Remember 1929 It Can Happen Now and Then
The article recalls the 1929 Black Thursday stock crash and the ensuing Great Depression. It notes the lack of social safety nets then and later reforms under Roosevelt, contrasts with midcentury policy promises, and cites rising unemployment and farm income declines in 1954 while warning that a new crash could occur if leaders assure stability too readily.
MENTIONED IN THIS ARTICLE
Wall Street
Harper’s Magazine
John Galbraith
Harvard University
Galbraith
Hoover
Variety
Show People
Hoovervilles
Salvation Army
Franklin Delano Roosevelt
Roosevelt
Fdr
Harry Truman
Washington
Eisenhower
Yonkers
N.Y
Clayman Seeks Humanization Of Ohio Workers Comp Laws
Jacob Clayman Ohio CIO Council secretary treasurer told the 40th Annual IAIB C Commissions meeting that states must liberalize workmen's compensation or unions will bargain for justice. He cited low benefit ratios, noting 1919 15 dollars weekly against 79 29 average weekly wage in 1953 and 40 percent versus two thirds earlier, urging action by state legislatures.
MENTIONED IN THIS ARTICLE
Quebec
Canada
Jacob Clayman
Ohio Cio Council
Clayman
Ohio Cio
Cobalt Bomb Dedicated In Memory Of Murray
The Philip Murray Radiation Therapy Center at Mercy Hospital in Pittsburgh was dedicated with a $100,000 gift from the USA CIO to honor the late Philip Murray. The cobalt bomb device, inside a lead sphere, will aid cancer treatment, as officials praised Murray’s mission to help the poor and sick.
MENTIONED IN THIS ARTICLE
New Philip Murray
Mercy Hospital
Usa-Cio
CIO
Usa-Cio Pres
David J. McDonald
Phillip Murray
Murray
McDonald
Sisters of Mercy
W. W. G. Maclachlan
Pittsburgh
David L. Lawrence
Sen. Duff
R. Pa
C. R. Pennyman
Msgr
Joseph G. Findlan
John F. Dearden
Vernon F. Gallagher
Duquesne University
Father Gallagher
Archangel Raphael
God
Also Mentioned on This Page
Joe White
Uaw-Cio
Ohio Bureau of Unemployment Compensation
Bureau
Ohio
Ohio State University Bulletin of Business Research
The
International Association of Industrial Accident Boards and Commissions
United Steelworkers
Steel Companies
General Motors
United Automobile Workers
Ford Motor Company
Heart Association
Alms Hotel
Amalgamated Union
Phil Murray
Mercy
Stewart Warner
Stewart-Warner “‘Service
Stewart
Cliff
Thomas Electric
Auto Workers Local 392
Woodburn Ave
Cincinnati, O
Taylor and Wainui
Bellevue, KY
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