DailyTimeCapsule brief
June 23, 1932
On June 23, 1932, significant discussions surrounding the American film industry emerged as theater owners in Jersey announced a drop in movie ticket prices, a reflection of the ongoing economic struggles during the Great Depression. The head of the Jersey Theatre Owners also raised concerns about an impending new safety law, which would impact operational standards within theaters. Concurrently, the political landscape was stirred by a challenge posed by former Secretary of War Newton Baker, who questioned the contributions of college-educated individuals to the nation’s intellect post-graduation. Addressing Yale alumni after receiving an honorary degree, Baker emphasized the importance of educated leadership in navigating the challenges of the era, particularly during economic crises. This gathering highlighted a growing sentiment regarding the value of education and leadership in American society amid the financial turmoil.
Key developments
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On June 23, 1932, Jersey theatre owners convened to discuss the recent drop in movie ticket prices. This meeting also addressed concerns regarding the implementation of a new safety law impacting local theatres. Theatre leaders warned that these changes could affect both their operations and audience safety.
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On June 23, 1932, a tidal wave struck Cuyutlan, resulting in the death of 34 individuals. The natural disaster was triggered by seismic shocks and caused significant damage in nearby Manzanillo and Colima. The event stands as a reminder of the region's vulnerability to such catastrophic phenomena.
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BAKER CHALLENGES THE COLLEGE BRED; He Wonders 'What Happens' to the 'Intellect of America' After Graduation. THEIR AID IN CRISES ASKED Leadership In the Depression Greatly Needed, He Tells Yale Alumni After Getting Honorary Degree.
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