M - 42a/The Depression Years SEGMENT A Fade up on A Montage of shots of 1930s :00 Dis. to B :07 :08 D SOUND FULL: Music C SOUND FULL: Miller/D SOUND UNDER SAM MILLER: Almost half the population today inthe U.S. was not alive during the depression, or if so were at such an age that they couldn't remember it, therefore it is typeical of Dis. to A :20 that type of individual to say that/we must be in a depres sion at the present time, well that's not the case. The difficulty is almost half the population today, has heard of the depression, has read of the depression, but never tasted a depression. :33 Dis. to B C SOUND OUT/D CONT'S. UNDER :37 :38 C SOUND FULL: Geo. Condon/D CONT'S. UNDER CONDON: It was not the time you'd want to return to except in your mind, because the negative side certainly met great poverty and privatiot;l with suffering •......... for huma nity. And it was a crippling thing for the nation. But perhaps it was a crucible that made the nation stronger M - 428/Sego A Page 2. in the long run I don't lmow • Dis. to A Bread lines 1:00 C SOUND OUT/D SOUND UNDER (Cont's.) 1:03 C SOUND CONT'S. FULL: Osbourne/D CONT'S. UIDER OSBOURNE: The Decade of the 30's--the decade that flattened hope and crushed the American dream •••. A time that stands as the great American trauma. The Great Depression of the 1930's fa s had a most profound impact on Ameri can thought. It lasted, in effect, for eleven long years ending only wi th the mobilization for World War Two. Perhaps its shock value was meant to serve as a shrine to future generations--a warning. As economist John Kenneth Galbraith once wrote: "A Good knowledge of what happened in 1929 remains our best safeguard against the recurrence of the more unhappy events of those days. " 1:41 X-FADE FROM D SOUND TO B UNDER Today, as unemployment heads toward some unlmown double digit figure; production and sales alike continue on a steady decline; and as the consumer tightens his purse strings the nagging thoughts of many Americans are, either consciously or subconsciously, returning to the Clo.,.,.HiI O'hORt_Hkp. ;maQ'@s of the Great Denression. The Page 3. M - 428/Seg.A question haunting so many people today is --What ire the odds it will happen again? The answer can be found, in Vertical Wipe to A (left to right) Depression lines 2 :13 X-FADE FROM B TO D SOUND UNDER part, by examining those economically depressed days of the 1930s •••. What caused the worst depressicn in world history? ••• and, as a nation, who somehow muddled thIWgh it, what DR de us hugh and what made us cry? _M_a_tte_:_M_o_n_ta.. g"-e_____ . 2_:_25_ _ _M_o_n_ta-""-ge/ will look back on those turbulent days and invesMatte: title 2 :31 tigate the possibilities of a recurrence off 'the depres sion years. ' Fade to Black 2:33 C SOUND OUT/D SOUND FULL: Music 2:38 FADE OUT D SOUND END SEGMENT A Page 4. M - 428Jt'he Depression Years SEGMENT B Fade in A Stills of depression :00 D SOUND FULL: Music :05 C SOUND FULL: Osbour ne /D SOUND UNDER OSBOURNE: The depresion today is remembered as a time of bitter sweet existence. For those who recalled the 30s, their stories are comprised mostly of thebitter and very little of the sweet. For many, the Great Depression of the 1930s was a lost decade, something that you put out of your mind forever, and hoped that it didn't come back to haunt you. :26 :31 D SOUND OUT/C CONT'S. FULL: Music ,C SOUND UNDER: Music/D SOUND FULL: Osbourne Informed sources say that he depression was moot likely cut to 1920s footage rooted in the wUd speculative years of the 1920s, but no one knows for sure. A 'speculative modd' had pervaded the 20s with the philosophy that all people had the right to become rich, very quickly, with a minimum of physi cal effort--and, one speculated by investing in the stock market. Page 5. M - 428/Seg. B :51 D SOUND OUT :53 C SOUND OUT: With Heavy Re -verb :54 FADE IN C SOUND: WlReverb-Tickertape :56 D SOUND FULL: Osbourne/C SOUND UNDER But, on Thursday, Oct. 24, 1929 the bottom fell out of an overexte.nded Wallstreet. DiS. to B st6cks as wallpaper our/c 1:03 D SOUND FULL: Tickertape (WIreberb) 1:09 X-FADE FROM C FULL TOD SOUND FULL: Music 1:15 D UNDER IC SOUND FULL: Osbourne The real value of stocks reflected nothing more than hunches and guesses. For some who handn't lost every thing, most of all their sense of hum ore , the worthless stock issues could find other uses like wallpapering your house, if indeed, you still had one. Dis. to A still pix/run on the banks 1:33 C SOUND OUT 1:35 X-FADE FROM D TO C SOUND UNDER: Music M- 428/Seg. B Page 6. 1:38 D SOUND FULL: Bums/C SOUND CONT'S. UNDER BURNS: I was about 4 years married and uh, depression came along. I paid $3,000 on a 2 family house, and then I couldn't meet the payments anymore. ThEf said well uh, "we're sorry, we sold your mortgage to somebody else. " This was terrible thing, man worked h ard and saved a few dollars to buy a home for himself am then he was in thi. s kind of a s itua tion. Cut to: W .S. -overhead W. S. -line in street M.S. -cops ushering men thru door 2:03 EFFECTS D SOUND OUT/FADE C SOUND OUT/ADD CROWD . (Horse -clopping, trolley) FULL 2:05 D SOUND FULL: Osboume.EF,FECTS UNDER OSBOURNE: Now that "paper" fortunes had turned to dust, the Ameri can people still were not willing to believe what had hap p ened. Disbelief turned into panic, and in panic, mobs besieged the banks demanding their life savings •..... 2:19 D CCJlJT'S. FULL: Selkowitz/LOSE '·EFFECTS SELKOWITZ: Matte: L-l/3: Selkowitz 2 :21 My wife said that a lot of people were drawing in their money out of the bank. Society for Savings had a branch out there and I said aw that'll never go broke. its a big Page 7. bank, they got plenty of money, so we didn't do anything that day, so when I arne home the next day, she told me they were still, people were drawin' their money out, she said, there's trouble, so we went to the bank, we drew our money out about 2 days later, the president closed all the banks and we were pretty fortunate that way, I guess we's just lucky. D SOOND OUT/C SOUND UNDER: Music Cut to : apple sellers 3:01 D SOUND FULL: Osboume/C CaNT'S. UNDER OSBOURNE: The depression rapidly began to snowball. With savings lost, people immediately began cutting purchases. All cut to: empty, idle factories production in the country began to decline, and some came to a grinding halt. As rrassive deflation picked up steam, the inevitable happened: men began to lose thei r jobs - layoffs were swift and heavy. Fast Dis. to B 1930-Auto poster 3:23 D SOUND OUT/C CaNT'S. UNDER 3:24 D SOUND FULL: Condon/C CaNT'S. UNDER CONDON: It was a most distreSSing time of course for the bread winners, the conscientious ones who had a family and Page 8. M - 428/Seg. B suddenly found themselves deprived of an ireome. Dis to A Condon on Cam. 3:38 FADE C SOUND our It was a time that did bring humanity closer together in Matte: L-I/3, Condon 3:40 many ways. And it did something else I think it height ened this need for survival. Horizontal Wipe to B from bottom to top 3:50 C SOUND IN UNDER: Music Uh heightened the senses. The adversity of the times did make the adrenalin flow. Those who could not endure the deprivations, the rejections, the breadlines, the job lines, uh were in very bad shape psychologically, and physically and every other way. 4:08 D SOUND OUT/C FULL: Music 4:14 D SOUND FULL: Osbourne/C SOUND UNDER OSBOURNE: Amidst this all, there were stUI cries from American business men, industrialists, and the Hoover Administra tion that "prosperity was just around the corner". But to the 13 mUlion people out of work, a staggering 25% of the entire work force, empty phrases did little to put bread on the table. Men out of work, hungry, with spirits Page 9. M - 428/Seg. B broken, stood in line for free nourshment. 4:40 CHANGE IN D SOUND FULL: "Brother Can You Spare A Dime" Brother can you spare a dime. They used to tell me I was building a dream, and so I followed the mob, when the re was earth to plow or guns to bear, I was alway s there right on the job. They used to tell me I was build ing a dream, with peace and glory ahead. Why should I be standing in line, just waiting for bread? MUSIC REFRAIN: Once I buUt a railroad, made it rWl, made it race against time, once I bunt a rairoad, now its done, brother at n you spare a dime. 5 :38 5 :39 C SOUND UNDER: Music D SOUND FULL: Osbourne /C C ONT'S. UNDER OSBOURNE: Men at- employment agencies 1 A man, reduced now to another hungry statistic, would realize all too soon the pain and frustration of regaining employment. In desperation he turned to the employment agencies--wUling to lose a weEk, or a months pay for a job that might rebuild his deflated ego. Butas many soon found out, the longlines of hopeless men at the employ Page 10. M - 428/Seg.B ment agencies came upon collective, wholesale rejections. Dis. to B Ladies at employment bureau 6:07 C SOUND CHANGES, UNDER (Mat Need Fade Out-Fade In) C ONTfS. FULL ELDERLY LADY: Iuh,got 'So discouraged and so frustrated that I became' depressed myself during the depression and couldn't snap . out of it because I couldn't do what I wanted to do. I wasn't doing the things that I cruld do, that I wasn't able to do. Dis. to A Factory Worke rs 6:24 C CONT'S. UNDER: Music 6:25 D SOUND CONT'S.: Osbourne/C CONT'S UNDER OSBOURNE: By 1932 wages and prices sank to an aU time low .. The national income had declined by 50%. For those who were stUl employed, most sweatshop, factory work only brought home between 75 cents to $2.00 a week. 6:41 D SOUND CONT'S FULL: Condon . CONDON: If money was hard to come by goods were cheap so a little bit of money went a long way. We would spend 5¢ Page 11. M - 428/Seg.B Dis. to B Condon on Cam. 6:47 FADE C SOUND OUT ON: ''Went A Long Way" for a bag of potato chips and you could have a feast - three or four of you could dip into that bag of potato chips for that cost you a nickel. You bought broken cookies at the cookie factory, pop was ridiculously cheap and you found ways to make a little bit of money. In those days you could get a job perhaps delivering groceries for the cor ner grocery store. ~FFECTS Cut to: Vets descending on Cleve. Freight train yard (mob scene) 7:23 7:27 FULL: Add locomotive Whistle & Gen'!. Crowd Noise EFFECTS C SOUND FULL: Osbourne/CROWD UNDER: W/idle Steam Engine in B. G . OSBOURNE: From every comer of the country, jobless World War One Veterans, calling themselves Bonus Marchers, boarded any type of transportation they could find that was bound for Washington. Here in Cleveland the Vets overtook freight trains to begin their long trip to protest what they felt was rightfully theirs--a bonus worth about $500. In Vertical Wipe to A (left to right) Vets March down Pa. Ave. 7:48 EFFECTS CHANGE UNDER: Add Men Marching in Streets Washington the men, in tattered clothes, marched down Pennsylvania Avenue to take their dellR nds to Congress, and they set lp camp on the Anacostia Flats. Their argu Page 12. M - 428/Seg. B ment was that the m;oney was needed now ,not upon maturity in 1945. In the end, their demands were met only with tear gas and bayonets. Cut to: Bonus March 8:09 EFFECTS C SOUND OUT/LOSE . /D SOUND FULL: Music "Brothere Can You Spare A Dime LYRICS: Once I buUt a tower to the sun bricks and rivets and lime, once I built a tower, now its done, brother can you spare a dime. Once in cacky suits gee we looked swell, full of that Yankee Dood'le Dance, half a million boots, went slogging thru hell, and I was the kid with the drum. Say don't you remember they call me AI, it was al all the tim say do't you remember I'm your pal, buddy can you spare a dime." 8:59 D SOUND UNDER/C SOUND FULL: Lady ELDERLY LADY: I I do want you all to know something about Hoover puttin' these chickens in the pot. You mow he, he ••. he was gonna put 2 chickens in every pot, but I think what hap pened to the chickens, they went in his pot, because we didn't see any of it, or get any of it, that was the worse depression during the time that he was preSident, and the time that uh, PreSident Roosevelt took over and came in there and kept us from starving. Page 13. M - 428!Seg. B 9:23 D SOUND OUT/C CONT'S FULL: FDR (Needs Boost) FDR: (Inaugural) This is ••. pre-eminently the time to speak the truth, the whole truth frankly and boldly. This great nation will endure, as it las endured, will revive and will prospe r. 9:39 C SOUND UNDER: Music/D SOUND FULL: Osbrurne OSBOURNE: In March, 1933 when Franklin Delano Roosevelt Shots of FDR was inaugurated Presidnet, unemployment had reached its peak, about 15 million. To the common man, working or unemployed, FDR, that cold year of the depression, was .the MeSSiah. 9:55 D SOUND OUT/C SOUND FULL: WPA fUm WPA FILM NARRATION: As Uncle Sam ••• ventured to the challenge of the depressiOl the names of Boulder, Grand Coulee, Woodpeck and Bonneville stand without equal in the annals of engineering, achievements of all time. Together they will reclaim areas of land greater than the territory of whole nations, they're combined electric power output will rival the great· est fortunes known to man, they're benefits will be the inheritance of future gneerations. They stand as enduring Page 14. M - 428/Seg.B monuments, to the valiant battle of a great people against the combined forces of a world wide depression. 10:30 D SOUND FULL: Osboume/C SOUND UNDER OSBOURNE: The construction of great projects like the Botler or Grand Coulee dams were undertaken by FDR's New Deal through the public works programs. Under the WPA, the PWA, and the CCC to name only a few, men were put ;";'F;:;a=-st.--:D:-;is=.:-r-to~B_ _ _ _ _I_O_:4_4_ _ _b_a_ck_t_0_w_0_r_k_a-"gai_n",-,. ___ / In Cleveland, the parks system, WPA-PWA in Cleveland-stills the memorial shoreway, and playgrounds by the dozens were improved or constructed from scratch by the so called "alphabet soup" agencies. (Watch Change In Music; Dis. to A WPA -Stills 10:54 D CaNT'S. FULL: Condon/C CaNT'S. UNDER: Music CONDON: The WPA came to be a, the standing joke with the radio comedians. The whole point of the joke being that there were thousands or millions of men leaning on shovels everywhere you looked. Well, cause those comedians never used a shovel---or they would know that if you dig --especially if you're not used to digging or wheeling a pick you got to stop once in awhile and take a long rest because its uh arduous. There are a lot of buildings a:tanc as monuments to those agencies which put people to work, Page 15. M - 428/Seg. B And work was a precious thing. It was a precious psy chologica11y, as it was economically. 11:42 X-FADE FROM C SOUND: To added Effects-UNDER: Angry Crowds & Derr. 11:44 D SOUND FULL: Osbourne/CROWD EFFECTS UNDER WI' -Protest in streets OSBOURNE: In 1936 the WPA, like many of the New Deals relief agen cies began experiencing trouble--the government began massive WPA layoffs. The worker immediately took to the streets in protest. 11:56 D SOUND OUT/EFFECTS FULL 12:02 D SOUND FULL: Osbourne/EFFECTS UNDER OSBOURNE: WPA workers were not the ooly ones to express discon tent. For more than 10 years labor unions had lost their voice and were in steady decline. By themid 30s labor Cut to: union strikes was coming into it's own, and the people were beginning to feel their strength. Strikes against powerful manage ment empires spontaneously unfolded one-by-one------ In the mid-west dairy workers protested by spilling milk into the streets. Taxi drivers went on strike in New Yor~ and in Cleveland protesting low wages. Automotive wor Page 16. M - 428/Seg. B kers stopped production by a sit-down strike at Chevrolet 12 ~.f) ADD VIOLENT CROWD NOISE While others hoping for peaceful demonstrations, ran into Cut to: Crowd Throwing Briks, etc. violence .•••....... 12:42 D SOUND OUTLEFFEQ.r=S-=F:-:U=L=L=--_ _ _ _ _ __ Fade B to Black 12:52 FADE OUT ALL SOUND Fade in BRoIl 1930s comic books etc. 12:54 D SOUND FULL: Music 13 :10 C SOUND FULL: Condon/D SOUND UNDER f CONDON: Adversity has its own uses and - well its the saying Itsweet a:rethe uses of adversity" and they are, because =D,..:..is-:-:.:..-..::to""""A-:-::-~,.......-:~_---13-:-18---0-n-t-h-e.,J"p~0-s,.;..it"""'"'iv,;,...e_sl~'de/ of the depressIon we enjoyed life Babe Ruth hits In me run Dis. to B we enjoyed it tremendously as kids and I think a lot of 13 :30; adults - it has to be by nature a Simpler time. 1 You have People on beaches tobrego luxuries which when you have lost them tend to Dis. to A 13:41 not be as valuable as you thought they were .1 Cleveland got its biggest psychological boost in the middle of the depressiDn when the Gl8lt Lakes Exposition was staged on the lakefront. While it dIdn't fake the city out of the depression, it helped the city to forget the depression. It Page 17. M - 428/Seg. B was a rollicking affa ir, really beautfu1. 14:00 Dis. to B C SOUND OUT/D SOUND FULL: Music 14:05 14 :06 C SOUND FULL: Condon/D SOJ ND UNDER For two years Cleveland laughed and danced and had a good time downtownduring the worst depression in history. Fad~ to Black 14 :15 C SOUND OUT /D SOUND FULL: Music 14:48 C SOUND OUT: Add Re-verb to Last Note Fade in Bumpe r 14 :49 Fade to Black 14:52 END SEGMENT B Page 18. M- 428/The Depression Years Fade in A 1930s (full-screen) :00 D SOUND FULL: Ford/ADD RE-VERB PRES. FORD: "We are in trouble. But we are not on the brink of Start very slow vertical _W-...::ixp..:..e_t_o_B--!(_rig..,!::·:.: h:. ;. t..:..to.::.-.:.le_f_t~)_ _:_07_ ___a_n_o_th_e_r_G_r_ea~t_De_..£.p_re~s-s-i-on.-:;. / Our political and econom ic system today is many times stronger than it was in the Hold -split screen 1930s. We have income safeguards and unemployment cushions built into our economy. I have taken, and will continue to take whatever steps are needed to prevent massive dislocations and personal hardships, and, in particular, the tragedy of rising unemployment. " :42 D SOUND OUT /e SOUND FULL: Osbourne /B SOUND UNDER OSBOURNE: 'Depression', of course, is all a matter of definition. Today, what is in fact depression to the poor am middle irebme groups, is mild recession to the affluent. How ever, its probably safe to say that depression or reces sion will never be what it was in the 1930s. Dis. to A Fed. Reserve money counting :58 1:05 C SOUND OUT/X-FADE FROM B UNDER TO A FULL e SOUND FULL: Osbourne / A SOUND UNDER We have been, and will always remain on an everchang ing business cycle. By classic definition, the cycle is Page 19. M - 428/Seg. C made up of 'Boom' periods or inflations, which is always followed by periods of recession or depression. Stated quite simploy, the 'boom', or inflationary period, is the increase in the quantity of money in the economy where excesses b\lUd up in wages and prices; cCllversely, 'recession' or 'depression' is the fall in the money supply where liquidation of wasteful misinvestment of the 'boom' occurs. The stability of that system rests with the safeguards that are built into it. One such safeguard is our federal reserve system who tightens or loosens that money supply depending upon prevailing economic conditions. By definition of economics, the whole system appears very sound---but is it really sound enough to prevent a return of 'the depression years?' 1:58 C CaNT'S. FULL: Rothwell/A CaNT'S. UNDER RGrHWELL: The economy, the political institutions that we have today, are a lot different than those of the 1930s. 'Know Dis. to B 2:09 there's the economists call automatic stabilizers, / we 2 :09 FADE A SOUND OUT have unemployment insurance, we didn't lave that in the - - •• or , I" I'J .11 1 Q~nQ lTnpmnlovment insurance maintains purchasing Page 20. M - 428/Seg. C power. Uh we have bank deposit insurance, in the 1930s we didn't have anything like this if a bank failed uh, a little guy could lose all of his money today an agency of the federal government uh, insures deposits up to Dis. to A Fed. Reserve money handling 2:33 A SOUND IN UNDER $40,000. We have the tax structure that the tax rate goes down as incomes decline, so if our incomes do fall, at least we pay less to the federal government. Now when you think about it, Congress thru its instrumentality of the Federal Reserve System has the power to create money, it also has the power to uh, put people to work, so if we did begin sUding into a very very deep recession government would be the employer of last erscrt, when you can print money, and employ peop,e, you can pre vent a debacle like the 1930s. MC CARTHY: The plain truth of the matter is we don't know that much Dis. to B 3:21 FADE OUT A SOUND about the structure of the U.S. economy or the world Matte: LrI/3, McCarthy 3:23 economy to be able to make very confident uh, state ments about the effect, particularly the long run effect, the policies that we undertake in any" given point in time. Page 21. M - 428/Seg. C 1 The more the economy is subjected to shocks that cannot be anticipated, the more vulnerable it is to uh, to depres sion. In fact our economic policy controls uh, are going to have somewhat less reliability in the future as, as our Dis. to A Idle auto prod. lines 3:57 A SOUND UNDER vulnerability to 00, 00 to developments in the rest of the world increases uh, we're gonna find that uh our econo mic policy measures uh, may not have quite the effect iveness that we anita pated. Dis. to B Condon on Cam. 4 :11 A SOUND OUT: After: "I thinkt that uh, .... ") CONDON: I think that it would be a challenge to nature to say that there will be no depression in the future. I think that it is the natural scheme of things that we go in cycles, that· the pendulum swing back. We have been in an upswing for many and many years. It would be illogical to sup pose that nature doesn't require an adjustment from time to time and that there would not be a natural law which would provide a natural reaction to eve ry action. Well, we have been going in one direction for a long time and I think that we have to go in another direction and it may be that such adjustments are not only essen tial but intrinSically helpful as distasteful as an economic Page 22. M - 428/Seb. C dip is to most experts in economic matters and politi cians especially. 5:23 START SLOW FADE IN ON D SOUND: Music I think it probably something that will not be able to Start Matte Credits 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 5 :27 C SOUND OUTjD SOUND FULL: Music, Helen O'Cowell: "Are You Having Any Fun?" Title Narrator: Osbourne Writer-Prod.: H. Schwartz A. Prod.: Mrzena/Siegler Cine. /Ed.: Goulden/Mrzena T .D. /Audio Montage Ackn. Co-op #1 Co-op #2 MRA/Pub. Af. Fade to Black 6:38 ADD RE-VERB, LAST NOI'E ON D SOUND & RING OFF END SEGMENT C END SHON
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