The average price of a radio set is still as high as $135, for the low-priced small sets have not yet come on the market. In these prosperous times, however, radios are being bought in quantity despite their size and price, and already some twelve million American families own them.

by 1930 every fourth factory worker in the city had lost his job.

passengers take an overnight train from New York to Columbus, Ohio; fly by day from Columbus to Waynoke, Oklahoma; take another overnight train to Clovis, New Mexico; and then continue by air to the Coast. In newspaper advertisements you may see Lionel Barrymore as he alights from the “Airway Limited,” which has reduced the journey from New York to

1. The rapid progress of the industrial revolution—which brought with it steam power, and then gasoline and electric power and all manner of scientific and inventive miracles; brought factory production on a bigger and bigger scale; drew the population off the farms into bigger and bigger cities;

time people had reached the point of laughing at Oh, Yeah, a small book in which were collected the glib prophecies made by bankers and statesmen at the onset of the Depression; of relishing the gossipy irreverence of Washington Merry-Go-Round, which deflated the reputations of the dignified statesmen of Washington; of getting belly-laughs from a

Not until November 13 did prices reach their bottom for 1929. The disaster which had taken place may be summed up in a single statistic. In a few short weeks it had blown into thin air thirty billion dollars—a sum almost as great as the entire cost to the United States of its participation in the World War, and nearly twice as great as the entire

There were other diversions aplenty to take people’s minds off the Depression. There was, for instance, the $125,000,000 boom in miniature golf.

The other quotation is from Louise V. Armstrong’s We Too Are the People,

one Bruno Richard Hauptmann. He was arrested in the Bronx, was tried at the beginning of 1935 at the Hunterdon County Court House at Flemington, New Jersey, was convicted, and—after an unsuccessful appeal and a delay brought about by the inexplicable unwillingness of Governor Harold Hoffman of New Jersey to believe in his guilt—was electrocuted on