Born Yesterday: Dramaturgy Guide
Prepared by Madison Delk
Foreign Affairs and The Law
Harry S. Truman and the rise of "The Red Scare"
Salvage Laws
Salvage Laws
Salvage Laws
Salvage Laws
Salvage zoning and regulating: “Connecticut passed a landmark “Junk-Yard Bill” in 1929, for example, which was long before automobile restoration had developed into a hobby large enough to be noticed by the powers that be. Accordingly, the 1929 law assumed that any junk vehicles on any property must be there for the purposes of dismantling for profit and were regulated as such.
Salvage zoning and regulating: “Connecticut passed a landmark “Junk-Yard Bill” in 1929, for example, which was long before automobile restoration had developed into a hobby large enough to be noticed by the powers that be. Accordingly, the 1929 law assumed that any junk vehicles on any property must be there for the purposes of dismantling for profit and were regulated as such.
Reconstruction Finance Corporation
(ending in 1957) was established during the Hoover administration in 1932 with the primary objective of providing liquidity to, and restoring confidence in the banking system.
The goal of the RFC purchases was to increase the market price of gold. As the dollar price of gold increased, the dollar exchange rate would fall relative to currencies that had a fixed gold price. A fall in the value of the dollar makes exports cheaper and imports more expensive. In an economy with high levels of unemployment, a decline in imports, and increase in exports would increase domestic employment.
RFC Wartime Subsidiaries
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Metals Reserve Company
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Rubber Reserve Company
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Defense Plant Corporation
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Defense Supplies Corporation
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War Damage Corporation
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U.S. Commercial Company
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Rubber Development Corporation
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Petroleum Reserve Corporation (later War Assets Corporation)
https://eh.net/encyclopedia/reconstruction-finance-corporation/
Average Working Age in the 1920s
About 1 million children age 10 to 15 were working in America in 1920 (out of a total population of 12 million kids in that age range). About half worked on family farms. The rest did everything else, working in factories, trained as apprentices, and served as messengers.
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As late as 1940, the average American had only a ninth-grade education, and the first enduring, federal child-labor law wasn't passed until 1938.
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http://www.npr.org/sections/money/2012/08/16/158925367/child-labor-in-america-1920