopes.
-
Outside as the trial progressed in the scorching summer heat
-
Dayton had itself a carnival.
-
Male: People would bring in trained chimpanzees
-
dressed in suites and ties, and they'd lead them up
-
and down the streets.
-
'Read Your Bible' was everywhere in town.
-
Posted up on the street, across the street, banners.
-
And you walked maybe 100 yards this way
-
and you'd have a street preacher.
-
I didn't know what he was preaching about.
-
You never saw the same people twice.
-
You go to the same place the next day
-
there'd be some other people from some other part of the United States there.
-
But it was a lot of hoopla.
-
I enjoyed it.
-
Scopes Trial became emblematic.
-
Everybody had to make up their mind.
-
People who'd never been to Tennessee, couldn't even find Tennessee,
-
had to think about this question.
-
Do I believe in modern science?
-
Narrator: At times it seemed that the whole world
-
had converged on Dayton.
-
Male: The aisles were filled
-
and the walls were lined with newspaper people
-
from England, from Spain, from France.
-
We had so many newspaper people there that you couldn't
-
stir them with a stick.
-
Narrator: When all the Hoopla ended
-
John T. Scopes was found guilty and fined 100 dollars
-
a ruling later overturned on technicality.
-
What Scopes represented and what the rest of the world came to witness
-
was a colossal clash of ideals.
-
The cool reason of science seemed to threaten
-
the deep and dividing roots of religion.
-
It was one thing to replace the family mule
-
with a Model T, but quite another to trade
-
Matthew, Mark, and John for Einstein, Freud, an Darwin.
-
For many people, these were confusing times.
-
And what may have been the most unsettling
-
about the pace of change in the 1920s
-
was the people really wanted both the benefits of the future
-
and the familiar comforts of the past.
-
Male: They want the fruits modernity.
-
They want it automated, electricity, radio
-
and at the same time they want it to remain 1850
-
and they know they cannot have both.
-
And this creates psychological tension within American society
-
that is then looking for somewhere to go
-
and it goes into hatred towards immigrants.
-
Hatred toward people who seem to be different.
-
It goes into intolerance and into the Ku Klux Klan.
-
Narrator: Ku Klux Klan membership soared to four million
-
in the 1920s.
-
Male: Almost everybody that was a good citizen in the South was a member of the Klan.
-
I think they were encouraging morality
-
by turning the light on immorality and deceit.
-
It created a great deal of consternation and debate and so on.
-
They were not just opposed to the blacks,
-
but they were opposed to the Catholics, and the Jews,
-
or anybody else who came from elsewhere.
-
Going to people's houses
-
and calling them out, and insulting them,
-
and whipping them, and things of that kind.
-
This was not just particular to the South, or Alabama.
-
It was nation wide.
-
Narrator: The Klan was actively recruiting in many Northern states.
-
Female: My father was asked if he would like to join the Ku Klux Klan.
-
He grabbed the guy by the collar and
-
threw him down the stairs.
-
Three nights later almost directly across the street
-
there was a large cross burning.
-
I still can see it in my mind.
-
It was a dreadful, horrifying experience.
-
My mother said 'It's just as though they're guarding the gates of Hell.'
-
Male: Those white people who catered to us, and were in sympathy to us,
-
they caught hell too.
-
Narrator: James Cameron was living in Indiana
-
when he and two childhood friends were seized
-
by a Klan inspired mob enraged by reports of the rape
-
and murder of a white couple.
-
Male: Many of them out in the crowd and the robes and the hood on too
-
and then the leader said 'Take all these niggers out and hang them.'
-
Narrator: His two friends were lynched.
-
James Cameron barely escaped with his life.
-
Male: They put a rope around my neck
-
and they threw the other end over the tree
-
and I kept crying and hollering 'I haven't done anything.'
-
But before they could hang me up
-
a voice said 'Take this boy back. He had nothing to do with any killing or raping.'
-
I looked up to heaven and I said 'Lord have mercy.'
-
Narrator: Throughout the decade an estimated
-
200 people were lynched by the Klan.
-
This organization, claiming to uphold the values and virtues of the past
-
became so powerful in the 1920s that it seized political control in seven states.
-
And in 1927, Klansmen marched 50 thousand strong
-
down the streets of the nation's capitol.
-
Clearly the forces of 20s modernity had stirred
-
bitter resistance.
-
In a decade fraught with so many changes
-
people in the 1920s seemed hungry for old fashioned heroes
-
and an explosion in spectator sports provided them.
-
Sports giants became household names, their every move followed by radio
-
and an eager tabloid press.
-
One name was known in more households than any other.
-
Female: In our family we were never baseball oriented
-
but I would've had to be deaf not to have heard about Babe Ruth.
-
Narrator: George Herman Ruth, the Babe, reshaped America's pastime.
-
In an era of big events he excelled
-
at the game's biggest excitement - the home run.
-
He hit 60 of them in a single season in 1927
-
a record that would stand for four decades.
-
Fans drove from miles around to see him.
-
Male: We used to get in a truck, seven of us,
-
put hay in the truck and just sit on it,
-
and in three and a half hours we went
-
from Scranton to the Yankee Stadium.
-
It was 35 cents to see the Babe and all the Yankee players.
-
Babe Ruth was a hero.
-
[indecipherable]
-
Seems like everyone back then was a hero.
-
We'd write to get autographs.
-
They'd graciously send us pictures.
-
If we sent postage stamps, you got your picture back.
-
It was a very nice time to live.
-
It felt good to be an American.
-
Narrator: The public's fascination with flying
-
in the 1920s seemed fitting for a time when
-
even gravity couldn't hold down progress
-
and when every boundary seemed just waiting to be broken.
-
Female: Once I got up about 1,000 feet it was
-
like I was home
-
and that's the only way I can describe it to you.
-
I was home.
-
I never wanted to be any place else.
-
Narrator: In 1927 one pilot would put aviation
-
and himself on every front page in the world.
-
On a misty May morning
-
outside New York City, a plane called
-
the Spirit of St. Louis was ready to take off for Paris.
-
No one had ever flown solo across the Atlantic before.
-
Six others had tried, failed, and died.
-
Ready to take the chance this time was Charles Lindbergh,
-
the 6 foot 2 son of a former congressman from Minnesota.
-
Thousands of people came to watch him take off.
-
Once he was out of sight
-
it seemed as if all America held its breath.
-
Female: In Yankee stadium they had three minutes of silence praying for him.
-
Everybody in the country was praying for him.
-
Narrator: Flying the fuel heavy single engine plane
-
was a battle against weather, hunger, and fatigue.
-
For the entire 33 and a half hour flight,
-
the western world wondered about the fate of that tiny plane
-
somewhere over the vast Atlantic.
-
Male: It was a Saturday night.
-
They hadn't heard from him for a long time
-
and I was walking up 125th Street
-
and someone shouted 'They found him!'
-
He was flying over Ireland, and within an hour
-
or so he landed in Paris.
-
Narrator: 100 thousand Parisians were there to welcome
-
the shy, young pilot.
-
Lucky Lindy emerged from his plane
-
carrying only a razor and a passport.
-
His flight had represented the best of an era.
-
A mastery of modern technology joined
-
with old fashioned values of courage, individualism, and hard won achievement.
-
Female: When Lindbergh came back it was as though
-
he walked on the water.
-
The public couldn't get enough of him.
-
He was a big star.
-
There wasn't a woman in America that wasn't crazy about him.
-
Male: He was a hero.
-
He was a nice guy, he was new, he was young,
-
he was kind of quirky, but that was what they wanted.
-
Narrator: The parade for Lindbergh down Broadway
-
was the biggest national celebration
-
since the end of World War I.
-
Male: Everybody became Lindbergh.
-
They became the person that he was and represented.
-
It was great.
-
Made a big impression on me.
-
It was very exciting for all of us because
-
we realized that a young man could do great things.
-
Narrator: After Lindbergh's triumph there remained
-
only one continent for the air plane to conquer - Antarctica.
-
The frozen and forbidden landscape
-
at the bottom of the world was the boundary
-
one of the centuries great explorers, Admiral Richard Byrd, set out to break.
-
His goal was to fly over the South Pole.
-
His expedition was flooded with young and eager volunteers
-
all of them wanting to be heroes.
-
Admiral Byrd was going to select
-
I forget how many Boy Scouts
-
to go to the pole.
-
I was about 12 at the time
-
and I was nominated as one of the guys to go.
-
Now this was a big thing.
-
It was in all the papers.
-
I came home and I said 'Mom, what do you think?
-
I'm going to go to the North Pole with Admiral Byrd!'
-
She said 'You can't go.'
-
I said 'Why?'
-
She said 'You'll catch a death of cold.'
-
I never went.
-
My cousin went instead.
-
There were 120 men connected with the Byrd expedition.
-
Narrator: 20 year-old Harvard student Norman Vaughn
-
dropped out of school, trained for a year,
-
and was finally selected to go on the adventure of a lifetime.
-
Male: We stepped on land that had never been seen or touched before
-
and that just excited me beyond words.
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Absolutely a new frontier.
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Narrator: The expedition's home base was called Little America.
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Its two year mission was to conduct geological research
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and prepare for Byrd's record breaking attempt.
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Male: We were responsible for getting out onto the
-
interior of Antarctica as far as we could
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to be there for Admiral Byrd's rescue expedition
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should he have had a forced landing.
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Narrator: Just after midnight on November the 29th, 1929
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Admiral Byrd's aircraft flew 500 feet above
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the geographic South Pole.
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He dropped a stone wrapped in an American flag.
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American's and their airplane had reached the ends of the Earth.
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By the end of the 1920s
-
anything seemed possible.
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Male: The most extraordinary thing about the decade
-
of the 20s was a pandemic air of optimism,
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of feeling that the future of the country was unlimited.
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One of the great jazz songs of the day was Blue Skies.
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'Only but blue skies do I see.'
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Narrator: The president promised blue skies in the country's future.
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At his inauguration in 1929, Herbert Hoover
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repeated the common wisdom of the day
-
that American's were on their way to riches.
-
If proof was needed
-
all one had to do was look at the bubbling pool of wealth, the stock market.
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Male: The butcher, the baker, the candlestick maker,
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everybody, oddly enough, was in the stock market.
-
One of our chofers was in the market.
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If he can be in the market, anybody can be in the market.
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There were no regulations as we have now.
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People got away with murder all the time.
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The government didn't bother them.
-
So they were all making money and doing very well.
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Narrator: A boom in buying had driven up stock prices.
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Suddenly, in October of 1929, investors started cashing in
-
their overpriced stock.
-
A panic of selling started.
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Male: On October 29, 1929, it was obvious
-
from the opening bell that things were wildly amiss.
-
At 9:30 there was a rumble on the floor.
-
One of the page boys said 'Hey Mike, look at the sell orders coming out of those phones.'
-
The wheels really started to come off.
-
The stock market went into a free fall.
-
Crowds gathered in the streets outside of the Exchange.
-
At 3:00 the bell rang and that was it.
-
Narrator: More than 30 billion dollars in paper value
-
simply vanished that day as the stock market crashed.
-
Female: The famous word, the crash.
-
Over night it was like bombs fell.
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Narrator: The 20s bubble had burst, and with it
-
the decade's optimism.
-
Male: People lost every penny that they had.
-
Nobody had any pensions.
-
There was no Medicare, Medicaid, social security.
-
If people lost their money, that was it.
-
They were down and out.
-
Female: People jumped off the George Washington Bridge
-
which had only just then not long ago been built.
-
People we knew.
-
My father was wiped out.
-
He never - psychologically he never recovered.
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Male: In '29 I lost a million dollars.
-
What do you do?
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Same story.
-
Wash your face and hands and comb your hair
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and start all over again.
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Narrator: But as people would find out in the decade to come
-
a decade as different from the 20s as night is from day
-
starting over was not going to be so easy.
-
America along with much of the world faced the Great Depression.
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That's on the next episode of The Century: America's Time.
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I'm Peter Jennings.
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Thank you for joining us.
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[music]