On Thursday October 24th 1929 the great New York stock exchange panic began. 12,894,650 shares changed hands, many at fire sale prices. The following Black Tuesday October 29th Wall Street began its long meltdown. The Wall Street crash divides two eras: the jaunty ‘jazz age’ of the 1920s and the 1930s – the decade of depression.
They didn't do much at all to help anything besides speed up the Civil War. Each act or compromise just pushed the divide between the north and the south even more apart