The Wall Street Crash of 1929, also known as the Great Crash and the Stock Market Crash of 1929, began in late October 1929 and was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its fallout. The crash signaled the beginning of the 10-year Great Depression that affected all Western industrialized countries and did not end in the United States until the onset of American mobilization for World War II at the end of 1941.
Anyone who bought stocks in mid-1929 and held onto them saw most of his or her adult life pass by before getting back to even. —Richard M. SalsmanRead more about Wall Street Crash Of 1929: Timeline, Effects and Academic Debate
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“On Wall Street he and a few others—how many?—three hundred, four hundred, five hundred?—had become precisely that ... Masters of the Universe.”
—Tom Wolfe (b. 1931)
“[Religious establishment] is adverse to the diffusion of the light of Christianity ... [because] with an ignoble and unchristian timidity it would [be] circumscribed, with a wall of defence, against the encroachments of error.”
—James Madison (1751–1836)
“Nothing makes a man feel older than to hear a band coming up the street and not to have the impulse to rush downstairs and out on to the sidewalk.”
—Robert Benchley (1889–1945)
“Crash on crash of the sea,
straining to wreck men, sea-boards, continents,
raging against the world, furious.”
—Hilda Doolittle (1886–1961)