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Primary sources online from the Kansas Historical Society
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Governor Clyde M. Reed correspondence, Blue Sky Department applications
On October 24, 1929, sellers of the New York Stock Exchange traded 13 million shares costing investors a loss of $5 billion. Named "Black Thursday", this was the beginning of the Great Depression in the United States which would last through the 1930s and include the Dust Bowl for Kansans. This set of correspondence shows applications with the Blue Sky Department which was formed to regulate business and prevent monopolies of industries in Kansas.
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