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Sir George Bolton discusses how the 1929 American stock market crash affected international banking and investment and how economy and culture relate to each other.
Terkel comments and presents music written by Joe Hill and sung by Chris Farrell
Author Gordon Thomas discusses his book “The Day the Bubble Burst: A Social History of the Wall Street Crash of 1929” and other stories from the Stock Market Crash of 1929 with Studs Terkel. Both Thomas and Terkel read excerpts from Thomas’ book and an audio clip is played of Sidney Weinberg, a man who experienced the Stock Market Crash firsthand.
Reading from "Selected poems" (published by Atheneum) and "On the Edge" (Stone Wall Press) with the author, poet Philip Levine.
Discussing steelworkers and interviewing Ed Sadlowski of the United Steelworkers of America and Ted Smolarek.
Back in his day, there was no journalism school, explained Russell Baker. He spent time with the police and that's how he often got his stories about the underclass or the superfluous. Baker pointed out when a paper didn't want to print one of his stories, Baker was told the subject matter was in poor taste.
This is the Labor Day Program. The newsboy doesn't mind his job except when dealing with people who are mean to him or when people owe him money. The farmer recalls being so poor he was born in a cotton sack out in the farm fields because his parents couldn't afford a hospital stay. The waitress has been serving people for 24 years. She said she needed money quickly and cash tips came in handy. The truck driver likes his job because he says it's something different everyday and there's a sense of accomplishment with what he does.