Oct 24 Notes - The second Ku Klux Klan Interested revived...

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The “second” Ku Klux Klan Interested revived in 1915 Millions of Members by 1924 Not Just Southern Phenomenon Not just Anti-black Anglo-Saxon Protestant Nationalism (victorian to more modern world) The Election of 1928 Herbert Hoover vs. Al Smith Hoover: Sec of Commerce, Quaker, “Dry” Smith: Urban, Ethnic Governor of NY, Roman Catholic, “Wet” The Great Depression From the crash to the New Deal: Keyword: Bonus March Financial Collapse of economic calamity - Just like the financial collapse in 2007,8, depression don’t unfold like that. It’s like a tumbling giant. 1928-9 Stock Market Boom (enormous bubble start to form: big firms investing in stocks. October 24 and 29, 1929 Collapse Investment houses and large banks (folding under the collapse) Unfolding event I nthe economy Business Responds: Cut wages, closes plants, layoffs Wide scale unemployment (in depression, unemployment rate was 25-30% compared to
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Oct 24 Notes - The second Ku Klux Klan Interested revived...

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