Jump to ContentJump to Main Navigation
Lorenz HartA Poet on Broadway$
Users without a subscription are not able to see the full content.

Frederick Nolan

Print publication date: 1996

Print ISBN-13: 9780195102895

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780195102895.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see www.oxfordscholarship.com/page/privacy-policy).date: 19 October 2018

Wall Street Lays an Egg

Wall Street Lays an Egg

Chapter:
(p.129) 18 Wall Street Lays an Egg
Source:
Lorenz Hart
Author(s):

Frederick Nolan

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780195102895.003.0018

Undaunted by the relatively short run of Spring Is Here, Alex Aarons and Vinton Freedley produced another Owen Davis show, Me For You, in September. The show went into the Detroit Shubert on Sunday, September 15th, for two weeks, and closed in a shambles. Later, to paraphrase Variety's immortal headline, Wall Street laid an egg. Since 1924, with only one or two hiccups, America had fallen for the legend of the Big Bull Market in which everyone just kept on getting richer and richer. By 1929, so many people were buying on margin that there was six billion dollars outstanding in broker's loans. The toll was stupendous — more than 30 billion dollars in open market values wiped out. Just around the corner was something that would bury the American Dream for a decade: the Depression.

Keywords:   Alex Aarons, Vinton Freedley, Owen Davis, Me For You, Variety, Big Bull Market, Depression, America

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .