Podknife - Episode 5- Detroit Crashes, The Motor City During The Great Depression by The Detroit History Podcast

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Episode 5- Detroit Crashes, The Motor City During The Great Depression

Podcast |: The Detroit History Podcast
Publisher |: The Detroit History Podcast
Media Type |: audio
Podknife tags |: Detroit,; History,; Society & Culture
Categories Via RSS |: Education,; History
Publication Date |: Feb 19, 2018
Episode Duration |: 00:19:47

It was one of the city's darkest moments and the panic would shortly spread across the country. Michigan Governor William Comstock closed Detroit's banks on Valentine's Day, 1933. Henry Ford was asked to bail out the banks, Ford said he thought the crash would have to come: "the general effect would be that everyone would have to get to work a little sooner; that it might be a very good thing."

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