As the dust settles on the tumultuous month of May 1930, a shocking trend is emerging across the United States: prices are plummeting. The economic crisis, which has been deepening for months, has finally taken its toll on even the most powerful trusts. In a stunning reversal, monopoly prices, once artificially inflated by powerful combines, are beginning to drop.
Related Federal Cases
Key Facts
- State: National
- Category: Fraud & Financial Crimes
- Era: Historical
- Source: Library of Congress — Chronicling America ↗
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