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Black Tuesday #260823

CBS Evening News for Monday, Oct 29, 1979
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(Studio) Anniversary of "Black Tuesday." stock market crash of 1929 noted.
REPORTER: Walter Cronkite

(NYC) Crash and aftereffects examined; films shown. [Franklin D. ROOSEVELT - says unemployed are national problem.] Change in thinking re: individuals by government said probably preventing another depression. [John Kenneth GALBRAITH - discusses change in government attitude.] Safeguards against repeat of events of 1929 outlined; role of unemployment in controlling inflation considered. [Economist Robert LEKACHMAN - comments.] New dangers, such as hsing. prices, cited.
REPORTER: Ray Brady

(Studio) Economist quoted with regard to new economics as profession.
REPORTER: Walter Cronkite

Reporter(s):
Brady, Ray;
Cronkite, Walter
Duration:
00:03:50

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