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Category Archives: Economic History
Four Gold Pens
The title of my documentary refers to the signing of the Federal Reserve Act by President Woodrow Wilson in 1913. He used four gold pens to sign the document as reported by the New York Times. My documentary consists of real footage and recreated scenes accompanied with great music like the song “Money Makes the World go Round” from the movie Cabaret and “Money” by Pink Floyd. It covers relevant economic history beginning with the Panic of 1907 and ending with the establishment of the FDIC Act in 1933.
The image above shows J. P. Morgan (middle) and his daughter arriving in Washington DC. for the Pujo Hearings. The purpose of the hearings was to investigate the “Money Trust” or the connections between Wall Street bankers who had and still have powerful control over the Nation’s finances. Scenes from the hearings play an important part in my documentary since they show a strong opposition against the financial elite at that time. The hearings took place from May 1912 to January 1913.
Posted in 1900-1916, 1916-1920, 1920-1932, 1932-1940, Economic History, Final Exam Component
Tagged FDIC, Federal Reserve Act, J. P. Morgan, Money Trust, Panic of 1907, Wall Street
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Henry Ford
During the early 1900s, electricity and more advanced machinery made factories nearly twice as efficient. Perhaps the greatest increase in efficiency came when Henry Ford perfected the assembly-line production method, which enabled factories to churn out large quantities of a variety of new technological wonders, such as radios, telephones, refrigerators, washing machines, and cars. The increasing availability of such consumer goods pushed modernization forward, and the U.S. economy began to shift away from heavy industry toward the production of these commodities.
The automobile quickly became the symbol of the new America. Although Americans did not invent the car, they certainly perfected it. Much of the credit for this feat went to Ford and his assembly-line method, which transformed the car from a luxury item into a necessity for modern living. A big turning point in America. Can you imagine today being without a car?
This would be in the middle of my movie with triumphful music palying in the background because this was another step America took towards advancement in the industrial world.
Posted in 1900-1916, Economic History, Social History
Tagged Economy, Henry Ford, Industrialization
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Hoovervilles
This is an image of a Hooverville that I would use in a montage of my film as the character recounts his experience living in one of these shanty towns. They are dubbed Hooverville after President Herbert Hoover who let the country slide into depression. I would like to show my audience that Hoovervilles formed across America and were the last resort for homeless families during the Great Depression. Ordinary people were forced to build new homes for themselves out of whatever material they could find. Most of the residents of Hoovervilles were unemployed and begged for food from charities and other families.
Image taken from u-s-history.com
Posted in 1920-1932, 1932-1940, Economic History, Final Exam Component
Tagged Great depression, Hooverville
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The Great Depression
This is a video that I want to use in my movie. I write about a factory director and his family’s life during the Great Depression and the New Deal. This video portrays the big difference between the roaring twenties and the Great depression. High suicidal rate, starvation and poorness were showed in this video. By adding this video into my movie, I hope people can get a clear sense about what was the real life of a person who lived during the Great Depression.
Posted in 1920-1932, 1932-1940, Economic History, Final Exam Component, Social History
Tagged 1929, stock market crash, the great depression
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Tales of an African American
Oprah Winfrey will act a grandmother’s role in my screenplay. I envision her dress like this throughout my screenplay to demonstrate the type of clothing African American wore during the early 1900’s. The cane field in the background will be a set-design in the beginning of my screenplay. The screenplay will focus on turning points for African Americans between 1865 and 1945. Events such as Voting Rights, Segregation, & Halem Renaissance will be portrayed.
Posted in Cultural History, Economic History, Social History
Tagged 1865-1945, African America, Voting Rights, Women
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Santa Fe railway in 1885
Sanra Fe railway was completed in 1885. As this map shown, it connected most states on the continent. what I want to express is that, the railroad constuction opened a national market for businesses during the Second Industrial Revolution. In other words, it formed the foundation of our mature economy.
The Wall Street Crash of 1929 and Jesse Livermore
My screenplay will focus on the Wall Street crash of 1929 and Jesse Lauriston Livermore (July 26, 1877 – November 28,1940), a stock trader. The image will be used to show the audience the comparison of panic on the Wall Street and a person who made more than 100 million dollars at the Wall Street crash.
Posted in 1920-1932, Economic History
Tagged Financial Crisis, stock market, Wall Street
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Building Panama Canal in 1906
This image was captured in 1906. It shows the workers were building the Panama Canal which was launched by the United States in the second effort. It is an important picture because over 5000 deaths occurred in order to open the canal; and, the Panama Canal, which joins the Atlantic Ocean and the Pacific Ocean, became a main conduit for the international trade of the United States at that time period.
Posted in 1900-1916, Economic History, June 29 assignment
Tagged 1906, international trade, panama canal
3 Comments
Child Labor
This is a picture taken by Lewis W. Hine in Tampa, Florida during the early nineteenth century. Hine, an investigator of National Child Labor Committee exposed pictures of many youngsters who were being exploited as a source of cheap labor. The picture reveals young workers who were all under the age of 14 at the cigar making company. These pictures left a great rermark for the Americans and revealed how rapid industrialization and a lack of regulation left these kids in such a state.
Posted in 1900-1916, Economic History, June 29 assignment, Social History
Tagged Child Labor, Exploitation, Industrialization, Lewis W. Hine
6 Comments
The First Nobel Prizes Awarded – 1901
Alfred Nobel created dynamite. Since he didn’t want to be remebered as a creator of such a deadly device, Nobel created a will that left a bulk of his fortune to the establishment of five prizes; physics, chemistry, medicine or physiology, peace and literature. On December 10, 1901, five years after Alfred Nobel’s death, the first five Nobel Prizes were awarded. Since it’s only awarded to people who had done a great deed, we can easily see and recorgnize who has done what. Also awards usually boost people to achieve a better result.
Posted in 1900-1916, Economic History, June 28 assignment, Social History
Tagged 1901, award, Nobel, Prize
1 Comment
