DailyTimeCapsule brief
January 11, 1938
On January 11, 1938, economic challenges continued to plague the United States as reports indicated a rise in business failures, totaling 268 for the latest period compared to 249 the previous year. The workforce was also deeply affected, with an additional 20,000 jobless individuals applying for unemployment insurance, bringing the state total to 370,000. Amidst this turmoil, Associate Justice Benjamin Cardozo remained gravely ill in Washington, D.C., with no updates provided on his condition. These events unfolded during a time when the Great Depression was still affecting American lives, leading to increased calls for government intervention in the economy, highlighting a growing reliance on state support for the struggling populace. Meanwhile, the international scene was equally fraught, with rising tensions in Europe as nations grappled with the consequences of economic instability and political upheaval.
Key developments
-
On January 11, 1938, Dun & Bradstreet reported a rise in business failures, with a total of 268 cases compared to 249 from the previous year. This alarming trend highlighted the challenges businesses faced during a time of economic uncertainty. The data reflected broader issues in the economy leading up to World War II.
-
On January 11, 1938, an additional 20,000 workers filed for unemployment insurance, bringing the total to 370,000 in the state. P. Sifton discussed the applications during a CIO forum, emphasizing the importance of workers keeping detailed earnings records. This rise in jobless claims reflected the ongoing economic struggles of the Great Depression era.
-
On January 11, 1938, reports indicated that Associate Justice Benjamin N. Cardozo's condition showed 'no change,' leaving concerns about his health unresolved. Despite the lack of a formal bulletin, his deteriorating state garnered significant attention in Washington. His prolonged illness raised discussions about the impact on the Supreme Court's functionality.
