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Stock Market Prices Ford Motor Company - $12.04 per share
John Deere – $ per share General Electric – $18.38 per share Coca-Cola – $45.89 per share ExxonMobil - $81.19 per share Apple - $74.92 per share Disney - $ per share
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1922 “The Lexington” six-bedroom home –
Rent: $141.98/mo. Buy: $55,130.17 Florence Home value: $28,272.40 Birdseye Frozen Foods: $1.23/week Blue Wool Cassimere Suit: $239.00 Green Satin Dress: $227.83 1922
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The “Great Experiment”
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19th Century Temperance Movement
The Causes 19th Century Temperance Movement
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War time Anti-German prejudice
The Causes War time Anti-German prejudice
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Wet vs. Dry The Causes “Wet” Supporters
Those who want to keep alcohol legal Saloonkeepers Brewery owners Immigrants Almost 300,000 saloons in the U.S. by 1900 (1 bar per 253 people in US) “Dry” Supporters Those who want to ban alcohol Women’s Christian Temperance Union (WCTU) Anti-Saloon League (ASL) Women Church congregations Wealthy industrialists Small-town Americans
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The Causes 18th Amendment
The 16 amendment removed the governments need for alcohol taxes (March 1913) The “Prohibition Amendment” (1917) didn’t ban the consumption of alcohol or its private manufacture, but alcohol couldn’t be manufactured by businesses and couldn’t be sold, imported, exported, or transported. 18th Amendment Hailed as a victory for health, morals and Christian values.
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America Loves its Liquor
18th Amendment: Prohibits the manufacture, distribution, and sale of alcohol in the United States. Volstead Act: Gave the government the ability to enforce Prohibition, making over 540,000 arrests. Called the “Great Experiment” The prohibition movement gained steam during WWI. America Loves its Liquor
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Moonshining Bootlegging Speakeasies
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Organized Crime Emergence of a cutthroat black market
Bootleggers began using intimidation and violence to guard their “territory” Organized crime families took over in major cities Chicago, NYC Dominated the news, became household names Many gangsters with colorful names began making headlines: “Baby Face” Nelson, Lucky Luciano, “Pretty Boy” Floyd, Jack “Legs” Diamond, “Bugs” Moran, and John Dillinger
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Al Capone Most influential and dangerous organized crime leader
Chicago Southside gang Suspected of orchestrating numerous murders St. Valentine’s Day Massacre Eventually convicted of tax evasion, sent to Alcatraz
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