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 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. That is s 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.

If you are disappointed not to have learned this in school, join the crowd. But be sure to choose a financial and accounting translator who won’t overlook things and cause added disappointment.

Dry Presidents

When Hoover was still president

Economic Results of Republican Prohibition Policies

Republican presidents Rutherford Hayes (1877-81), Benjamin Harrison (1889-93) and Herbert Hoover had three things in common: none drank alcohol, all were intensely and mystically religious, all presided major depressions–much like the one that began in 2007. Donald Trump never drinks or gets high either, but endorses all of the faith-based GOP policies that lead to economic collapse, market crashes, bankruptcies, recession and unemployment.

Rutherford Hayes, husband of Lemonade Lucy elected in a recession, returned control of the South to the prohibitionist Ku-Klux Klan, then signed a treaty drastically curtailing Chinese immigration. His wife banned all alcoholic beverages from ALL government functions.

Benjamin Harrison was, like George Bush Jr., the dynastic son of a US president. After defeating sitting president Grover Cleveland, Harrison signed the inflationary Silver Purchase Act that used the US mints to subsidize Western mining corporations. Harrison also signed the Antitrust Act, and abetted a coup to topple the Hawaiian government. The accelerating economic panic strengthened the looter People’s Party (pushing for a Communist Manifesto income tax) which received nearly 9% of the vote and 4 seats in the House. A high tariff on legal opium had created a smuggling industry by rail down from godless Canada. That avenue Harrison pinched off a month before the March 4 inauguration following Grover Cleveland’s  second election victory. This sudden regulatory change exacerbated the financial tumult of the times, and the People’s party pushed through an income tax neither entrenched party wanted. This deepened the depression until the Supreme Court, in desperation, struck down the parasitical monster.  Voters then struck down the parasitical William Jennings Bryan, who also despised beer and stumped for tee-totalitarianism.

Herbert Hoover’s Chinese interpreter had to surreptitiously drink all the liquor their hosts offered the mining engineer. This was back when the martial artist Boxer Rebellion sought to evict the foreign devils and their heroin from the Celestial Empire. Hoover promised in his inaugural speech was a “consecration under God…through the guidance of Almighty Providence”. “We are steadily building a new race,” promised the new president, nine years after Adolf Hitler endorsed “a Positive Christianity” and five years after Mein Kampf declared that positive Christianity the embodiment of ethical altruism. Hoover decried “disregard and disobedience of law” just 24 hours after mandatory minimum mystics in Congress made a 12-pack of light beer a federal felony with a five-year prison term and a fine equivalent to $110,000 in 1996 dollars. Asset forfeiture, instituted in 1932 and enforced by Hoover’s Executive Order using income tax inspection as a prohibition enforcement mechanism, completely shut down the entire national banking system BEFORE Franklin Roosevelt’s inauguration. Hoover’s election was the last Republican victory for 24 years, during which time God’s Own Prohibitionists struggled to erase all records linking their policies to the financial ruin of the nation while Christian National Socialists were speedily tried and hanged in Nuremberg. In fact, the first use of simultaneous interpreters was precisely to speed up the trials and execution of Nazi war criminals.

Jimmy Carter banned most alcoholic beverages from the White House and kept all recreational drugs illegal. Good luck getting the Dems to nominate another faith-addled mystic. Which brings us to the current Republican nominee, the one, the Dilbert cartoonist assures us, “reportedly never had a drink, an illegal drug, or a cigarette.” George Waffen Bush invited faith-based organizations to wax fat and fanatical on federal funding through the White House Office of Faith-Based and Community Initiatives. These transfer payments from taxpayers to unproductive hands were preserved and expanded to include Mohammedan faith-based organizations by Democratic President Barak Obama. Obama also firmly enforces the criminalization of victimless enjoyment of cannabis, including asset-forfeiture confiscation of homes, property and bank accounts. Obama’s likely successor (favored by bookies at 3 to 1 odds to win in the Electoral College) Mrs. Clinton also promises to bleed tax dollars for asset forfeiture and toward the coffers of collectivised lobbyists who want men with guns sent out to arrest doctors or kill young people over vegetable matter and pregnancy prophylaxis pills. That is the situation today in a prohibitionist global depression that began in 2007.

Please consider making a donation to a Libertarian Party Candidate near you. Every libertarian spoiler vote is worth 6 to 36 votes wasted on tax-and-spend looter prohibitionists.