Prohibition - Down and Out | 5
American History Tellers
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The Effects of the 1929 Stock Market Crash
On October 29, 1929, the Dow Jones Industrial Average lost 13% of its value. The following day, it did not recover and became known as Black Tuesday. About 25 billion was lost in the crash, translating into about 350 billion in today's dollars. For nearly ten years, I have been supplying liquor at the order of the United States Senators to pay for their secret drinking habits. On Capitol Hill, I am known as the man in the green hat with the exposé on his front page.
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