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Prices for UK guides in Pounds Sterling , Average House Price 540
What Events Happened in 1932
- Wall Street Crash on October 29th, 1929
- Banks began to fail in October 1930
- The US introduces import tariffs on over 20,000 imported goods to record levels leading to other countries following suit
- Due to bank failures ( no federal deposit insurance existed ) people withdrew money from the banks to keep in currency or gold making the problem worse
- Drought Conditions and over mechanization of farming caused great area's of the midwest to become Dust Bowls
- Economic cost of World War I still a problem stifling investment ( Worldwide )
- 13 million Americans unemployed.
- More than 24.5% of the population are unemployed
- 10s of thousands load up all belongings and live in cars going from place to place looking for work
- Hooverville's or shanty towns appear around the country built by homeless people using wood from crates, cardboard, scraps of metal, or whatever materials were available to them
- 43,000 marchers Inc. 17,000 World War I vets ( Bonus Army ) march to Washington DC on May 29th and set up campgrounds demanding early payments of cash bonuses to help survive the Great Depression.
- Troops under the orders of General Douglas MacArthur advanced with bayonets and sabers drawn under a shower of bricks and rocks, but no shots were fired. In less than four hours, the troops cleared the Bonus Army's campground using tear gas.
- Comptroller of the Currency (or OCC) announces temporary halt by banks of foreclosures
- The Revenue Act of 1932 raised United States tax rates across the board, with the rate on top incomes rising from 25 percent to 63 percent.
- The first federal gasoline tax part of the Revenue Act of 1932 taxes apply of 1 cent per gallon on June 6th .
- The Emergency Relief and Construction Act enacted July 21, 1932 was the United States's first major-relief legislation to fund public works hoping to put millions back to work, enabled under Herbert Hoover and later adopted and expanded by Franklin D. Roosevelt as part of his New Deal.
- Government and Companies implement wage cuts up to 30% for those lucky enough to be in employment
- Government and Companies cut working hours for those in employment hoping to provide more jobs for those who are unemployed.
- Due to Malnutrition and poor health Tuberculosis becomes widespread throughout the US
- The Communist Party of America organizes a “March on Hunger” in Detroit
- Franklin Delano Roosevelt wins a landslide presidential election on November 8th
- The United States forced 10's of thousands of Mexicans out of the country during the recession years
- American loans to help rebuild the German economy end
- Over 20% of the workforce are unemployed and in area's reliant on heavy industry up to 30% are unemployed in 1932 unemployment reaches nearly 3 million
- Millions are forced to use soup kitchens as a way of life.
- Due to lack of benefits many are forced to search old coal slag heaps hoping to find coal to use for heating
- Import tariffs are introduced at a rate of 10% on all imports except those from the countries of the British Empire **
- Public sector wages and unemployment cut by 10%, and income tax was raised from 22.5% to 25%. **
- The largest National Hunger March during the great depression marches to London in September / October and are met by 70,000 Police including mounted police using force to disperse the demonstrators.
- The worst effects of the great depression happen in the north including Yorkshire and Nottinghamshire, Tyneside, Sheffield, Lancashire and Glasgow
- 200,000 unemployed men are sent to the work camps, which continued in operation until 1939
- Due to it's reliance on dependence on exports and import tariffs being imposed around the world it is one of heaviest hit countries
- Unemployment reached a record high of 29%
- Civil unrest occurs in Sidney
- In addition to the Great Depression Canada was also affected by the Dust Bowls caused by sever drought
- Unemployment reached 27%
- Canada like many other countries employed a highly restrictive immigration policy
- Due to the devastation and loss in World War I Germany was one of the worst effected countries due to other countries including the United States ending aid for rebuilding the country
- Unemployment rate reached nearly 30%
- Due to massive rise in unemployment the radical Nazi Party headed by Hitler came to power in January 1933.
- A series of Tornadoes on March 21st killed at least 184 persons in Alabama, Georgia Tennessee, Kentucky and South Carolina.
- Al Capone convicted for Income Tax Evasion
- The Tenth Summer Olympic Games Opens in Los Angeles
- New York Radio City Music Hall Opened
- Sydney Harbor Bridge Openson March 19th Joining the central business district and the North Shore, The bridge took just under 10 years to complete
- Charles Lindbergh son Kidnapped
- Amelia Earhart becomes the first woman to make a solo air crossing of the Atlantic Ocean
- The Winter Olympic Games are held in Lake Placid, New York, United States
- On September 16th Mahatma Gandhi goes on hunger strike in opposition to Britain new Caste Separation Laws
- Massive Famine in USSR with estimates of 5 million deaths caused by starvation
- Tarzan the Ape Man opens, with Olympic gold medal swimmer Johnny Weissmuller in the title role
- Some of the most famous names in Hollywood star in films made this year below is just an example
- Spencer Tracy , Bette Davis , Jean Harlow , Bing Crosby , John Wayne , Marlene Dietrich
- Joan Crawford , Boris Karloff , Clarke Gable , Edward G. Robinson
- Just a couple of hits from that year
- " All Of Me " by Louis Armstrong and His Orchestra
- "Brother, Can You Spare A Dime?" Bing Crosby
Born This YearJacques Chirac November 29th
Little Richard December 5th
Johnny Cash February 26th
Charlie Rich December 14th
John Updike March 18th
Petula Clark November 15th -- Epsom, Surrey, England
Patsy Cline September 8th -- Winchester, Virginia U.S.
Jenny Craig August 7th -- Berwick, Louisiana, U.S.
Ingemar Johansson September 22nd -- Gothenburg, Sweden
Casey Kasem April 27th -- Detroit, Michigan, U.S.
Ted Kennedy February 22nd -- Boston, Massachusetts, U.S.
Sonny Liston May 8th -- Sand Slough, Arkansas, U.S.
Loretta Lynn April 14th -- Butcher Hollow, Kentucky, USA
Donald Rumsfeld July 9th -- Evanston, Illinois, USA
Omar Sharif April 10th -- Alexandria, Egypt
Elizabeth Taylor February 27th -- Hampstead, London, England
Robert Vaughn November 22nd -- New York City, New York, USA
John Williams February 8th -- Queens, New York, USA
- The Parking meter is invented in Oklahoma
- The BBC starts a regular television service, using John Logie Baird's 30-line system
Inventions Invented by Inventors and Country ( or attributed to First Use )
Radio Telescope USA by Karl Jansky
BBC Television England first regular TV broadcasts (London)
Polaroid USA by Edwin Herbert Land
Major World Political LeadersAustralia Prime Minister James Scullin Till 6 January
Australia Prime Minister Joseph Lyons From 6 January
Brazil President Getúlio Vargas Canada Prime Minister Richard Bedford Bennett
Italy Prime Minister Benito Mussolini
Japan Prime Minister Tsuyoshi Inukai Till 16 May
Japan Prime Minister Makoto Saito From 26 May
Mexico President Abelardo L. Rodríguez From 4 September
Mexico President Pascual Ortiz Rubio Till 4 September
Russia / Soviet Union
General Secretary of the Central Committee Joseph Stalin South Africa Prime Minister James Barry Munnik Hertzog United States President Herbert Hoover United Kingdom Prime Minister Ramsay MacDonald
United States Presidential Election 1932 Franklin D. Roosevelt (Democratic) Defeats Herbert Hoover (Republican) and Norman Thomas (Socialist)