|80th Anniversary of the 1929 Stock Market Crash
To Record Oral Histories
24, 2009 - New York City
“We lost our
house. Had to move in with our grandparents,” repeated retired physicist Tom
Howe when asked about his recollection of the 1929 Stock Market Crash and the
ensuing Great Depression. One month ago, a ten year old boy from Sacramento,
California (whose family wishes to remain anonymous), repeated the same words.
unemployment rates, unprecedented government bail-outs and this year's deep
recession make the 80th anniversary of the 1929 Stock Market Crash
all the more poignant. Many now can relate to the first hand experiences of
those who lived during that tumultuous time.
activist and author Margaret Chai Maloney, is launching a site www.1929anupperclassaffair.com asking readers to share their own or
their families’ stories, experiences, and photos relating to this time period.
The website also contains pertinent information like a dictionary of popular
era words, a bibliography of related works, videos, period music and photos. Chai
Maloney's recently released novel, 1929 AN UPPERCLASS AFFAIR, poignantly
recreates the last decadent days of the roaring twenties, stock market crash
Maloney, the oral histories from this period provide a fascinating understanding
not only of the time period, but also provide coping mechanisms that worked for
those who had difficulties. In working on her novel, Chai Maloney encountered
so many accounts from the Great Crash period that echoed those of today that
she felt it was important for the resonating voices to be shared.
surprisingly she also heard encouraging stories. "Just as there are people
today, such as a number of hedge fund operators and bankruptcy lawyers who have
flourished financially during these economically challenging times, I
interviewed people whose families flourished during the Crash of 1929 and Great
Depression. Candy manufacturers and some factory owners particularly fared
well," explained Chai Maloney.
during an interview, Beverly Howe, whose father manufactured gloves, responded,
“What depression? What crash? As a child, my father regularly brought me silk
dresses from Paris and fur coats. Growing up in New York, during this period, I
did not see any poverty until my mother, sister, and I went through India on a
round-the-world trip in 1934."
age of those who lived during the Stock Market Crash of 1929 and the Great
Depression, there is a real urgency to gather these stories and recollections
before it is too late,” asserts Chai Maloney, who studied history at Mount
Holyoke College and Oxford University.
To share your
account or family stories on this period, mail
your story to:
Maloney • P.O. Box 71 • Palo Alto, CA
or contact: Justine Tang – 917-658-2604