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View Diary: 30 Years Ago Today: The Day the Middle Class Died (279 comments)

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  •  Reagan on the Depression (1+ / 0-)
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    yoduuuh do or do not
    Even with study and reading I don't think you can quite understand what it was like to live in an America where the Illinois National Guard, with fixed bayonets, paraded down Michigan Avenue in Chicago as a warning to the more than half million unemployed men who slept every night in alleys and doorways under newspapers.

    On this campus many of us came who brought not one cent to help this school and pay for our education. The college, of course, had suffered and lost much of its endowment in the stock crash, had seen its revenue not only from endowment but from gifts curtailed because of the great financial chaos. But we heard none of that. We attended a college that made it possible for us to attend regardless of our lack of means, that created jobs for us, so that we could eat and sleep, and that allowed us to defer our tuition and trusted that they could get paid some day long after we had gone. And the professors, God bless them, on this campus, the most dedicated group of men and women whom I have ever known, went long months without drawing any pay. Sometimes the college, with a donation of a little money or produce from a farm, would buy groceries and dole them out to the teachers to at least try and provide them with food.

    Commencement Address at Eureka College, 1957

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