John Maynard Keynes Predicts Disaster-II

Lead: As part of the British delegation to the Versailles Peace Conference after World War One, John Maynard Keynes became increasingly disenchanted with the hostile attitude of the allies toward Germany.

Intro: A Moment in Time with Dan Roberts.

Content: the conference was driven by three main leaders: Lloyd George of Great Britain, Clemenceau of France, and Wilson of the United States. The conference is needed to deal the divisions in Europe after four years of terrible fighting. It failed miserably.

John Maynard Keynes Predicts Disaster-I

Lead: Known primarily for his groundbreaking work on economics during the Great Depression, John Maynard Keynes first gained international renown after the World War I Versailles Peace Conference.

Intro: A Moment in Time with Dan Roberts.

Content: Keynes was born in the early 1880s to an academic family in Cambridge England. He studied at Eaton and then at King's College, Cambridge. He graduated with first-class honors in mathematics, but ironically tested poorly on economics. After university Keynes became a civil servant, working on currency issues at Britain's India Office.

Coxey’s Army I

Lead: In the mid-1890s the United States experienced its greatest economic depression to that time. To relieve the suffering Jacob Sechler Coxey organized an army.

Intro.: A Moment in Time with Dan Roberts.

Content: Panic on Wall Street in 1893 led to the closing of hundreds of banks and widespread bankruptcies. Hundreds of thousands of workers were unemployed, nearly two hundred thousand in New York City alone. Many of those who were employed worked for corporations upon whom there was little constraint on the way in which they treated their workers. "Wage Slavery" was a term coined to describe the lot of those employed in dead end, torturous jobs, which paid very little and placed them at the mercy of corporations relentlessly pursuing ever mounting profits during a time of worsening social conditions.

Coxey’s Army II

Lead: With the United States mired in a deep depression Jacob Coxey organized a March on Washington.

Intro.: A Moment in Time with Dan Roberts.

Content: In 1894, Jacob Coxey, a successful businessman from Massillon, Ohio, and his associate Carl Brown, a labor organizer, wanted to get the US government to do something to relieve the suffering of unemployed workers during the aftermath of the Recession or Panic of 1893. Specifically, they wanted the Federal government to increase the amount of silver in circulation so that businesses could expand and hire more workers, and to appropriate $500 million dollars to put the unemployed to work building roads.