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1
00:00:06,674 --> 00:00:10,811
Narrator: THIS IS THE STORY
OF AMERICA...
2
00:00:10,844 --> 00:00:14,215
SEEN IN COLOR
FOR THE FIRST TIME.
3
00:00:14,248 --> 00:00:19,653
[CHEERING]
4
00:00:19,687 --> 00:00:23,591
IT'S THE ROARING '20s.
5
00:00:23,624 --> 00:00:25,559
THE COUNTRY IS FLOURISHING.
6
00:00:25,593 --> 00:00:29,230
*
7
00:00:29,263 --> 00:00:32,733
AND THE ECONOMY ISN'T
THE ONLY THING ROARING.
8
00:00:32,766 --> 00:00:36,304
HENRY FORD IGNITES
THE AUTO INDUSTRY.
9
00:00:38,439 --> 00:00:40,241
RADIO UNIFIES THE NATION...
10
00:00:40,274 --> 00:00:42,376
Announcer: ...DEMPSEY'S FACE.
HE LANDS A RIGHT.
11
00:00:42,410 --> 00:00:45,246
THEN DEMPSEY COMES BACK!
12
00:00:45,279 --> 00:00:49,783
Narrator: AS CHARLES LINDBERGH
USHERS IN THE ERA OF AVIATION.
13
00:00:49,817 --> 00:00:54,555
AMERICANS ARE CELEBRATING
GOOD TIMES.
14
00:00:54,588 --> 00:00:57,658
Woman: WHAT'S THE GREATEST
COUNTRY IN THE WHOLE WORLD?
15
00:00:57,691 --> 00:01:00,161
Women: AMERICA!
16
00:01:00,194 --> 00:01:04,398
Narrator: BUT PROGRESS
ALSO BRINGS PERIL.
17
00:01:04,432 --> 00:01:09,503
PROHIBITION MAKES AL CAPONE
A CELEBRITY GANGSTER,
18
00:01:09,537 --> 00:01:13,207
AND THE KU KLUX KLAN MARCHES
THE STREETS OF THE CAPITAL.
19
00:01:15,309 --> 00:01:19,147
THEN, AFTER EIGHT YEARS
OF INCREDIBLE PROSPERITY
20
00:01:19,180 --> 00:01:24,485
COMES BLACK TUESDAY
AND THE CRASH OF '29.
21
00:01:24,518 --> 00:01:27,221
THIS IS THE STORY OF THE '20s,
22
00:01:27,255 --> 00:01:29,323
AS YOU'VE NEVER
SEEN THEM BEFORE.
23
00:01:29,357 --> 00:01:42,136
*
24
00:01:42,170 --> 00:01:43,804
[GIRLS SCREAMING]
25
00:01:43,837 --> 00:01:47,441
*
26
00:01:47,475 --> 00:01:49,343
John F. Kennedy:
I WANT US TO RECAPTURE THAT.
27
00:01:49,377 --> 00:01:56,384
*
28
00:01:59,620 --> 00:02:01,255
[SHIP HORN BLOWS]
29
00:02:03,791 --> 00:02:06,694
Narrator: NEW YORK, 1919.
30
00:02:06,727 --> 00:02:11,432
TWO MILLION U.S. SOLDIERS RETURN
VICTORIOUS FROM WORLD WAR I.
31
00:02:11,465 --> 00:02:16,504
*
32
00:02:16,537 --> 00:02:18,572
THEY PARADE THROUGH
MADISON SQUARE
33
00:02:18,606 --> 00:02:22,310
OPTIMISTIC ABOUT A YOUNG COUNTRY
ON THE RISE.
34
00:02:22,343 --> 00:02:27,181
*
35
00:02:27,215 --> 00:02:28,816
AT THE START OF THE DECADE
36
00:02:28,849 --> 00:02:31,919
NEW YORK IS THE WORLD'S LARGEST
FINANCIAL MARKET,
37
00:02:31,952 --> 00:02:35,256
THE BEATING HEART
OF AMERICAN CAPITALISM.
38
00:02:36,757 --> 00:02:38,892
BUT BOTH VETERANS AND BANKERS
39
00:02:38,926 --> 00:02:43,197
ARE IN FOR AN UNPLEASANT
SURPRISE.
40
00:02:43,231 --> 00:02:46,534
AT NOON ON SEPTEMBER 16, 1920,
41
00:02:46,567 --> 00:02:49,970
A HORSE-DRAWN WAGON
PASSING BY LUNCHTIME CROWDS
42
00:02:50,003 --> 00:02:52,540
STOPS ACROSS FROM
THE J.P. MORGAN BANK
43
00:02:52,573 --> 00:02:54,642
AT 23 WALL STREET.
44
00:02:54,675 --> 00:02:55,976
THEN...
45
00:02:56,009 --> 00:02:59,380
[EXPLOSION]
46
00:02:59,413 --> 00:03:04,818
AN EXPLOSION KILLS 38 AND
LEAVES 143 SERIOUSLY WOUNDED.
47
00:03:04,852 --> 00:03:13,294
*
48
00:03:13,327 --> 00:03:16,664
ANARCHISTS TARGETING THE RICH
ARE THE PRIME SUSPECTS,
49
00:03:16,697 --> 00:03:19,400
BUT NO ONE IS EVER ARRESTED.
50
00:03:19,433 --> 00:03:22,770
A FLASH OF TERROR,
QUICKLY FORGOTTEN.
51
00:03:24,705 --> 00:03:26,707
TRADING RESUMES THE NEXT DAY
52
00:03:26,740 --> 00:03:28,376
AS THE WOLVES OF WALL STREET
53
00:03:28,409 --> 00:03:33,381
LAUNCH A DECADE
OF UNPRECEDENTED GROWTH.
54
00:03:33,414 --> 00:03:36,750
BUT BEFORE THE PARTY
COMES A HANGOVER.
55
00:03:38,852 --> 00:03:40,921
THE END OF WARTIME PRODUCTION
56
00:03:40,954 --> 00:03:45,259
SLAMS THE BRAKES
ON AMERICA'S ECONOMY.
57
00:03:45,293 --> 00:03:47,895
NEARLY HALF OF RETURNING
SOLDIERS FIND THEMSELVES
58
00:03:47,928 --> 00:03:51,465
UNEMPLOYED AND
RELYING ON BREADLINES.
59
00:03:53,501 --> 00:03:58,306
MANY AMERICANS ARE
HURTING FINANCIALLY.
60
00:03:58,339 --> 00:04:00,941
FOR THOSE WHO CAN'T AFFORD
LEATHER SHOES,
61
00:04:00,974 --> 00:04:03,877
AN ENTERPRISING STORE OFFERS
A CHEAPER ALTERNATIVE--
62
00:04:03,911 --> 00:04:07,515
CLOGS MADE OF WOOD.
63
00:04:07,548 --> 00:04:11,785
[CLOGS CLUNKING]
64
00:04:11,819 --> 00:04:14,955
*
65
00:04:14,988 --> 00:04:18,659
IN MARCH 1921, NEW PRESIDENT
WARREN G. HARDING
66
00:04:18,692 --> 00:04:20,994
PROMISES TO PUT THINGS RIGHT
FOR AMERICA.
67
00:04:21,028 --> 00:04:23,564
A RETURN TO NORMALCY.
68
00:04:28,602 --> 00:04:30,571
HISTORIANS WILL LATER
VIEW HARDING
69
00:04:30,604 --> 00:04:33,040
AS ONE OF AMERICA'S
WORST PRESIDENTS,
70
00:04:33,073 --> 00:04:34,808
BUT DURING HIS TERM,
71
00:04:34,842 --> 00:04:37,978
HE BENEFITTED FROM AN AGE
OF RAPID INNOVATION.
72
00:04:41,081 --> 00:04:44,718
ONE EARLY ADOPTER IS
A FOX MOVIETONE NEWS CAMERAMAN,
73
00:04:44,752 --> 00:04:47,355
HARRY BIRCH OF CHICAGO.
74
00:04:50,458 --> 00:04:52,893
WHEN HE'S NOT FILMING NEWSREELS,
75
00:04:52,926 --> 00:04:55,663
HE TAKES SOME OF THE EARLIEST
KNOWN HOME MOVIES,
76
00:04:55,696 --> 00:04:58,732
FEATURING HIS WIFE LUCILLE
AND SON BILL.
77
00:04:58,766 --> 00:05:04,672
*
78
00:05:04,705 --> 00:05:08,809
CARS ARE BECOMING SO POPULAR
THAT EVEN YOUNG BILL HAS ONE.
79
00:05:08,842 --> 00:05:14,515
*
80
00:05:14,548 --> 00:05:17,685
HIS DAD HAS THE MUST-HAVE
MARVEL OF THE DAY,
81
00:05:17,718 --> 00:05:20,454
THE REVOLUTIONARY FORD MODEL T.
82
00:05:20,488 --> 00:05:22,456
[HORN HONKS]
83
00:05:26,159 --> 00:05:28,596
ITS DESIGNER IS HENRY FORD,
84
00:05:28,629 --> 00:05:31,799
THE GREATEST ENGINEER
OF HIS ERA.
85
00:05:31,832 --> 00:05:35,102
BY THE 1920s,
FORD AND HIS "TIN LIZZIE"
86
00:05:35,135 --> 00:05:38,005
HAVE TURNED AMERICA INTO
A NATION OF CAR OWNERS.
87
00:05:38,038 --> 00:05:39,940
Henry Ford: IF A YOUNG MAN
MAKES UP HIS MIND TO WORK,
88
00:05:39,973 --> 00:05:42,042
THERE'S NO LIMIT
TO WHAT HE CAN DO.
89
00:05:46,079 --> 00:05:48,782
Narrator: IN 1913,
FORD HAD INTRODUCED
90
00:05:48,816 --> 00:05:50,684
THE MOVING ASSEMBLY LINE,
91
00:05:50,718 --> 00:05:53,754
A REVOLUTION
IN AUTO MANUFACTURING.
92
00:05:57,425 --> 00:06:00,594
WORKERS USED TO MAKE
ONE CAR AT A TIME.
93
00:06:00,628 --> 00:06:03,130
FORD PUTS THEM IN WORKSTATIONS,
94
00:06:03,163 --> 00:06:04,765
INSTALLING EACH PART
OF THE CHASSIS
95
00:06:04,798 --> 00:06:07,768
AS IT MOVES DOWN THE LINE.
96
00:06:07,801 --> 00:06:10,904
IT'S UP TO FOUR TIMES FASTER
THAN THE OLD WAY.
97
00:06:13,774 --> 00:06:16,176
BLACK PAINT IS CHEAP
AND DURABLE.
98
00:06:16,209 --> 00:06:20,414
FORD FAMOUSLY SAYS CUSTOMERS
CAN HAVE ANY COLOR THEY LIKE,
99
00:06:20,448 --> 00:06:22,416
"SO LONG AS IT'S BLACK."
100
00:06:27,721 --> 00:06:33,961
BY 1920 A NEW CAR ROLLS
OFF THE LINE EVERY TWO HOURS,
101
00:06:33,994 --> 00:06:38,165
AND OVER HALF OF ALL CARS
IN AMERICA ARE MODEL Ts.
102
00:06:40,534 --> 00:06:45,773
EACH ONE IS SIMPLE,
RELIABLE AND DURABLE.
103
00:06:45,806 --> 00:06:48,909
IMPORTANT IN A NATION WHERE
LESS THAN 2% OF THE ROADS
104
00:06:48,942 --> 00:06:50,844
ARE SUITABLE FOR DRIVING.
105
00:06:50,878 --> 00:06:55,783
*
106
00:06:55,816 --> 00:06:59,887
FORD ALSO REVOLUTIONIZES
BUSINESS PRACTICES.
107
00:06:59,920 --> 00:07:04,024
HE GIVES EMPLOYEES
A FIVE-DAY WORKWEEK,
108
00:07:04,057 --> 00:07:06,159
THEIR FIRST WEEKENDS OFF,
109
00:07:06,193 --> 00:07:09,763
AND PAYS THEM ENOUGH TO AFFORD
THEIR OWN MODEL T,
110
00:07:09,797 --> 00:07:13,066
SELLING AT A LITTLE OVER $300.
111
00:07:13,100 --> 00:07:15,903
IN HIS COMPANY NEWSLETTER,
FORD SAYS,
112
00:07:15,936 --> 00:07:18,806
"IT IS HIGH TIME TO RID
OURSELVES OF THE NOTION
113
00:07:18,839 --> 00:07:21,775
THAT LEISURE FOR WORKMEN
IS EITHER LOST TIME
114
00:07:21,809 --> 00:07:25,479
OR A CLASS PRIVILEGE."
115
00:07:25,513 --> 00:07:30,083
[HORNS HONKING]
116
00:07:30,117 --> 00:07:34,555
MILLIONS OF SALES TURN
DETROIT INTO A BOOMTOWN...
117
00:07:34,588 --> 00:07:36,890
AND FORD INTO A BILLIONAIRE.
118
00:07:43,063 --> 00:07:46,534
IT'S A NEW AGE OF
GREAT INDUSTRIALISTS.
119
00:07:46,567 --> 00:07:51,138
IN 1921 FORD JOINS TIRE MAGNATE
HARVEY FIRESTONE, ON THE LEFT,
120
00:07:51,171 --> 00:07:53,674
AND INVENTOR THOMAS EDISON,
ON THE RIGHT,
121
00:07:53,707 --> 00:07:55,509
ON A TRIP TO THE CATSKILLS.
122
00:07:55,543 --> 00:08:02,550
*
123
00:08:03,884 --> 00:08:06,520
EVEN PRESIDENT HARDING
PAYS A VISIT.
124
00:08:06,554 --> 00:08:12,860
*
125
00:08:12,893 --> 00:08:15,563
AS FOUR OF THE MOST POWERFUL
PEOPLE ON THE PLANET
126
00:08:15,596 --> 00:08:17,798
TAKE A BREAK FROM
THE STRESSES OF WORK
127
00:08:17,831 --> 00:08:20,000
AND ENJOY THE GREAT OUTDOORS,
128
00:08:20,033 --> 00:08:22,736
ACROSS THE COUNTRY,
NEW ROADS EMERGE
129
00:08:22,770 --> 00:08:25,773
TO ACCOMMODATE MILLIONS
OF NEW CAR OWNERS.
130
00:08:25,806 --> 00:08:31,945
*
131
00:08:31,979 --> 00:08:36,684
BY 1922, THE ECONOMY IS KICKING
INTO HIGH GEAR.
132
00:08:38,886 --> 00:08:42,255
BUT THERE'S ONE BUSINESS
THAT WON'T BE JOINING THE BOOM.
133
00:08:42,289 --> 00:08:52,332
*
134
00:08:52,365 --> 00:08:57,104
JUST TWO YEARS EARLIER,
PROHIBITION BECAME LAW.
135
00:08:57,137 --> 00:08:59,873
IT BANS THE PRODUCTION
AND SALE OF ALCOHOL.
136
00:08:59,907 --> 00:09:06,914
*
137
00:09:07,114 --> 00:09:10,651
THIS 1922 FOOTAGE
IN LONG BEACH, CALIFORNIA,
138
00:09:10,684 --> 00:09:15,322
SHOWS THE POLICE DESTROYING
$30,000 WORTH OF LIQUOR.
139
00:09:15,355 --> 00:09:19,092
THIS IS SOME OF THE EARLIEST
FILM EVER OF PROHIBITION.
140
00:09:21,094 --> 00:09:24,197
AMERICA IS AGAIN
A PRODUCTIVE NATION,
141
00:09:24,231 --> 00:09:28,201
AND MANY BELIEVE IT'S ALSO
BECOME A SOBER NATION AS WELL.
142
00:09:28,235 --> 00:09:32,806
BUT FOR SOME,
THE PARTY NEVER ENDS...
143
00:09:32,840 --> 00:09:35,108
IT JUST GOES UNDERGROUND.
144
00:09:38,045 --> 00:09:39,780
IN THIS RARE HOME MOVIE,
145
00:09:39,813 --> 00:09:42,315
THE ADAMS FAMILY
OF BRATTLEBORO, VERMONT,
146
00:09:42,349 --> 00:09:45,819
FILMS A PARTY WHERE
THE LIQUOR FLOWS FREELY.
147
00:09:47,921 --> 00:09:50,724
A LOOPHOLE IN THE LAW
ALLOWS PEOPLE TO DRINK
148
00:09:50,758 --> 00:09:53,794
EXISTING SUPPLIES AT HOME.
149
00:09:55,796 --> 00:09:59,933
EVEN MANUFACTURERS
FIND WORK-AROUNDS.
150
00:09:59,967 --> 00:10:03,737
IN NAPA VALLEY,
VINEYARDS STOP MAKING WINE
151
00:10:03,771 --> 00:10:09,710
AND START SELLING BRICKS OF
DRIED GRAPES WITH INSTRUCTIONS.
152
00:10:09,743 --> 00:10:12,345
Woman: SAY, LUCILLE, WHAT DO
THEY DO WITH ALL THESE GRAPES?
153
00:10:12,379 --> 00:10:16,784
Woman: WELL, MY FATHER BUYS THEM
TO MAKE GRAPE JUICE.
154
00:10:16,817 --> 00:10:19,186
Woman: HE WOULD.
155
00:10:19,219 --> 00:10:24,692
Narrator: ADDING WATER AND THREE
WEEKS IN A CUPBOARD MAKES WINE.
156
00:10:24,725 --> 00:10:28,696
BUT EVEN THESE LOOPHOLES
DON'T MEET THE ENORMOUS DEMAND.
157
00:10:28,729 --> 00:10:35,068
*
158
00:10:35,102 --> 00:10:37,270
THERE'S A GROWING BLACK MARKET,
159
00:10:37,304 --> 00:10:41,274
AND ORGANIZED CRIME IS HAPPY
TO SATISFY THE COUNTRY'S THIRST.
160
00:10:41,308 --> 00:10:45,278
*
161
00:10:45,312 --> 00:10:47,114
BY THE END OF THE '20s,
162
00:10:47,147 --> 00:10:50,751
AL CAPONE IS EARNING MILLIONS OF
DOLLARS A YEAR FROM BOOTLEGGING.
163
00:10:50,784 --> 00:10:57,691
*
164
00:10:57,725 --> 00:10:59,392
HE'S NOT THE ONLY ONE.
165
00:10:59,426 --> 00:11:02,262
[SIREN, BELL CLANGING]
166
00:11:02,295 --> 00:11:05,032
COMPETITION LEADS TO GANG WARS.
167
00:11:05,065 --> 00:11:08,168
NEARLY 600 MOBSTERS DIE
IN CHICAGO ALONE
168
00:11:08,201 --> 00:11:10,403
OVER THE COURSE OF THE DECADE.
169
00:11:12,072 --> 00:11:15,308
THE VIOLENCE DOES NOTHING
TO SLOW THE DEMAND.
170
00:11:17,144 --> 00:11:20,013
*
171
00:11:20,047 --> 00:11:23,984
THE QUEST FOR A STIFF DRINK
GIVES BIRTH TO THE SPEAKEASY--
172
00:11:24,017 --> 00:11:26,486
PASSWORD-PROTECTED
ENTERTAINMENT...
173
00:11:26,519 --> 00:11:28,789
WITH A SHOT OF FREEDOM.
174
00:11:31,859 --> 00:11:35,095
FOR WOMEN WHO JUST WON
THE RIGHT TO VOTE IN 1920,
175
00:11:35,128 --> 00:11:41,401
THESE UNDERGROUND BARS INSPIRE
A NEW, UNINHIBITED LIFESTYLE...
176
00:11:41,434 --> 00:11:44,805
ONE THAT WILL SHOCK THE MORE
CONSERVATIVE SECTORS OF SOCIETY.
177
00:11:44,838 --> 00:11:47,775
[JAZZ MUSIC PLAYING]
178
00:11:47,808 --> 00:11:50,878
AS THE WRITER DOROTHY PARKER
PUTS IT,
179
00:11:50,911 --> 00:11:53,246
"SHE'S NOT WHAT GRANDMA
USED TO BE."
180
00:11:53,280 --> 00:12:00,287
*
181
00:12:01,521 --> 00:12:04,324
THE FLAPPER, A HIT MOVIE,
182
00:12:04,357 --> 00:12:07,928
GIVES A NAME TO THIS BRASH,
NEW GENERATION OF WOMEN.
183
00:12:07,961 --> 00:12:14,968
*
184
00:12:15,168 --> 00:12:28,381
*
185
00:12:28,415 --> 00:12:29,917
FLAPPERS CAST ASIDE
186
00:12:29,950 --> 00:12:33,220
MUCH OF WHAT SOCIETY CONSIDERS
PROPER BEHAVIOR.
187
00:12:33,253 --> 00:12:38,325
*
188
00:12:38,358 --> 00:12:43,831
THEY WEAR SHORT DRESSES,
BOBBED HAIR AND LAVISH MAKEUP,
189
00:12:43,864 --> 00:12:46,566
CELEBRATING
A NEWFOUND SEXUALITY.
190
00:12:46,599 --> 00:12:53,807
*
191
00:12:54,107 --> 00:12:56,243
THE COSMETICS INDUSTRY BOOMS
192
00:12:56,276 --> 00:12:59,546
AS MORE WOMEN ADOPT
THE FLAPPER STYLE.
193
00:12:59,579 --> 00:13:02,349
CIGARETTES BECOME
A SYMBOL OF LIBERATION,
194
00:13:02,382 --> 00:13:04,818
AND WOMEN EMBRACE THE IMAGE.
195
00:13:08,321 --> 00:13:11,859
THE JAZZ AGE IS IN FULL SWING.
196
00:13:11,892 --> 00:13:14,594
MOST AMERICANS HAVE NEVER
HAD IT SO GOOD.
197
00:13:14,627 --> 00:13:19,132
*
198
00:13:19,166 --> 00:13:23,971
BUT WHILE THE FLAPPERS CELEBRATE
THEIR SOCIAL REVOLUTION,
199
00:13:24,004 --> 00:13:28,441
OTHER AMERICANS ARE REACTING TO
CHANGE IN A VERY DIFFERENT WAY.
200
00:13:31,211 --> 00:13:35,515
IN THE RURAL SOUTH,
A DARK FORCE IS RISING,
201
00:13:35,548 --> 00:13:39,086
AND A DORMANT VOLCANO
IS ABOUT TO EXPLODE.
202
00:13:39,119 --> 00:13:52,632
*
203
00:13:52,665 --> 00:13:57,304
IT'S 1923, AND AMERICA
IS ON THE UPSWING.
204
00:13:59,606 --> 00:14:03,443
WELL-PAID JOBS ABOUND,
AS INDUSTRY THRIVES
205
00:14:03,476 --> 00:14:07,147
AND A LARGELY UNREGULATED
STOCK MARKET BOOMS.
206
00:14:10,083 --> 00:14:14,021
THEN, IN AUGUST,
PRESIDENT HARDING DIES SUDDENLY
207
00:14:14,054 --> 00:14:15,622
FROM A HEART ATTACK.
208
00:14:15,655 --> 00:14:22,462
*
209
00:14:22,495 --> 00:14:24,564
HIS SUCCESSOR, CALVIN COOLIDGE,
210
00:14:24,597 --> 00:14:28,635
CARRIES THE TORCH OF SMALL
GOVERNMENT AND BIG BUSINESS.
211
00:14:28,668 --> 00:14:30,537
Calvin Coolidge:
ONE OF THE GREATEST FAVORS
212
00:14:30,570 --> 00:14:34,041
THAT CAN BE BESTOWED UPON
THE AMERICAN PEOPLE
213
00:14:34,074 --> 00:14:37,110
IS ECONOMY IN GOVERNMENT.
214
00:14:37,144 --> 00:14:39,679
Narrator: "SILENT CAL"
FAMOUSLY SAYS,
215
00:14:39,712 --> 00:14:44,651
"THE CHIEF BUSINESS OF THE
AMERICAN PEOPLE IS BUSINESS."
216
00:14:46,619 --> 00:14:50,357
FOR MOST AMERICANS,
THE FUTURE IS BRIGHT.
217
00:14:50,390 --> 00:14:52,292
BUT THE COUNTRY'S
POLITICAL, SOCIAL,
218
00:14:52,325 --> 00:14:54,227
AND ECONOMIC INSTITUTIONS
219
00:14:54,261 --> 00:14:58,031
STRONGLY FAVOR WHITE CITIZENS
OVER PEOPLE OF COLOR.
220
00:15:02,102 --> 00:15:03,570
AND NOWHERE IS IT WORSE
221
00:15:03,603 --> 00:15:07,007
THAN FOR BLACKS LIVING
IN THE JIM CROW SOUTH.
222
00:15:07,040 --> 00:15:12,312
[CHILDREN SINGING]
223
00:15:12,345 --> 00:15:15,983
MANY LIVE AND WORK IN TOUGH,
SEGREGATED CONDITIONS.
224
00:15:16,016 --> 00:15:18,518
[CHILDREN SINGING]
225
00:15:18,551 --> 00:15:20,453
[MEN SINGING]
226
00:15:20,487 --> 00:15:22,555
AS THESE RARE RECORDINGS SHOW,
227
00:15:22,589 --> 00:15:24,391
THE WORK SONGS HAVE
CHANGED LITTLE
228
00:15:24,424 --> 00:15:26,226
SINCE THE TIME OF SLAVERY.
229
00:15:26,259 --> 00:15:38,238
[MEN SINGING]
230
00:15:38,271 --> 00:15:42,342
IN SOUTH CAROLINA, THEY LAY THE
TRACKS FOR AMERICA'S RAILWAYS.
231
00:15:47,014 --> 00:15:48,982
AND IN PORT NORRIS, NEW JERSEY,
232
00:15:49,016 --> 00:15:51,551
THEY SHUCK OYSTERS
FOR WEALTHY DINERS.
233
00:15:51,584 --> 00:16:04,564
[SINGING]
234
00:16:04,597 --> 00:16:11,271
*
235
00:16:11,304 --> 00:16:14,774
SOME AFRICAN AMERICAN
COMMUNITIES ARE PROSPERING,
236
00:16:14,807 --> 00:16:19,312
LIKE THE RESIDENTS OF GREENWOOD,
A SUBURB OF TULSA, OKLAHOMA.
237
00:16:19,346 --> 00:16:25,352
*
238
00:16:25,385 --> 00:16:29,422
HERE FORMER SLAVES WERE GIVEN
LAND AFTER THE CIVIL WAR,
239
00:16:29,456 --> 00:16:33,526
AND THIS RARE FOOTAGE SHOWS
THE THRIVING TOWN THEY BUILT.
240
00:16:33,560 --> 00:16:37,797
*
241
00:16:37,830 --> 00:16:42,269
A REMARKABLE BAPTIST PASTOR
NAMED SOLOMON SIR JONES
242
00:16:42,302 --> 00:16:44,537
IS THE PIONEERING FILMMAKER.
243
00:16:44,571 --> 00:16:49,509
HIS FOOTAGE WAS LOST
FOR MORE THAN 50 YEARS.
244
00:16:49,542 --> 00:16:52,779
JONES CAPTURES THE BUSTLING LIFE
OF GREENWOOD,
245
00:16:52,812 --> 00:16:55,582
WHICH COULD BE
ANY AMERICAN SMALL TOWN.
246
00:16:55,615 --> 00:17:07,827
*
247
00:17:07,860 --> 00:17:11,464
BUT TULSA'S WHITES
DON'T LIKE WHAT THEY SEE.
248
00:17:13,633 --> 00:17:15,535
IN MAY 1921,
249
00:17:15,568 --> 00:17:19,106
AFTER A BLACK MAN IS ACCUSED
OF ASSAULTING A WHITE WOMAN,
250
00:17:19,139 --> 00:17:23,343
A WHITE MOB RAMPAGES
THROUGH THE CITY.
251
00:17:23,376 --> 00:17:28,115
FOR A NIGHT AND A DAY,
THEY LOOT AND BURN GREENWOOD.
252
00:17:28,148 --> 00:17:32,819
A FOX NEWS CREW CAPTURES
THE ONLY SURVIVING FOOTAGE.
253
00:17:32,852 --> 00:17:36,789
IT IS THE BLOODIEST RACIAL
MASSACRE IN AMERICAN HISTORY,
254
00:17:36,823 --> 00:17:39,726
LEAVING NEARLY 300 DEAD.
255
00:17:39,759 --> 00:17:50,337
*
256
00:17:50,370 --> 00:17:53,406
BEHIND THE VIOLENCE
IS A TERRIFYING FORCE
257
00:17:53,440 --> 00:17:58,711
BORN IN THE 19th CENTURY,
BUT UNTIL NOW, SILENT.
258
00:17:58,745 --> 00:18:01,781
THE SECOND WAVE OF
THE KU KLUX KLAN.
259
00:18:01,814 --> 00:18:07,287
*
260
00:18:07,320 --> 00:18:10,390
NEWS PHOTOGRAPHERS CAPTURE
A KLAN MARCH IN TULSA
261
00:18:10,423 --> 00:18:13,092
ONE YEAR AFTER THE RIOTS.
262
00:18:16,396 --> 00:18:19,532
THE KLAN APPEALS TO WHITE
AMERICANS WHO FEEL THREATENED
263
00:18:19,566 --> 00:18:22,335
BY THE FAST PACE OF CHANGE
IN THE '20s.
264
00:18:22,369 --> 00:18:29,376
*
265
00:18:30,943 --> 00:18:35,248
BORN IN THE SOUTH,
THE KKK SPREADS NORTH.
266
00:18:35,282 --> 00:18:44,424
*
267
00:18:44,457 --> 00:18:49,329
ITS MEMBERS PROMOTE WHAT
THEY CALL "100% AMERICANISM,"
268
00:18:49,362 --> 00:18:55,335
TARGETING NOT JUST BLACKS,
BUT CATHOLICS, JEWS, IMMIGRANTS.
269
00:18:58,705 --> 00:19:00,273
AT THE HEIGHT OF ITS POWER,
270
00:19:00,307 --> 00:19:03,610
NEWSREELS CAPTURE
40,000 KLANSMEN AND WOMEN
271
00:19:03,643 --> 00:19:05,845
MASSING IN SUPPORT
OF WHITE SUPREMACY
272
00:19:05,878 --> 00:19:09,782
ON THE STREETS
OF WASHINGTON, D.C.
273
00:19:09,816 --> 00:19:14,854
BY 1924, ITS MEMBERSHIP REACHES
A STAGGERING FOUR MILLION.
274
00:19:14,887 --> 00:19:19,292
THE KKK WILL REMAIN A FORCE
OF BIGOTRY IN THIS COUNTRY
275
00:19:19,326 --> 00:19:21,561
FOR GENERATIONS TO COME.
276
00:19:25,632 --> 00:19:29,502
RACIAL TENSIONS IN THE SOUTH
AND BOUNTIFUL JOBS IN THE NORTH
277
00:19:29,536 --> 00:19:33,273
PROMPT MANY AFRICAN AMERICANS
TO UPROOT THEIR FAMILIES.
278
00:19:35,708 --> 00:19:38,845
NEARLY 1.6 MILLION PEOPLE
CHOOSE TO MOVE
279
00:19:38,878 --> 00:19:41,948
IN WHAT BECOMES KNOWN
AS THE GREAT MIGRATION.
280
00:19:43,716 --> 00:19:48,521
IT TRANSFORMS NEIGHBORHOODS
LIKE NEW YORK'S HARLEM.
281
00:19:48,555 --> 00:19:51,624
BLACK AMERICANS BRING THEIR
CULTURE AND MUSIC WITH THEM--
282
00:19:51,658 --> 00:19:53,426
BLUES, JAZZ.
283
00:19:53,460 --> 00:20:00,267
*
284
00:20:00,300 --> 00:20:01,634
NOT FOR THE LAST TIME,
285
00:20:01,668 --> 00:20:04,537
BLACK MUSIC IS ADOPTED
BY WHITE AMERICA.
286
00:20:04,571 --> 00:20:16,683
*
287
00:20:16,716 --> 00:20:18,285
IN ONE OF THE EARLIEST
RECORDINGS
288
00:20:18,318 --> 00:20:20,420
OF AN ALL-WHITE JAZZ BAND,
289
00:20:20,453 --> 00:20:22,422
BEN BERNIE AND HIS ORCHESTRA
290
00:20:22,455 --> 00:20:25,958
PLAY THEIR 1925 HIT
"SWEET GEORGIA BROWN."
291
00:20:25,992 --> 00:20:31,798
*
292
00:20:31,831 --> 00:20:34,000
JAZZ FINDS A NEW HOME
293
00:20:34,033 --> 00:20:36,603
IN THE RAUCOUS SPEAKEASIES
AND NIGHTCLUBS
294
00:20:36,636 --> 00:20:40,006
OF THE COSMOPOLITAN CITIES.
295
00:20:40,039 --> 00:20:43,543
A FLAMBOYANT FORMER ACTRESS
NAMED TEXAS GUINAN
296
00:20:43,576 --> 00:20:45,678
RUNS NEW YORK'S 300 CLUB,
297
00:20:45,712 --> 00:20:49,749
OFTEN GREETING HER CUSTOMERS
WITH, "HELLO, SUCKERS."
298
00:20:49,782 --> 00:20:51,651
Texas Guinan: BEFORE I START
TO SING THIS SONG,
299
00:20:51,684 --> 00:20:54,654
I WANT IT UNDERSTOOD THAT
NO SUCKER IN THIS ROOM
300
00:20:54,687 --> 00:20:57,490
HAD BETTER MENTION NOT A WORD.
301
00:20:57,524 --> 00:20:59,826
Narrator: BLACK MUSIC,
ILLEGAL BOOZE
302
00:20:59,859 --> 00:21:00,993
AND LIBERATED WOMEN
303
00:21:01,027 --> 00:21:02,795
MAKE HER A FORTUNE.
304
00:21:02,829 --> 00:21:05,698
Guinan: WHAT'S THE GREATEST
COUNTRY IN THE WHOLE WORLD?
305
00:21:05,732 --> 00:21:08,335
Women: AMERICA!
306
00:21:10,737 --> 00:21:12,739
Narrator: AT GUINAN'S 300 CLUB,
307
00:21:12,772 --> 00:21:16,409
THE ROARING '20s REACH
A COLORFUL CRESCENDO.
308
00:21:16,443 --> 00:21:21,748
*
309
00:21:21,781 --> 00:21:23,850
PARTS OF THE UNITED STATES
ARE EVOLVING
310
00:21:23,883 --> 00:21:25,852
FASTER THAN EVER BEFORE.
311
00:21:25,885 --> 00:21:29,021
*
312
00:21:29,055 --> 00:21:30,790
IN THE MIDDLE OF THE DECADE,
313
00:21:30,823 --> 00:21:33,693
A NEW TECHNOLOGY WILL
UNITE THE COUNTRY
314
00:21:33,726 --> 00:21:35,362
AND CREATE NEW HEROES.
315
00:21:35,395 --> 00:21:36,996
Announcer: ...DEMPSEY'S FACE.
HE LANDS A RIGHT.
316
00:21:37,029 --> 00:21:38,598
THEN DEMPSEY COMES BACK!
317
00:21:38,631 --> 00:21:43,636
AND...NOW TUNNEY IS DOWN!
TUNNEY IS DOWN!
318
00:21:45,672 --> 00:21:50,610
*
319
00:21:50,643 --> 00:21:55,114
Narrator: AS 1925 BEGINS,
PROSPERITY AND NEW INVENTIONS
320
00:21:55,147 --> 00:21:58,651
REVOLUTIONIZE EVERYDAY LIFE
IN AMERICA.
321
00:22:01,654 --> 00:22:04,591
MODERN CONVENIENCES
WE NOW TAKE FOR GRANTED
322
00:22:04,624 --> 00:22:06,693
APPEAR FOR THE FIRST TIME.
323
00:22:06,726 --> 00:22:08,795
[MACHINE WHIRRING]
324
00:22:08,828 --> 00:22:12,031
VACUUM CLEANERS REPLACE
CARPET BEATERS.
325
00:22:12,064 --> 00:22:15,001
ELECTRIC REFRIGERATORS, OVENS,
AND WASHING MACHINES
326
00:22:15,034 --> 00:22:17,036
SAVE HOURS OF WORK.
327
00:22:17,069 --> 00:22:22,542
*
328
00:22:22,575 --> 00:22:26,145
BUT THE INVENTION THAT BRINGS
THE WHOLE COUNTRY TOGETHER...
329
00:22:26,178 --> 00:22:27,747
IS RADIO.
330
00:22:27,780 --> 00:22:33,853
[JAZZ MUSIC PLAYING]
331
00:22:33,886 --> 00:22:36,489
THIS IS RADIO ROW,
332
00:22:36,523 --> 00:22:38,725
NEW YORK CITY'S
CORTLANDT STREET,
333
00:22:38,758 --> 00:22:42,495
THE WORLD'S LARGEST COLLECTION
OF ELECTRONICS STORES.
334
00:22:42,529 --> 00:22:45,798
IT WILL REMAIN THIS WAY
UNTIL 1966
335
00:22:45,832 --> 00:22:49,736
WHEN IT'S LEVELED TO MAKE WAY
FOR THE WORLD TRADE CENTER.
336
00:22:49,769 --> 00:22:53,806
SHOP AFTER SHOP COMPETES
BY SELLING DIFFERENT MODELS.
337
00:22:55,842 --> 00:22:58,545
AND HERE, ACTUAL SOUNDS
OF STREET CROWDS
338
00:22:58,578 --> 00:23:00,580
LISTENING TO A RADIO BROADCAST.
339
00:23:00,613 --> 00:23:10,156
[WOMAN SINGING ON RADIO]
340
00:23:12,692 --> 00:23:15,895
ADVERTISERS QUICKLY SEE
NEW AND EXCITING WAYS
341
00:23:15,928 --> 00:23:17,764
TO REACH A MASSIVE AUDIENCE.
342
00:23:17,797 --> 00:23:22,068
* HAVE YOU TRIED WHEATIES?
343
00:23:22,101 --> 00:23:24,771
ON CHRISTMAS EVE, 1926,
344
00:23:24,804 --> 00:23:28,441
WHEATIES AIRS THE FIRST
COMMERCIAL JINGLE,
345
00:23:28,475 --> 00:23:33,813
AND THE CEREAL BECOMES
THE MOST POPULAR IN AMERICA.
346
00:23:33,846 --> 00:23:36,483
* THEY'RE CRISPY AND CRUNCHY
347
00:23:36,516 --> 00:23:38,785
* THE WHOLE YEAR THROUGH
348
00:23:38,818 --> 00:23:41,220
IT'S BRANDED
THE "BREAKFAST OF CHAMPIONS"
349
00:23:41,253 --> 00:23:44,123
AND SOON FEATURES PROMINENT
SPORTS FIGURES ON EACH BOX.
350
00:23:44,156 --> 00:23:46,659
* BUY WHEATIES
351
00:23:46,693 --> 00:23:51,864
* THE BEST BREAKFAST FOOD
IN THE LAND *
352
00:23:51,898 --> 00:23:55,001
FOR THE FIRST TIME, AMERICANS
CAN LISTEN TO SPORTS EVENTS
353
00:23:55,034 --> 00:23:59,105
AS THEY HAPPEN,
ANYWHERE IN THE COUNTRY...
354
00:23:59,138 --> 00:24:03,109
ESPECIALLY THE NATIONAL PASTIME,
BASEBALL.
355
00:24:03,142 --> 00:24:06,145
PLAYERS QUICKLY BECOME
AMERICAN HEROES.
356
00:24:06,178 --> 00:24:09,482
[CROWD CHEERING]
357
00:24:09,516 --> 00:24:14,754
NONE IS BIGGER THAN BABE RUTH.
358
00:24:14,787 --> 00:24:17,490
NO RADIO RECORDINGS
OF GAMES EXIST,
359
00:24:17,524 --> 00:24:19,726
AND THIS FOOTAGE IS RARE.
360
00:24:22,629 --> 00:24:25,064
RUTH STARTS HIS CAREER
AS A PITCHER,
361
00:24:25,097 --> 00:24:27,133
BUT SOON EVOLVES INTO
THE GREATEST SLUGGER
362
00:24:27,166 --> 00:24:29,902
THE GAME HAS EVER SEEN.
363
00:24:33,205 --> 00:24:36,509
IN 1920, HIS FIRST SEASON
WITH THE YANKEES,
364
00:24:36,543 --> 00:24:39,546
HE LEADS THE LEAGUE
WITH 54 HOME RUNS.
365
00:24:41,213 --> 00:24:43,616
[CHEERING]
366
00:24:43,650 --> 00:24:46,786
THE NEXT HIGHEST TOTAL IS 19.
367
00:24:49,288 --> 00:24:51,858
Babe Ruth: SO, HONEY,
HOW'D YOU LIKE THAT ONE? HUH?
368
00:24:51,891 --> 00:24:55,595
Narrator: HE AND HIS WIFE CLAIRE
ARE A GLAMOROUS POWER COUPLE.
369
00:24:55,628 --> 00:24:56,829
Ruth: WELL, I'M GOING OUT NOW
370
00:24:56,863 --> 00:24:58,164
AND TRY TO MAKE
ANOTHER ONE FOR YOU.
371
00:24:58,197 --> 00:24:59,198
ALRIGHT, DARLING.
372
00:24:59,231 --> 00:25:00,533
Man: PEANUTS, CIGARS!
373
00:25:02,068 --> 00:25:04,737
Narrator: HE SETS ONE OF
THE GAME'S GREATEST RECORDS
374
00:25:04,771 --> 00:25:07,006
IN SEPTEMBER OF 1927
375
00:25:07,039 --> 00:25:10,209
BY HITTING 60 HOME RUNS
IN A SINGLE SEASON.
376
00:25:11,811 --> 00:25:14,180
[CHEERING]
377
00:25:14,213 --> 00:25:16,315
AND THE YANKEES REWARD HIM
WITH A CONTRACT
378
00:25:16,348 --> 00:25:19,686
FOR $80,000 PER YEAR--
379
00:25:19,719 --> 00:25:23,656
AN ASTRONOMICAL AMOUNT
AT THAT TIME.
380
00:25:23,690 --> 00:25:33,733
[CROWD CHEERING]
381
00:25:33,766 --> 00:25:35,267
Announcer: TUNNEY TRIES
HIS ONE-TWO...
382
00:25:35,301 --> 00:25:39,939
Narrator: BY 1926,
FIVE MILLION HOMES OWN A RADIO,
383
00:25:39,972 --> 00:25:42,141
A STAGGERING INCREASE
ON THE 2,000 HOMES
384
00:25:42,174 --> 00:25:44,744
AT THE START OF DECADE.
385
00:25:44,777 --> 00:25:46,713
JUST IN TIME FOR ONE
OF THE CENTURY'S
386
00:25:46,746 --> 00:25:50,349
GREATEST SPORTING CONTROVERSIES.
387
00:25:50,382 --> 00:25:55,187
BOXER JACK DEMPSEY HAS WON
66 BOUTS OVER 13 YEARS.
388
00:25:58,090 --> 00:26:00,159
BORN IN POVERTY IN COLORADO,
389
00:26:00,192 --> 00:26:04,664
DEMPSEY HAS IRISH, CHEROKEE,
AND JEWISH ANCESTRY.
390
00:26:04,697 --> 00:26:07,099
HE'S A STRONG OFFENSIVE FIGHTER,
391
00:26:07,133 --> 00:26:10,102
MAKING IT TO THE TOP
THROUGH SKILL AND GUTS.
392
00:26:10,136 --> 00:26:15,842
*
393
00:26:15,875 --> 00:26:20,046
HIS 1921 VICTORY OVER
FRENCH BOXER GEORGES CARPENTIER
394
00:26:20,079 --> 00:26:25,718
IS THE FIRST
MILLION-DOLLAR MATCH.
395
00:26:25,752 --> 00:26:28,254
IT TURNS HIM
INTO A NATIONAL STAR.
396
00:26:28,287 --> 00:26:30,356
Reporter: ...OF ANNOUNCER
JOE HUMPHRIES DIED AWAY,
397
00:26:30,389 --> 00:26:32,324
THE ARGENTINIAN AND THE CHAMPION
398
00:26:32,358 --> 00:26:36,729
STAGE THE MOST SAVAGE SLUGFEST
EVER WITNESSED.
399
00:26:36,763 --> 00:26:40,366
Narrator: DEMPSEY DOESN'T
BELIEVE IN DEFENSE.
400
00:26:40,399 --> 00:26:44,370
RELENTLESS ATTACK IS HIS STYLE.
401
00:26:44,403 --> 00:26:46,005
Reporter: MURDEROUS RIGHTS.
402
00:26:46,038 --> 00:26:50,777
THREW A LEFT HOOK,
CRASHED ON FIRPO'S BODY AND JAW.
403
00:26:50,810 --> 00:26:53,880
DEMPSEY'S PILE-DRIVING FISTS
BATTERED HIM TO THE CANVAS
404
00:26:53,913 --> 00:26:55,147
TIME AND AGAIN.
405
00:26:55,181 --> 00:26:57,817
Narrator: THE PUBLIC LOVES IT,
AND HIM.
406
00:26:57,850 --> 00:26:59,852
Reporter: HE WAS UP.
DOWN AGAIN...
407
00:26:59,886 --> 00:27:02,822
Narrator: IN 1926
HE FIGHTS GENE TUNNEY,
408
00:27:02,855 --> 00:27:08,127
A FORMER U.S. MARINE
WITH 64 WINS UNDER HIS BELT.
409
00:27:08,160 --> 00:27:12,398
TUNNEY SHOCKS DEMPSEY AND
THE NATION WITH HIS VICTORY.
410
00:27:14,266 --> 00:27:16,836
A YEAR LATER IN 1927,
411
00:27:16,869 --> 00:27:21,173
50 MILLION AMERICANS TUNE IN
TO THE REMATCH IN CHICAGO.
412
00:27:21,207 --> 00:27:24,977
THIS IS THE RADIO COMMENTARY
THEY HEARD.
413
00:27:25,011 --> 00:27:26,012
Announcer:
THEY'RE COMING TOGETHER.
414
00:27:26,045 --> 00:27:28,047
THIS IS THE SEVENTH ROUND.
415
00:27:28,080 --> 00:27:30,349
THEY'RE UP.
416
00:27:30,382 --> 00:27:33,019
DEMPSEY CAME INTO TUNNEY,
BOTH OF THEM SHOT BOTH HANDS...
417
00:27:33,052 --> 00:27:36,889
Narrator: DEMPSEY IS IN
BLACK SHORTS WITH A RED TRIM.
418
00:27:36,923 --> 00:27:38,691
IN THE SEVENTH ROUND,
HE FLOORS TUNNEY.
419
00:27:38,725 --> 00:27:41,127
Announcer: HE LANDS A RIGHT.
THEN DEMPSEY COMES BACK!
420
00:27:41,160 --> 00:27:45,965
AND...TUNNEY IS DOWN!
TUNNEY IS DOWN!
421
00:27:45,998 --> 00:27:50,369
FROM A BARRAGE OF
LEFTS AND RIGHTS TO THE FACE.
422
00:27:50,402 --> 00:27:52,371
Narrator: HE'S SUPPOSED TO GO
TO A NEUTRAL CORNER
423
00:27:52,404 --> 00:27:56,375
BEFORE THE 10-SECOND COUNT
CAN BEGIN.
424
00:27:56,408 --> 00:28:01,080
BUT HE DOESN'T MOVE
FOR FOUR CRUCIAL SECONDS.
425
00:28:01,113 --> 00:28:03,382
IT BUYS TUNNEY EXTRA TIME.
426
00:28:03,415 --> 00:28:07,186
HE'S DOWN FOR A FULL 13 SECONDS
BEFORE GETTING UP.
427
00:28:07,219 --> 00:28:12,091
Announcer: A BARRAGE OF LEFTS
AND RIGHTS TO THE FACE.
428
00:28:12,124 --> 00:28:14,260
Narrator: IT BECOMES KNOWN
AS THE LONG COUNT.
429
00:28:14,293 --> 00:28:16,062
Announcer:
DEMPSEY IS ON THE OTHER SIDE.
430
00:28:16,095 --> 00:28:19,932
IN EIGHT, NINE,
AND TUNNEY IS UP!
431
00:28:19,966 --> 00:28:23,435
AND NOW THEY'RE AT IT AGAIN.
TUNNEY...
432
00:28:23,469 --> 00:28:27,306
Narrator: THE FIGHT CONTINUES,
AND TUNNEY WINS ON POINTS,
433
00:28:27,339 --> 00:28:30,943
DESPITE BEING DOWN LONGER
THAN THE ALLOWED COUNT OF 10.
434
00:28:30,977 --> 00:28:35,281
Announcer: OVER, IT'S ALL OUT,
AND DEMPSEY IS PRACTICALLY...
435
00:28:35,314 --> 00:28:36,916
Narrator:
IGNORING A PRESS STORM,
436
00:28:36,949 --> 00:28:40,787
DEMPSEY ACCEPTS THE DECISION
GRACEFULLY.
437
00:28:40,820 --> 00:28:42,955
HIS ATTITUDE IN DEFEAT
IS APPLAUDED
438
00:28:42,989 --> 00:28:44,757
AND MADE FAMOUS BY THE RADIO.
439
00:28:44,791 --> 00:28:46,525
HE RETIRES AT AGE 33
440
00:28:46,558 --> 00:28:50,362
A WEALTHY, POPULAR SYMBOL
OF THE AMERICAN DREAM.
441
00:28:53,365 --> 00:28:57,436
*
442
00:28:57,469 --> 00:28:59,471
WORLD-BEATING SPORTS STARS,
443
00:28:59,505 --> 00:29:03,275
TECHNOLOGICAL INNOVATION
AND A BOOMING ECONOMY.
444
00:29:05,111 --> 00:29:09,515
BY THE MID-1920s THE COUNTRY
IS BRIMMING WITH CONFIDENCE.
445
00:29:12,018 --> 00:29:15,521
BUT NATURE IS ABOUT TO DELIVER
A SHATTERING BLOW
446
00:29:15,554 --> 00:29:18,524
TO ONE ITS GREATEST
SUCCESS STORIES.
447
00:29:18,557 --> 00:29:25,164
*
448
00:29:27,466 --> 00:29:32,338
IT'S 1926, AND MIAMI'S ECONOMY
IS SOARING,
449
00:29:32,371 --> 00:29:35,908
FUELED BY NORTHERNERS ATTRACTED
TO ITS TROPICAL CLIMATE
450
00:29:35,942 --> 00:29:38,144
AND PRISTINE BEACHES.
451
00:29:40,479 --> 00:29:42,949
THROUGH THE DECADE,
THE POPULATION GROWS
452
00:29:42,982 --> 00:29:48,420
FROM 30,000 TO OVER
100,000 RESIDENTS.
453
00:29:48,454 --> 00:29:52,825
ITS BLUE SKIES, CRYSTAL WATERS
AND SWAYING PALM TREES
454
00:29:52,859 --> 00:29:56,062
MAKE IT THE WINTER PARTY
DESTINATION FOR THE WEALTHY.
455
00:29:56,095 --> 00:30:03,035
*
456
00:30:03,202 --> 00:30:07,373
ON SEPTEMBER 17th,
SUN WORSHIPPERS HAVE NO IDEA
457
00:30:07,406 --> 00:30:11,143
THAT A DEVASTATING HURRICANE
IS SWEEPING THEIR WAY.
458
00:30:14,513 --> 00:30:18,250
THAT NIGHT A 60-MILE-WIDE
CATEGORY 4 HURRICANE
459
00:30:18,284 --> 00:30:21,420
SMASHES INTO THE CITY.
460
00:30:21,453 --> 00:30:28,460
NEARLY 400 PEOPLE ARE KILLED
AND 43,000 LEFT HOMELESS.
461
00:30:28,928 --> 00:30:32,631
NEWS CAMERAMAN RALPH EARLE
IS TRAPPED FOR SIX HOURS
462
00:30:32,664 --> 00:30:36,268
CAPTURING THESE IMAGES
OF MIAMI UNDERWATER.
463
00:30:36,302 --> 00:30:40,339
*
464
00:30:40,372 --> 00:30:44,911
IT IS PERHAPS THE EARLIEST KNOWN
STORM-CHASING FOOTAGE.
465
00:30:51,583 --> 00:30:55,554
EARLE, ON THE LEFT, FLIES
HIS SHOCKING FOOTAGE HIMSELF
466
00:30:55,587 --> 00:30:58,257
TO BE DISTRIBUTED TO
THE 20,000 MOVIE THEATERS
467
00:30:58,290 --> 00:31:00,192
ACROSS THE COUNTRY.
468
00:31:00,226 --> 00:31:13,339
*
469
00:31:13,372 --> 00:31:17,376
THE REBUILDING COST
REACHES $109 MILLION--
470
00:31:17,409 --> 00:31:20,279
$165 BILLION TODAY...
471
00:31:23,315 --> 00:31:26,185
WORSE EVEN THAN
HURRICANE KATRINA.
472
00:31:26,218 --> 00:31:33,159
*
473
00:31:33,325 --> 00:31:37,363
THE UNIVERSITY OF MIAMI
HAD JUST OPENED A YEAR EARLIER
474
00:31:37,396 --> 00:31:42,434
AND CHRISTENED ITS TEAMS
THE HURRICANES.
475
00:31:42,468 --> 00:31:46,405
AS MIAMI REBUILDS,
A THOUSAND MILES TO THE NORTH,
476
00:31:46,438 --> 00:31:51,443
ONE MAN SETS OUT TO PROVE THAT
THE NATION'S SPIRIT IS UNBROKEN.
477
00:31:53,645 --> 00:31:58,084
THIS IS 24-YEAR-OLD
CHARLES LINDBERGH IN 1926,
478
00:31:58,117 --> 00:32:02,121
THE AVIATOR'S EARLIEST KNOWN
FILM FOOTAGE.
479
00:32:02,154 --> 00:32:05,157
HE'S JUST A YEAR OUT OF
ARMY FLIGHT TRAINING SCHOOL
480
00:32:05,191 --> 00:32:07,359
AND ALREADY DREAMING
OF MAKING HISTORY.
481
00:32:07,393 --> 00:32:13,966
*
482
00:32:14,000 --> 00:32:17,469
LINDBERGH WANTS TO WIN
A $25,000 PRIZE
483
00:32:17,503 --> 00:32:23,342
FOR THE FIRST SOLO NON-STOP
FLIGHT FROM NEW YORK TO PARIS.
484
00:32:23,375 --> 00:32:26,512
AT STAKE IS THE FUTURE
OF AIR TRAVEL.
485
00:32:26,545 --> 00:32:31,150
TRANSATLANTIC OCEAN LINERS
ARE SAFE AND RELIABLE BUT SLOW.
486
00:32:31,183 --> 00:32:35,154
PLANES ARE CONSIDERED
TOO DANGEROUS.
487
00:32:35,187 --> 00:32:36,755
SIX PILOTS HAVE ALREADY DIED
488
00:32:36,788 --> 00:32:39,491
ATTEMPTING
THE 3,600-MILE CROSSING.
489
00:32:39,525 --> 00:32:42,128
*
490
00:32:42,161 --> 00:32:45,497
[PEOPLE SCREAMING]
491
00:32:46,632 --> 00:32:50,602
LONG ISLAND, MAY 20, 1927.
492
00:32:50,636 --> 00:32:53,539
LINDBERGH READIES
THE SPIRIT OF ST. LOUIS,
493
00:32:53,572 --> 00:32:56,542
HIS $10,000
CUSTOM-BUILT MONOPLANE.
494
00:32:56,575 --> 00:33:09,688
*
495
00:33:09,721 --> 00:33:11,257
[CHEERING]
496
00:33:11,290 --> 00:33:14,260
500 SPECTATORS HAVE GATHERED
TO SEE HIM OFF.
497
00:33:14,293 --> 00:33:16,695
ON BOARD, HE'S PACKED
FIVE HAM SANDWICHES
498
00:33:16,728 --> 00:33:18,397
TO KEEP HIM GOING.
499
00:33:18,430 --> 00:33:25,071
*
500
00:33:25,104 --> 00:33:28,640
AT 7:52 A.M., HE'S OFF,
501
00:33:28,674 --> 00:33:31,143
AND AFTER A FEW BOUNCES, ALOFT,
502
00:33:31,177 --> 00:33:34,446
JUST BARELY CLEARING
TELEPHONE LINES.
503
00:33:37,116 --> 00:33:40,552
HE WILL BE IN THE AIR
FOR 33 AND A HALF HOURS
504
00:33:40,586 --> 00:33:44,056
WITH NO RADIO
AND ONLY A COMPASS.
505
00:33:44,090 --> 00:33:47,193
THE PRESS DUB HIM
"THE FLYING FOOL."
506
00:33:49,761 --> 00:33:51,263
[CROWD CHEERING]
507
00:33:51,297 --> 00:33:53,599
AT 10:24 P.M. IN PARIS,
508
00:33:53,632 --> 00:33:57,503
TENS OF THOUSANDS WITNESS
HIS TRIUMPHANT NIGHT LANDING.
509
00:33:57,536 --> 00:34:07,679
*
510
00:34:07,713 --> 00:34:12,084
INSTANTLY THE 25-YEAR-OLD PILOT,
NOW DUBBED "LUCKY LINDY,"
511
00:34:12,118 --> 00:34:16,655
BECOMES THE MOST FAMOUS
AMERICAN IN THE WORLD.
512
00:34:16,688 --> 00:34:18,790
*
513
00:34:18,824 --> 00:34:21,593
PRESIDENT COOLIDGE ORDERS
THE U.S.S. MEMPHIS
514
00:34:21,627 --> 00:34:23,395
TO BRING HIM BACK TO NEW YORK
IN STYLE.
515
00:34:23,429 --> 00:34:26,298
[HORN BLARES]
516
00:34:26,332 --> 00:34:30,369
[CROWD CHEERING]
517
00:34:30,402 --> 00:34:42,614
*
518
00:34:42,648 --> 00:34:44,883
FOUR MILLION PEOPLE
LINE FIFTH AVENUE
519
00:34:44,916 --> 00:34:47,453
FOR A TICKER TAPE PARADE.
520
00:34:51,457 --> 00:34:56,728
HE EPITOMIZES THE NATION--
YOUNG, HANDSOME, AND BRAVE.
521
00:34:56,762 --> 00:35:00,666
AND HIS DARING FEAT PROVES THAT
FLIGHT IS THE FUTURE OF TRAVEL.
522
00:35:00,699 --> 00:35:04,836
*
523
00:35:04,870 --> 00:35:08,140
CONGRESS AWARDS LINDBERGH
THE MEDAL OF HONOR,
524
00:35:08,174 --> 00:35:09,475
AND THE FOLLOWING YEAR
HE BECOMES
525
00:35:09,508 --> 00:35:12,744
TIME MAGAZINE'S FIRST-EVER
MAN OF THE YEAR.
526
00:35:12,778 --> 00:35:22,754
*
527
00:35:22,788 --> 00:35:24,456
FOR THREE MONTHS
HE TOURS THE COUNTRY,
528
00:35:24,490 --> 00:35:26,425
VISITING EVERY STATE.
529
00:35:26,458 --> 00:35:30,696
ONE IN FOUR AMERICANS SEES LINDY
ON HIS GUGGENHEIM TOUR.
530
00:35:30,729 --> 00:35:34,366
THE HINDS FAMILY FROM
PORTLAND, MAINE, IS AMONG THEM.
531
00:35:36,635 --> 00:35:40,439
ON JULY 24th THEY CAPTURE
LINDBERGH'S ARRIVAL IN PORTLAND
532
00:35:40,472 --> 00:35:42,274
IN A HOME MOVIE.
533
00:35:42,308 --> 00:35:47,313
*
534
00:35:47,346 --> 00:35:49,215
THE HINDS HAVE PROFITED
FROM CREATING
535
00:35:49,248 --> 00:35:52,218
A SUCCESSFUL
HAND CREAM BUSINESS.
536
00:35:52,251 --> 00:35:54,653
A NEW GENERATION OF WOMEN
WANTING THEIR PRODUCT
537
00:35:54,686 --> 00:35:56,588
AND THE POWER OF MASS PRODUCTION
538
00:35:56,622 --> 00:35:59,925
HAS MADE THEM AND OTHERS RICH,
539
00:35:59,958 --> 00:36:02,628
AND UTTERLY TRANSFORMED AMERICA.
540
00:36:02,661 --> 00:36:13,705
*
541
00:36:13,739 --> 00:36:17,509
THERE ARE NOW 20 MILLION CARS
CROWDING INTO AMERICAN CITIES.
542
00:36:17,543 --> 00:36:19,711
[HORN HONKS]
543
00:36:19,745 --> 00:36:21,280
[WHISTLE BLOWS]
544
00:36:21,313 --> 00:36:23,582
ACCIDENTS BECOME COMMON,
545
00:36:23,615 --> 00:36:26,652
AS PEDESTRIANS HAVE TO LEARN
TO WATCH OUT FOR CARS,
546
00:36:26,685 --> 00:36:28,587
AND VICE VERSA.
547
00:36:28,620 --> 00:36:30,956
THERE'S NO SUCH THING
AS A DRIVER'S TEST.
548
00:36:30,989 --> 00:36:36,695
*
549
00:36:36,728 --> 00:36:39,465
FACED WITH THIS NEW THREAT
TO PUBLIC SAFETY,
550
00:36:39,498 --> 00:36:43,235
AUTHORITIES TURN TO INNOVATION,
LIKE THE TRAFFIC LIGHT,
551
00:36:43,269 --> 00:36:45,871
AS SEEN HERE ON NEW YORK'S
FIFTH AVENUE.
552
00:36:49,408 --> 00:36:51,943
SOON TRAFFIC COPS AND STOP SIGNS
553
00:36:51,977 --> 00:36:54,746
BEGIN TO APPEAR
THROUGHOUT THE COUNTRY.
554
00:36:58,517 --> 00:37:02,854
STILL, FATALITIES INCREASE
FROM 12,000 IN 1920
555
00:37:02,888 --> 00:37:05,991
TO OVER 30,000
BY THE END OF THE DECADE.
556
00:37:09,495 --> 00:37:12,564
EDUCATION CAMPAIGNS TRY
TO HIGHLIGHT THE DANGERS
557
00:37:12,598 --> 00:37:15,267
BY PUTTING TOTALED CARS
ON DISPLAY,
558
00:37:15,301 --> 00:37:17,836
SOME EVEN SHAMING THE DRIVERS.
559
00:37:23,742 --> 00:37:25,311
IN PORTLAND, MAINE,
560
00:37:25,344 --> 00:37:29,281
THE HINDS FAMILY SHARES
IN THE NATIONAL TRAGEDY.
561
00:37:29,315 --> 00:37:32,884
*
562
00:37:32,918 --> 00:37:35,787
THEIR SON WILLIAM IS SEEN HERE
IN HOME MOVIE FOOTAGE
563
00:37:35,821 --> 00:37:38,957
AT AGE FIVE IN 1924.
564
00:37:38,990 --> 00:37:42,928
*
565
00:37:42,961 --> 00:37:46,365
A YEAR LATER, A FORD MODEL T
STRIKES AND KILLS HIM
566
00:37:46,398 --> 00:37:48,334
ON VAUGHAN STREET.
567
00:37:48,367 --> 00:37:53,505
*
568
00:37:53,539 --> 00:37:55,040
HE'S THE FOURTH BOY IN THE AREA
569
00:37:55,073 --> 00:37:58,610
TO BE STRUCK BY A CAR
WITHIN 24 HOURS.
570
00:38:03,415 --> 00:38:08,320
BUT CAR CULTURE ISN'T THE ONLY
TREND SHAPING THE COUNTRY.
571
00:38:08,354 --> 00:38:10,822
A SOARING ECONOMY
HAS CONSTRUCTION
572
00:38:10,856 --> 00:38:14,025
REACHING FOR THE SKY.
573
00:38:14,059 --> 00:38:18,364
IN MANHATTAN, A SERIES OF
AMBITIOUS SKYSCRAPERS RISE UP,
574
00:38:18,397 --> 00:38:20,632
EACH COMPETING
TO CLAIM THE TITLE
575
00:38:20,666 --> 00:38:23,502
OF TALLEST IN THE WORLD.
576
00:38:23,535 --> 00:38:26,405
THE CHRYSLER BUILDING BECOMES
THE FIRST MAN-MADE STRUCTURE
577
00:38:26,438 --> 00:38:28,674
TO BREACH 1,000 FEET.
578
00:38:31,843 --> 00:38:34,746
IT'S A LEADING EXAMPLE
OF ART DECO ARCHITECTURE
579
00:38:34,780 --> 00:38:37,483
THAT REMAINS ICONIC TO THIS DAY.
580
00:38:39,718 --> 00:38:42,554
THIS IS RARE FOOTAGE
OF ITS FAMOUS EAGLES
581
00:38:42,588 --> 00:38:46,825
BEING INSTALLED
ON THE 61st FLOOR.
582
00:38:46,858 --> 00:38:51,397
LIKE THE STATUE OF LIBERTY,
THEY'RE THINNER THAN THEY SEEM.
583
00:38:51,430 --> 00:38:58,437
[BANGING]
584
00:38:59,137 --> 00:39:01,006
THE WORKING MEN
WHO CONSTRUCT THE BUILDINGS,
585
00:39:01,039 --> 00:39:05,010
KNOWN AS ROUGHNECKS,
ARE A SPECIAL BREED.
586
00:39:05,043 --> 00:39:08,547
Man: OK, LET THE EAGLE SCREAM.
587
00:39:08,580 --> 00:39:10,148
PRETTY HIGH UP THERE.
588
00:39:10,181 --> 00:39:11,917
Narrator: THEY WORK
WITHOUT HARNESSES,
589
00:39:11,950 --> 00:39:14,152
SAFETY ROPES OR HARD HATS,
590
00:39:14,185 --> 00:39:16,855
SPENDING EIGHT-HOUR SHIFTS
IN THE CLOUDS
591
00:39:16,888 --> 00:39:19,425
WITH NO BATHROOM BREAKS.
592
00:39:22,994 --> 00:39:27,098
WORKERS FLING RED-HOT RIVETS
BY HAND THROUGH THE AIR.
593
00:39:28,700 --> 00:39:30,902
[AIR HAMMER HISSING]
594
00:39:34,806 --> 00:39:37,943
THESE JOBS ARE SO DANGEROUS
THAT TWO OUT OF FIVE
595
00:39:37,976 --> 00:39:41,413
FALL TO THEIR DEATHS
OR END UP DISABLED.
596
00:39:44,215 --> 00:39:46,785
ACROSS TOWN ON 34th STREET,
597
00:39:46,818 --> 00:39:48,454
CONSTRUCTION BEGINS
598
00:39:48,487 --> 00:39:51,657
ON AN ENORMOUS
102-FLOOR OFFICE BUILDING,
599
00:39:51,690 --> 00:39:55,761
INTENDED TO BE A SYMBOL OF
NEW YORK'S WEALTH AND POWER.
600
00:39:58,464 --> 00:40:00,866
FORMER NEW YORK GOVERNOR
AL SMITH
601
00:40:00,899 --> 00:40:03,502
ACTIVELY PROMOTES
THE CONSTRUCTION.
602
00:40:03,535 --> 00:40:06,805
Al Smith: AS FAST AS HUMAN
INGENUITY, BRAINS AND ABILITY
603
00:40:06,838 --> 00:40:08,640
CAN BRING IT ABOUT,
604
00:40:08,674 --> 00:40:12,811
THERE WILL TOWER ON THIS CORNER
THE EMPIRE STATE, INCORPORATED,
605
00:40:12,844 --> 00:40:16,515
THE LARGEST OFFICE BUILDING
IN THE WORLD.
606
00:40:16,548 --> 00:40:19,685
Narrator: BUT THE BOOM IS
A BUBBLE ABOUT TO BURST.
607
00:40:19,718 --> 00:40:26,725
*
608
00:40:27,593 --> 00:40:30,929
NEARLY 80% OF GOODS
ARE BOUGHT ON CREDIT,
609
00:40:30,962 --> 00:40:35,233
AND MOST AMERICANS
HAVE NO SAVINGS AT ALL.
610
00:40:35,266 --> 00:40:39,104
CONSUMERS ARE STRETCHING
THEMSELVES THIN.
611
00:40:39,137 --> 00:40:41,139
AND WITH A RUNAWAY BULL MARKET,
612
00:40:41,172 --> 00:40:45,577
FEW REALIZE
WHAT'S ABOUT TO COME.
613
00:40:45,611 --> 00:40:49,114
THE SKYSCRAPERS CROWN
A HOLLOW ECONOMY
614
00:40:49,147 --> 00:40:52,951
THAT IS ABOUT TO SPIN
DANGEROUSLY OUT OF CONTROL.
615
00:40:57,956 --> 00:41:00,258
*
616
00:41:00,291 --> 00:41:06,865
IN 1927, MUCH OF AMERICA
LOOKS LIKE SMOOTH SAILING.
617
00:41:06,898 --> 00:41:08,734
LIKE THE MIGHTY MISSISSIPPI,
618
00:41:08,767 --> 00:41:14,540
THE COUNTRY SEEMS TO BE FLOWING
TOWARD A PROSPEROUS FUTURE.
619
00:41:14,573 --> 00:41:17,543
FOR GENERATIONS, AMERICANS
HAVE BUILT THEIR LIVELIHOODS
620
00:41:17,576 --> 00:41:20,245
ALONG THEIR LONGEST RIVER,
621
00:41:20,278 --> 00:41:22,748
STRETCHING MORE THAN 2,300 MILES
622
00:41:22,781 --> 00:41:27,986
FROM NORTHERN MINNESOTA
TO THE GULF OF MEXICO.
623
00:41:28,019 --> 00:41:33,158
THE RIVER OFFERS JOBS, FOOD,
AND A DISTINCTIVE WAY OF LIFE,
624
00:41:33,191 --> 00:41:35,861
ALL PROTECTED BY
A SYSTEM OF LEVEES
625
00:41:35,894 --> 00:41:39,631
THAT AIM TO CONTROL
THE RIVER'S FLOW.
626
00:41:39,665 --> 00:41:44,536
BUT NATURE IS ABOUT TO SHOW THE
LIMITS OF HUMAN INTERVENTION.
627
00:41:44,570 --> 00:41:46,672
EIGHT MONTHS OF EXTREME RAINFALL
628
00:41:46,705 --> 00:41:50,576
SWELL THE RIVER
TO UNPRECEDENTED LEVELS.
629
00:41:50,609 --> 00:41:55,113
THEN, ON APRIL 21st, THE WATERS
BURST THROUGH THE LEVEES.
630
00:41:57,616 --> 00:42:02,120
THE DEVASTATION IS STAGGERING.
631
00:42:02,153 --> 00:42:04,556
AN AREA THE SIZE OF NEW ENGLAND,
632
00:42:04,590 --> 00:42:09,160
OVER 70,000 SQUARE MILES,
IS UNDERWATER.
633
00:42:09,194 --> 00:42:13,164
A THOUSAND ARE DEAD--
MOSTLY BLACK FAMILIES.
634
00:42:13,198 --> 00:42:15,834
700,000 ARE HOMELESS,
635
00:42:15,867 --> 00:42:20,706
AND THERE ARE MORE THAN
$1 BILLION IN DAMAGES.
636
00:42:20,739 --> 00:42:23,108
THIS IS THE U.S. ARMY
SIGNAL CORPS FOOTAGE
637
00:42:23,141 --> 00:42:25,310
OF THE AFTERMATH.
638
00:42:28,079 --> 00:42:30,949
IN ALL, 10 STATES ARE AFFECTED,
639
00:42:30,982 --> 00:42:33,652
WITH A FIFTH OF ARKANSAS
UNDERWATER.
640
00:42:33,685 --> 00:42:40,692
*
641
00:42:41,059 --> 00:42:43,695
NEVERTHELESS,
PRESIDENT COOLIDGE REFUSES
642
00:42:43,729 --> 00:42:47,198
TO COMMIT FEDERAL MONEY TO HELP.
643
00:42:47,232 --> 00:42:48,934
HE BELIEVES DISASTER RELIEF
644
00:42:48,967 --> 00:42:51,903
IS THE JOB OF CHARITIES
AND PRIVATE BUSINESS,
645
00:42:51,937 --> 00:42:53,705
NOT GOVERNMENT.
646
00:42:53,739 --> 00:42:59,210
*
647
00:42:59,244 --> 00:43:03,048
TEMPORARY CAMPS ARE SET UP
IN THE DISASTER ZONE.
648
00:43:06,785 --> 00:43:08,987
BUT MANY OPT TO MIGRATE NORTH
649
00:43:09,020 --> 00:43:11,757
RATHER THAN TO STAY
AND TRY TO REBUILD.
650
00:43:15,360 --> 00:43:18,864
THE GREAT MISSISSIPPI FLOOD
SERVES AS A WARNING
651
00:43:18,897 --> 00:43:21,867
OF HOW FAST FORTUNES CAN CHANGE.
652
00:43:24,035 --> 00:43:27,405
*
653
00:43:27,438 --> 00:43:29,140
BUT FOR MUCH OF THE COUNTRY,
654
00:43:29,174 --> 00:43:32,143
THE GOOD TIMES
KEEP ROLLING ALONG.
655
00:43:33,745 --> 00:43:35,847
WALL STREET IS BOOMING.
656
00:43:35,881 --> 00:43:48,126
*
657
00:43:48,159 --> 00:43:49,861
TRADING VOLUMES ARE SO HIGH
658
00:43:49,895 --> 00:43:52,864
THAT IN 1928
THE NEW YORK STOCK EXCHANGE
659
00:43:52,898 --> 00:43:57,202
INTRODUCES TICKERS THAT CAN
PRINT 500 CHARACTERS A MINUTE--
660
00:43:57,235 --> 00:44:00,238
TWICE AS FAST AS BEFORE.
661
00:44:00,271 --> 00:44:03,975
MILLIONS OF INVESTORS ARE OUT
TO GET RICH QUICK,
662
00:44:04,009 --> 00:44:07,713
OFTEN BY BORROWING MONEY
AND BUYING ON MARGIN.
663
00:44:07,746 --> 00:44:13,719
FOR THE FIRST TIME, AMERICANS
CAN BUY NOW AND PAY LATER.
664
00:44:13,752 --> 00:44:16,354
BUT THE MARKET GAINS
ARE DRIVEN BY OPTIMISM,
665
00:44:16,387 --> 00:44:19,157
NOT ON THE STRENGTH
OF THE COMPANIES.
666
00:44:21,226 --> 00:44:22,861
FEW WORRY.
667
00:44:22,894 --> 00:44:24,262
AS LONG AS THERE ARE BUYERS,
668
00:44:24,295 --> 00:44:28,934
IT SEEMS LIKE A LICENSE
TO PRINT MONEY.
669
00:44:28,967 --> 00:44:35,473
BY SEPTEMBER 1929, THE DOW JONES
HAS TRIPLED SINCE 1924.
670
00:44:35,506 --> 00:44:39,044
IT SEEMS LIKE THE BULL MARKET
WILL LAST FOREVER.
671
00:44:39,077 --> 00:44:44,750
*
672
00:44:44,783 --> 00:44:46,484
WHAT MOST INVESTORS DON'T KNOW
673
00:44:46,517 --> 00:44:50,288
IS THERE ARE TOO MANY
GOODS TO SELL.
674
00:44:50,321 --> 00:44:53,391
TOTAL CAR SALES
HAVE DROPPED 30%.
675
00:44:53,424 --> 00:44:57,963
IN DETROIT, UNSOLD CARS
PILE UP IN SCRAP YARDS.
676
00:44:57,996 --> 00:45:05,003
*
677
00:45:06,404 --> 00:45:09,808
[BELL RINGS]
678
00:45:09,841 --> 00:45:11,309
AT THE SOUND OF THE OPENING BELL
679
00:45:11,342 --> 00:45:15,213
ON THURSDAY,
OCTOBER THE 24th, 1929,
680
00:45:15,246 --> 00:45:20,151
THERE ARE NO BUYERS,
ONLY SELLERS.
681
00:45:20,185 --> 00:45:24,089
THE MARKET FALLS BY 11%.
682
00:45:24,122 --> 00:45:29,060
IN TWO HOURS $9 BILLION IS LOST.
683
00:45:29,094 --> 00:45:31,096
TERRIFIED BANKS RECALL PAYMENT
684
00:45:31,129 --> 00:45:33,431
FROM TRADERS WHO HAVE
BORROWED MONEY.
685
00:45:33,464 --> 00:45:37,402
*
686
00:45:37,435 --> 00:45:42,974
MOST CAN'T PAY,
LEAVING THE BANKS IN CRISIS.
687
00:45:43,008 --> 00:45:44,342
[BELL RINGS]
688
00:45:44,375 --> 00:45:46,111
ON TUESDAY THE 29th,
689
00:45:46,144 --> 00:45:50,315
THE NEW YORK STOCK EXCHANGE
GOES INTO A TOTAL SPIRAL.
690
00:45:50,348 --> 00:45:54,019
BROKERS BEG TO SELL
AT ANY PRICE.
691
00:45:54,052 --> 00:45:58,489
IT COMES TO BE KNOWN
AS BLACK TUESDAY.
692
00:45:58,523 --> 00:46:03,862
$25 BILLION EVAPORATE
ALMOST OVERNIGHT.
693
00:46:03,895 --> 00:46:07,398
THIS ISN'T JUST ABOUT
WALL STREET.
694
00:46:07,432 --> 00:46:11,369
BANKS WILL SHUT DOWN
ALL ACROSS THE COUNTRY.
695
00:46:11,402 --> 00:46:17,042
$140 BILLION IN SAVINGS
WILL DISAPPEAR.
696
00:46:17,075 --> 00:46:20,278
ORDINARY PEOPLE ARE RUINED.
697
00:46:22,981 --> 00:46:26,317
ASSISTANT SECRETARY OF COMMERCE
JULIUS KLEIN
698
00:46:26,351 --> 00:46:30,856
REACHES OUT THROUGH RADIO
TO RESTORE CALM.
699
00:46:30,889 --> 00:46:34,425
Julius Klein:
AND REGARDLESS OF REGRETTABLE
STOCK MARKET GYRATIONS,
700
00:46:34,459 --> 00:46:39,164
THE POSITION OF COMMERCE AND
INDUSTRY THROUGHOUT THE COUNTRY
701
00:46:39,197 --> 00:46:42,467
IS FUNDAMENTALLY SOUND.
702
00:46:42,500 --> 00:46:44,235
Narrator: HE'S WRONG.
703
00:46:44,269 --> 00:46:46,171
AFTER THE ROARING '20s,
704
00:46:46,204 --> 00:46:48,606
AMERICANS WILL COME TO KNOW
THEIR NEXT CHAPTER
705
00:46:48,639 --> 00:46:50,541
AS THE GREAT DEPRESSION.
706
00:46:50,575 --> 00:46:56,147
*
707
00:46:56,181 --> 00:46:58,884
IT'S A DEFINING TIME
FOR A YOUNG NATION,
708
00:46:58,917 --> 00:47:01,052
AND SHE WILL REVIVE,
709
00:47:01,086 --> 00:47:03,488
BUT THE FUTURE WILL NOT BE EASY.
710
00:47:03,521 --> 00:47:09,294
*
711
00:47:09,327 --> 00:47:11,396
WHEN THE GIANT
EMPIRE STATE BUILDING OPENS
712
00:47:11,429 --> 00:47:14,933
THE FOLLOWING YEAR,
IT HAS FEW TENANTS.
713
00:47:14,966 --> 00:47:18,136
Smith: WE ARE ABOUT TO
OFFICIALLY OPEN
714
00:47:18,169 --> 00:47:20,305
THE EMPIRE STATE BUILDING,
715
00:47:20,338 --> 00:47:25,243
THE LARGEST AND MOST BEAUTIFUL
OFFICE BUILDING IN THE WORLD.
716
00:47:25,276 --> 00:47:27,545
Narrator: IT STANDS LIFELESS,
717
00:47:27,578 --> 00:47:32,517
MOCKED AS
THE EMPTY STATE BUILDING.
718
00:47:32,550 --> 00:47:36,387
IT WILL TAKE TWO FULL DECADES,
UNTIL 1950,
719
00:47:36,421 --> 00:47:38,189
BEFORE IT TURNS A PROFIT.
720
00:47:38,223 --> 00:47:45,230
*
721
00:47:48,699 --> 00:47:51,002
AMERICA'S 10-YEAR PARTY
722
00:47:51,036 --> 00:47:54,239
HAS LED TO A HANGOVER
AFFECTING MILLIONS.
723
00:47:58,309 --> 00:48:02,347
IT'S THE GREATEST
BOOM TO BUST IN HISTORY.
53817
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