Wednesday, September 29, 2021

Thursday September 29, 1921. The forgotten depression of 1920-22.

 

Mrs Jos. Leiters shop, in Washington D. C. on this day in 1921.

On this day in 1921 the US government released a report showing record unemployment, something no doubt influencing shops like the one depicted above.  

The end of World War One was really the cause, which had sent the country into a depression.  It was about to reverse with a boom.

Senator Richard P. Ernst taking some time out to go fishing in Washington D.C. on this day in 1921.

The record unemployment is what caused the government to sponsor a conference, depicted here the other day, although at the time the Federal Government took little direct involvement in the economy.


Most Rev. Archbishop Sekizru Arae was visiting Washington D.C. on September 29, 1921.

In some ways, the slump would be permanent for agriculture with farmers never returning to agricultural parity with other occupations thereafter.

On this day in 1921, David Lloyd George invited Eamon de Valera to engage in new negotiations regarding the status of Ireland.  De Valera accepted the following day.

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