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Sales of cigarettes, oil,
gas, and movie tickets all went up. This followed the realization that if
Americans could not find work, they could at least go for a drive, have a
cigarette, or go to a movie. Will Rogers, a humorist, remarked, " We're
the first nation in the history of the world to go to the poorhouse in an
automobile...
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As the number of unemployed grew, people who
ran out of money were soon evicted by landlords who were used to
getting the rent on time. Banks were forced to foreclose on unpaid loans.
Major industries were forced to close down, lacking orders for their
products. In April, 1931, Henry Ford fired 75,000 workers without
unemployment compensation...
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