The Chronicle -

By Finn J.D. John
Chronicle Contributor 

Oregon's "Miner 29ers" beat the Great Depression with a gold pan

 

August 22, 2019

(Image: Postcard)

Prospectors out looking for gold in the Cascade Mountains, circa 1930.

It was, most historians agree, the nadir of the Great Depression. The entire country had gone from singing "Happy Days are Here Again" to "Brother Can You Spare a Dime" in a few short months at the end of 1929, and in the three years that followed things had only gotten worse.

Now it was March 2, 1933, and the newly elected president, Franklin D. Roosevelt, had proclaimed a "bank holiday." All the banks, throughout the country, were invited to close their doors for a few days, so that everyone could cool off a bit. The fear was that bank runs, like the one in "It's a Wonderful Life," would...



For access to this article please sign in or subscribe.



 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2019