Start of the 1929 Crash

The U.S. stock market began following the fall of the German and French stock markets during the first few days of September, 1929. Above is a typical story about a small still–the large, continuous stills producing thousands of gallons a day never made it into the papers. The story (link) hints that the agent on vacation was turning a blind eye to liquor production, and that his officious replacement was cracking down with faith-based determination and lusty asset forfeiture, but that the coast will again be clear next Wednesday.

RAIDERS SEIZE MOONSHINE STILL—Mash and Finished Product Found at Pawtucket. A Pawtucket raid in which federal prohibition agents attached to the Providence office, under direction of Chief Raiding Officer Michael A O’Brien, today seized a 100 gallon moonshine still and large quantities of mash and finished product is the 22nd seizure whih the office has effected since John W Morill, administrator in charge of the office, left on his vacation two weeks ago.
As a result of the raids, a report of which is being tabulated by Carl A Nelson, drug store inspector, acting as administrator in the absence of Mr Morrill, 21 Rhode Island men have been taken into custody and arraigned before United States Commissioners on charges of violating the prohibition act.
The number of stills and beer plants uncovered during the raids had not been tabulated by Mr Nelson to-day, but the acting administrator indicated that they would far exceed the number seized by the local office over a similar period a year ago, when, he said to-day, seizures totalled six.
No defendant was found on the raid conducted today, on a two-story dwelling house at the junction of Yale and Notre Dame avenues, Pawtucket, where the agents claim to have seized 47 barrels of moonshine mash and a large quantity of alleged moonshine whiskey.
Four stills uncovered last night by the agents in cellars of two houses on Division Street, Central Falls, were about the filthiest in the experience of agents attached to the local force, it was indicated to-day, the report stating  that quarters where the stills were uncovered were infested with rats and other vermin.
Mr Morrill, who is spending his vacation with members of his family in Maine, is expected to resume his duties in this city next Tuesday. Mr Nelson will leave on his annual leave of two weeks the following day. (Providence, RI Evening Tribune 31 AUG1929  1)

On the same page (link) is a report on the difficulties experienced in collecting war reparations payments from Germany. After Austria and Germany attacked other narcotics-producing nations in 1914 then lost in 1918, every country invaded was counting on German reparations payments provided under the Treaty of Versailles. With that money they then paid a little toward the loans gotten from Uncle Sam while being throttled by the Accursed Hun. Throttler replaced throttlee in the Versailles treaty, yet Germany, now fanatically inspired by christian National Socialism, spent its drug income on political parades and armaments, while demanding everyone else disarm.

Why not delve into what caused the 1929 Crash? Prohibition and The Crash–Cause and Effect in 1929 does exactly that, matching economic theory and newspaper accounts against stock market reactions and competing theories. It is live on Amazon Kindle for the price of a pint.

Prohibition and The Crash, on Amazon Kindle in 2 languages

My other-language blog is amigra.us

World Health Organization killers

Remember this argument? “We can’t stop arresting people for plant leaves; the country would lose its membership in the World Health Organization!” Yet when you visit the WHO website, there is no FAQ, paragraph or line in evidence about how wonderful it is for taxation to send men with guns to shoot and arrest teenagers and minority citizens as an example to would-be plant leaf aficionados. Portugal, Uruguay and Mexico–now joined by Canada, have decriminalized plant leaves. Women just recently achieved individual rights in Ireland! Yet there is little mention of these facts in the looter press or soi disant “World” organizations.

But the disinformation is still there in Animal Farm format: plant leaves baaad! The altruistic reader, however, is now expected to independently conclude: therefore weaponized prohibition goood! The conditioning method more closely resembles what Aldous Huxley wrote while living in Fascist Italy than the methods his student Eric Arthur Blair included in Nineteen Eighty-Four.  To induce politicians to order police to “regrettably” shoot our children, these tax-subsidized bureaucrats publish the following propaganda:

Chronic health effects of cannabis use (propaganda alert!)

  • selective impairment of cognitive functioning which include the organization and integration of complex information involving various mechanisms of attention and memory processes;
  • prolonged use may lead to greater impairment, which may not recover with cessation of use, and which could affect daily life functions;
  • development of a cannabis dependence syndrome characterized by a loss of control over cannabis use is likely in chronic users;
  • cannabis use can exacerbate schizophrenia in affected individuals;
  • epithetial injury of the trachea and major bronchi is caused by long-term cannabis smoking;
  • airway injury, lung inflammation, and impaired pulmonary defence against infection from persistent cannabis consumption over prolonged periods;
  • heavy cannabis consumption is associated with a higher prevalence of symptoms of chronic bronchitis and a higher incidence of acute bronchitis than in the non-smoking cohort;
  • cannabis used during pregnancy is associated with impairment in fetal development leading to a reduction in birth weight;
  • cannabis use during pregnancy may lead to postnatal risk of rare forms of cancer although more research is needed in this area.

The health consequences of cannabis use in developing countries are largely unknown beacuse (their spelling) of limited and non-systematic research, but there is no reason a priori to expect that biological effects on individuals in these populations would be substantially different to what has been observed in developed countries. However, other consequences might be different given the cultural and social differences between countries. (end propaganda alert)

Do the brainwashers apologize for the thousands of persons zealously shot to death? for the tens of thousands of man-years of prison sentences imposed? for the economic collapse brought about when prohibitionist asset-forfeiture raids on banks, brokerages, homes and automobiles cause money to flee into hiding, thereby contracting the money supply into liquidity crises? Not a word about that. The formula is the cowardly smear-by-association exemplified in Atlas Shrugged:

She saw at a glance what they (the State Science Institute) had done. She saw the sentences: “It may be possible that after a period of heavy usage, a sudden fissure may appear, though the length of this period cannot be predicted. . . . The possibility of a molecular reaction, at present unknown, cannot be entirely discounted. . . . Although the tensile strength of the metal is obviously demonstrable, certain questions in regard to its behavior under unusual stress are not to be ruled out.

The same sort of superstitious innuendo serves as pretext for the initiation of deadly force against anything suspected of bringing a smile to someone’s face or being of some utility to the living of their own lives. The World Health Organization–like all products of National or International Socialist coercion–is haunted by the fear that someone, somewhere, might be happy.

hankdotcom

For certified translations from Spanish and Portuguese visit.

 

Economic Collapse, July 1930

Prohibition caused Depression

Chicago Tribune 17NOV1930

The stock market crash of 1929 marked the realization that prohibition laws would soon destroy the US economy and banking system. By mid-1930, financial collapse was so well underway that the old prohibition enforcement districts were redrawn to conform closely to existing Federal Reserve districts. This change took effect on July 1, 1930, the month Cook County Assessor Gene G. Oliver was convicted of tax evasion and sentenced to 18 months in prison and fined $12,500 by Judge Woodward in Chicago.

Here is a breakdown of the districts.

The transfer of the prohibition enforcement activity from the Treasury Department to the Department of Justice under the Williamson Act took place on July 1, 1930, under the Bureau of Industrial Alcohol in the Treasury Department, retained the duty of issuing permits for the manufacture and use of alcohol and other intoxicating liquor for non-beverage purposes, and of supervising the activities of the permitees.  The 27 prohibition districts hitherto existing were rearranged into 12 new districts, with boundaries corresponding in some measure with the 10 judicial circuits.  (Misdirection! The new prohibition districts were a nearly perfect fit to the Federal Reserve Districts–tr)

1. Boston: Maine, N. Hampshire, Vermont, Massachusetts, R. Island, Connecticut
2. New York: New York State and Porto Rico
3. Philadelphia: New Jersey; Pennsylvania, Delaware
4. Richmond: Maryland, Virginia, West Virginia, N. Carolina, South Carolina, DC.
5. New Orleans: Alabama, Georgia, Florida, Louisiana, Mississippi, Texas.
6. Cincinnati: Michigan, Ohio, Kentucky, Tennessee
7. Chicago: Illinois, Indiana, Wisconsin.
8. St. Paul: Minnesota, N. Dakota, S. Dakota, Iowa, Nebraska.
9. Kansas City: Arkansas, Kansas, Missouri, Oklahoma.
10. Denver: Arizona, Colorado, N. Mexico, Utah, Wyoming.
11. San Francisco: California, Nevada, Hawaii.
12. Seattle: Idaho, Montana, Oregon, Washington, Alaska.
Source: NY World Almanac 1931 p 36

That same day, the Bank of Winter Park, Florida, closed its doors. As prohibition asset-forfeiture confiscations continued, many other banks would close. The Liberal Party, formed in 1930, published a plank in 1931 calling for the repeal of blue laws and the Prohibition Amendment. The Democratic Party copied this plank in the summer of 1932–in the middle of a major banking panic–and went on to win the election in November, plus four more.

That is an advance demonstration of the law-changing clout of libertarian party spoiler votes. By the time Franklin D. Roosevelt was sworn in as president in March of 1933, every bank in the nation had already closed its doors. After 1928, no Republican was elected until the Eisenhower-Nixon campaign brought German National Socialism to America.

ProhicrashAmazon

Prohibition and The Crash, on Amazon Kindle

If you are disappointed not to have learned this in school, buy a copy of Prohibition and The Crash in Amazon Kindle format. For the price of a pint, the free app lets you see month-by-month how the economy was crushed–on a cellphone.

simultaneous interpreting

Next time choose a financial and accounting translator who won’t overlook things and cause added disappointment.