© Jerimiah B. Brown

Echoes of 1933

Hope in the midst of the Depression

by Tim Athan

posted 2/27/2009

Seventy-six years ago this month, the country was at the low point of the Great Depression. In Ann Arbor, American Broach, King-Seeley, and Hoover Ball and Bearing all had cut production and laid off workers. Local retail sales were half their precrash levels, and home building permits were down 80 percent. Henry Ford blamed the crisis on the bankers. According

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