Iowa’s Farm and Banking Crisis of 1933

Lead: Faced with a growing number of foreclosures and bank failures depression plagued Iowa farmers began taking matters into their own hands.

Intro.: "A Moment in Time" with Dan Roberts.

Content: As the effects of the Stock Market Crash of 1929 spread outward from the financial markets farmers and small businessmen far from the centers of power began to suffer. The passage of the Smoot-Hawley Tariff in 1930 wounded an already struggling economy. With a serious depression in the prices of agricultural products and the tariff making it harder to sell what surplus there was farmers could not pay their mortgages and banks all over the country began to foreclose on farmers and throw them off their farms.

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Transistor Radio

Lead: In 1954 Texas Instruments and its partner released for the holiday shopping season a remarkable new product which transformed entertainment and pointed to the electronic future: the transistor radio.

Intro.: A Moment in Time with Dan Roberts.

Content: Just six years earlier, Bell Labs scientists had announced the invention of a primitive replacement for the vacuum tube. The glass enclosed tubes, invented in 1907 propelled the electronic world forward and made possible amplification, radio and long distance telephony, but tubes were slow, hot, bulky, and short-lived. The replacement was called a transistor or “transfer resistor.” It used the element germanium (and later silicon) covered on both sides with another element to create a tiny alternative to the vacuum tube which could act as an amplifier or a on/off switch.

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