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156-621: The Great Depression and the rise of fascism in the 1930s caused politics and arts to collide as cultural liberals united to work on common goals. Communist parties adopted a policy of forming broad alliances with anybody willing to oppose fascism and became known as the Popular Front . After the official formation of the United Front in 1935, artists in the U.S. began seeing themselves as the “guardians of liberal and democratic ideals” Social art became significant, with 1933–38 seeing

312-634: A deflationary spiral started in 1931. Farmers faced a worse outlook; declining crop prices and a Great Plains drought crippled their economic outlook. At its peak, the Great Depression saw nearly 10% of all Great Plains farms change hands despite federal assistance. At first, the decline in the U.S. economy was the factor that triggered economic downturns in most other countries due to a decline in trade, capital movement, and global business confidence. Then, internal weaknesses or strengths in each country made conditions worse or better. For example,

468-418: A silver standard , almost avoided the depression entirely. The connection between leaving the gold standard as a strong predictor of that country's severity of its depression and the length of time of its recovery has been shown to be consistent for dozens of countries, including developing countries . This partly explains why the experience and length of the depression differed between regions and states around

624-632: A collapse as in Spain at this moment. Abroad, Spain is classified as insolvent. This is not the road to socialism or communism but to desperate anarchism without even the advantage of liberty". The disenchantment with Azaña's ruling was also voiced by Miguel de Unamuno , a republican and one of Spain's most respected intellectuals who, in June 1936, told a reporter who published his statement in El Adelanto that President Manuel Azaña should commit suicide "as

780-604: A former privately run bank, bearing no relation to the U.S. government (not to be confused with the Federal Reserve ). Unable to pay out to all of its creditors, the bank failed. Among the 608 American banks that closed in November and December 1930, the Bank of United States accounted for a third of the total $ 550 million deposits lost and, with its closure, bank failures reached a critical mass. In an initial response to

936-467: A greater reduction in credit. On 5 April 1933, President Roosevelt signed Executive Order 6102 making the private ownership of gold certificates , coins and bullion illegal, reducing the pressure on Federal Reserve gold. British economist John Maynard Keynes argued in The General Theory of Employment, Interest and Money that lower aggregate expenditures in the economy contributed to

1092-587: A group of artists who realized that collective organization was necessary to combat fascism . Politically and artistically, the congress attempted to distinguish itself from the John Reed clubs, which were specifically radical and rigidly adhered to a particular set of views. By creating a group that was non-sectarian and tolerant of all affiliations, the AAC fit in with the goal of the Popular Front. In 1936,

1248-649: A lesser scale also took place in areas controlled by the Republicans, with the participation of local authorities varying from location to location. The 19th century was a turbulent time for Spain. Those in favour of reforming the Spanish government vied for political power with conservatives who intended to prevent such reforms from being implemented. In a tradition that started with the Spanish Constitution of 1812 , many liberals sought to curtail

1404-482: A massive decline in income and to employment that was well below the average. In such a situation, the economy reached equilibrium at low levels of economic activity and high unemployment. Spanish Civil War Nationalist victory [REDACTED] Republicans [REDACTED] Nationalists 100,000–200,000 civilians killed inside the Nationalist zone 50,000–72,000 civilians killed inside

1560-600: A modern industrial city handled shortages of money and resources. Often they updated strategies their mothers used when they were growing up in poor families. Cheap foods were used, such as soups, beans and noodles. They purchased the cheapest cuts of meat—sometimes even horse meat—and recycled the Sunday roast into sandwiches and soups. They sewed and patched clothing, traded with their neighbors for outgrown items, and made do with colder homes. New furniture and appliances were postponed until better days. Many women also worked outside

1716-402: A monetary contraction first-hand were forced to join the deflationary policy since higher interest rates in countries that performed a deflationary policy led to a gold outflow in countries with lower interest rates. Under the gold standard's price–specie flow mechanism , countries that lost gold but nevertheless wanted to maintain the gold standard had to permit their money supply to decrease and

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1872-404: A monopoly on hiring; strikes; and efforts by unions to limit women's employment, all done to preserve a labour monopoly for their members. Class struggle intensified as landowners turned to counterrevolutionary organisations and local oligarchs. Strikes, workplace theft, arson, robbery and assaults on shops, strikebreakers, employers and machines became increasingly common. Ultimately, the reforms of

2028-528: A museum rental fee for exhibitors, and worked to get a showing of contemporary American art at the New York World's Fair. In 1938, the Republican gains of the mid-term elections caused such federal art projects to be rendered more conservative. Internationally, the suffering in Spain under fascism was of particular priority to the AAC. They devoted a great deal of political and artistic efforts to

2184-516: A new "constituent parliament" which would be chosen by a new politically purged electorate, who would vote on the issue of republic versus monarchy. Liberal elements would remain, such as separation of church and state as well as freedom of religion. Agrarian issues would be solved by regional commissioners on the basis of smallholdings, but collective cultivation would be permitted in some circumstances. Legislation prior to February 1936 would be respected. Violence would be required to destroy opposition to

2340-539: A patriotic act". Laia Balcells observes that polarisation in Spain just before the coup was so intense that physical confrontations between leftists and rightists were a routine occurrence in most localities; six days before the coup occurred, there was a riot between the two in the province of Teruel. Balcells notes that Spanish society was so divided along Left-Right lines that the monk Hilari Raguer stated that in his parish, instead of playing "cops and robbers", children would sometimes play "leftists and rightists". Within

2496-449: A reprisal for Castillo's murder. But he was not at home, so they went to the house of José Calvo Sotelo , a Spanish monarchist and prominent parliamentary conservative. Luis Cuenca, a member of the arresting group and a Socialist who was known as the bodyguard of PSOE leader Indalecio Prieto , summarily executed Sotelo. Reprisals followed. The killing of Calvo Sotelo with police involvement aroused suspicions and reactions among

2652-567: A serious issue in the 1930s. Support for increasing welfare programs during the depression included a focus on women in the family. The Conseil Supérieur de la Natalité campaigned for provisions enacted in the Code de la Famille (1939) that increased state assistance to families with children and required employers to protect the jobs of fathers, even if they were immigrants. In rural and small-town areas, women expanded their operation of vegetable gardens to include as much food production as possible. In

2808-480: A small cadre of Labour, but the vast majority of Labour leaders denounced MacDonald as a traitor for leading the new government. Britain went off the gold standard , and suffered relatively less than other major countries in the Great Depression. In the 1931 British election, the Labour Party was virtually destroyed, leaving MacDonald as prime minister for a largely Conservative coalition. In most countries of

2964-566: A socialist Republic in association with the Soviet Union". Francisco Largo Caballero declared that "the organized proletariat will carry everything before it and destroy everything until we reach our goal". The country had rapidly become anarchic. Even the staunch socialist Indalecio Prieto , at a party rally in Cuenca in May 1936, complained: "we have never seen so tragic a panorama or so great

3120-550: A stance in favor of proletarian revolution as the John Reed Clubs had done. As a result, the congress attracted a wide group of artists with different backgrounds, styles, and political commitments. In November 1936, the congress claimed to have 550 members with branches in Cleveland, St. Louis, New Orleans, and Los Angeles. Their first activity was to boycott the exhibition of paintings to be held in conjunction with

3276-713: A standstill agreement froze Germany's foreign liabilities for six months. Germany received emergency funding from private banks in New York as well as the Bank of International Settlements and the Bank of England. The funding only slowed the process. Industrial failures began in Germany, a major bank closed in July and a two-day holiday for all German banks was declared. Business failures were more frequent in July, and spread to Romania and Hungary. The crisis continued to get worse in Germany, bringing political upheaval that finally led to

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3432-404: A struggle between dictatorship and republican democracy , between revolution and counterrevolution , and between fascism and communism . According to Claude Bowers , U.S. ambassador to Spain during the war, it was the " dress rehearsal " for World War II . The Nationalists won the war, which ended in early 1939, and ruled Spain until Franco's death in November 1975. The war began after

3588-533: A taxi driver was attacked outside a monarchist club sparked anti-clerical violence throughout Madrid and south-west portion of the country. The slow response on the part of the government disillusioned the right and reinforced their view that the Republic was determined to persecute the church. In June and July, the Confederación Nacional del Trabajo (CNT) called several strikes , which led to

3744-708: A violent incident between CNT members and the Civil Guard and a brutal crackdown by the Civil Guard and the army against the CNT in Seville . This led many workers to believe the Second Spanish Republic was just as oppressive as the monarchy, and the CNT announced its intention of overthrowing it via revolution . Elections in June 1931 returned a large majority of Republicans and Socialists. With

3900-453: A war of religion, and military authorities increasingly deferred to the Church and to the expression of Catholic sentiment. Mola's program was vague and only a rough sketch, and there were disagreements among coupists about their vision. On 12 June, Prime Minister Casares Quiroga met General Juan Yagüe , who falsely convinced Casares of his loyalty to the republic. Mola began planning in

4056-613: A year of intense pressure, CEDA, the party with the most seats in parliament, finally succeeded in forcing the acceptance of three ministries. The Socialists (PSOE) and Communists reacted with an insurrection for which they had been preparing for nine months. The rebellion developed into a bloody uprising known as the Revolution of 1934 . Fairly well armed revolutionaries managed to take the whole province of Asturias, murdering numerous policemen, clergymen and civilians, destroying religious buildings including churches, convents and part of

4212-531: A year. Events in the period after November 1933, called the " black biennium ", seemed to make a civil war more likely. Alejandro Lerroux of the Radical Republican Party (RRP) formed a government, reversing changes made by the previous administration and granting amnesty to the collaborators of the unsuccessful uprising by General José Sanjurjo in August 1932. Some monarchists joined with

4368-658: Is a consensus that the Federal Reserve System should have cut short the process of monetary deflation and banking collapse, by expanding the money supply and acting as lender of last resort . If they had done this, the economic downturn would have been far less severe and much shorter. Modern mainstream economists see the reasons in Insufficient spending, the money supply reduction, and debt on margin led to falling prices and further bankruptcies ( Irving Fisher 's debt deflation). The monetarist explanation

4524-493: Is supported by the contrast in how the crisis progressed in, e.g., Britain, Argentina and Brazil, all of which devalued their currencies early and returned to normal patterns of growth relatively rapidly and countries which stuck to the gold standard , such as France or Belgium. Frantic attempts by individual countries to shore up their economies through protectionist policies – such as the 1930 U.S. Smoot–Hawley Tariff Act and retaliatory tariffs in other countries – exacerbated

4680-649: Is unforgivable. The argument that Mr Gil Robles tried to destroy the Constitution to establish fascism was, at once, hypocritical and false. With the rebellion of 1934, the Spanish left lost even the shadow of moral authority to condemn the rebellion of 1936." Reversals of land reform resulted in expulsions, firings and arbitrary changes to working conditions in the central and southern countryside in 1935, with landowners' behaviour at times reaching "genuine cruelty", which included violence against farmworkers and socialists, causing several deaths. One historian argued that

4836-499: Is whether he has achieved a position of distinction in his profession and the only requirement that he support the program of the Congress against war and fascism.” At the first congress meeting in 1936, the slogan was “Against War and Fascism." By the next year, the AAC toned down its platform and changed the slogan to “For Peace, for Democracy, for Cultural Progress." The congress was anti-fascism and pro-democracy, and did not take

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4992-539: The 1932 election , Hoover was defeated by Franklin D. Roosevelt , who from 1933 pursued a series of " New Deal " policies and programs to provide relief and create jobs, including the Civilian Conservation Corps , Federal Emergency Relief Administration , Tennessee Valley Authority , and Works Progress Administration . Historians disagree on the effects of the New Deal, with some claiming that

5148-577: The Carlist movement to establish an alternative branch of the Bourbon dynasty , further destabilized the Spanish monarchy. In 1868, popular uprisings led to the overthrow of Queen Isabella II of the House of Bourbon . Two distinct factors led to the uprisings: a series of urban riots and a liberal movement within the middle classes and the military (led by General Joan Prim ), which was concerned about

5304-765: The Guardia de Asalto (Assault Guard). Castillo was a Socialist party member who was giving military training to the UGT youth. Castillo had led the Assault Guards that violently suppressed the riots after the funeral of Guardia Civil lieutenant Anastasio de los Reyes. Assault Guard Captain Fernando Condés was a friend of Castillo. The next day, after getting the approval of the minister of interior to illegally arrest members of parliament, he led his squad to arrest José María Gil-Robles y Quiñones , founder of CEDA, as

5460-560: The Iberian Peninsula to coincide with the risings there. The rising was intended to be a swift coup d'état, but the government retained control of most of the country. Control over Spanish Morocco was all but certain. The plan was discovered in Morocco on 17 July, which prompted the conspirators to enact it immediately. Little resistance was encountered. The rebels shot 189 people. Goded and Franco immediately took control of

5616-735: The Loyalist cause . The organization urged lifting the American embargo of arms to the Loyalists and revising the Neutrality Act of 1937 , which prohibited such aid. Also in 1937, they organized theme exhibitions referring to the Spanish Civil War , which raised money to send ambulances, food, and clothing supplies to the Loyalists. These exhibitions make clear that the most prominent anti-fascist artists were concentrating on

5772-582: The New York Bank of United States – which produced panic and widespread runs on local banks, and the Federal Reserve sat idly by while banks collapsed. Friedman and Schwartz argued that, if the Fed had provided emergency lending to these key banks, or simply bought government bonds on the open market to provide liquidity and increase the quantity of money after the key banks fell, all the rest of

5928-582: The POUM , the CNT and the UGT . After the deaths of José Sanjurjo on July 20, 1936, Manuel Goded Llopis on August 12, 1936, and Emilio Mola on June 3, 1937, Franco gradually emerged as the primary leader of the Nationalist side. The Nationalists advanced from their strongholds in the south and west, capturing most of Spain's northern coastline in 1937. They also besieged Madrid and the area to its south and west for much of

6084-740: The Radical Republican Party , had now endured a series of crises. After a number of corruption scandals, President Niceto Alcalá-Zamora , who was hostile to this government, called another election. The Popular Front narrowly won the 1936 general election . The revolutionary left-wing masses took to the streets and freed prisoners. In the thirty-six hours following the election, sixteen people were killed (mostly by police officers attempting to maintain order or to intervene in violent clashes) and thirty-nine were seriously injured. Additionally, fifty churches and seventy conservative political centres were attacked or set ablaze. Manuel Azaña

6240-539: The coming to power of Hitler's Nazi regime in January 1933. The world financial crisis now began to overwhelm Britain; investors around the world started withdrawing their gold from London at the rate of £2.5 million per day. Credits of £25 million each from the Bank of France and the Federal Reserve Bank of New York and an issue of £15 million fiduciary note slowed, but did not reverse,

6396-539: The corrupt central government of the country in Madrid , but these circles were ultimately unsuccessful. Popular perception of communism as a major threat significantly increased during this period. In 1923, a military coup brought Miguel Primo de Rivera to power. As a result, Spain transitioned to government by military dictatorship. Support for the Rivera regime gradually faded, and he resigned in January 1930. He

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6552-473: The 1936 Olympic Games in Berlin. Internationally, the congress denounced Nazi repression in Germany and fascist aggression in Spain and China. They condemned censorship in the home and of artwork, and put on annual anti-fascist exhibits. Due to the status of many of its members, the AAC was able to generate publicity and a greater impact in the art world. It lobbied for a permanent federal art program, fought for

6708-447: The 1937 recession that interrupted it). The common view among most economists is that Roosevelt's New Deal policies either caused or accelerated the recovery, although his policies were never aggressive enough to bring the economy completely out of recession. Some economists have also called attention to the positive effects from expectations of reflation and rising nominal interest rates that Roosevelt's words and actions portended. It

6864-645: The Army of Africa, made up of 35,000 men, and just under half of Spain's militaristic police forces, the Assault Guards, the Civil Guards , and the Carabineers . Republicans controlled under half of the rifles and about a third of both machine guns and artillery pieces. The Spanish Republican Army had just 18 tanks of a sufficiently modern design, and the Nationalists took control of 10. Naval capacity

7020-523: The Bourbons were restored to the throne in the figure of Alfonso XII , Isabella's son. After the restoration, Carlists and anarchists emerged in opposition to the monarchy. Alejandro Lerroux , Spanish politician and leader of the Radical Republican Party , helped to bring republicanism to the fore in Catalonia —a region of Spain with its own cultural and societal identity in which poverty

7176-760: The British crisis. The financial crisis now caused a major political crisis in Britain in August 1931. With deficits mounting, the bankers demanded a balanced budget; the divided cabinet of Prime Minister Ramsay MacDonald's Labour government agreed; it proposed to raise taxes, cut spending, and most controversially, to cut unemployment benefits 20%. The attack on welfare was unacceptable to the Labour movement. MacDonald wanted to resign, but King George V insisted he remain and form an all-party coalition " National Government ". The Conservative and Liberals parties signed on, along with

7332-576: The Carlists, Mola was chief planner and second in command. José Antonio Primo de Rivera was put in prison in mid-March to restrict the Falange. However, government actions were not as thorough as they might have been, and warnings by the Director of Security and other figures were not acted upon. The revolt was devoid of ideology. The goal was to put an end to anarchical disorder. Mola's plan for

7488-589: The Catholic country, which included the abolition of Catholic schools and charities, a move which was met with opposition. At this point, once the constituent assembly had fulfilled its mandate of approving a new constitution, but fearing an increasing popular opposition, the Radical and Socialist majority postponed the regular elections, prolonging their time in power for two more years. Diaz's Republican government initiated numerous reforms to, in their view, modernize

7644-530: The Depression. Businessmen ignored the mounting national debt and heavy new taxes, redoubling their efforts for greater output to take advantage of generous government contracts. During World War I many countries suspended their gold standard in varying ways. There was high inflation from WWI, and in the 1920s in the Weimar Republic , Austria , and throughout Europe. In the late 1920s there

7800-521: The Dow returning to 294 (pre-depression levels) in April 1930, before steadily declining for years, to a low of 41 in 1932. At the beginning, governments and businesses spent more in the first half of 1930 than in the corresponding period of the previous year. On the other hand, consumers, many of whom suffered severe losses in the stock market the previous year, cut expenditures by 10%. In addition, beginning in

7956-489: The Federal Reserve did not act to limit the decline of the money supply was the gold standard . At that time, the amount of credit the Federal Reserve could issue was limited by the Federal Reserve Act , which required 40% gold backing of Federal Reserve Notes issued. By the late 1920s, the Federal Reserve had almost hit the limit of allowable credit that could be backed by the gold in its possession. This credit

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8112-442: The Great Depression is right, or the traditional Keynesian explanation that a fall in autonomous spending, particularly investment, is the primary explanation for the onset of the Great Depression. Today there is also significant academic support for the debt deflation theory and the expectations hypothesis that – building on the monetary explanation of Milton Friedman and Anna Schwartz – add non-monetary explanations. There

8268-642: The Great Depression. According to the U.S. Senate website, the Smoot–Hawley Tariff Act is among the most catastrophic acts in congressional history. Many economists have argued that the sharp decline in international trade after 1930 helped to worsen the depression, especially for countries significantly dependent on foreign trade. Most historians and economists blame the Act for worsening the depression by seriously reducing international trade and causing retaliatory tariffs in other countries. While foreign trade

8424-481: The New Deal prolonged the Great Depression, as they argue that National Industrial Recovery Act of 1933 and National Labor Relations Act of 1935 restricted competition and established price fixing. John Maynard Keynes did not think that the New Deal under Roosevelt single-handedly ended the Great Depression: "It is, it seems, politically impossible for a capitalistic democracy to organize expenditure on

8580-468: The Popular Front's victory in the 1936 election, groups of officers, both active and retired, got together to discuss a coup . By the end of April General Emilio Mola emerged as the leader of a national conspiracy network. The Republican government reacted by reshuffling suspect generals from influential posts, Azana however acutely aware that as he did so, the Army still served as a possible buffer to leftist power brokers threatening his government. Franco

8736-534: The Popular Front. At a meeting of the John Reed Club, the idea of an American Artists' Congress was discussed and twelve of those present were given the task of organizing it. Stuart Davis was put in charge of forming its committee. Almost all of those involved with creating the AAC were established figures of the Communist left and had some connection with the John Reed Clubs. The AAC hoped to establish

8892-616: The Republican zone The Spanish Civil War ( Spanish : guerra civil española ) was a military conflict fought from 1936 to 1939 between the Republicans and the Nationalists . Republicans were loyal to the left -leaning Popular Front government of the Second Spanish Republic , and consisted of various socialist , communist , separatist , anarchist , and republican parties, some of which had opposed

9048-425: The Republican-Socialist government alienated as many people as they pleased. Republican Manuel Azaña became prime minister of a minority government in October 1931. Fascism remained a reactive threat and it was facilitated by controversial reforms to the military. In December, a new reformist, liberal and democratic constitution was declared. It included strong provisions enforcing a broad secularisation of

9204-491: The U.K. economy, which experienced an economic downturn throughout most of the late 1920s, was less severely impacted by the shock of the depression than the U.S. By contrast, the German economy saw a similar decline in industrial output as that observed in the U.S. Some economic historians attribute the differences in the rates of recovery and relative severity of the economic decline to whether particular countries had been able to effectively devaluate their currencies or not. This

9360-435: The U.S. unemployment rate down below 10%. World War II had a dramatic effect on many parts of the American economy. Government-financed capital spending accounted for only 5% of the annual U.S. investment in industrial capital in 1940; by 1943, the government accounted for 67% of U.S. capital investment. The massive war spending doubled economic growth rates, either masking the effects of the Depression or essentially ending

9516-622: The United States, agricultural organizations sponsored programs to teach housewives how to optimize their gardens and to raise poultry for meat and eggs. Rural women made feed sack dresses and other items for themselves and their families and homes from feed sacks. In American cities, African American women quiltmakers enlarged their activities, promoted collaboration, and trained neophytes. Quilts were created for practical use from various inexpensive materials and increased social interaction for women and promoted camaraderie and personal fulfillment. Oral history provides evidence for how housewives in

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9672-465: The United States, continued to recognise the Republican government but followed an official policy of non-intervention . Despite this policy, tens of thousands of citizens from non-interventionist countries directly participated in the conflict. They fought mostly in the pro-Republican International Brigades , which also included several thousand exiles from pro-Nationalist regimes. Smaller numbers of pro-Republican international volunteer fighters fought in

9828-543: The United States, remained on the gold standard into 1932 or 1933, while a few countries in the so-called "gold bloc", led by France and including Poland, Belgium and Switzerland, stayed on the standard until 1935–36. According to later analysis, the earliness with which a country left the gold standard reliably predicted its economic recovery. For example, The UK and Scandinavia, which left the gold standard in 1931, recovered much earlier than France and Belgium, which remained on gold much longer. Countries such as China, which had

9984-578: The Wall Street crash, after which the slide continued for three years, which was accompanied by a loss of confidence in the financial system. By 1933, the U.S. unemployment rate had risen to 25 percent, about one-third of farmers had lost their land, and about half of the country's 25,000 banks had gone out of business. Many people, unable to pay mortgages or rent, became homeless and relied on begging or charities to feed themselves. The U.S. federal government initially did little to help. President Herbert Hoover , like many of his fellow Republicans , believed in

10140-445: The authority of the Spanish monarchy as well as to establish a nation-state under the ideology and philosophy that they believed in. The reforms of 1812 were short-lived as they were almost immediately overturned by King Ferdinand VII when he dissolved the aforementioned constitution. This ended the Trienio Liberal government. Twelve successful coups were carried out between 1814 and 1874. There were several attempts to realign

10296-405: The banks would not have fallen after the large ones did, and the money supply would not have fallen as far and as fast as it did. With significantly less money to go around, businesses could not get new loans and could not even get their old loans renewed, forcing many to stop investing. This interpretation blames the Federal Reserve for inaction, especially the New York branch . One reason why

10452-573: The beginning of the Depression. The Depression was preceded by a period of industrial growth and social development known as the " Roaring Twenties ". Much of the profit generated by the boom was invested in speculation , such as on the stock market , which resulted in growing wealth inequality . Banks were subject to minimal regulation under laissez-faire economic policies, resulting in loose lending and widespread debt. By 1929, declining spending had led to reductions in manufacturing output and rising unemployment . Share values continued to rise until

10608-465: The behavior of housewives. The common view among economic historians is that the Great Depression ended with the advent of World War II . Many economists believe that government spending on the war caused or at least accelerated recovery from the Great Depression, though some consider that it did not play a very large role in the recovery, though it did help in reducing unemployment. The rearmament policies leading up to World War II helped stimulate

10764-413: The behaviour of the right in the southern countryside was one of the main causes of hatred during the Civil War and possibly even the Civil War itself. Landowners taunted workers by saying that if they went hungry, they should "Go eat the Republic!" Bosses fired leftist workers and imprisoned trade union and socialist militants; wages were reduced to "salaries of hunger". In 1935, the government, led by

10920-403: The chairman of the congress stated that “The Congress does not demand any political alignments…all we ask is that artists who realize the threat of fascism come together, discuss the situation, and form an organization of artists for their own insurance…we do not want any emphasis on extreme radicalism." The AAC was directed towards artists who believed that the cultural crisis was a reflection of

11076-410: The collapse in global trade, contributing to the depression. By 1933, the economic decline pushed world trade to one third of its level compared to four years earlier. While the precise causes for the occurrence of the Great depression are disputed and can be traced to both global and national phenomena, its immediate origins are most conveniently examined in the context of the U.S. economy, from which

11232-535: The company of armed militants. Conservatives, the middle classes, businessmen and landowners became convinced that revolution had already begun. Prime Minister Santiago Casares Quiroga ignored warnings of a military conspiracy involving several generals, who decided that the government had to be replaced to prevent the dissolution of Spain. Both sides had become convinced that, if the other side gained power, it would discriminate against their members and attempt to suppress their political organisations. Shortly after

11388-470: The conflicting parties in Spain but images of the essence of human suffering. The various styles of paintings reflect the diversity of the artists aesthetic tastes and techniques. The AAC had a close association with the Communist party and eventually experienced fundamental dissension in beliefs. At a meeting in 1940, to the shock of many members, the Congress endorsed the Russian invasion of Finland . It

11544-551: The country. In 1932, the Jesuits were banned and their property was confiscated, the army was reduced, landowners were expropriated. Home rule was granted to Catalonia, with a local parliament and a president of its own. In June 1933, Pope Pius XI issued the encyclical Dilectissima Nobis , "On Oppression of the Church of Spain", raising his voice against the persecution of the Catholic Church in Spain. In November 1933,

11700-444: The coup to prevent it from being crushed swiftly. The rebels termed themselves Nacionales , normally translated "Nationalists", although the former implies "true Spaniards" rather than a nationalistic cause . The result of the coup was a nationalist area of control containing 11 million of Spain's population of 25 million. The Nationalists had secured the support of around half of Spain's territorial army, some 60,000 men, joined by

11856-584: The coup very quickly. Conversely, if the coup had risen everywhere in Spain on the 18th rather than be delayed, it could have triumphed by the 22nd. While the militias that rose to meet the rebels were often untrained and poorly armed (possessing only a small number of pistols, shotguns and dynamite), this was offset by the fact that the rebellion was not universal. In addition, the Falangists and Carlists were themselves often not particularly powerful fighters either. However, enough officers and soldiers had joined

12012-413: The coup, though it seems Mola did not envision the mass atrocities and repression that would manifest during the civil war. Of particular importance to Mola was ensuring the revolt was an Army affair, not subject to special interests, ensuring the position of the armed forces as the basis for the new state. However, the separation of church and state was forgotten once the conflict assumed the dimension of

12168-475: The crash was a mere symptom of more general economic trends of the time, which had already been underway in the late 1920s. A contrasting set of views, which rose to prominence in the later part of the 20th century, ascribes a more prominent role to failures of monetary policy . According to those authors, while general economic trends can explain the emergence of the downturn, they fail to account for its severity and longevity; they argue that these were caused by

12324-569: The crisis, the U.S. Congress passed the Smoot–Hawley Tariff Act on 17 June 1930. The Act was ostensibly aimed at protecting the American economy from foreign competition by imposing high tariffs on foreign imports. The consensus view among economists and economic historians (including Keynesians , Monetarists and Austrian economists ) is that the passage of the Smoot–Hawley Tariff had, in fact, achieved an opposite effect to what

12480-633: The decade. The Depression had devastating economic effects on both wealthy and poor countries: all experienced drops in personal income , prices ( deflation ), tax revenues, and profits. International trade fell by more than 50%, and unemployment in some countries rose as high as 33%. Cities around the world , especially those dependent on heavy industry , were heavily affected. Construction virtually halted in many countries, and farming communities and rural areas suffered as crop prices fell by up to 60%. Faced with plummeting demand and few job alternatives, areas dependent on primary sector industries suffered

12636-408: The depression. Not all governments enforced the same measures of protectionism. Some countries raised tariffs drastically and enforced severe restrictions on foreign exchange transactions, while other countries reduced "trade and exchange restrictions only marginally": The gold standard was the primary transmission mechanism of the Great Depression. Even countries that did not face bank failures and

12792-531: The deteriorating military situation, Colonel Segismundo Casado led a military coup against the Republican government , intending to seek peace with the Nationalists. These peace overtures, however, were rejected by Franco. Following internal conflict between Republican factions in Madrid in the same month, Franco entered the capital and declared victory on 1 April 1939. Hundreds of thousands of Spaniards fled to refugee camps in southern France . Those associated with

12948-488: The distribution of weapons among the civilian population. This facilitated the defeat of the army insurrection in the main industrial centres, including Madrid, Barcelona , and Valencia , but it allowed anarchists to take control of Barcelona along with large swathes of Aragón and Catalonia. General Goded surrendered in Barcelona and was later condemned to death. The Republican government ended up controlling almost all

13104-435: The domestic price level to decline ( deflation ). There is also consensus that protectionist policies, and primarily the passage of the Smoot–Hawley Tariff Act , helped to exacerbate, or even cause the Great Depression. Some economic studies have indicated that the rigidities of the gold standard not only spread the downturn worldwide, but also suspended gold convertibility (devaluing the currency in gold terms) that did

13260-402: The drop in demand. Monetarists believe that the Great Depression started as an ordinary recession, but the shrinking of the money supply greatly exacerbated the economic situation, causing a recession to descend into the Great Depression. Economists and economic historians are almost evenly split as to whether the traditional monetary explanation that monetary forces were the primary cause of

13416-475: The east coast and central area around Madrid, as well as most of Asturias , Cantabria and part of the Basque Country in the north. Hugh Thomas suggested that the civil war could have ended in the favour of either side almost immediately if certain decisions had been taken during the initial coup. Thomas argues that if the government had taken steps to arm the workers, they could probably have crushed

13572-427: The economies of Europe in 1937–1939. By 1937, unemployment in Britain had fallen to 1.5 million. The mobilization of manpower following the outbreak of war in 1939 ended unemployment. The American mobilization for World War II at the end of 1941 moved approximately ten million people out of the civilian labor force and into the war. This finally eliminated the last effects from the Great Depression and brought

13728-408: The electoral results but did not succeed. Despite CEDA's electoral victory, President Alcalá-Zamora declined to invite its leader, Gil Robles, to form a government, fearing CEDA's monarchist sympathies and proposed changes to the constitution. Instead, he invited the Radical Republican Party 's Alejandro Lerroux to do so. Despite receiving the most votes, CEDA was denied cabinet positions for nearly

13884-576: The end of the month. A large sell-off of stocks began in mid-October. Finally, on 24 October, Black Thursday , the American stock market crashed 11% at the opening bell. Actions to stabilize the market failed, and on 28 October, Black Monday, the market crashed another 12%. The panic peaked the next day on Black Tuesday, when the market saw another 11% drop. Thousands of investors were ruined, and billions of dollars had been lost; many stocks could not be sold at any price. The market recovered 12% on Wednesday but by then significant damage had been done. Though

14040-500: The explanations of the Keynesians and monetarists. The consensus among demand-driven theories is that a large-scale loss of confidence led to a sudden reduction in consumption and investment spending. Once panic and deflation set in, many people believed they could avoid further losses by keeping clear of the markets. Holding money became profitable as prices dropped lower and a given amount of money bought ever more goods, exacerbating

14196-503: The few women in the labor force, layoffs were less common in the white-collar jobs and they were typically found in light manufacturing work. However, there was a widespread demand to limit families to one paid job, so that wives might lose employment if their husband was employed. Across Britain, there was a tendency for married women to join the labor force, competing for part-time jobs especially. In France, very slow population growth, especially in comparison to Germany continued to be

14352-549: The first month of the Popular Front's government, nearly a quarter of the provincial governors had been removed due to their failure to prevent or control strikes, illegal land occupation, political violence and arson. The Popular Front government was more likely to prosecute rightists for violence than leftists who committed similar acts. Between February and July, approximately 300 to 400 deaths occurred from political violence, while hundreds of churches, religious buildings and monuments were destroyed, damaged, or vandalised. Azaña

14508-505: The first week of June, 540 million in the second, and 150 million in two days, 19–20 June. Collapse was at hand. U.S. President Herbert Hoover called for a moratorium on payment of war reparations . This angered Paris, which depended on a steady flow of German payments, but it slowed the crisis down, and the moratorium was agreed to in July 1931. An International conference in London later in July produced no agreements but on 19 August

14664-726: The formation of the John Reed Clubs , the Artists Union , the Harlem Artists Guild , and the American Artists' Congress. Artists had an idealistic view of working-class culture and used the labor movement as a sort of prototype for their mission. There was a shift in the patronage, subject matter, and position of the art produced during this time. By 1934 and 1935, it became clear that the John Reed Clubs' sectarian policies were not congruent with

14820-406: The government in the pre-war period. The opposing Nationalists were an alliance of Falangists , monarchists , conservatives , and traditionalists led by a military junta among whom General Francisco Franco quickly achieved a preponderant role. Due to the international political climate at the time, the war had many facets and was variously viewed as class struggle , a religious struggle ,

14976-606: The government tried to reshape private household consumption under the Four-Year Plan of 1936 to achieve German economic self-sufficiency. The Nazi women's organizations, other propaganda agencies and the authorities all attempted to shape such consumption as economic self-sufficiency was needed to prepare for and to sustain the coming war. The organizations, propaganda agencies and authorities employed slogans that called up traditional values of thrift and healthy living. However, these efforts were only partly successful in changing

15132-400: The government's opponents on the right. Although the nationalist generals were planning an uprising, the event was a catalyst and a public justification for a coup. Stanley Payne claims that before these events, the idea of rebellion by army officers against the government had weakened; Mola had estimated only 12% of officers reliably supported the coup and Mola considered fleeing for fear he

15288-531: The hands of the government, leaving Spain militarily and politically divided. The Nationalists and the Republican government fought for control of the country. The Nationalist forces received munitions, soldiers, and air support from Fascist Italy and Nazi Germany while the Republican side received support from the Soviet Union and Mexico. Other countries, such as the United Kingdom, France , and

15444-815: The help of the British intelligence agents, the rebels chartered a Dragon Rapide aircraft to transport Franco from the Canary Islands to Spanish Morocco . Franco arrived in Morocco on 19 July. Franco was offered this position as Mola's planning for the coup had become increasingly complex and it did not look like it would be as swift as he hoped, instead likely turning into a miniature civil war that would last weeks. Mola had concluded troops in Spain were insufficient and it would be necessary to use elite units from North Africa, something Franco had always believed would be necessary. On 12 July 1936, Falangists in Madrid killed police officer Lieutenant José Castillo of

15600-519: The home, or took boarders, did laundry for trade or cash, and did sewing for neighbors in exchange for something they could offer. Extended families used mutual aid—extra food, spare rooms, repair-work, cash loans—to help cousins and in-laws. In Japan, official government policy was deflationary and the opposite of Keynesian spending. Consequently, the government launched a campaign across the country to induce households to reduce their consumption, focusing attention on spending by housewives. In Germany,

15756-590: The initial crisis spread to the rest of the world. In the aftermath of World War I , the Roaring Twenties brought considerable wealth to the United States and Western Europe. Initially, the year 1929 dawned with good economic prospects: despite a minor crash on 25 March 1929, the market seemed to gradually improve through September. Stock prices began to slump in September, and were volatile at

15912-424: The islands to which they were assigned. On 18 July, Casares Quiroga refused an offer of help from the CNT and Unión General de Trabajadores (UGT), leading the groups to proclaim a general strike—in effect, mobilising. They opened weapons caches, some buried since the 1934 risings, and formed militias. The paramilitary security forces often waited for the outcome of militia action before either joining or suppressing

16068-563: The lack of an adequate response to the crises of liquidity that followed the initial economic shock of 1929 and the subsequent bank failures accompanied by a general collapse of the financial markets. After the Wall Street Crash of 1929 , when the Dow Jones Industrial Average dropped from 381 to 198 over the course of two months, optimism persisted for some time. The stock market rose in early 1930, with

16224-401: The law shut out workers seeking extra income as pickers. Newly established labour arbitration boards regulated salaries, contracts, and working hours, but were more favourable to workers than employers. A decree in July 1931 increased overtime pay and several laws in late 1931 restricted whom landowners could hire. Other efforts included decrees limiting: the use of machinery; efforts to create

16380-460: The losing Republicans who stayed were persecuted by the victorious Nationalists. Franco established a dictatorship in which all right-wing parties were fused into the structure of his regime. The war became notable for the passion and political division it inspired worldwide and for the many atrocities that occurred. Organised purges occurred in territory captured by Franco's forces so they could consolidate their future regime. Mass executions on

16536-521: The market entered a period of recovery from 14 November until 17 April 1930, the general situation had been a prolonged slump. From 17 April 1930 until 8 July 1932, the market continued to lose 89% of its value. Despite the crash, the worst of the crisis did not reverberate around the world until after 1929. The crisis hit panic levels again in December 1930, with a bank run on the Bank of United States ,

16692-414: The mid-1930s, a severe drought ravaged the agricultural heartland of the U.S. Interest rates dropped to low levels by mid-1930, but expected deflation and the continuing reluctance of people to borrow meant that consumer spending and investment remained low. By May 1930, automobile sales declined to below the levels of 1928. Prices, in general, began to decline, although wages held steady in 1930. Then

16848-423: The monetary base and by not injecting liquidity into the banking system to prevent it from crumbling, the Federal Reserve passively watched the transformation of a normal recession into the Great Depression. Friedman and Schwartz argued that the downward turn in the economy, starting with the stock market crash, would merely have been an ordinary recession if the Federal Reserve had taken aggressive action. This view

17004-502: The most to make recovery possible. Every major currency left the gold standard during the Great Depression. The UK was the first to do so. Facing speculative attacks on the pound and depleting gold reserves , in September 1931 the Bank of England ceased exchanging pound notes for gold and the pound was floated on foreign exchange markets. Japan and the Scandinavian countries followed in 1931. Other countries, such as Italy and

17160-487: The most. The outbreak of World War II in 1939 ended the Depression, as it stimulated factory production, providing jobs for women as militaries absorbed large numbers of young, unemployed men. The precise causes for the Great Depression are disputed. One set of historians, for example, focuses on non-monetary economic causes. Among these, some regard the Wall Street crash itself as the main cause; others consider that

17316-582: The need to balance the national budget and was unwilling to implement expensive welfare spending . In 1930, Hoover signed the Smoot–Hawley Tariff Act , which taxed imports with the intention of encouraging buyers to purchase American products, which worsened the Depression because foreign governments retaliated with tariffs on American exports. In 1932, Hoover established the Reconstruction Finance Corporation , which offered loans to businesses and support to local governments. In

17472-521: The new regime was a "republican dictatorship", modelled after Salazar's Portugal and along the lines of being semi-pluralist authoritarian, rather than fascist totalitarian. The initial government would be an all-military "Directory", which would create a "strong and disciplined state". Sanjurjo would be the head of this new regime, due to being liked and respected within the military, though his position would be symbolic due to his lack of political talent. The 1931 Constitution would be suspended, replaced by

17628-642: The onset of the Great Depression , the government tried to assist rural Spain by instituting an eight-hour day and redistributing land tenure to farm workers. The rural workers lived in some of the worst poverty in Europe at the time and the government tried to increase their wages and improve working conditions. This estranged small and medium landholders who used hired labour. The Law of Municipal Boundaries forbade owners from hiring workers outside their locality. When some localities had labour shortages,

17784-607: The partial failure of the coup d'état of July 1936 against the Republican government by a group of generals of the Spanish Republican Armed Forces , with General Emilio Mola as the primary planner and leader and General José Sanjurjo as a figurehead. The government at the time was a coalition of Republicans, supported in the Cortes by communist and socialist parties, under the leadership of centre-left president Manuel Azaña . The Nationalist faction

17940-468: The people before the military took over. The prime minister was hesitant. The uprising's timing was fixed at 17 July, at 17:01, agreed to by the leader of the Carlists, Manuel Fal Conde . However, the timing was changed—the men in the Morocco protectorate were to rise up at 05:00 on 18 July and those in Spain proper a day later so that control of Spanish Morocco could be achieved and forces sent back to

18096-483: The physical volume of exports fall, but also the prices fell by about 1 ⁄ 3 as written. Hardest hit were farm commodities such as wheat, cotton, tobacco, and lumber. Governments around the world took various steps into spending less money on foreign goods such as: "imposing tariffs, import quotas, and exchange controls". These restrictions triggered much tension among countries that had large amounts of bilateral trade, causing major export-import reductions during

18252-715: The plight in Spain. Along with several organizations, the AAC formed the American Artists and Writers Ambulance Corps for Spain. In 1939, the AAC was able to bring Pablo Picasso's painting Guernica to New York to be exhibited at the Valentine Gallery to raise money for the Spanish Refugee Relief Campaign. These attempts to help the Loyalist cause created organizational motivation for antifascist artwork that depicted images in Spain. The resulting paintings were not literal representations of

18408-480: The policies prolonged the Depression instead of shortening it. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%; in the U.S., the Depression resulted in a 30% contraction in GDP. Recovery varied greatly around the world. Some economies, such as the U.S., Germany and Japan started to recover by the mid-1930s; others, like France, did not return to pre-shock growth rates until later in

18564-406: The political situation in Europe. In their book, A Monetary History of the United States , Milton Friedman and Anna J. Schwartz also attributed the recovery to monetary factors, and contended that it was much slowed by poor management of money by the Federal Reserve System . Chairman of the Federal Reserve (2006–2014) Ben Bernanke agreed that monetary factors played important roles both in

18720-407: The political system to match social reality. Until the 1850s, the economy of Spain was primarily based on agriculture . There was little development of a bourgeois industrial or commercial class. The land-based oligarchy remained powerful; a small number of people held large estates called latifundia as well as all of the important positions in government. The mid-century Carlist Wars , fought by

18876-473: The primarily conservative and Catholic areas of Old Castile and León , which fell quickly. They took Cádiz with help from the first troops from Africa. The government retained control of Málaga , Jaén , and Almería . In Madrid, the rebels were hemmed into the Cuartel de la Montaña siege , which fell with considerable bloodshed. Republican leader Casares Quiroga was replaced by José Giral , who ordered

19032-513: The provincial capitals and, following the resignation of Aznar's government, Alfonso XIII fled the country. At this time, the Second Spanish Republic was formed. This republic remained in power until the beginning of the civil war five years later. The revolutionary committee headed by Niceto Alcalá-Zamora became the provisional government, with Alcalá-Zamora himself as president and head of state . The republic had broad support from all segments of society. In May 1931, an incident in which

19188-424: The rebellion and was released from prison in January 1935. In sparking an uprising, the non-anarchist socialists, like the anarchists, manifested their conviction that the existing political order was illegitimate. The Spanish historian Salvador de Madariaga , an Azaña supporter and an exiled vocal opponent of Francisco Franco, wrote a sharp criticism of the left's participation in the revolt: "The uprising of 1934

19344-516: The rebellion. Quick action by either the rebels or anarchist militias was often enough to decide the fate of a town. General Gonzalo Queipo de Llano secured Seville for the rebels, arresting a number of other officers. The rebels failed to take any major cities with the critical exception of the July 1936 military uprising in Seville , which provided a landing point for Franco's African troops, and

19500-613: The right-wing parties won the general election . The causal factors were increased resentment of the incumbent government caused by a controversial decree implementing land reform, by the Casas Viejas incident , and the formation of a right-wing alliance, Spanish Confederation of Autonomous Right-wing Groups (CEDA). Another factor was the recent enfranchisement of women, most of whom voted for centre-right parties. According to Stanley G. Payne and Jesús Palacios Tapias , left Republicans attempted to have Niceto Alcalá Zamora cancel

19656-434: The scale necessary to make the grand experiments which would prove my case—except in war conditions." According to Christina Romer , the money supply growth caused by huge international gold inflows was a crucial source of the recovery of the United States economy, and that the economy showed little sign of self-correction. The gold inflows were partly due to devaluation of the U.S. dollar and partly due to deterioration of

19812-499: The spring. Franco was a key player because of his prestige as a former director of the military academy and as the man who suppressed the Asturian miners' strike of 1934 . He was respected in the Army of Africa, the Army's toughest troops. He wrote a cryptic letter to Casares on 23 June, suggesting the military was disloyal, but could be restrained if he were put in charge. Casares did nothing, failing to arrest or buy off Franco. With

19968-406: The start of the civil war; for comparison, the 1931–33 land reform had granted only 6,000 peasants 45,000 hectares. As many strikes occurred between April and July as had occurred in the entirety of 1931. Workers increasingly demanded less work and more pay. "Social crimes"—refusing to pay for goods and rent—became increasingly common by workers, particularly in Madrid. In some cases, this was done in

20124-430: The then fascist-nationalist Falange Española y de las JONS ("Falange") to help achieve their aims. Open violence occurred in the streets of Spanish cities, and militancy continued to increase, reflecting a movement towards radical upheaval, rather than peaceful democratic means as solutions. A small insurrection by anarchists occurred in December 1933 in response to CEDA's victory, in which around 100 people died. After

20280-400: The ultra-conservatism of the monarchy. In 1873, Isabella's replacement, King Amadeo I of the House of Savoy , abdicated due to increasing political pressure, and the short-lived First Spanish Republic was proclaimed. The Republic was marred with political instability and conflicts and was quickly overthrown by a coup d'état by General Arsenio Martínez Campos in December 1874, after which

20436-672: The university at Oviedo. Rebels in the occupied areas proclaimed revolution for the workers and abolished the existing currency. The rebellion was crushed in two weeks by the Spanish Navy and the Spanish Republican Army , the latter using mainly Moorish colonial troops from Spanish Morocco . Azaña was in Barcelona that day, and the Lerroux-CEDA government tried to implicate him. He was arrested and charged with complicity. In fact, Azaña had no connection with

20592-665: The war. The Congress then participated in a meeting called the Artists' Societies for National Defense, which established the Artists' Council for Victory, an organization that combined twenty-three artists' societies. In May 1942 the American Artists' Congress merged with the Artists Union, thus creating the Artists League of America . Most of these artists were either delegates to AAC events or exhibited at AAC shows: Great Depression The Great Depression

20748-525: The war. After much of Catalonia was captured in 1938 and 1939, and Madrid cut off from Barcelona, the Republican military position became hopeless. Following the fall without resistance of Barcelona in January 1939, the Francoist regime was recognised by France and the United Kingdom in February 1939. On 5 March 1939, in response to an alleged increasing communist dominance of the Republican government and

20904-463: The world economic crisis. Their specific concerns were violations of international civil liberties , the inadequacy of government programs, censorship, and the decline of traditional forms of patronage. The membership brochure of the AAC read: “Membership in the Congress is open to any artist of the first rank living in the U.S. without regard to the way he paints or the subject matter he chooses to deal with in his work. The only standard for membership

21060-476: The world, recovery from the Great Depression began in 1933. In the U.S., recovery began in early 1933, but the U.S. did not return to 1929 GNP for over a decade and still had an unemployment rate of about 15% in 1940, albeit down from the high of 25% in 1933. There is no consensus among economists regarding the motive force for the U.S. economic expansion that continued through most of the Roosevelt years (and

21216-624: The world. The financial crisis escalated out of control in mid-1931, starting with the collapse of the Credit Anstalt in Vienna in May. This put heavy pressure on Germany, which was already in political turmoil. With the rise in violence of National Socialist ('Nazi') and Communist movements, as well as investor nervousness at harsh government financial policies, investors withdrew their short-term money from Germany as confidence spiraled downward. The Reichsbank lost 150 million marks in

21372-778: The worldwide economic decline and eventual recovery. Bernanke also saw a strong role for institutional factors, particularly the rebuilding and restructuring of the financial system, and pointed out that the Depression should be examined in an international perspective. Women's primary role was as housewives; without a steady flow of family income, their work became much harder in dealing with food and clothing and medical care. Birthrates fell everywhere, as children were postponed until families could financially support them. The average birthrate for 14 major countries fell 12% from 19.3 births per thousand population in 1930, to 17.0 in 1935. In Canada, half of Roman Catholic women defied Church teachings and used contraception to postpone births. Among

21528-658: Was a scramble to deflate prices to get the gold standard's conversation rates back on track to pre-WWI levels, by causing deflation and high unemployment through monetary policy. In 1933 FDR signed Executive Order 6102 and in 1934 signed the Gold Reserve Act . The two classic competing economic theories of the Great Depression are the Keynesian (demand-driven) and the Monetarist explanation. There are also various heterodox theories that downplay or reject

21684-505: Was a severe global economic downturn from 1929 to 1939. The period was characterized by high rates of unemployment and poverty; drastic reductions in liquidity , industrial production, and trade; and widespread bank and business failures around the world. The economic contagion began in 1929 in the United States , the largest economy in the world, with the devastating Wall Street stock market crash of October 1929 often considered

21840-478: Was a small part of overall economic activity in the U.S. and was concentrated in a few businesses like farming, it was a much larger factor in many other countries. The average ad valorem (value based) rate of duties on dutiable imports for 1921–1925 was 25.9% but under the new tariff it jumped to 50% during 1931–1935. In dollar terms, American exports declined over the next four years from about $ 5.2 billion in 1929 to $ 1.7 billion in 1933; so, not only did

21996-475: Was believed that this implicitly defended Hitler's position by assigning the responsibility for the war to England and France. In addition, according to a succession letter, the Congress loosened its policy of boycotting Fascist and Nazi exhibits. At this time, 17 prominent members left the Congress, writing a letter of succession detailing why. The AAC continued to function primarily with other organizations through 1941, but dissolved soon after U.S. entrance into

22152-517: Was called to form a government before the electoral process had ended. He shortly replaced Zamora as president, taking advantage of a constitutional loophole. Convinced that the left was no longer willing to follow the rule of law and that its vision of Spain was under threat, the right abandoned the parliamentary option and began planning to overthrow the republic, rather than to control it. PSOE's left wing socialists started to take action. Julio Álvarez del Vayo talked about "Spain being converted into

22308-402: Was compromised. He had to be convinced to remain by his co-conspirators. However, the kidnapping and murder of Sotelo transformed the "limping conspiracy" into a revolt that could trigger a civil war. The arbitrary use of lethal force by the state and lack of action against the attackers led to public disapproval of the government. No effective punitive, judicial or even investigative action

22464-474: Was endorsed in 2002 by Federal Reserve Governor Ben Bernanke in a speech honoring Friedman and Schwartz with this statement: Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression, you're right. We did it. We're very sorry. But thanks to you, we won't do it again. The Federal Reserve allowed some large public bank failures – particularly that of

22620-426: Was given by American economists Milton Friedman and Anna J. Schwartz . They argued that the Great Depression was caused by the banking crisis that caused one-third of all banks to vanish, a reduction of bank shareholder wealth and more importantly monetary contraction of 35%, which they called "The Great Contraction ". This caused a price drop of 33% ( deflation ). By not lowering interest rates, by not increasing

22776-485: Was hesitant to use the army to shoot or stop rioters or protestors as many of them supported his coalition. On the other hand, he was reluctant to disarm the military as he believed he needed them to stop insurrections from the extreme left. Illegal land occupation became widespread—poor tenant farmers knew the government was disinclined to stop them. By April 1936, nearly 100,000 peasants had appropriated 400,000 hectares of land and perhaps as many as 1 million hectares by

22932-500: Was in the form of Federal Reserve demand notes. A "promise of gold" is not as good as "gold in the hand", particularly when they only had enough gold to cover 40% of the Federal Reserve Notes outstanding. During the bank panics, a portion of those demand notes was redeemed for Federal Reserve gold. Since the Federal Reserve had hit its limit on allowable credit, any reduction in gold in its vaults had to be accompanied by

23088-446: Was intended. It exacerbated the Great Depression by preventing economic recovery after domestic production recovered, hampering the volume of trade; still there is disagreement as to the precise extent of the Act's influence. In the popular view, the Smoot–Hawley Tariff was one of the leading causes of the depression. In a 1995 survey of American economic historians, two-thirds agreed that the Smoot–Hawley Tariff Act at least worsened

23244-526: Was particularly acute at the time. Conscription was a controversial policy that was eventually implemented by the government of Spain. As evidenced by the Tragic Week in 1909, resentment and resistance were factors that continued well into the 20th century. Spain was neutral in World War I . Following the war, wide swathes of Spanish society, including the armed forces, united in hopes of removing

23400-494: Was replaced by General Dámaso Berenguer , who was in turn himself replaced by Admiral Juan Bautista Aznar-Cabañas ; both men continued a policy of rule by decree . There was little support for the monarchy in the major cities. Consequently, King Alfonso XIII of Spain relented to popular pressure and called municipal elections for 12 April 1931. Left-wing entities such as the Socialist and Liberal Republicans won almost all

23556-502: Was retained by the government—however, the whole of the Republican Air Force was very outdated. The war was cast by Republican sympathisers as a struggle between tyranny and freedom, and by Nationalist supporters as communist and anarchist red hordes versus Christian civilisation. Nationalists also claimed they were bringing security and direction to an ungoverned and lawless country. Spanish politics, especially on

23712-619: Was sacked as chief of staff and transferred to command of the Canary Islands . Manuel Goded Llopis was removed as inspector general and made general of the Balearic Islands . Mola was moved from head of the Army of Africa to commander of Pamplona . This latter reassignment, however, allowed Mola to direct the mainland uprising; General José Sanjurjo became the figurehead of the operation and helped reach an agreement with

23868-626: Was supported by several conservative groups, including CEDA , monarchists, including both the opposing Alfonsists and the religious conservative Carlists , and the Falange Española de las JONS , a fascist political party. The coup was supported by military units in Morocco , Pamplona , Burgos , Zaragoza , Valladolid , Cádiz , Córdoba , Málaga , and Seville . However, rebelling units in almost all important cities—such as Madrid , Barcelona , Valencia , Bilbao , Murcia , and Almería —did not gain control. Those cities remained in

24024-534: Was taken; Payne points to a possible veto by socialists within the government who shielded the killers drawn from their ranks. The murder of a parliamentary leader by state police was unprecedented, and the belief the state had ceased to be neutral and effective encouraged important sectors of the right to join the rebellion. Franco changed his mind on rebellion and dispatched a message to Mola to display his firm commitment. The Socialists and Communists, led by Indalecio Prieto , demanded that arms be distributed to

24180-470: Was the rollback of those same reflationary policies that led to the interruption of a recession beginning in late 1937. One contributing policy that reversed reflation was the Banking Act of 1935 , which effectively raised reserve requirements, causing a monetary contraction that helped to thwart the recovery. GDP returned to its upward trend in 1938. A revisionist view among some economists holds that

24336-511: Was uneven, with the Republicans retaining a numerical advantage, but with the Navy's top commanders and two of the most modern ships, heavy cruisers Canarias —captured at the Ferrol shipyard—and Baleares , in Nationalist control. The Spanish Republican Navy suffered from the same problems as the army—many officers had defected or been killed after trying to do so. Two-thirds of air capability

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