October 29, 1929
Stock markets crashed around the world and the Great Depression began. Within a year, unemployment was over 9 percent. Four years later, after massive government spending programs, unemployment reached 30 percent.
This post was contributed by Ross Malone. A historian and a retired school teacher, Ross has authored many books about Missouri’s history, weird facts, and folk tales. He has also written children’s historical fiction. Visit his website, and buy his books in the Missouri Life store.
Related Posts
December 10, 1929
Direct air mail service began between St. Louis and New York.
October 29, 1937
Henry Armstrong—the only man to ever hold three championship titles at the same time—won his first title (Featherweight) on this date. He was a lifelong St. Louis resident.
October 1, 1963
Birthday of slugger, Mark McGuire.