“The total cost of the Federal Arts Project was only $23 million. Many of these paintings, sculptures and prints were given to museums, courthouses, public buildings. . .. I think that today those in museums alone are worth about $100 million.”

Studs Terkel
Time Wisdom

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“It was in ’35—we had this campaign to raise a million tax dollars. In the town of Phillips, one evening, during a blizzard, I was met by a crowd of miners. They were given the day off and a stake to attend this meeting. They surrounded me and said this tax would cost six hundred of them their jobs. They were busted farmers and fortunately found a job in these Home Stake mines. I went back home feeling worried. But the tax was passed, and not a single miner lost his job.”


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“After the stock market crash, some New York editors suggested that hearings be held: what had really caused the Depression? They were held in Washington. In retrospect, they make the finest comic reading. The leading industrialists and bankers testified. They hadn’t the foggiest notion what had gone bad. You read a transcript of that record today with amazement: that they could be so unaware. This was their business, yet they didn’t understand the operation of the economy. The only good witnesses were the college professors, who enjoyed a bad reputation in those years. No professor was supposed to know anything practical about the economy.”


“I’ll never forget that Depression Easter Sunday. Our son was four years old. I bought ten or fifteen cents’ worth of eggs. You didn’t get too many eggs for that. But we were down. Margaret said, ‘Why he’ll find those in five minutes.’ I had a couple in the piano and all around. Tommy got his little Easter basket, and as he would find the eggs, I’d steal ’em out of the basket and re-hide them. The kid had more fun that Easter than he ever had. He hunted Easter eggs for three hours and he never knew the difference. (Laughs.) “My son is now thirty-nine years old. And I bore him to death every Easter with the story. He never even noticed his bag full of Easter eggs never got any fuller. . . .”


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